Off market jul 2024 for $1.3M

$1,332,735

•

4,080

sq ft

42 Vesper St, Portland, ME 04101

About this home

Located on Portland's Munjoy Hill, this classic triple-decker is ready for you. Completely rebuilt in 1985, it boasts modern electrical systems, plumbing, insulation, updated mechanicals. Each unit features 2 bedrooms, 1 bathroom, an eat-in kitchen, and a spacious living area. Shared laundry in the basement, parking, and shared yard. With nearby restaurants, coffee shops, the Eastern Promenade, and East End beach, you'll always have something to do. This is a great investment property, or turn the top floor into an owners suite with ocean views!

Multi-familyProperty Type

1903Year Built

3,049 sq ftLot Size

$327Est. Price/Sq.Ft.

1 spaceParking

Listed by Alessandra Malone • Waypoint Brokers Collective

Contact: ali@waypointbrokers.com

Bought with Jessica {Jes} Wallimann • Vitalius Real Estate Group, LLC

Redfin checked: 2 minutes ago

•Source:MREIS #1597892

Redfin Estimate

$1,332,735

$27K since sold in July 2024$17K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 19.8% higher than the average sale price ($1.11M) of 6 comparable homes.

SOLD MAY 26, 2026
$1,350,000
A
5 beds3 baths2,861 sq ft
12 Smith St, Portland, ME 04101
SOLD MAY 8, 2026
$1,025,000
B
4 beds3 baths2,215 sq ft
25 Howard St, Portland, ME 04101
SOLD SEP 8, 2026
$1,650,000
C
6 beds2.5 baths3,510 sq ft
38 Neal St, Portland, ME 04102
SOLD JUN 22, 2026
$702,000
D
6 beds3 baths2,994 sq ft
611 Forest Ave, Portland, ME 04101
SOLD AUG 26, 2026
$990,000
E
5 beds3.5 baths2,733 sq ft
259 Spring St, Portland, ME 04102
SOLD OCT 30, 2025
$960,000
F
5 beds3 baths2,698 sq ft
63 Vesper St, Portland, ME 04101

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Earn from this home

Sell

$211,151

Est. take-home

List your home with Redfin and save $13,327

Market trends in 04101, ME

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

97.7%

0.3% MoM

Median sale price

$700K

$25K MoM

Avg. days on market

62d

25 days MoM

Recently sold homes

4 MoM

New listings for sale

NEW 12 HRS AGO
$375,000
1 bed1 bath623 sq ft
15 Middle St #305, Portland, ME 04101
OPEN SAT, 10AM TO 11:30AM
$595,000
3 beds2 baths1,382 sq ft
13 Atlantic St #1, Portland, ME 04101
$725,000
2 beds1 bath990 sq ft
45 Cumberland Ave #5, Portland, ME 04101
$1,300,000
5 beds4 baths4,798 sq ft
332 Fore St, Portland, ME 04101
$575,000
2 beds2 baths919 sq ft
75 Chestnut St #307, Portland, ME 04101
$398,000
1 bed1 bath651 sq ft
48 State St #2, Portland, ME 04101
See all

Provided by Redfin

Sale history for 42 Vesper St

Date

Event

Price

MREIS #1597892

Jul 23, 2024

Listed

$1,360,000

$333/sq ft

Jul 22, 2024

Sold

$1,360,000

$333/sq ft

MREIS #1498129

Sep 17, 2021

Sold

$1,180,000

$289/sq ft

Jun 25, 2021

Listed

$1,200,000

$294/sq ft

+54

Opportunities like this don't come around often. Tucked into a beautiful tree lined street on Portland's Munjoy Hill, this classic triple decker is turnkey in every sense of the word. Completely rebuilt in 1985, the building enjoys modern electrical, plumbing, insulation, updated mechanicals, a meticulous exterior, replacement windows, and the list goes on. Each unit is approximately 1300 square feet in size and offers a 2 bedroom, 1 bathroom layout, with an eat-in kitchen and a huge living area. Onsite laundry, parking, and a charming backyard garden add to the easy living and quality of life. If you have been searching for a real neighborhood experience you will find it here. With access to amazing restaurants, coffee shops, the Eastern Promenade, and East End beach, you will never be at a loss for things to explore. Whether you are an owner occupant looking for your place on the hill or an investor looking for a condo conversion, 42 Vesper is equally suited for both.

MREIS #1259941

Jun 30, 2016

Sold

$735,000

$180/sq ft

May 9, 2016

Price Changed

$735,000

$180/sq ft

Apr 21, 2016

Listed

$795,000

$195/sq ft

+30

Unbelievable opportunity to own in the desirable East End just 9 properties from the Eastern Promenade. Extremely well maintained building with All major work completed including newer roof, siding, windows and natural gas separate high efficiency veissman heat systems. This building was completely rebuilt in 1985 and is a truly turn key investment property. Rent significantly below market. Possible condo conversion or ideal owner occupied building. off street parking. This one has it all. Be first!

