34 Deering Avenue, Portland, ME 04101

$970,000

Property Type: Multi-Family Baths: 4 Square Footage: 2,607 Lot Size (sq. ft.): 3,920 Status: Active

Current Price: $970,000 List Date: 7/17/2025 Last Modified: 1/16/2026

Overview

Description

Welcome to the heart of Portland, Maine! This 4-unit building located on the Portland peninsula is the perfect investment opportunity for those seeking to break into the thriving real estate market of this coastal city. Situated in a prime location, this property offers residents easy access to all that Portland has to offer. With a walkability score of 93 out of 100, you'll find that Maine Medical Center, the West End, and much of downtown are just steps away. The building itself features two one-bedroom and two two-bedroom apartments, each with individually metered natural gas heating systems and separate electrical services to each unit. With off-street parking available, tenants will appreciate the convenience and security of having a dedicated spot to park their vehicle. Whether you're looking to rent as is or bring your imagination to enhance the building, this property offers endless possibilities for growth and return on investment. Don't miss your chance to invest in this incr ... (Read more)

Listing Details MLS# 1630918

Location Information

Street #: 34
Street Name: Deering
Street Type: Avenue
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04101
Zip +4: 2284
Leased Land: No
Book: 38759
Page: 331,332
Map: 53
Lot: C-27
Zoning: R6
Zoning Overlay: Unknown
Association: No
Full Tax Amount $: 8207.47
Tax Year: 2025
Tree Growth Y/N: No

Contract Information

Original List Price: 970000

Property Information

Surveyed: Unknown
Seasonal: No
Number of Units: 4
Total Baths: 4
Total Full Baths: 4
Year Built: 1894
SqFt Finished Above Grade: 2607
SqFt Finished Total: 2607
Garage: No
Lot Size Acres +/-: 0.09
Source of Acreage: Public Records
Total Half Baths: 0
SqFt Finished Below Grade: 0
Garage Spaces: 0

Water Info

Water Frontage: No
Water View: No

Units

# of 1 BD Units: 2
# of 2 BD Units: 2

Unit 1

Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1800
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

More Information

Unit 2

Lease: Yes
Level: Second
Security Deposit: No
Monthly Rent: 1250
# Full Baths: Yes
# of Rooms: 2
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3

Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 2000
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 4

Lease: No
Level: Third
Security Deposit: No
Monthly Rent: 1590
# Full Baths: Yes
# of Rooms: 4
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Water: Yes
Sewer: Yes

Site

Level: Yes
Sidewalks: Yes

Location

Near Shopping: Yes
Near Town: Yes
Near Turnpike/Interstate: Yes
Neighborhood: Yes

Roads

Public: Yes

Style

New Englander: Yes

Construction

Wood Frame: Yes

Basement

Full: Yes

Foundation Materials

Stone: Yes

Exterior

Vinyl Siding: Yes

Roof

Shingle: Yes

Heat System

Baseboard: Yes
Hot Water: Yes
Space Heater: Yes

Heat Fuel

Gas Natural: Yes

Income & Expenses

Gross Income: 83280
Operating Expenses: 21007

Cooling

None: Yes

Floors

Carpet: Yes
Laminate: Yes
Other: Yes
Wood: Yes

Parking

5 - 10 Spaces: Yes
Off Street: Yes
On Street: Yes

Electric

Circuit Breakers: Yes

Gas

Natural - On Site: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Driveway

Common: Yes

Basement Entry

Interior: Yes

Water Heater

Off Heating System: Yes

Amenities

1st Floor Bedroom: Yes
Storage: Yes

Vehicle Storage

No Vehicle Storage: Yes

Property Features

Site: Level; Sidewalks Location: Near Shopping; Near Town; Near Turnpike/Interstate; Neighborhood Roads: Public Style: New Englander Construction: Wood Frame Basement: Full Basement Entry: Interior Foundation Materials: Stone Exterior: Vinyl Siding Roof: Shingle Heat System: Baseboard; Hot Water; Space Heater Heat Fuel: Gas Natural Water Heater: Off Heating System Cooling: None Floors: Carpet; Laminate; Other; Wood Amenities: 1st Floor Bedroom; Storage Driveway: Common Parking: 5 - 10 Spaces; Off Street; On Street Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public

Documents

Deed Public Access ›

Lead Paint Addendum Public Access ›

Property Disclosure Public Access ›

Income and Expense ›

IDX

Listing Office: Keller Williams Realty

Last Updated: January - 16 - 2026

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