SOLD DEC 4, 2025

Off Market Dec 2025 for $725K

$850,698

•

3,949

sq ft

54-56 Veranda St, Portland, ME 04101

About this home

This well maintained three unit offers an excellent opportunity for both investors and owner-occupants. One unit has been recently refreshed and is move-in ready, perfect for an owner looking to live on site while generating income from the other two units. Plenty of off street parking, a large backyard, new siding and hot water heaters, and vinyl replacement windows throughout. A solid property with strong rental potential just minutes to downtown Portland!

Multi-familyProperty Type

1905Year Built

9,583 sq ftLot Size

$215Est. Price/Sq.Ft.

5 spacesParking

Listed by Alyssa Bouthot • Portside Real Estate Group

Bought with Amanda {Mandy} Wheeler • U&R Real Estate

Redfin checked: a minute ago

•Source:MREIS #1639273

Redfin Estimate

$850,698

$126K since sold in December 2025$17K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6.6% lower than the average sale price ($911K) of 6 comparable homes.

SOLD DEC 18, 2025
$845,000
A
7 beds3 baths3,644 sq ft
593 Washington Ave, Portland, ME 04103
SOLD JUN 2, 2026
$902,000
B
8 beds3.5 baths2,960 sq ft
54 E Kidder St, Portland, ME 04103
SOLD OCT 10, 2025
$840,000
C
7 beds3 baths2,644 sq ft
700 Ocean Ave, Portland, ME 04103
SOLD OCT 27, 2025
$780,000
D
5 beds3 baths2,406 sq ft
29 E Kidder St, Portland, ME 04103
SOLD OCT 9, 2025
$734,000
E
6 beds2 baths2,520 sq ft
23 E Kidder St, Portland, ME 04103
SOLD JAN 30, 2026
$1,362,000
F
6 beds3 baths3,433 sq ft
64-66 Melbourne St, Portland, ME 04101

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Earn from this home

Sell

$227,783

Est. take-home

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Market trends in 04103, ME

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

102.4%

0.3% MoM

Median sale price

$562K

$2K MoM

Avg. days on market

12d

2 days MoM

Recently sold homes

3 MoM

New listings for sale

NEW 3 HRS AGO
$495,000
2 beds1 bath1,355 sq ft
63 Hennessy Dr, Portland, ME 04103
NEW 19 HRS AGO
$699,000
3 beds3.5 baths2,543 sq ft
50 Ridge Rd #4, Portland, ME 04103
$529,000
3 beds2 baths1,406 sq ft
63 Greenwood Ln, Portland, ME 04103
$545,000
3 beds2 baths1,530 sq ft
99 Euclid Ave, Portland, ME 04103
$695,000
3 beds2 baths1,178 sq ft
15 Walton St #3, Portland, ME 04103
LISTED BY REDFIN
$560,000
3 beds2 baths1,176 sq ft
55 Aldworth St, Portland, ME 04103
$299,000
3 beds1 bath1,121 sq ft
150-154 Murray St, Portland, ME 04103
$2,000,000
6 beds4 baths2,076 sq ft
829 Forest Ave, Portland, ME 04103
OPEN SEP 7, 11AM TO 1PM
$649,900
3 beds3 baths1,947 sq ft
33 Feeney Way #23, Portland, ME 04103
$475,000
3 beds1 bath1,072 sq ft
691 Washington Ave, Portland, ME 04103
See all

Provided by Redfin

Sale history for 54-56 Veranda St

Year

Property tax

Land + Additions

Assessment*

2024

$9,119 (+4.2%)

$68,400 + $539,100

$607,500

2023

$8,754 (+5.9%)

$68,400 + $539,100

$607,500

2022

$8,268 (+4.8%)

$68,400 + $539,100

$607,500

2021

$7,891 (+127.0%)

$68,400 + $539,100

$607,500

2020

$3,476

$68,400 + $80,700

$149,100

2019

$3,476 (+3.7%)

$68,400 + $80,700

$149,100

2018

$3,352 (+3.8%)

$68,400 + $80,700

$149,100

2017

$3,228 (+2.5%)

$68,400 + $80,700

$149,100

2016

$3,148 (+2.3%)

$68,400 + $80,700

$149,100

2015

$3,076 (+3.2%)

$68,400 + $80,700

$149,100

2014

$2,982

$68,400 + $80,700

$149,100

Tax history for 54-56 Veranda St

Year

Property tax

Land + Additions

Assessment*

2024

$9,119 (+4.2%)

$68,400 + $539,100

$607,500

2023

$8,754 (+5.9%)

$68,400 + $539,100

$607,500

2022

$8,268 (+4.8%)

$68,400 + $539,100

$607,500

2021

$7,891 (+127.0%)

$68,400 + $539,100

$607,500

2020

$3,476

$68,400 + $80,700

$149,100

2019

$3,476 (+3.7%)

$68,400 + $80,700

$149,100

2018

$3,352 (+3.8%)

$68,400 + $80,700

$149,100

2017

$3,228 (+2.5%)

$68,400 + $80,700

$149,100

2016

$3,148 (+2.3%)

$68,400 + $80,700

$149,100

2015

$3,076 (+3.2%)

$68,400 + $80,700

$149,100

2014

$2,982

$68,400 + $80,700

$149,100

*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

9,583 Sq. Ft.

