OFF MARKET

Off Market Mar 2025 for $464K

$490,944

•

903

sq ft

40 Portland Pier #9, Portland, ME 04101

About this home

Live in the heart of the Old Port on the water in this Portland Pier condominium overlooking Portland's working waterfront and steps away from many award-winning restaurants. You will enjoy waking up to the sunrise illuminating the whole condominium. This property is well maintained with hardwood floors, updated kitchen with pantry, Subzero refrigerator. The living room with built ins opens to a large deck overlooking the waterfront. The bedroom has generous closet space. 1 car parking space and storage included.

CondoProperty Type

1986Year Built

$544Est. Price/Sq.Ft.

1 garage spacesParking

Listed by John Hatcher • Keller Williams Realty

Bought with Faith Freedman • EXP Realty

Redfin checked: a minute ago

•Source:MREIS #1607023

Redfin Estimate

$490,944

$26K since sold in March 2025$6,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 24.2% lower than the average sale price ($648K) of 5 comparable homes.

SOLD AUG 24, 2026
$735,000
A
1 bed1 bath1,166 sq ft
62 India St #206, Portland, ME 04101
SOLD APR 2, 2026
$685,000
B
1 bed1 bath864 sq ft
62 India St #410, Portland, ME 04101
SOLD JUN 5, 2026
$815,000
C
1 bed1.5 baths1,028 sq ft
711 Chandlers Wharf #711, Portland, ME 04101
SOLD AUG 18, 2026
$549,000
D
1 bed1 bath1,006 sq ft
387 Commercial St #334, Portland, ME 04101
SOLD JUN 12, 2026
$455,000
E
1 bed1 bath842 sq ft
45 Eastern Promenade Unit 2G, Portland, ME 04101

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Earn from this home

Sell

$99,679

Est. take-home

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Rent

$3,087/mo

Redfin rental estimate

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Market trends in 04101, ME

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.9%

0.5% MoM

Median sale price

$725K

$26K MoM

Avg. days on market

37d

9 days MoM

Recently sold homes

1 MoM

New listings for sale

OPEN SUN, 1PM TO 3PM
$595,000
2 beds2 baths1,730 sq ft
45 Eastern Promenade Unit 8F & 8G, Portland, ME 04101
$1,172,000
5 beds3 baths2,557 sq ft
12 North St, Portland, ME 04101
$785,000
2 beds2 baths1,341 sq ft
61 Montreal St #3, Portland, ME 04101
$789,000
7 beds3 baths3,030 sq ft
124 Sherman St, Portland, ME 04101
$520,000
2 beds1 bath700 sq ft
99 Silver St Unit 3-5, Portland, ME 04101
$549,900
1 bed1.5 baths877 sq ft
75 Chestnut St #609, Portland, ME 04101
3D WALKTHROUGH
$699,900
2 beds2 baths1,030 sq ft
75 Chestnut St #607, Portland, ME 04101
$628,000
1 bed1 bath880 sq ft
94 Park St #3, Portland, ME 04101
$875,000
5 beds3 baths2,535 sq ft
106 Sherman St, Portland, ME 04101
$439,000
2 beds1 bath690 sq ft
129 York St #2, Portland, ME 04101
See all

Provided by Redfin

Sale history for 40 Portland Pier #9

Year

Property tax

Land + Additions

Assessment*

2024

$5,305 (+4.2%)

$70,680 + $282,720

$353,400

2023

$5,092 (+5.9%)

$70,680 + $282,720

$353,400

2022

$4,810 (+4.8%)

$70,680 + $282,720

$353,400

2021

$4,591 (−10.9%)

$70,680 + $282,720

$353,400

2020

$5,154

$44,200 + $176,900

$221,100

2019

$5,154 (+3.7%)

$44,200 + $176,900

$221,100

2018

$4,970 (+3.8%)

$44,200 + $176,900

$221,100

2017

$4,787 (+2.6%)

$44,200 + $176,900

$221,100

2016

$4,667 (+2.3%)

$44,200 + $176,900

$221,100

2015

$4,561 (+3.1%)

$44,200 + $176,900

$221,100

2014

$4,422

$44,200 + $176,900

$221,100

Tax history for 40 Portland Pier #9

Year

Property tax

Land + Additions

Assessment*

2024

$5,305 (+4.2%)

$70,680 + $282,720

$353,400

2023

$5,092 (+5.9%)

$70,680 + $282,720

$353,400

2022

$4,810 (+4.8%)

$70,680 + $282,720

$353,400

2021

$4,591 (−10.9%)

$70,680 + $282,720

$353,400

2020

$5,154

$44,200 + $176,900

$221,100

2019

$5,154 (+3.7%)

$44,200 + $176,900

$221,100

2018

$4,970 (+3.8%)

$44,200 + $176,900

$221,100

2017

$4,787 (+2.6%)

$44,200 + $176,900

$221,100

2016

$4,667 (+2.3%)

$44,200 + $176,900

$221,100

2015

$4,561 (+3.1%)

