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
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 incredible opportunity on the Portland peninsula.
Supplements: ********
More Information MLS# 1630918
Location Information
Book: 38759
Leased Land: No
Page: 331,332
Map: 53
Lot: C-27
Zoning Overlay: Unknown
Association: No
Tree Growth Y/N: No
Street #: 34
Street Name: Deering
Street Type: Avenue
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04101
Zip +4: 2284
Zoning: R6
Full Tax Amount $: 8207.47
Tax Year: 2025
Geo Lat: 43.655052
Geo Lon: -70.273291
Property Information
Surveyed: Unknown
Seasonal: No
Number of Units: 4
Lot Size Acres +/-: 0.09
Total Baths: 4
Total Half Baths: 0
SqFt Finished Above Grade: 2607
SqFt Finished Below Grade: 0
Garage: No
Garage Spaces: 0
Total Full Baths: 4
Year Built: 1894
SqFt Finished Total: 2607
Source of Acreage: Public Records
Site
Level: 1
Sidewalks: 1
Location
Near Shopping: 1
Near Town: 1
Near Turnpike/Interstate: 1
Neighborhood: 1
Roads
Public: 1
Water Info
Water Frontage: No
Water View: No
Style
New Englander: 1
Construction
Wood Frame: 1
Basement
Full: 1
Foundation Materials
Stone: 1
Exterior
Vinyl Siding: 1
Roof
Shingle: 1
Heat System
Baseboard: 1
Hot Water: 1
Space Heater: 1
Heat Fuel
Gas Natural: 1
Income & Expenses
Gross Income: 83280
Operating Expenses: 21007
Cooling
None: 1
Floors
Carpet: 1
Laminate: 1
Other: 1
Wood: 1
Units
# of 1 BD Units: 2
# of 2 BD Units: 2
Parking
5 - 10 Spaces: 1
Off Street: 1
On Street: 1
Unit 1
Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1800
# Full Baths: 1
# 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
Electric
Circuit Breakers: 1
Unit 2
Lease: Yes
Level: Second
Security Deposit: No
Monthly Rent: 1250
# Full Baths: 1
# of Rooms: 2
# of Bedrooms: 1
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: 1
# 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
Gas
Natural - On Site: 1
Unit 4
Lease: No
Level: Third
Security Deposit: No
Monthly Rent: 1590
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Sewer
Public Sewer: 1
Water
Public: 1
Driveway
Common: 1
Basement Entry
Interior: 1
Water Heater
Off Heating System: 1
Amenities
1st Floor Bedroom: 1
Storage: 1
Vehicle Storage
No Vehicle Storage: 1
Contract Information
Status: Active
Original List Price: 970000
List Price: $970,000
Current Price: $970,000
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
Listing Office:
Keller Williams Realty
IDX
Last Updated: January - 16 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

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