OFF MARKET

Off Market Oct 2021 for $465K

$620,427

•

2,693

sq ft

589 Riverside St, Portland, ME 04103

About this home

Multi-familyProperty Type

1900Year Built

10,018 sq ftLot Size

$230Est. Price/Sq.Ft.

2 garage spacesParking

Listed by Chelsea Freeman • EXP Realty

Bought with Michael Hamilton • Keller Williams Realty

Redfin checked: a minute ago

•Source:MREIS #1499570

Redfin Estimate

$620,427

$155K since sold in October 2021$21K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 35.7% lower than the average sale price ($965K) of 6 comparable homes.

SOLD JUN 18, 2026
$1,210,000
A
4 beds2 baths2,488 sq ft
3 Leeman St, Portland, ME 04103
SOLD JUN 26, 2026
$1,335,000
B
5 beds3 baths3,579 sq ft
76 Beacon St, Portland, ME 04103
SOLD APR 17, 2026
$885,000
C
4 beds2.5 baths2,843 sq ft
534 Stevens Ave, Portland, ME 04103
SOLD AUG 3, 2026
$585,000
D
4 beds1.5 baths1,536 sq ft
13 Hicks St, Portland, ME 04103
SOLD JUL 24, 2026
$1,150,000
E
3 beds2 baths2,409 sq ft
142 Longfellow St, Portland, ME 04103
SOLD MAY 27, 2026
$625,000
F
4 beds1.5 baths2,628 sq ft
46 Birchvale Dr, Portland, ME 04102

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Earn from this home

Sell

$245,730

Est. take-home

List your home with Redfin and save $6,204

Market trends in 04103, ME

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

102.7%

+1.3% MoM

Median sale price

$560K

$32K MoM

Avg. days on market

15d

18 days MoM

Recently sold homes

32 MoM

New listings for sale

$895,000
4 beds2.5 baths2,370 sq ft
138 Hartley St, Portland, ME 04103
$359,900
2 beds1.5 baths1,123 sq ft
1326 Forest Ave #12, Portland, ME 04103
$699,000
4 beds2 baths2,184 sq ft
436 Woodford St, Portland, ME 04103
OPEN AUG 31, 4PM TO 6PM
$369,000
2 beds1.5 baths1,854 sq ft
423 Allen Ave, Portland, ME 04103
$775,000
4 beds1.5 baths1,354 sq ft
27 Berkeley St, Portland, ME 04103
$699,999
4 beds3.5 baths2,518 sq ft
64 Tarbell Ave, Portland, ME 04103
$469,900
3 beds2 baths1,035 sq ft
566 Washington Ave, Portland, ME 04103
$349,000
2 beds1.5 baths1,125 sq ft
99 Northwood Dr #99, Portland, ME 04103
$525,000
3 beds2 baths2,035 sq ft
21 Belfort St, Portland, ME 04103
$1,500,000
4 beds3 baths3,971 sq ft
103 Read St, Portland, ME 04103
See all

Provided by Redfin

Sale history for 589 Riverside St

Date

Event

Price

MREIS #1499570

Oct 18, 2021

Sold

$465,000

$173/sq ft

Jul 7, 2021

Listed

$495,000

$184/sq ft

MREIS #1432236

Nov 15, 2019

Sold

$381,500

$142/sq ft

Sep 8, 2019

Listed

$389,000

$144/sq ft

+41

Excellent commercial opportunity in IM Zone! Nice open lot with super traffic count. Charming freestanding 2 Unit with one 2 Bedroom Unit and one 3 Bedroom Unit. Both units have private back decks. Detached 1 Car garage has a 2nd flr. Office Unit heated with a Rinnai. Great parking area, amazing exposure. Loads of possibilities for existing structure or lot only. Rare reasonable site to house your business! Permitted uses include Building Contractors, Construction & Engineering Business, Marijuana Manufacturing Facility and Daycare use. Amazing busy business friendly Portland location. Buyers are encouraged to check with the Portland's Code office for legal use.

Year

Property tax

Land + Additions

Assessment*

2024

$6,969 (+4.2%)

$65,500 + $398,800

$464,300

2023

$6,691 (+5.9%)

$65,500 + $398,800

$464,300

2022

$6,319 (+4.8%)

$65,500 + $398,800

$464,300

2021

$6,031 (+8.8%)

$65,500 + $398,800

$464,300

2020

$5,541

$65,500 + $172,200

$237,700

2019

$5,541 (+3.7%)

$65,500 + $172,200

$237,700

2018

$5,343 (+3.8%)

$65,500 + $172,200

$237,700

2017

$5,146 (+2.6%)

$65,500 + $172,200

$237,700

2016

$5,018 (+2.3%)

$65,500 + $172,200

$237,700

2015

$4,904 (+3.2%)

$65,500 + $172,200

$237,700

2014

$4,754

$65,500 + $172,200

$237,700

Tax history for 589 Riverside St

Year

Property tax

Land + Additions

Assessment*

2024

$6,969 (+4.2%)

$65,500 + $398,800

$464,300

2023

$6,691 (+5.9%)

$65,500 + $398,800

$464,300

2022

$6,319 (+4.8%)

$65,500 + $398,800

$464,300

2021

$6,031 (+8.8%)

$65,500 + $398,800

$464,300

2020

$5,541

$65,500 + $172,200

$237,700

2019

$5,541 (+3.7%)

$65,500 + $172,200

$237,700

2018

$5,343 (+3.8%)

$65,500 + $172,200

$237,700

2017

$5,146 (+2.6%)

$65,500 + $172,200

$237,700

2016

$5,018 (+2.3%)

$65,500 + $172,200

$237,700

2015

$4,904 (+3.2%)

$65,500 + $172,200

$237,700

2014

$4,754

$65,500 + $172,200

$237,700

*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

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

10,019 Sq. Ft.

