This home's estimate is 11.5% higher than the average sale price ($388K) of 6 comparable homes.
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328 Ray St, Portland, ME 04103
About this home
Situated in Portland's sought-after North Deering neighborhood, this freshly painted 2-bedroom, 1-bath Ranch offers a rare blend of simplicity, charm, and convenience. Whether you're seeking a welcoming place to land or a promising investment opportunity, this single-level gem is full of potential. Inside, you'll find a clean and cozy interior that makes the most of its footprint—easy to maintain, with just the right amount of space to feel relaxed without being overwhelming. The light-filled living area invites you to unwind, while the efficient layout keeps everything within easy reach. Need extra room for storage? The basement provides a generous amount of space to keep things organized and out of sight. Outside, a manageable yard and small shed offer even more versatility for hobbies, tools, or outdoor gear. With nearby walking trails and quick access to dining, shopping, and everyday essentials, this location offers both connection and convenience in one of Portland's most established neighborhoods. Whether you're starting fresh, simplifying, or investing in a solid rental, this North Deering home is ready to welcome you.
Redfin Estimate
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Market trends in 04103, ME
Last updated July 2026
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Seller's Market
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Provided by Redfin
Sale history for 328 Ray St
$506/sq ft
$410/sq ft
$233/sq ft
Tax history for 328 Ray St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Parking Features: 1 - 4 Spaces, Paved
Interior
- Bathroom Information
- # of Baths (Full): 1
- Room 1 Information
- Type: Bedroom 1
- Level: First
- Room 2 Information
- Type: Living Room
- Level: First
- Room 3 Information
- Type: Bedroom 2
- Level: First
- Room 4 Information
- Type: Kitchen
- Level: First
- Room 5 Information
- Type: Mud Room
- Level: First
- Basement Information
- Basement Entry: Interior, Full, Unfinished
- Interior Features
- # of Rooms: 5
- Interior Features: 1st Floor Bedroom, One-Floor Living, Storage
- Refrigerator, Electric Range
- Flooring: Wood, Vinyl, Tile
- Laundry Information
- Laundry Features: Washer Hookup
Exterior
- Building Information
- Construction Materials: Vinyl Siding, Shingle Siding, Wood Frame
- Roof: Shingle
- Total Building Area (Sq. Ft.): 792
- Building Area Source: Public Records
- Exterior Features
- Patio & Porch Features: Patio
- Other Structures: Shed(s)
- Property Information
- Property Sub Type: Single Family Residence
- Year Built: 1956
- Above-Grade Finished Area (Sq. Ft.): 792
- Lot Information
- Lot Size (Sq. Ft.): $4,791.60
- Lot Size (Acres): 0.11
- Lot Size Source: Public Records
- Lot Features: Open, Level, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood
- Road Surface Type: Paved
- Zoning: R5
Financial
- Tax Information
- Annual Tax Amount: $3,754
Utilities
- Utility Information
- Has Heating
- Heating: Baseboard
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water Source: Public
- Water Heater: Off Heating System
Location
- Location Information
- Unparsed Address: 328 Ray Street, Portland, ME 04103
- Directions: Washington Avenue to Allen Avenue to Ray Street OR Washington Avenue to Maine Avenue to Ray Street
Public facts
- Beds: 2
- Baths: 1.0
- Sq. Ft.: 792
- Stories: 1.0
- Lot Size: 4,792 square feet
- Style: Single Family Residential
- Year Built: 1956
- Year Renovated: —
- County: Cumberland County
- APN: 131277
Around this home
Schools
Public PreK-5 • Assigned • 0.6mi
Public 6-8 • Assigned • 0.6mi
Public 9-12 • Assigned • 0.8mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 88° expected this year, 17 days in 30 years
60% chance of strong winds in next 30 years
1 unhealthy days expected this year, 1 days in 30 years
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.
Nearby similar homes
New listings for sale in 04103
Home values near 328 Ray St
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 730 Sq. Ft. | $394,689 |
2 Beds | 2 Baths | 884 Sq. Ft. | $396,912 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 792 Sq. Ft. | $379,445 |
2 Beds | 1 Baths | 1008 Sq. Ft. | $410,392 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 768 Sq. Ft. | $397,660 |
2 Beds | 1 Baths | 1092 Sq. Ft. | $476,867 |
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