OFF MARKET

Off Market Oct 2023 for $575K

$806,069

•

3,222

sq ft

87 Gray St, Portland, ME 04102

About this home

Don't miss the chance to bring your vision to life with this 3-unit in Portland's West End. This property needs some attention but has immense potential for someone with the vision, capacity, and appreciation of the good bones at the heart of this early 1900's Mansard. Units 1 and 2 are currently occupied and serviceable. Unit 3 will need a nearly full renovation. The potential to restore this Portland classic into a beautiful home, apartments or condos will be obvious. 87 Gray Street boasts a brand-new roof and enjoys a highly coveted location in Portland's West End, a vibrant and welcoming community known for its tree-lined streets and plenty of green space. Explore the nearby Western Promenade, offering stunning views of Casco Bay, or take a leisurely stroll to downtown Portland, where you can immerse yourself in the city's rich history and waterfront charm.

Multi-familyProperty Type

1894Year Built

1,742 sq ftLot Size

$250Est. Price/Sq.Ft.

1 spaceParking

Listed by Briton Vitalius • Vitalius Real Estate Group, LLC

Listed by Elise Loschiavo • Vitalius Real Estate Group, LLC

Bought with Briton Vitalius • Vitalius Real Estate Group, LLC

Bought with Elise Loschiavo • Vitalius Real Estate Group, LLC

Redfin checked: 3 minutes ago

•Source:MREIS #1562851

Redfin Estimate

$806,069

$231K since sold in October 2023$33K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 18.8% lower than the average sale price ($993K) of 6 comparable homes.

SOLD AUG 26, 2026
$990,000
A
5 beds3.5 baths2,733 sq ft
259 Spring St, Portland, ME 04102
SOLD SEP 8, 2026
$1,650,000
B
6 beds2.5 baths3,510 sq ft
38 Neal St, Portland, ME 04102
SOLD JUN 26, 2026
$815,000
C
7 beds3 baths3,136 sq ft
33 Payson St, Portland, ME 04102
SOLD MAY 26, 2026
$850,000
D
9 beds3 baths3,200 sq ft
95 Gray St, Portland, ME 04102
SOLD NOV 26, 2025
$950,000
E
6 beds3 baths2,574 sq ft
12 May St, Portland, ME 04102
SOLD AUG 31, 2026
$700,000
F
4 beds3 baths3,056 sq ft
14 Boynton St, Portland, ME 04102

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Earn from this home

Sell

$322,716

Est. take-home

List your home with Redfin and save $8,061

Market trends in 04102, ME

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.4%

1.8% MoM

Median sale price

$552K

$93K MoM

Avg. days on market

37d

8 days MoM

Recently sold homes

0 MoM

New listings for sale

NEW 23 HRS AGO
$700,000
3 beds2 baths1,986 sq ft
99 Washburn Ave, Portland, ME 04102
OPEN SUN, 12PM TO 2PM
$1,395,000
3 beds2 baths3,136 sq ft
187 Vaughan St #2, Portland, ME 04102
$399,000
2 beds1 bath828 sq ft
175 Pine St Unit 1J, Portland, ME 04102
$740,000
1 bed1.5 baths941 sq ft
120 West St #5, Portland, ME 04102
$1,295,000
6 beds6.5 baths2,703 sq ft
15 Pine St, Portland, ME 04102
OPEN SUN, 2PM TO 3:30PM
$555,000
3 beds1.5 baths1,936 sq ft
112 Dennett St, Portland, ME 04102
$949,000
3 beds1.5 baths1,861 sq ft
25 Summer St, Portland, ME 04102
OPEN SUN, 10AM TO 12PM
$595,000
3 beds1.5 baths1,463 sq ft
172 Bradley St, Portland, ME 04102
$335,000
2 beds1 bath756 sq ft
260 Park Ave #4, Portland, ME 04102
$439,000
3 beds1.5 baths1,010 sq ft
44 Lassell St, Portland, ME 04102
See all

Provided by Redfin

Sale history for 87 Gray St

Year

Property tax

Land + Additions

Assessment*

2024

$7,972 (−13.3%)

$264,300 + $266,800

$531,100

2023

$9,191 (+5.9%)

$264,300 + $373,500

$637,800

2022

$8,680 (+4.8%)

$264,300 + $373,500

$637,800

2021

$8,285 (+26.4%)

$264,300 + $373,500

$637,800

2020

$6,552

$106,700 + $174,400

$281,100

2019

$6,552 (+3.7%)

$106,700 + $174,400

$281,100

2018

$6,319 (+3.8%)

$106,700 + $174,400

$281,100

2017

$6,086 (+2.6%)

$106,700 + $174,400

$281,100

2016

$5,934 (+2.3%)

$106,700 + $174,400

$281,100

2015

$5,799 (+3.1%)

$106,700 + $174,400

$281,100

2014

$5,622

$106,700 + $174,400

$281,100

Tax history for 87 Gray St

Year

Property tax

Land + Additions

Assessment*

2024

$7,972 (−13.3%)

$264,300 + $266,800

$531,100

2023

$9,191 (+5.9%)

$264,300 + $373,500

$637,800

2022

$8,680 (+4.8%)

$264,300 + $373,500

$637,800

2021

$8,285 (+26.4%)

$264,300 + $373,500

$637,800

2020

$6,552

$106,700 + $174,400

$281,100

2019

$6,552 (+3.7%)

$106,700 + $174,400

$281,100

2018

$6,319 (+3.8%)

$106,700 + $174,400

$281,100

2017

$6,086 (+2.6%)

$106,700 + $174,400

$281,100

2016

$5,934 (+2.3%)

$106,700 + $174,400

$281,100

2015

$5,799 (+3.1%)

$106,700 + $174,400

$281,100

2014

$5,622

$106,700 + $174,400

$281,100

*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

1,742 Sq. Ft.

