This well-maintained three-unit property offers a rare investment opportunity in Portland's desirable, walkable East Deering neighborhood. It includes two spacious 3-bedroom units and one 2-bedroom unit, with strong rental income.
Located near Payson Park, Back Cove, and the Roux Institute, the property benefits from high demand. A standout feature is the large private backyard--an uncommon perk for multi-family living.
The property also includes a buildable lot, offering potential for expansion or added income. With a solid rental history and low maintenance, it's a turnkey option for investors or owner-occupants.
Opportunities like this are rare--don't miss out.
Closed
$902,000
54 E Kidder Street, Portland, ME 04103
8beds
2,960sqft
Multi Family
Built in 1901
-- sqft lot
$902,200 Zestimate®
$305/sqft
$2,104 Estimated rent
Home value
$902,200
$857,000 - $947,000
$2,104/mo
Zestimate® history
Owner options
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$2,104/mo
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$2,104/mo
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$5,593/mo
Est. payment
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$5,593/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Elevate Maine Realty
Bought with:
Dream Home Realty LLC
Source: Maine Listings,MLS#: 1658117
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 3
Heating
- Baseboard, Forced Air, Hot Water, Zoned, Radiator
Cooling
- None
Features
- 1st Floor Bedroom
- Flooring: Carpet, Laminate, Wood
- Basement: Doghouse,Interior Entry,Bulkhead,Full,Unfinished,Brick/Mortar
- Has fireplace: No
Interior area
- Total structure area: 2,960
- Total interior livable area: 2,960 sqft
- Finished area above ground: 2,960
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, 1 - 4 Spaces, On Site
Features
- Levels: Multi/Split
- Stories: 3
- Patio & porch: Porch
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 4,791 sqft
- Features: Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Suburban, Level, Sidewalks, Wooded
Details
- Parcel number: PTLDM163ABF012001
- Zoning: R-5
- Other equipment: Cable
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Clapboard, Vinyl Siding
- Foundation: Stone, Brick/Mortar
- Roof: Fiberglass,Pitched,Shingle
Condition
- New Construction
- New construction: Yes
- Year built: 1901
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & neighborhood
Location
- Region: Portland
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Sold | $902,000+2.6%$305/sqft |
Source:  Maine Listings #1658117 Report a problem | ||
| 4/26/2026 | Pending sale | $879,000$297/sqft |
Source: Maine Listings #1658117 Report a problem | ||
| 4/22/2026 | Listed for sale | $879,000+46.7%$297/sqft |
Source: Maine Listings #1658117 Report a problem | ||
| 8/3/2020 | Sold | $599,000$202/sqft |
Source: Agent Provided Report a problem | ||
| 4/21/2020 | Listed for sale | $599,000$202/sqft |
Source: The Flaherty Group #1449996 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,302 | $576,100 |
| 2023 | $8,302 +5.9% | $576,100 |
| 2022 | $7,841 +39.5% | $576,100 +138.8% |
| 2020 | $5,622 | $241,200 |
| 2019 | $5,622 +3.7% | $241,200 |
| 2018 | $5,422 +3.8% | $241,200 |
| 2017 | $5,222 +2.6% | $241,200 |
| 2016 | $5,092 +2.3% | $241,200 |
| 2015 | $4,976 +3.2% | $241,200 |
| 2014 | $4,824 +3% | $241,200 |
| 2013 | $4,682 +3.2% | $241,200 |
| 2012 | $4,539 +7.4% | $241,200 +4.3% |
| 2011 | $4,226 -1.2% | $231,200 -4.1% |
| 2009 | $4,279 | $241,200 |
| 2008 | $4,279 +8.8% | $241,200 |
| 2006 | $3,934 | $241,200 |
Find assessor info on the county website
Neighborhood: East Deering
Nearby schools
GreatSchools rating
- 5/10Presumpscot SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Lyman Moore Middle SchoolGrades: 6-8Distance: 1.8 mi
- 5/10Casco Bay High SchoolGrades: 9-12Distance: 1.6 mi
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$902,200
2% more
+$18,044
With Zillow Showcase(estimated)
$920,244
- Maine
- Cumberland County
- Portland
- 04103
- East Deering
- 54 E Kidder Street
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