This well maintained three unit offers an excellent opportunity for both investors and owner-occupants. One unit has been recently refreshed and is move-in ready, perfect for an owner looking to live on site while generating income from the other two units. Plenty of off street parking, a large backyard, new siding and hot water heaters, and vinyl replacement windows throughout. A solid property with strong rental potential just minutes to downtown Portland!
Closed
$725,000
54-56 Veranda Street, Portland, ME 04101
7beds
3,949sqft
Multi Family
Built in 1905
-- sqft lot
$731,200 Zestimate®
$184/sqft
$2,687 Estimated rent
Home value
$731,200
$673,000 - $790,000
$2,687/mo
Zestimate® history
Owner options
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$2,687/mo
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$2,687/mo
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$3,657/mo
Est. payment
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$3,657/mo
Est. payment
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List your homeWhat's special
Large backyardHot water heatersVinyl replacement windowsMove-in readyOff street parking
Zillow last checked:
Listing updated:
Listed by:
Portside Real Estate Group
Bought with:
U&R Real Estate
Source: Maine Listings,MLS#: 1639273
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Hot Water
Cooling
- None
Features
- Flooring: Carpet, Wood
- Basement: Interior Entry
Interior area
- Total structure area: 3,949
- Total interior livable area: 3,949 sqft
- Finished area above ground: 3,949
- Finished area below ground: 0
Property
Features
- Levels: Multi/Split
Lot
- Size: 9,583 Square Feet
Details
- Parcel number: 5456VerandaSTPortland429A1
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Roof: Composition
Condition
- Year built: 1905
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $184/sqft
- Annual tax amount: $10,482
- Date on market: 9/30/2025
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Sold | $725,000$184/sqft |
Source:  Maine Listings #1639273 Report a problem | ||
| 10/20/2025 | Pending sale | $725,000$184/sqft |
Source: Maine Listings #1639273 Report a problem | ||
| 9/30/2025 | Listed for sale | $725,000$184/sqft |
Source: Maine Listings #1639273 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: East Deering
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Nearby schools
GreatSchools rating
- 5/10Presumpscot SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Lyman Moore Middle SchoolGrades: 6-8Distance: 2.3 mi
- 4/10Portland High SchoolGrades: 9-12Distance: 1.6 mi
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$731,200
2% more
+$14,624
With Zillow Showcase(estimated)
$745,824
- Maine
- Cumberland County
- Portland
- 04103
- East Deering
- 54-56 Veranda Street
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