Year renovated

—

Sq. Ft.

3,222

Year built

1894

Style

Multi-Family (2-4 Unit)

County

Cumberland County

APN

114756

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

Interior

Bathroom Information
# of Baths (Full): 3

Basement Information
Basement Entry: Interior, Full, Unfinished

Interior Features
Flooring: Wood, Vinyl

Multi-Unit Information
# of Units Total: 3
# of 2 Bedroom Units: 3
Gross Income: $28,800

Unit 1 Information
# of Bedrooms: 2
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Level: Third
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2 Information
# of Bedrooms: 2
Actual Rent: $1,200
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3 Information
# of Bedrooms: 2
Actual Rent: $1,200
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes

Exterior

Building Information
Construction Materials: Asbestos, Wood Frame
Roof: Pitched, Shingle
Total Stories: 3
Total Building Area (Sq. Ft.): 3,222

Property Information
Year Built: 1894
Above-Grade Finished Area (Sq. Ft.): 3,222
Levels: Multi-Level

Lot Information
Lot Size (Sq. Ft.): $1,742.40
Lot Size (Acres): 0.04
Lot Size Source: Public Records
Lot Features: Level, Sidewalks, Historic District, Intown, Near Shopping, Neighborhood
Road Surface Type: Paved
Zoning: R6 & Historic

Financial

Tax Information
Annual Tax Amount: $8,680
Tax Year: 2023

Utilities

Utility Information
Has Heating
Heating: Steam, Radiator, Other Heat System
Electric: Fuses
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Gas

Location

Location Information
Unparsed Address: 87 Gray Street, Portland, ME 04102
Directions: Make a right onto Gray Street from Spring Street. 87 Gray is a few blocks down on the right.

Public facts

Beds: 5
Baths: 3.0
Sq. Ft.: 3,222
Stories: 3.0
Lot Size: 1,742 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1894
Year Renovated: —
County: Cumberland County
APN: 114756

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Howard C Reiche Community School

Public PreK-5 • Assigned • 0.1mi

3/10

Deering High School

Public 9-12 • Assigned • 2.2mi

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 86° expected this year, 18 days in 30 years

6/10 Wind Factor

64% 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 • 04102

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

$766,000 – $927,000

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Nearby similar homes

NEW 23 HRS AGO

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New listings for sale in 04102

NEW 23 HRS AGO

$700,000

3 beds2 baths1,986 sq ft

99 Washburn Ave, Portland, ME 04102

OPEN SUN, 12PM TO 2PM

$1,395,000

3 beds2 baths3,136 sq ft

187 Vaughan St #2, Portland, ME 04102

$399,000

2 beds1 bath828 sq ft

175 Pine St Unit 1J, Portland, ME 04102

$740,000

1 bed1.5 baths941 sq ft

120 West St #5, Portland, ME 04102

$1,295,000

6 beds6.5 baths2,703 sq ft

15 Pine St, Portland, ME 04102

OPEN SUN, 2PM TO 3:30PM

$555,000

3 beds1.5 baths1,936 sq ft

112 Dennett St, Portland, ME 04102

$949,000

3 beds1.5 baths1,861 sq ft

25 Summer St, Portland, ME 04102

OPEN SUN, 10AM TO 12PM

$595,000

3 beds1.5 baths1,463 sq ft

172 Bradley St, Portland, ME 04102

$335,000

2 beds1 bath756 sq ft

260 Park Ave #4, Portland, ME 04102

Home values near 87 Gray St

Data from public records.

Address	Redfin Estimate
97 Gray Street, Portland, ME 2 Beds \| 1 Baths \| 1184 Sq. Ft.	$496,893
90 Gray Street, Portland, ME 4 Beds \| 1 Baths \| 1544 Sq. Ft.	$624,144

Address	Redfin Estimate
85 Gray Street, Portland, ME 5 Beds \| 2 Baths \| 3048 Sq. Ft.	$776,913
81 Gray Street, Portland, ME 6 Beds \| 4 Baths \| 4142 Sq. Ft.	$1,130,918

Address	Redfin Estimate
91 Gray Street, Portland, ME 5 Beds \| 3 Baths \| 2606 Sq. Ft.	$869,270
95 Gray Street, Portland, ME 9 Beds \| 3 Baths \| 3200 Sq. Ft.	$961,037

Property information provided by MREIS when last listed in 2023. This data may not match . Learn more.

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