OFF MARKET

Off Market Jul 2024 for $549K

$699,933

•

2,042

sq ft

41 Alder St, Portland, ME 04101

About this home

Rare opportunity to own a multi family that's newer construction, fully renovated, at an affordable price on the peninsula! Includes four coveted off-street parking spots and grassy yard! Unit 1: two main bedrooms plus guest bedroom/wfh office, one bathroom. Unit 2: one bedroom, one bathroom plus a daylight basement that could easily be finished for additional space. Both units are open concept with quartz countertops, xl kitchen islands, hardwood floors, high ceilings, and include walk-in closets. Excellent rental history to professionals. One townhouse is vacant to move right in as you rent the other to build equity.

Multi-familyProperty Type

1902Year Built

3,920 sq ftLot Size

$343Est. Price/Sq.Ft.

1 spaceParking

Listed by Whitney Wright • Keller Williams Realty

Contact: 207-558-2717

Bought with Sarah Delisl Courtney Sweeton • Portside Real Estate Group

Redfin checked: 2 minutes ago

•Source:MREIS #1594707

Redfin Estimate

$699,933

$151K since sold in July 2024$30K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8.4% lower than the average sale price ($764K) of 6 comparable homes.

SOLD SEP 16, 2026
$600,000
A
2 beds2.5 baths1,440 sq ft
52 Maple St, Portland, ME 04101
SOLD JUN 9, 2026
$858,000
B
4 beds2 baths2,256 sq ft
105 Clark St, Portland, ME 04102
SOLD AUG 28, 2026
$550,000
C
3 beds1.5 baths1,200 sq ft
25 Mosher St, South Portland, ME 04106
SOLD AUG 28, 2026
$1,275,000
D
3 beds2.5 baths1,836 sq ft
116 Sheridan St, Portland, ME 04101
SOLD APR 30, 2026
$800,000
E
3 beds1 bath1,617 sq ft
32 Melbourne St, Portland, ME 04101
SOLD MAY 26, 2026
$499,900
F
4 beds2 baths1,460 sq ft
1 Horton Pl, Portland, ME 04102

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Earn from this home

Sell

$235,672

Est. take-home

List your home with Redfin and save $6,999

Market trends in 04101, ME

Last updated August 2026

Buyer's Market

Seller's Market

Balanced 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

$1,400,000
2 beds2 baths1,327 sq ft
387 Commercial St #326, Portland, ME 04101
$1,500,000
10 beds7 baths8,984 sq ft
31 Deering St, Portland, ME 04101
$1,195,000
7 beds6 baths5,472 sq ft
273 State St, Portland, ME 04101
$349,000
1 bed1 bath500 sq ft
156 York St #3, Portland, ME 04101
$795,000
2 beds1.5 baths1,177 sq ft
75 St Lawrence St #1, Portland, ME 04101
$630,000
1 bed1 bath956 sq ft
99 Federal St #301, Portland, ME 04101
$595,000
2 beds1 bath920 sq ft
80 Vesper St #2, Portland, ME 04101
3D WALKTHROUGH
$875,000
2 beds2 baths1,001 sq ft
58 Cumberland Ave #1, Portland, ME 04101
$399,000
1 bed1 bath565 sq ft
10 Exchange St #307, Portland, ME 04101
See all

Provided by Redfin

Sale history for 41 Alder St

Year

Property tax

Land + Additions

Assessment*

2024

$6,570 (+4.2%)

$137,500 + $300,200

$437,700

2023

$6,307 (+5.9%)

$137,500 + $300,200

$437,700

2022

$5,957 (+4.8%)

$137,500 + $300,200

$437,700

2021

$5,686 (+26.1%)

$137,500 + $300,200

$437,700

2020

$4,510 (+3.0%)

$65,900 + $127,600

$193,500

2019

$4,380 (+3.7%)

$65,900 + $122,000

$187,900

2018

$4,224 (+3.8%)

$65,900 + $122,000

$187,900

2017

$4,068 (+2.5%)

$65,900 + $122,000

$187,900

2016

$3,967 (+2.3%)

$65,900 + $122,000

$187,900

2015

$3,876 (+3.1%)

$65,900 + $122,000

$187,900

2014

$3,758

$65,900 + $122,000

$187,900

Tax history for 41 Alder St

Year

Property tax

Land + Additions

Assessment*

2024

$6,570 (+4.2%)

$137,500 + $300,200

$437,700

2023

$6,307 (+5.9%)

$137,500 + $300,200

$437,700

2022

$5,957 (+4.8%)

$137,500 + $300,200

$437,700

2021

$5,686 (+26.1%)

$137,500 + $300,200

$437,700

2020

$4,510 (+3.0%)

$65,900 + $127,600

$193,500

2019

$4,380 (+3.7%)

$65,900 + $122,000

$187,900

2018

$4,224 (+3.8%)

$65,900 + $122,000

$187,900

2017

$4,068 (+2.5%)

$65,900 + $122,000

$187,900

2016

$3,967 (+2.3%)

$65,900 + $122,000

$187,900

2015

$3,876 (+3.1%)

$65,900 + $122,000

$187,900

2014

$3,758

$65,900 + $122,000

$187,900

*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

3,920 Sq. Ft.

