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About this home
Exceptional investment and owner-occupant opportunity in Portland's West End. This classic New Englander has undergone extensive improvements, including a new roof, siding, windows, electrical systems, heating systems, and more. Currently configured as a two-unit property, the second and third floors have been thoughtfully renovated with modern finishes, creating bright, open living spaces with abundant natural light, water views of the Fore River, and private outdoor decks. The first floor offers a blank canvas ready for your redesign, providing the potential to complete the third unit. Separate utilities for each unit add convenance and ease of management. Enjoy a private, tucked-away setting while remaining just steps from the Western Promenade, local amenities, downtown Portland, and waterfront attractions. A rare feature in an urban setting, three sides of the property abut City zoned Open Space, enhancing privacy and creating a unique sense of privacy. Minutes to the airport, train station, downtown, shopping, and more.
Valley Street, located between Congress Street and the Fore River Parkway, is a residential and light-industrial Portland neighborhood with compact blocks and working waterfront edges. The neighborhood’s character concentrates around the Valley Street–Congress Street junction, where corner storefronts, repair shops, and small studios meet steady cross-town traffic. Longfellow Square anchors the nearby streetscape, while the Portland Museum of Art and Merrill Auditorium add a cultural throughline up Congress. Housing mixes older multi-unit buildings with converted commercial spaces, giving the area a practical, lived-in texture. Side streets feel quieter, while the main corridors carry buses, bikes, and a steady rhythm of daily errands. The Fore River Trail and Western Promenade corridor frame the geography with green relief and broad views.
Provided by Walk Score and Local Logic
Offer insights
481 Danforth St · $827,000
$825K and above
75% chance or better to win
Why $825K+ is a strong offer
DAYS ON MARKET
86 days
The average home goes pending in 36 days.
SALE-TO-LIST
97.1%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Tile and wood flooring
Full, unfinished basement with interior entry
Bedrooms
Two 2-bedroom units and one 3-bedroom unit
Unit on third level: 2 bedrooms
Unit on second level: 2 bedrooms
Unit on first level: 3 bedrooms
Bathrooms
Two full baths building total
Unit breakdown: third level unit has 1 full bath; second level unit has 1 full and 1 half bath; first level unit has 1 full bath
Laundry & utility
Washer hookup available
Each unit has dedicated electric and dedicated gas meters; two units have dedicated water heaters
Flooring
Tile
Wood
Heating & cooling
Baseboard heating
Circuit breaker electric
Exterior features
Deck
Intown lot near shopping, turnpike/interstate and railroad
Sidewalks
Water view of the Fore River
Home design
Wood frame with vinyl siding
Shingle roof
3-story building
Zoned RN-2
Parking
Detached garage with 2 spaces
Paved parking with 1–4 spaces
Construction
Built in 1900
Utilities
Public water
Public sewer
Water heater off heating system
Utilities are on
Other
Total building area approximately 1,901
Property contains 3 total units (two 2-bed units, one 3-bed unit)
Electricity and solar
View estimated energy costs and solar savings for this home
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
Apr 7, 2026 • Final
Electrical
Electrical
Mar 25, 2026 • Final
Commercial/multi family (3+ units) alterations
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Historical weather
Portland, ME • 04102
Average low and high temperatures (°F)
30
17
33
16
44
29
53
37
63
48
75
58
80
64
78
59
72
54
61
44
50
34
35
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 481 Danforth St
$793,115
$34K under list price of $827K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $675K to $1.1M.