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Cumberland County

APN

127466

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

Moderate Impact Zone

To provide zones in areas of the city in which low- and moderate-impact industries and transportation-related uses will coexist. I-M zones are located on arterials or collectors. The I-Mb zone is typically located on the peninsula. These locations provide for direct access onto arterials, thereby protecting residential neighborhoods from drive-through traffic. The purpose of the I-M and I-Mb industrial zones is also to provide for larger industrial buildings and for the limited or controlled use of areas outside of structures for storage of materials and machinery. These facilities often require large volumes of imported materials and products which result in large volumes of shipping and receiving. Often uses may be highway-oriented and transportation-related, thus relying on citywide and regional transportation infrastructure. Industrial uses in these moderate-impact industrial zones may require separation from higher-impact uses.

Permitted uses

Include but are not limited to:

Gas station
Day care facility
Industrial
Manufacturing
Processing
Self-Storage / mini-Storage
Warehouse
Infrastructure
Office
Research & development

Property details

Parking

Parking Information
Has Garage
# of Garage Spaces: 2
Parking Features: 5 - 10 Spaces, Paved, On Site, Detached
Vehicle Storage: 1 Car, Detached

Interior

Bathroom Information
# of Baths (Full): 3

Basement Information
Basement Entry: Walk-Out Access, Full, Doghouse, Unfinished

Interior Features
Interior Features: 1st Floor Bedroom, Bathtub, Shower
Flooring: Wood, Laminate, Carpet

Exterior

Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Stone
Roof: Composition, Shingle
Total Stories: 3
Total Building Area (Sq. Ft.): 2,693

Exterior Features
Patio & Porch Features: Deck, Porch

Property Information
Year Built: 1900
Above-Grade Finished Area (Sq. Ft.): 2,693
Levels: Multi-Level

Lot Information
Lot Size (Sq. Ft.): $10,018.80
Lot Size (Acres): 0.23
Lot Size Source: Public Records
Lot Features: Level, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Suburban
Road Surface Type: Paved
Zoning: IM

Subdivision Information
Subdivision Name: None

Financial

Tax Information
Annual Tax Amount: $5,541
Tax Year: 2020

Utilities

Utility Information
Has Heating
Heating: Zoned, Forced Air, Hot Air
Has Cooling
Cooling: Central Air
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Electric

Location

Multi-Unit Information
# of Units Total: 3
# of 1 Bedroom Units: 1
# of 2 Bedroom Units: 1
# of 3 Bedroom Units: 1
Operating Expense: $13,700
Gross Income: $39,000

Unit 1 Information
# of Bedrooms: 3
Actual Rent: $1,300
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2 Information
# of Bedrooms: 2
Actual Rent: $950
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3 Information
# of Bedrooms: 1
Actual Rent: $1,000
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes

Location Information
Unparsed Address: 589 Riverside Street, Portland, ME 04103
Directions: From Forest Ave, West: Turn Left onto Riverside Street Property will be on the Left

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 10,019 square feet
Style: Other
Year Built: —
Year Renovated: —
County: Cumberland County
APN: 127466

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Gerald E Talbot Community School

Public PreK-5 • Assigned • 0.8mi

3/10

Lincoln Middle School

Public 6-8 • Assigned • 2.0mi

6/10

Casco Bay High School

Public 9-12 • Assigned • 1.5mi

5/10

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 89° expected this year, 17 days in 30 years

6/10 Wind Factor

58% 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$590,000 – $714,000

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Nearby similar homes

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New listings for sale in 04103

$895,000

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138 Hartley St, Portland, ME 04103

$359,900

2 beds1.5 baths1,123 sq ft

1326 Forest Ave #12, Portland, ME 04103

$699,000

4 beds2 baths2,184 sq ft

436 Woodford St, Portland, ME 04103

OPEN AUG 31, 4PM TO 6PM

$369,000

2 beds1.5 baths1,854 sq ft

423 Allen Ave, Portland, ME 04103

$775,000

4 beds1.5 baths1,354 sq ft

27 Berkeley St, Portland, ME 04103

$699,999

4 beds3.5 baths2,518 sq ft

64 Tarbell Ave, Portland, ME 04103

$469,900

3 beds2 baths1,035 sq ft

566 Washington Ave, Portland, ME 04103

$349,000

2 beds1.5 baths1,125 sq ft

99 Northwood Dr #99, Portland, ME 04103

$525,000

3 beds2 baths2,035 sq ft

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Home values near 589 Riverside St

Data from public records.

Address	Redfin Estimate
660 Riverside Street, Portland, ME 2 Beds \| 1 Baths \| 690 Sq. Ft.	$353,786
639 Riverside Street, Portland, ME 3 Beds \| 2 Baths \| 1362 Sq. Ft.	$420,193

Address	Redfin Estimate
625 Riverside Street, Portland, ME 3 Beds \| 1 Baths \| 941 Sq. Ft.	$419,526
537 Riverside Street, Portland, ME 3 Beds \| 2 Baths \| 1359 Sq. Ft.	$483,582

Address	Redfin Estimate
525 Riverside Street, Portland, ME 4 Beds \| 1 Baths \| 1553 Sq. Ft.	$442,078
619 Riverside Street, Portland, ME 2 Beds \| 1 Baths \| 1176 Sq. Ft.	$417,942

Property information provided by MREIS when last listed in 2021. This data may not match . Learn more.

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