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  • Price cut: $26K (6/24)
    $389,000

    7 Porter Street, Paris, ME 04281

    4beds
    3,425sqft
    : 
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    Multi Family
    Built in 1880
    -- sqft lot
    $-- Zestimate®
    $114/sqft
    $-- HOA

    What's special

    Perched on a hill in the heart of South Paris, this stately Victorian 4-unit property offers the rare combination of historic charm, owner-occupied flexibility, and exceptional income potential. Currently configured as four separate one-bedroom, one-bath units, the property also lends itself beautifully to conversion back into an expansive single-family residence or multigenerational home. Previously operated as a Bed & Breakfast and owner-occupied with an in-law suite, the possibilities are endless. Located just minutes from downtown South Paris and neighboring Norway, this property enjoys close proximity to shopping, restaurants, cafés, schools, medical facilities, and the Oxford Hills area amenities. Outdoor recreation abounds with nearby lakes, hiking, skiing, snowmobile trails, and easy access to western Maine's year-round activities. The property's elevated setting provides lovely views from both the welcoming front porch and second-story screened porch, creating a peaceful retreat while remaining close to town conveniences. For investors, this property presents a compelling opportunity to offset ownership costs through three rental incomes while occupying one spacious unit yourself. With demand for quality rental housing continuing throughout the Oxford Hills region, the income-producing configuration offers strong long-term investment appeal. The flexible layout allows an owner to maximize cash flow, accommodate extended family, or create a stunning single-family Victorian estate. Inside, timeless architectural character shines through with classic Victorian detailing, spacious rooms, natural light, and the warmth only a historic Maine home can offer. Whether you are seeking a smart owner-occupied investment, an income-producing property, or a grand home with incredible versatility, 7 Porter Street delivers charm, functionality, and opportunity in one of western Maine's most desirable small-town settings.
    45 days
    |
    305
    |
    28
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Realty of Maine

    Source: Maine Listings,MLS#: 1663757MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      Heating
      • Hot Water, Radiator, Space Heater
      Cooling
      • Window Unit(s)
      Features
      • Attic, Shower
      • Flooring: Carpet, Laminate, Wood
      • Basement: Doghouse,Interior Entry,Partial,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 3,425
      • