Portland
$985,000
224 Valley Street
mls: 1668670
Bathrooms: 4
Year Built: 1900
Sq Footage: 2,911
Lot Size: 0.11
Taxes: $9,902
Status: Active

Owner-occupied or exceptional investment opportunity in Portland! This well-maintained four-unit property features an attractive unit mix of two 1-bedroom, 1-bath apartments and two spacious 3-bedroom, 1-bath apartments.

Listed by: Keller Williams Realty
contact 207-553-2400

Owner-occupied or exceptional investment opportunity in Portland! This well-maintained four-unit property features an attractive unit mix of two 1-bedroom, 1-bath apartments and two spacious 3-bedroom, 1-bath apartments. Each bright, sun-filled unit offers private deck or balcony access, providing desirable outdoor space for tenants. As an owner-occupied, you would have the potential of being exempt from Portland's rent control restrictions. Recent capital improvements include a new roof in 2025 and a new natural gas boiler in 2024, offering peace of mind for years to come. Additional amenities include coin-operated laundry, natural gas heat, and a large in-town lot with ample off-street parking. Conveniently located near the Western Promenade, downtown Portland, local restaurants, parks, shopping, and public transportation, this property offers strong rental appeal and easy access to many of the area's amenities. With a solid rental history, valuable recent updates, and a versatile unit mix, this is an excellent opportunity for investors looking to expand their portfolio in Portland's thriving rental market.

Listed by: Keller Williams Realty

Above Grade Finished Area
2911.00
Accessibility Features
Appliances
Architectural Style
Victorian
Basement
Exterior Entry, Walk-Out Access, Partial
Bathrooms Full
4
Bathrooms Total Integer
4
Below Grade Finished Area
0.00
Body Type
Building Area Total
2911.00
Construction Materials
Wood Frame, Wood Siding
Cooling
None
Electric
Circuit Breakers
Exterior Features
Flooring
Carpet, Vinyl, Wood
Foundation Details
Stone, Brick/Mortar
Green Energy Efficient
Heating
Gas Natural, Baseboard, Hot Water
Heating Yes/No
1
Interior Features
Bathtub, Shower, Storage
Laundry Features
Washer Hookup
Lot Features
Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Rolling Slope, Sidewalks, Near Public Transit
Lot Size Acres
0.1100
Other Equipment
Internet Access Available
Other Structures
Parking Features
Common, Paved, 5 - 10 Spaces, On Site, Off Street
Patio And Porch Features
Deck
Pets Allowed
Property Condition
Roof
Shingle
Sewer
Public Sewer
Tax Annual Amount
9902.00
Utilities
Utilities On
Water Source
Public
Waterfront Features
Nearby
Year Built
1900
Zoning
R6