Year renovated

—

Sq. Ft.

2,042

Year built

1902

Style

Multi-Family (2-4 Unit)

County

Cumberland County

APN

112556

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

B2B

Community Business District

To provide neighborhood and community retail, business and service establishments that are oriented to and built close to the street. The B-2b zone is suitable in areas where a more compact urban development pattern exists or where a neighborhood-compatible commercial district is established which exhibits a pedestrian scale and character. Such locations may include the peninsula and other arterials and intersections with an existing urban or neighborhood-oriented building pattern. The B-2b zone encourages mixed-use development, and provides locations for moderate to high-density housing in urban neighborhoods along arterials.

Permitted uses

Include but are not limited to:

Day care facility
General retail
Restaurant
Housing-Multiple units
Housing-Senior
Industrial
Mixed use
Office
Public service
Park & open space

Property details

Parking

Parking Information
Parking Features: 1 - 4 Spaces, Paved

Interior

Bathroom Information
# of Baths (Full): 2

Basement Information
Basement Entry: Interior, Walk-Out Access, Daylight, Sump Pump

Interior Features
Interior Features: Walk-in Closets, Shower
Flooring: Vinyl

Laundry Information
Laundry Features: Upper Level

Multi-Unit Information
# of Units Total: 2
# of 1 Bedroom Units: 1
# of 2 Bedroom Units: 1

Unit 1 Information
# of Bedrooms: 3
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Level: First
Refrigerator: Yes
Sewer: No
Water: No

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

Exterior

Building Information
Construction Materials: Vinyl Siding, Wood Frame
Roof: Shingle
Total Building Area (Sq. Ft.): 2,042

Exterior Features
Patio & Porch Features: Deck

Property Information
Year Built: 1902
Above-Grade Finished Area (Sq. Ft.): 2,042
Levels: Multi-Level

Lot Information
Lot Size (Sq. Ft.): $3,920.40
Lot Size (Acres): 0.09
Lot Size Source: Public Records
Lot Features: Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad
Zoning: B2B

Financial

Tax Information
Annual Tax Amount: $6,307
Tax Year: 2023

Utilities

Utility Information
Has Heating
Heating: Zoned, Hot Water, Forced Air
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Electric

Location

Location Information
Unparsed Address: 41 Alder Street, Portland, ME 04101

Public facts

Beds: 5
Baths: 2.0
Sq. Ft.: 2,042
Stories: 2.0
Lot Size: 3,920 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1902
Year Renovated: —
County: Cumberland County
APN: 112556

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Howard C Reiche Community School

Public PreK-5 • Assigned • 0.6mi

3/10

Deering High School

Public 9-12 • Assigned • 1.9mi

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

5/10 Heat Factor

7 days above 87° expected this year, 20 days in 30 years

6/10 Wind Factor

67% 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

$665,000 – $805,000

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New listings for sale in 04101

$1,400,000

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387 Commercial St #326, Portland, ME 04101

$1,500,000

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31 Deering St, Portland, ME 04101

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7 beds6 baths5,472 sq ft

273 State St, Portland, ME 04101

$349,000

1 bed1 bath500 sq ft

156 York St #3, Portland, ME 04101

$795,000

2 beds1.5 baths1,177 sq ft

75 St Lawrence St #1, Portland, ME 04101

$630,000

1 bed1 bath956 sq ft

99 Federal St #301, Portland, ME 04101

$595,000

2 beds1 bath920 sq ft

80 Vesper St #2, Portland, ME 04101

3D WALKTHROUGH

$875,000

2 beds2 baths1,001 sq ft

58 Cumberland Ave #1, Portland, ME 04101

$399,000

1 bed1 bath565 sq ft

10 Exchange St #307, Portland, ME 04101

Home values near 41 Alder St

Data from public records.

Address	Redfin Estimate
34 Alder Street, Portland, ME 7 Beds \| 3 Baths \| 2650 Sq. Ft.	$756,422
35 Alder Street, Portland, ME 3 Beds \| 1 Baths \| 1349 Sq. Ft.	$544,971

Address	Redfin Estimate
43 Alder Street, Portland, ME 4 Beds \| 2 Baths \| 2180 Sq. Ft.	$688,005
50 Alder Street, Portland, ME 7 Beds \| 3 Baths \| 3653 Sq. Ft.	$986,203

Address	Redfin Estimate
32 Alder Street, Portland, ME 8 Beds \| 3 Baths \| 2970 Sq. Ft.	$891,269
36 Alder Street, Portland, ME 7 Beds \| 3 Baths \| - Sq. Ft.	$862,946

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

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