This well-maintained three-unit property offers a rare investment opportunity in Portland's desirable, walkable East Deering neighborhood. It includes two spacious 3-bedroom units and one 2-bedroom unit, with strong rental income. Located near Payson Park, Back Cove, and the Roux Institute, the property benefits from high demand. A standout feature is the large private backyard--an uncommon perk for multi-family living. The property also includes a buildable lot, offering potential for expansion or added income. With a solid rental history and low maintenance, it's a turnkey option for investors or owner-occupants. Opportunities like this are rare--don't miss out.
A rare find - Great owner occupied 3-unit. First and 2nd floors feature living room, dining room , 3 bedrooms and 1 bath. Third floor features a kitchen, living room, 2 bedrooms, and 1 bath. Easy commute to downtown Portland, short walk to Baxter Boulevard and Payson Park. Additional land available, see Broker for more details.
Year
Property tax
Land + Additions
Assessment*
2024
$8,647 (+4.2%)
$62,800 + $513,300
$576,100
2023
$8,302 (+5.9%)
$62,800 + $513,300
$576,100
2022
$7,841 (+4.8%)
$62,800 + $513,300
$576,100
2021
$7,484 (+33.1%)
$62,800 + $513,300
$576,100
2020
$5,622
$62,800 + $178,400
$241,200
2019
$5,622 (+3.7%)
$62,800 + $178,400
$241,200
2018
$5,422 (+3.8%)
$62,800 + $178,400
$241,200
2017
$5,222 (+2.6%)
$62,800 + $178,400
$241,200
2016
$5,092 (+2.3%)
$62,800 + $178,400
$241,200
2015
$4,976 (+3.2%)
$62,800 + $178,400
$241,200
2014
$4,824
$62,800 + $178,400
$241,200
Public record
Public record
Zoning
Permits
Beds
6
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
—
Sq. Ft.
3,379
Year built
1901
Style
Multi-Family (2-4 Unit)
County
Cumberland County
APN
121811
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
R5
Residential
To provide appropriate areas of the city for medium-density residential development characterized by singlefamily, two-family and low-intensity multifamily dwellings on individual lots; to ensure the stability of established medium-density neighborhoods by controlling residential conversions; and to provide for planned residential unit development on substantially-sized parcels.
Feb 19, 2023 • Final
Electrical
Inspect existing electrical services to allow the utility company to install a meter.
Electrical
Electric meter
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.
Construction Materials: Wood Frame, Clapboard, Vinyl Siding
Foundation Details: Stone, Brick/Mortar
Roof: Fiberglass, Pitched, Shingle
Total Stories: 3
Total Building Area (Sq. Ft.): 2,960
Exterior Features
Patio & Porch Features: Porch
Property Information
New Construction: Yes
Year Built: 1901
Above-Grade Finished Area (Sq. Ft.): 2,960
Levels: Multi-Level
Property Condition: New Construction
Lot Information
Lot Size (Sq. Ft.): $4,791.60
Lot Size (Acres): 0.11
Lot Size Source: Public Records
Lot Features: Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Suburban, Level, Sidewalks, Wooded, Near Public Transit
Road Surface Type: Paved
Zoning: R-5
Financial
Tax Information
Annual Tax Amount: $8,647
Tax Year: 2024
Utilities
Utility Information
Has Heating
Heating: Baseboard, Forced Air, Hot Water, Zoned, Radiator
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Gas, Tank
Location
HOA Information
Pets Allowed: No Restrictions
School Information
High School District: Portland Public Schools
Location Information
Unparsed Address: 54 E Kidder Street, Portland, ME 04103
Directions: GPS Friendly
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 3,379
Stories: 3.0
Lot Size: 4,792 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1901
Year Renovated: —
County: Cumberland County
APN: 121811
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Presumpscot School
Public PreK-5 • Assigned • 0.3mi
5/10
Lyman Moore Middle School
Public 6-8 • Assigned • 1.8mi
4/10
Casco Bay High School
Public 9-12 • Assigned • 1.7mi
5/10
Provided by GreatSchools
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, 17 days in 30 years
6/10 Wind Factor
61% 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 • 04103
Average low and high temperatures (°F)
30°
16°
33°
15°
44°
28°
53°
37°
64°
48°
76°
57°
81°
63°
78°
58°
72°
54°
62°
44°
49°
33°
35°
20°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$894,000 – $1.08M
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