OFF MARKET

Off Market May 2022 for $855K

—

•

13,180

sq ft

38 Veranda St, Portland, ME 04103

About this home

MOTIVATED SELLERS! Very nice 5 unit in a desirable and convenient location with the possibility of an additional efficiency unit available. Well maintained, with strong rental history and cashflow. Property has been in the family for more than 50 years! Top floor is owner's unit which is completely updated. Efficiency unit over the garage area as well. Ample off-street parking. Short walk to dinner at Veranda Thai, Other Side Diner or the Other Side Market! Back Bay, Mackworth and Munjoy Hill are also a short bike ride away! Great opportunity for an investor or owner occupant. 4 units rented currently. Long term tenants. Bring your vision and get into the Portland rental market! Income and Expenses are estimates.

Multi-familyProperty Type

1900Year Built

4,791 sq ftLot Size

$65Price/Sq.Ft.

2 car garageParking

Listed by Shannon Boyington • Maine Real Estate Experts

Bought with Mackenzie Simpson • Porta & Company

Redfin checked: 4 minutes ago

•Source:MREIS #1522059

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 04103, ME

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

102.4%

0.3% MoM

Median sale price

$562K

$2K MoM

Avg. days on market

12d

2 days MoM

Recently sold homes

3 MoM

New listings for sale

NEW 1 HR AGO
$695,000
3 beds2 baths1,178 sq ft
15 Walton St #3, Portland, ME 04103
REDFIN OPEN SUN, 9AM TO 11AM
$560,000
3 beds2 baths1,176 sq ft
55 Aldworth St, Portland, ME 04103
NEW 18 HRS AGO
$299,000
3 beds1 bath1,121 sq ft
150-154 Murray St, Portland, ME 04103
NEW 22 HRS AGO
$2,000,000
6 beds4 baths2,076 sq ft
829 Forest Ave, Portland, ME 04103
OPEN SEP 7, 11AM TO 1PM
$649,900
3 beds3 baths1,947 sq ft
33 Feeney Way #23, Portland, ME 04103
OPEN TODAY, 5PM TO 6:30PM
$475,000
3 beds1 bath1,072 sq ft
691 Washington Ave, Portland, ME 04103
$359,900
2 beds1.5 baths1,123 sq ft
1326 Forest Ave #12, Portland, ME 04103
$699,000
4 beds2 baths2,184 sq ft
436 Woodford St, Portland, ME 04103
OPEN FRI, 4PM TO 6PM
$369,000
2 beds1.5 baths1,854 sq ft
423 Allen Ave, Portland, ME 04103
$775,000
4 beds1.5 baths1,354 sq ft
27 Berkeley St, Portland, ME 04103
See all

Provided by Redfin

Sale history for 38 Veranda St

Year

Property tax

Land + Additions

Assessment*

2024

$9,802 (+4.2%)

$303,900 + $349,100

$653,000

2023

$9,410 (+5.9%)

$303,900 + $349,100

$653,000

2022

$8,887 (+4.8%)

$303,900 + $349,100

$653,000

2021

$8,482 (+21.8%)

$303,900 + $349,100

$653,000

2020

$6,965

$52,600 + $246,200

$298,800

2019

$6,965 (+3.7%)

$52,600 + $246,200

$298,800

2018

$6,717 (+3.8%)

$52,600 + $246,200

$298,800

2017

$6,469 (+2.6%)

$52,600 + $246,200

$298,800

2016

$6,308 (+2.3%)

$52,600 + $246,200

$298,800

2015

$6,164 (+3.1%)

$52,600 + $246,200

$298,800

2014

$5,976

$52,600 + $246,200

$298,800

Tax history for 38 Veranda St

Year

Property tax

Land + Additions

Assessment*

2024

$9,802 (+4.2%)

$303,900 + $349,100

$653,000

2023

$9,410 (+5.9%)

$303,900 + $349,100

$653,000

2022

$8,887 (+4.8%)

$303,900 + $349,100

$653,000

2021

$8,482 (+21.8%)

$303,900 + $349,100

$653,000

2020

$6,965

$52,600 + $246,200

$298,800

2019

$6,965 (+3.7%)

$52,600 + $246,200

$298,800

2018

$6,717 (+3.8%)

$52,600 + $246,200

$298,800

2017

$6,469 (+2.6%)

$52,600 + $246,200

$298,800

2016

$6,308 (+2.3%)

$52,600 + $246,200

$298,800

2015

$6,164 (+3.1%)

$52,600 + $246,200

$298,800

2014

$5,976

$52,600 + $246,200

$298,800

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

5,227 Sq. Ft.