Year renovated

—

Sq. Ft.

3,949

Year built

1920

Style

Multi-Family (2-4 Unit)

County

Cumberland County

APN

132352

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

Neighborhood Business District

To provide limited areas for the location of small-scale commercial establishments intended to serve a local market. Uses that are complimentary, quiet, and generally do not disturb the comfort and enjoyment of the adjoining neighborhood environment are encouraged, and should be designed for the pedestrian scale and to provide convenient access for nearby residents and workers to walk in to purchase goods and services. Buildings and uses shall be designed with attractive storefronts or similar features, with windows and doors convenient to a public sidewalk. This zone encourages mixed-use buildings, such as commercial first floor with residential uses above or combined retail/office uses in a multi-story structure. The zone also provides the opportunity for high residential density. Suitable locations for this zone may include street intersections and arterial streets with existing or proposed traditional neighborhood retail and service uses.

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: 5 - 10 Spaces, Paved, Off Street

Interior

Bathroom Information
# of Baths (Full): 3

Basement Information
Basement Entry: Interior, Full, Unfinished

Interior Features
Flooring: Wood, Carpet

Multi-Unit Information
# of Units Total: 3
# of 2 Bedroom Units: 2
# of 3 Bedroom Units: 1
Operating Expense: $20,436
Gross Income: $64,152

Unit 1 Information
# of Bedrooms: 2
Actual Rent: $1,832
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2 Information
# of Bedrooms: 2
Actual Rent: $1,364
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3 Information
# of Bedrooms: 3
Actual Rent: $2,150
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Exterior

Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Stone, Concrete Perimeter
Roof: Composition
Structure Type: Duplex
Total Building Area (Sq. Ft.): 3,949

Property Information
Year Built: 1905
Above-Grade Finished Area (Sq. Ft.): 3,949
Levels: Multi-Level

Lot Information
Lot Size (Sq. Ft.): $9,583.20
Lot Size (Acres): 0.22
Lot Size Source: Public Records
Lot Features: Open, Sidewalks, Intown, Near Turnpike/Interstate
Road Surface Type: Paved
Zoning: R5

Financial

Tax Information
Annual Tax Amount: $10,482
Tax Year: 2025

Utilities

Utility Information
Has Heating
Heating: Hot Water
Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Public
Water Heater: Gas

Location

Location Information
Unparsed Address: 54-56 Veranda Street, Portland, ME 04101
Directions: 295 to Washington Ave exit, GPS friendly to Veranda

Public facts

Beds: 9
Baths: 3.0
Sq. Ft.: 3,949
Stories: 2.0
Lot Size: 9,583 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1920
Year Renovated: —
County: Cumberland County
APN: 132352

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Presumpscot School

Public PreK-5 • Assigned • 0.2mi

5/10

Lyman Moore Middle School

Public 6-8 • Assigned • 2.3mi

4/10

Deering High School

Public 9-12 • Assigned • 2.1mi

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, 17 days in 30 years

6/10 Wind Factor

63% 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 8.4 hours in June and 4.2 hours in December, placing it below the U.S. average for solar exposure.

8.4 hrs

4.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$809,000 – $979,000

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New listings for sale in 04103

NEW 3 HRS AGO

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NEW 19 HRS AGO

$699,000

3 beds3.5 baths2,543 sq ft

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$529,000

3 beds2 baths1,406 sq ft

63 Greenwood Ln, Portland, ME 04103

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99 Euclid Ave, Portland, ME 04103

$695,000

3 beds2 baths1,178 sq ft

15 Walton St #3, Portland, ME 04103

LISTED BY REDFIN3D WALKTHROUGH

$560,000

3 beds2 baths1,176 sq ft

55 Aldworth St, Portland, ME 04103

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3 beds1 bath1,121 sq ft

150-154 Murray St, Portland, ME 04103

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6 beds4 baths2,076 sq ft

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OPEN SEP 7, 11AM TO 1PM

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Home values near 54-56 Veranda St

Data from public records.

Address	Redfin Estimate
57 Veranda St, Portland, ME 6 Beds \| 3 Baths \| 3391 Sq. Ft.	$785,889
53 Veranda St, Portland, ME 4 Beds \| 2 Baths \| 2784 Sq. Ft.	$698,216

Address	Redfin Estimate
69 Veranda St, Portland, ME 3 Beds \| 2 Baths \| 2200 Sq. Ft.	$502,095
61 Veranda St, Portland, ME 7 Beds \| 2 Baths \| 2677 Sq. Ft.	$601,548

Address	Redfin Estimate
72 Veranda St, Portland, ME 5 Beds \| 2 Baths \| 2254 Sq. Ft.	$561,645
571 Veranda St Apartment 2, Portland, ME 2 Beds \| 2 Baths \| 1256 Sq. Ft.	$503,317

Property information provided by MREIS when last listed in 2025. This data may not match . Learn more.

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