$44,200 + $176,900

$221,100

2014

$4,422

$44,200 + $176,900

$221,100

*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

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

903

Year built

1986

Style

Condo/Co-op

County

Cumberland County

APN

112198

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

WCZ

DEOZ

Waterfront Central Zone

The Waterfront Central Zone was created to protect and nurture water-dependent and marine-related support uses so that they may grow and prosper in the present and into the future in an environment and area dedicated to this purpose. The following priority of uses is recognized: The first priority of this zone is to protect and nurture existing and potential water-dependent uses in a setting that enforces their continued economic viability.; The second priority is to encourage other marine and marine-related support uses so long as they do not interfere with water-dependent uses, either directly by displacement or indirectly by placing incompatible demands on the zone’s infrastructure.; Non-marine uses are encouraged provided that they do not interfere with and are not incompatible with first and second priority uses. Non-marine uses are beneficial to the waterfront economy because they provide the financial return to property owners necessary for the maintenance and improvement of the marine infrastructure.

Zone overlays

Permitted uses

Include but are not limited to:

Office
Research & development
Educational/school
Park & open space

Property details

Parking

Parking Information
Has Garage
Attached Garage: Yes
# of Garage Spaces: 1
Parking Features: Auto Door Opener, Reserved Parking, 1 - 4 Spaces, Concrete, Common, On Site, Off Street
Vehicle Storage: 1 Car, Attached, Auto Door Opener

Interior

Bathroom Information
# of Baths (Full): 1

Room 1 Information
Type: Primary Bedroom
Level: Second

Room 2 Information
Type: Dining Room
Level: Second

Room 3 Information
Type: Kitchen
Level: Second

Room 4 Information
Type: Living Room
Level: Second

Interior Features
# of Rooms: 4
Interior Features: Walk-in Closets, Elevator Passenger, Pantry, Storage
Washer, Refrigerator, Electric Range, Dryer, Disposal, Dishwasher
Flooring: Wood, Tile

Laundry Information
Laundry Features: Washer Hookup

Exterior

Building Information
Construction Materials: Brick, Masonry, Steel Frame
Foundation Details: Pillar/Post/Pier, Concrete Perimeter
Roof: Membrane, Metal
Total Building Area (Sq. Ft.): 903
Building Area Source: Public Records

Exterior Features
Patio & Porch Features: Deck

Property Information
Property Sub Type: Condominium
Year Built: 1986
Above-Grade Finished Area (Sq. Ft.): 903
Levels: Multi-Level

Lot Information
Lot Size Source: Public Records
Lot Features: Sidewalks, Historic District, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood
Road Surface Type: Paved
Zoning: wcz

Waterfront Information
Waterfront: Yes
Water Body Name: Casco Bay
Water Body Type: Harbor

Subdivision Information
Subdivision Name: Forty Portland Pier Condominium

Financial

Tax Information
Annual Tax Amount: $5,304
Tax Year: 2025

Utilities

Utility Information
Has Heating
Heating: Zoned, Heat Pump
Has Cooling
Cooling: Heat Pump
Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Public
Water Heater: Electric

Location

Multi-Unit Information
# of Units in Community: 20

HOA Information
Has Association
Association Fee: $862.64
Association Fee Frequency: Monthly
Pets Allowed: Yes

Location Information
Unparsed Address: 40 Portland Pier 9, Portland, ME 04101
Directions: Commercial Street Portland to Portland Pier to #40 Park on Commercial Street and walk to Portland Pier

Public facts

Beds: 1
Baths: 1.0
Sq. Ft.: 903
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1986
Year Renovated: —
County: Cumberland County
APN: 112198

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Howard C Reiche Community School

Public PreK-5 • Assigned • 0.9mi

3/10

Deering High School

Public 9-12 • Assigned • 2.5mi

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 87° expected this year, 18 days in 30 years

7/10 Wind Factor

79% 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 • 04101

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 8.5 hours in June and 4.3 hours in December, placing it below the U.S. average for solar exposure.

8.5 hrs

4.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$467,000 – $565,000

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Nearby similar homes

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New listings for sale in 04101

OPEN SUN, 1PM TO 3PM

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Home values near 40 Portland Pier #9

Data from public records.

Address	Redfin Estimate
40 Portland Pier Unit 3, Portland, ME 3 Beds \| 3 Baths \| 1404 Sq. Ft.	$773,162
40 Portland Pier Unit 16, Portland, ME 1 Beds \| 1 Baths \| 640 Sq. Ft.	$426,183

Address	Redfin Estimate
40 Portland Pier Unit 11, Portland, ME 1 Beds \| 1.5 Baths \| 1074 Sq. Ft.	$551,183
40 Portland Pier Unit 8, Portland, ME 1 Beds \| 1 Baths \| 726 Sq. Ft.	$403,292

Address	Redfin Estimate
40 Portland Pier Unit 20, Portland, ME 1 Beds \| 1.5 Baths \| 1084 Sq. Ft.	$569,407
40 Portland Pier Unit 6, Portland, ME 3 Beds \| 3 Baths \| 1562 Sq. Ft.	$850,811

Property information provided by MREIS when last listed in 2024. This data may not match . Learn more.

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