Year renovated

—

Sq. Ft.

6,590

Year built

1900

Style

Multi-Family (5+ Unit)

County

Cumberland County

APN

132356

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

Residential

To provide appropriate areas of the city for medium-density residential development characterized by singlefamily, two-family and low-intensity multifamily dwellings on individual lots; to ensure the stability of established medium-density neighborhoods by controlling residential conversions; and to provide for planned residential unit development on substantially-sized parcels.

Property details

Parking

Parking Information
Has Garage
Attached Garage: Yes
# of Garage Spaces: 2
Parking Features: Auto Door Opener, 1 - 4 Spaces, Gravel, Common, Inside Entrance, On Street
Vehicle Storage: 2 Car, Attached, Auto Door Opener, Direct Entry to Living

Interior

Bathroom Information
# of Baths (Full): 5

Basement Information
Basement Entry: Interior, Walk-Out Access, Full, Exterior Only, Unfinished

Interior Features
Flooring: Wood, Vinyl, Tile, Carpet

Multi-Unit Information
# of Units Total: 5
# of 1 Bedroom Units: 5
Operating Expense: $27,500
Gross Income: $60,600

Unit 1 Information
# of Bedrooms: 1
Actual Rent: $1,150
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2 Information
# of Bedrooms: 1
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Third
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3 Information
# of Bedrooms: 1
Actual Rent: $1,300
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 4 Information
# of Bedrooms: 1
Actual Rent: $1,300
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 5 Information
# of Bedrooms: 1
Actual Rent: $1,300
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Exterior

Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Concrete Perimeter
Roof: Composition, Shingle
Total Building Area (Sq. Ft.): 13,180

Property Information
Year Built: 1900
Above-Grade Finished Area (Sq. Ft.): 6,590
Below-Grade Finished Area (Sq. Ft.): 6,590
Levels: Multi-Level

Lot Information
Lot Size (Sq. Ft.): $4,791.60
Lot Size (Acres): 0.11
Lot Size Source: Public Records
Lot Features: Open, Corner Lot, Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Office Park, Near Public Transit
Road Surface Type: Paved
Zoning: R5

Financial

Tax Information
Annual Tax Amount: $8,482
Tax Year: 2021

Utilities

Utility Information
Has Heating
Heating: Hot Water, Forced Air, Baseboard
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On, Pole
Utilities On: Yes
Water Source: Public
Water Heater: Gas, Off Heating System

Location

Location Information
Unparsed Address: 38 Veranda Street, Portland, ME 04103
Directions: Washington Avenue to Veranda Street #38. GPS friendly.

Public facts

Beds: —
Baths: —
Sq. Ft.: 6,590
Stories: —
Lot Size: 5,227 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1900
Year Renovated: —
County: Cumberland County
APN: 132356

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Presumpscot School

Public PreK-5 • Assigned • 0.2mi

5/10

Lyman Moore Middle School

Public 6-8 • Assigned • 2.3mi

4/10

Deering High School

Public 9-12 • Assigned • 2.1mi

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 87° expected this year, 17 days in 30 years

6/10 Wind Factor

64% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Portland, ME • 04103

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

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

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New listings for sale in 04103

NEW 1 HR AGO

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$299,000

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829 Forest Ave, Portland, ME 04103

OPEN SEP 7, 11AM TO 1PM

$649,900

3 beds3 baths1,947 sq ft

33 Feeney Way #23, Portland, ME 04103

OPEN TODAY, 5PM TO 6:30PM

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Home values near 38 Veranda St

Data from public records.

Address	Redfin Estimate
36 Veranda St, Portland, ME 3 Beds \| 1 Baths \| 1702 Sq. Ft.	$532,448
56 Veranda St, Portland, ME 7 Beds \| 3 Baths \| 3949 Sq. Ft.	$837,327

Address	Redfin Estimate
32 Veranda St, Portland, ME 8 Beds \| 2 Baths \| 3440 Sq. Ft.	$722,684
41 Veranda St, Portland, ME 3 Beds \| 2 Baths \| 1694 Sq. Ft.	$485,580

Address	Redfin Estimate
53 Veranda St, Portland, ME 4 Beds \| 2 Baths \| 2784 Sq. Ft.	$660,741
28 Veranda St, Portland, ME 5 Beds \| 3 Baths \| 2738 Sq. Ft.	$824,437

Property information provided by MREIS when last listed in 2022. This data may not match . Learn more.

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