32 Reed Ave is a 1,190 square foot house on a 0.72 acre lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Portland data, we estimate the home's value is $663,263.
Single-familyProperty Type
1986Year Built
0.72 acresLot Size
$557Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$663,263
$17K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 19.6% lower than the average sale price ($825K) of 6 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
IR-1
Island Zone
To provide for low-intensity residential, recreational, and rural uses in the less developed areas of the islands in order to preserve the rustic character of the islands, to protect groundwater resources and natural and scenic areas, and to permit only appropriate low-intensity development in areas lacking adequate public facilities and services. Select nonresidential uses may also be permitted in the IR-1 zone.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Housing-Multiple units
Public service
Park & open space
May 6, 2026 • Final
Residential alterations (1 and 2 family)
Remodel
May 22, 2025 • Final
Plumbing
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Good
Building Style Type: Cape Cod
Exterior Wall: Wood Siding/Shingle
Property Information
Subdivision Name: PEAKS ISLAND
Living Sq. Ft: 1,190
# of Units: 1
# of Stories: 1
Lot Information
# of Buildings: 1
Land Sq. Ft: 31,363
Legal Lot Number: 40
Municipality Name: PORTLAND CITY
Acres: 0.72
State Use Description: RESIDENTIAL-OTHER
Utility Information
Sewer Type: Septic
Financial
Assessor Information
Assessment Year: 2024
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,190
Stories: 1.0
Lot Size: 0.72 acres
Style: Single Family Residential
Year Built: 1986
Year Renovated: —
County: Cumberland County
APN: 117615
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Peaks Island School
Public PreK-5 • Assigned • 0.8mi
8/10
Deering High School
Public 9-12 • Assigned • 5.5mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 86° expected this year, 18 days in 30 years
6/10 Wind Factor
69% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Portland, ME • 04108
Average low and high temperatures (°F)
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43
31
49
39
59
49
70
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75
63
73
60
68
56
59
46
50
36
37
24
Jan
Feb
Mar
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May
Jun
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Aug
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Sun exposure
In this area, properties receive around 8.4 hours in
June and 4.2 hours in December, placing it below the
U.S. average for solar exposure.
8.4 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$631,000 – $763,000
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