New Price! Opportunity knocks in Portland's desirable Back Cove neighborhood! This classic 3-bed, 1.5-bath colonial offers 1,378 sq ft of immediate livability on an expansive 1/3-acre double lot. Filled with natural light, this home offers hardwood flooring, original built-ins, a fireplace and a sunroom perfect for home office or enjoying coffee while looking out at the large private back yard. Outside, opportunities abound for garden beds, a firepit, a place for a dog or kids to play, or future expansion. Just moments from Baxter Boulevard, Payson Park, and Portland's vibrant downtown. This home has been pre-inspected for the buyer's convenience. A great value!
Single-familyProperty Type
1930Year Built
0.34 acresLot Size
$435Price/Sq.Ft.
5 spacesParking
Listed by Mark Fortier• Town & Shore Real Estate
Bought with Sarah Hipple• Vitalius Real Estate Group, LLC
Est. $1,422 per month, based on comparable rentals
Sale and tax history for 87 Read St
Sale History
Tax History
Date
Event
Price
MREIS #1670611
Aug 31, 2026
Sold
$599,000
$435/sq ft
Jul 23, 2026
Price Changed
$599,000
$435/sq ft
Jul 12, 2026
Listed
$650,000
$472/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$5,067 (+4.2%)
$73,300 + $264,300
$337,600
2023
$4,865 (+5.9%)
$73,300 + $264,300
$337,600
2022
$4,595 (+4.8%)
$73,300 + $264,300
$337,600
2021
$4,385 (−0.5%)
$73,300 + $264,300
$337,600
2020
$4,406
$75,800 + $113,200
$189,000
2019
$4,406 (+3.7%)
$75,800 + $113,200
$189,000
2018
$4,249 (+3.8%)
$75,800 + $113,200
$189,000
2017
$4,092 (+2.6%)
$75,800 + $113,200
$189,000
2016
$3,990 (+2.3%)
$75,800 + $113,200
$189,000
2015
$3,899 (+3.1%)
$75,800 + $113,200
$189,000
2014
$3,780
$75,800 + $113,200
$189,000
Public record
Public record
Permits
Beds
3
Baths
1.5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.34 Acres
Year renovated
—
Sq. Ft.
1,378
Year built
1930
Style
Single Family Residential
County
Cumberland County
APN
120777
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
Jul 12, 2026 • Active
Electrical
Electrical
Ev charger
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.
Property details
Parking
Parking Information
Parking Features: Common, Paved, 5 - 10 Spaces, On Site
Interior
Bathroom Information
# of Baths (1/2): 1
# of Baths (Full): 1
Room 1 Information
Type: Dining Room
Level: First
Features: Built-Ins, Dining Area, Informal
Room 2 Information
Type: Sunroom
Level: First
Features: Four-Season
Room 3 Information
Type: Kitchen
Level: First
Features: Kitchen Island
Room 4 Information
Type: Living Room
Level: First
Features: Gas Fireplace
Room 5 Information
Type: Bedroom 2
Level: Second
Features: Closet
Room 6 Information
Type: Bedroom 3
Level: Second
Features: Closet
Room 7 Information
Type: Bedroom 1
Level: Second
Features: Closet
Basement Information
Basement Entry: Interior Entry, Full, Unfinished
Interior Features
# of Rooms: 7
Interior Features: Attic, Bathtub
Furnished: Unfurnished
Dishwasher, Dryer, Gas Range, Refrigerator, Wall Oven, Washer
Window Features: Double-Pane Windows
Flooring: Hardwood
Other Equipment: Air Radon Mitigation System, Cable
Laundry Information
Laundry Features: Washer Hookup
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Exterior
Building Information
Construction Materials: Wood Frame, Vinyl Siding
Roof: Shingle
Total Building Area (Sq. Ft.): 1,378
Building Area Source: Public Records
Exterior Features
Patio & Porch Features: Deck
Other Structures: Shed(s)
Property Information
Property Sub Type: Single Family Residence
Year Built: 1930
Above-Grade Finished Area (Sq. Ft.): 1,378
Lot Information
Lot Size (Sq. Ft.): $14,810.40
Lot Size (Acres): 0.34
Lot Size Source: Public Records
Lot Features: Near Town, Neighborhood, Level, Sidewalks
Road Surface Type: Paved
Zoning: RN-1
Financial
Tax Information
Annual Tax Amount: $6,754
Tax Year: 2025
Utilities
Utility Information
Has Heating
Heating: Steam, Radiator
Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Public
Water Heater: Gas
Location
Location Information
Unparsed Address: 87 Read Street, Portland, ME 04103
Directions: Forest Ave to Ocean Ave near Cheverus, left on to Read Street to #87. OR Washington Ave to Ocean Ave, right on to Read Street to #87
Public facts
Beds: 3
Baths: 1.5
Sq. Ft.: 1,378
Stories: 2.0
Lot Size: 0.34 acres
Style: Single Family Residential
Year Built: 1930
Year Renovated: —
County: Cumberland County
APN: 120777
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Ocean Avenue School
Public K-5 • Assigned • 0.3mi
7/10
Lyman Moore Middle School
Public 6-8 • Assigned • 1.7mi
4/10
Deering High School
Public 9-12 • Assigned • 1.0mi
2/10
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 88° expected this year, 17 days in 30 years
6/10 Wind Factor
59% 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
80
64
78
58
72
54
62
43
49
33
35
20
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 15% for direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$562,000 – $680,000
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