Year

Property tax

Land + Additions

Assessment*

2024

$13,453 (+4.2%)

$381,600 + $514,700

$896,300

2023

$12,916 (+5.9%)

$381,600 + $514,700

$896,300

2022

$12,199 (+4.8%)

$381,600 + $514,700

$896,300

2021

$11,643 (+38.8%)

$381,600 + $514,700

$896,300

2020

$8,389

$156,300 + $203,600

$359,900

2019

$8,389 (+3.7%)

$156,300 + $203,600

$359,900

2018

$8,091 (+3.8%)

$156,300 + $203,600

$359,900

2017

$7,792 (+2.6%)

$156,300 + $203,600

$359,900

2016

$7,597 (+2.3%)

$156,300 + $203,600

$359,900

2015

$7,425 (+3.2%)

$156,300 + $203,600

$359,900

2014

$7,198

$156,300 + $203,600

$359,900

Tax history for 42 Vesper St

Year

Property tax

Land + Additions

Assessment*

2024

$13,453 (+4.2%)

$381,600 + $514,700

$896,300

2023

$12,916 (+5.9%)

$381,600 + $514,700

$896,300

2022

$12,199 (+4.8%)

$381,600 + $514,700

$896,300

2021

$11,643 (+38.8%)

$381,600 + $514,700

$896,300

2020

$8,389

$156,300 + $203,600

$359,900

2019

$8,389 (+3.7%)

$156,300 + $203,600

$359,900

2018

$8,091 (+3.8%)

$156,300 + $203,600

$359,900

2017

$7,792 (+2.6%)

$156,300 + $203,600

$359,900

2016

$7,597 (+2.3%)

$156,300 + $203,600

$359,900

2015

$7,425 (+3.2%)

$156,300 + $203,600

$359,900

2014

$7,198

$156,300 + $203,600

$359,900

*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
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

3,049 Sq. Ft.

Year renovated

—

Sq. Ft.

4,080

Year built

1903

Style

Multi-Family (2-4 Unit)

County

Cumberland County

APN

110368

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

Residential

To set aside areas on the peninsula for housing characterized primarily by multi-family dwellings at a high density providing a wide range of housing for differing types of households; to conserve the existing housing stock and residential character of neighborhoods by controlling the scale and external impacts of professional offices and other nonresidential uses; and to encourage new housing development consistent with the compact lot development pattern typically found on the peninsula.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Other
Bed & breakfast
Lodging & hospitality-Other
Cemetery
Park & open space

Property details

Parking

Parking Information
Parking Features: 1 - 4 Spaces, Paved, Off Street

Interior

Bathroom Information
# of Baths (Full): 3

Basement Information
Basement Entry: Interior, Bulkhead, Finished, Unfinished

Interior Features
Flooring: Wood, Vinyl, Carpet

Multi-Unit Information
# of Units Total: 3
# of 2 Bedroom Units: 3
Operating Expense: $13,000
Gross Income: $888,000

Unit 1 Information
# of Bedrooms: 2
Actual Rent: $2,400
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2 Information
# of Bedrooms: 2
Actual Rent: $2,700
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Level: Third
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3 Information
# of Bedrooms: 2
Actual Rent: $2,300
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Exterior

Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Stone, Brick/Mortar
Roof: Membrane
Total Stories: 3
Total Building Area (Sq. Ft.): 4,080

Exterior Features
Patio & Porch Features: Deck

Property Information
Year Built: 1903
Above-Grade Finished Area (Sq. Ft.): 4,080
Levels: Multi-Level

Lot Information
Lot Size (Sq. Ft.): $3,049.20
Lot Size (Acres): 0.07
Lot Size Source: Public Records
Lot Features: Level, Sidewalks, Intown, Near Shopping, Near Public Transit
Road Surface Type: Paved
Zoning: 3

Subdivision Information
Subdivision Name: East End/Munjoy Hill

Financial

Tax Information
Annual Tax Amount: $12,916
Tax Year: 2023

Utilities

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

Location

Location Information
Unparsed Address: 42 Vesper Street, Portland, ME 04101

Public facts

Beds: 6
Baths: 3.0
Sq. Ft.: 4,080
Stories: 3.0
Lot Size: 3,049 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1903
Year Renovated: —
County: Cumberland County
APN: 110368

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

East End Community School

Public PreK-5 • Assigned • 0.7mi

2/10

Lyman Moore Middle School

Public 6-8 • Assigned • 3.6mi

4/10

Deering High School

Public 9-12 • Assigned • 2.7mi

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

6/10 Wind Factor

67% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 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

$1.27M – $1.53M

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New listings for sale in 04101

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OPEN SAT, 10AM TO 11:30AM

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Home values near 42 Vesper St

Data from public records.

Address	Redfin Estimate
47 Vesper St, Portland, ME 4 Beds \| 2 Baths \| 2198 Sq. Ft.	$894,438
36 Vesper St, Portland, ME 7 Beds \| 3 Baths \| 3102 Sq. Ft.	$1,069,968

Address	Redfin Estimate
41 Vesper St, Portland, ME 5 Beds \| 3 Baths \| 3375 Sq. Ft.	$1,072,868
50 Vesper St, Portland, ME 5 Beds \| 3.5 Baths \| 3776 Sq. Ft.	$1,364,391

Address	Redfin Estimate
46 Vesper St, Portland, ME 8 Beds \| 3 Baths \| 4356 Sq. Ft.	$1,177,947
38 Vesper St, Portland, ME 6 Beds \| 3 Baths \| 3783 Sq. Ft.	$1,053,511

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

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