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  • Price cut: $100K (6/29)
    $595,000

    7 Orange Street, Portland, ME 04102

    --beds
    --baths
    6,098Square Feet
    Land
    Built in ----
    6,098 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Premium corner parcelUnmatched natural topographyNatural downhill slopeStreet-level tucked-under parking
    DEVELOPMENT OPPORTUNITY: Entitled 8-Unit Site in Portland's Coveted West End -- 100% Inclusionary Zoning (IZ) Exempt. Avoid the multi-year planning hurdles. This premium corner parcel is sold fully de-risked and conceptually entitled, packaged with a formal Zoning Summary Memorandum (Perkins Thompson) validating a full 8-unit build, alongside an architectural massing study (Kaplan Thompson Architects). By staying under the city's 10-unit threshold, this project is entirely exempt from Portland's strict Inclusionary Zoning mandates, affordable housing quotas, and fee-in-lieu penalties. Unmatched natural topography unlocks spectacular, unobstructed inner harbor and active boatyard views that begin directly from the ground-level grass and expand into a panoramic sweep from the upper floors and potential 45-foot rooftop deck. The site sits entirely outside the Historic Overlay District, and the natural downhill slope perfectly accommodates street-level, tucked-under parking to drastically minimize excavation costs.
    66 days
    |
    335
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Vitalius Real Estate Group, LLC

    Source: Maine Listings,MLS#: 1659152MLS Logo

      Facts & features

      Property

      Parking
      • Parking features: No Driveway, None
      Features
      • Has view: Yes
      • View description: Scenic
      • Body of water: Fore River
      Lot
      • Size: 6,098 Square Feet
      • Features: City Lot, Near Shopping, Neighborhood, Corner Lot, Open Lot
      Details
      • Parcel number: PTLDM057BH001001
      • Zoning: RN-4

      Utilities & green energy

      • Electric: No Electric
      • Sewer: None
      • Water: None

      Community & HOA

      Location
      • Region: Portland

      Financial & listing details

      • Tax assessed value: $215,700
      • Annual tax amount: $3,683
      • Date on market: 4/24/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,402/mo

        Price history

        DateEventPrice
        6/29/2026Price change$595,000-14.4%
        Source: Maine Listings #1659152 Report a problem
        4/24/2026Listed for sale$695,000+157.4%
        Source: Maine Listings #1659152 Report a problem
        12/2/2022Sold$270,000-20.6%
        Source: Maine Listings #1545583 Report a problem
        11/22/2022Pending sale$340,000
        Source: Maine Listings #1545583 Report a problem
        10/11/2022Listed for sale$340,000
        Source: Maine Listings #1545583 Report a problem
        6/10/2021Listing removed--
        Source: Maine Listings Report a problem
        2/12/2020Pending sale$340,000
        Source: Keller Williams Realty #1435020 Report a problem
        10/1/2019Listed for sale$340,000
        Source: Keller Williams Realty #1435020 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,108 $215,700
        2023$3,108 +390.2%$215,700 +362.9%
        2022$634 -75.5%$46,600 -58%
        2020$2,585 $110,900
        2019$2,585 +3.7%$110,900
        2018$2,493 +3.8%$110,900
        2017$2,401 +2.6%$110,900
        2016$2,341 +2.3%$110,900
        2015$2,288 +3.2%$110,900
        2014$2,218 $110,900

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: West End

        Getting around

        85 / 100
        Very Walkable
        48 / 100
        Some Transit
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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