Realize your home ownership dreams! Each of the 4 interior spacious townhouse units in this new to-be-built building offers 2 bedrooms, 1.5 bathrooms and a parking spot in a comfortable 818 sq ft. home. Each unit will have their own raised garden bed, shed, and deck. Each parking spot will be EV ready - with the conduit running from parking lot to each individual electrical panel. Same with solar - the conduit running from roof to each unit. These newly built homes will stay cozily warm -and cool - via the efficient heat pumps. Located near the Washington Avenue businesses as well as the Portland Peninsula, these units will be close to everything! Baxter Boulevard and Payson park are within easy reach and you'll have easy access to I295. These Income Qualified Workforce Homes could be your door to the world of owning your own home! The Front Street Condominium Association is phase 3 of the Portland Housing Authority's award winning development of this special neighborhood. These brand new high quality condominium homes are being built to create new home-ownership opportunities in the city. 8 units total, of which 2 are market rate and 6 being income restricted. Buyers will fill out a form to validate eligibility based on household size. Must be at or under 120percent of of Median Area Income. Completed Applications will be considered on a first come first served basis.
CondoProperty Type
2025Year Built
0.41 acresLot Size
$365Price/Sq.Ft.
$450/moHOA Dues
1 spaceParking
Listed by Edmund {Ed} Gardner III• Gardner Real Estate Group
East Deering, located between Back Cove and Casco Bay, is a residential and waterfront Portland neighborhood with working-harbor edges and pocket parks. The neighborhood’s character concentrates around the Veranda Street corridor near Payson Park, where corner markets, takeout counters, and everyday errands set a steady, local rhythm. Community touchstones include the historic Tate House Museum, the Portland Yacht Club, and the Portland Trails network threading along the water. Housing ranges from compact capes and mid-century ranches to newer infill, often on quiet, tree-lined blocks. Shoreline views and salt-air breezes shape daily routines, while trail connections link to the peninsula and beyond.
Provided by Walk Score and Local Logic
Market insights
41 W Presumpscot St Unit D · $298,500
DAYS ON MARKET
42 days
The average home goes pending in 54 days.
SALE-TO-LIST
99.3%
Most homes are selling 1% below list price.
LIST PRICE
$298,500
Median sale price in this area is $511,489. (71% higher than this home)
PRICE DROP
0 price drops
19% of homes in this area have had a price drop in the past month.
Property details
Parking
Parking Information
Parking Features: Common, Paved, 1 - 4 Spaces
Interior
Virtual Tour
Bathroom Information
# of Baths (1/2): 1
# of Baths (Full): 1
Room 1 Information
Type: Living Room
Level: First
Room 2 Information
Type: Kitchen
Level: First
Room 3 Information
Type: Bedroom 1
Level: Second
Room 4 Information
Type: Dining Room
Level: First
Room 5 Information
Type: Bedroom 2
Level: Second
Basement Information
Basement Entry: Interior Entry, Crawl Space
Interior Features
# of Rooms: 5
Interior Features: Other
Furnished: Unfurnished
Dishwasher, Electric Range, Refrigerator
Flooring: Carpet, Bamboo, Luxury Vinyl
Laundry Information
Laundry Features: Upper Level
Exterior
Building Information
# of Buildings: 2
Construction Materials: Wood Frame, Composition, Vinyl Siding
Roof: Shingle
Structure Type: Townhouse
Total Building Area (Sq. Ft.): 818
Building Area Source: Seller
Exterior Features
Patio & Porch Features: Deck
Property Information
Property Sub Type: Condominium
Year Built: 2025
Above-Grade Finished Area (Sq. Ft.): 818
Levels: Multi-Level
Lot Information
Lot Size (Sq. Ft.): $17,859.60
Lot Size (Acres): 0.41
Lot Size Source: Seller
Lot Features: Near Turnpike/Interstate, Neighborhood, Level
Road Surface Type: Paved
Zoning: RN3
Financial
Tax Information
Annual Tax Amount: $5,270
Tax Year: 2026
Utilities
Utility Information
Has Heating
Heating: Heat Pump
Has Cooling
Cooling: Heat Pump
Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Private
Water Heater: Heat Pump
Electricity and solar
View estimated energy costs and solar savings for this home