Quality 2-family. Ideal Location. The Perfect Single-family or Condo Alternative. Centrally located on Portland's peninsula, this comprehensively updated multi-family offers immediate access to everything Portland has to offer. Walk-Score calls this location a 'walker's paradise' and is ideal for anyone who wants to walk, bike, or jump on public transportation. For the last 17 years, the current owner has updated and upgraded everything from the roof to the foundation. There are literally too many updates to list, but a few highlights are windows, exterior and interior doors, trim and siding repairs, roof upgrades, fresh paint inside and out, and an updated side deck just this summer.
Both units are condo quality with lots of light, retained period details, warm and welcoming wood floors, and spacious living/kitchen/dining areas. The 3rd level was originally finished and likely tied into the upper unit. This space is a blank slate and, if finished, would afford the top floor breathtaking Back Cove, western mountain, and sunset views. The yard is also a hit with raised garden beds and plenty of room for grilling, chilling, playing, and pets. Note - the first level vacates mid-November, and the second floor is month-to-month, making move-in flexible.
Closed
$775,000
42 Smith Street, Portland, ME 04101
3beds
2,098sqft
Multi Family
Built in 1840
-- sqft lot
$801,600 Zestimate®
$369/sqft
$3,562 Estimated rent
Home value
$801,600
$737,000 - $874,000
$3,562/mo
Zestimate® history
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List your homeWhat's special
Lots of lightRaised garden bedsCondo qualityRetained period details
Zillow last checked:
Listing updated:
Listed by:
Benchmark Real Estate
Bought with:
Coldwell Banker Realty
Source: Maine Listings,MLS#: 1607513
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Space Heater
Cooling
- None
Features
- 1st Floor Bedroom, Attic, One-Floor Living, Shower
- Flooring: Laminate, Vinyl, Wood
- Basement: Doghouse,Exterior Entry,Walk-Out Access,Full,Unfinished,Brick/Mortar
- Has fireplace: No
Interior area
- Total structure area: 2,098
- Total interior livable area: 2,098 sqft
- Finished area above ground: 2,098
- Finished area below ground: 0
Property
Parking
- Parking features: Reclaimed, 1 - 4 Spaces, On Site, Off Street
Features
- Stories: 3
- Patio & porch: Deck
- Has view: Yes
- View description: Mountain(s), Scenic
Lot
- Size: 3,484 Square Feet
- Features: City Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad, Level, Open Lot, Rolling Slope, Sidewalks, Landscaped
Details
- Parcel number: PTLDM022BJ014001
- Zoning: R6
- Other equipment: Cable, Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Wood Frame, Shingle Siding, Wood Siding
- Foundation: Stone, Brick/Mortar
- Roof: Pitched,Shingle
Condition
- Year built: 1840
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Green energy
- Energy efficient items: Ceiling Fans
Community & HOA
Community
- Subdivision: Munjoy Hill
Location
- Region: Portland
Financial & listing details
- Price per square foot: $369/sqft
- Tax assessed value: $445,000
- Annual tax amount: $6,412
- Date on market: 10/22/2024
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/25/2025 | Sold | $775,000+0.8%$369/sqft |
Source:  Maine Listings #1607513 Report a problem | ||
| 2/17/2025 | Pending sale | $769,000$367/sqft |
Source: Maine Listings #1607513 Report a problem | ||
| 2/3/2025 | Price change | $769,000-3.8%$367/sqft |
Source: Maine Listings #1607513 Report a problem | ||
| 10/22/2024 | Listed for sale | $799,000$381/sqft |
Source: Maine Listings #1607513 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,412 | $445,000 |
| 2023 | $6,412 +5.9% | $445,000 |
| 2022 | $6,056 +37.4% | $445,000 +135.3% |
| 2020 | $4,408 | $189,100 |
| 2019 | $4,408 +3.7% | $189,100 |
| 2018 | $4,251 +3.8% | $189,100 |
| 2017 | $4,094 +2.6% | $189,100 |
| 2016 | $3,992 +2.3% | $189,100 |
| 2015 | $3,901 +3.1% | $189,100 |
| 2014 | $3,782 +3.1% | $189,100 |
| 2013 | $3,670 +3.1% | $189,100 |
| 2012 | $3,559 +3% | $189,100 |
| 2011 | $3,457 +3% | $189,100 |
| 2009 | $3,355 | $189,100 |
| 2008 | $3,355 +8.8% | $189,100 |
| 2006 | $3,084 | $189,100 |
Find assessor info on the county website
Neighborhood: East Bayside-India Street
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Nearby schools
GreatSchools rating
- 2/10East End Community SchoolGrades: PK-5Distance: 0.6 mi
- 4/10Lyman Moore Middle SchoolGrades: 6-8Distance: 3.4 mi
- 4/10Portland High SchoolGrades: 9-12Distance: 0.4 mi
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- Maine
- Cumberland County
- Portland
- 04101
- East Bayside-India Street
- 42 Smith Street
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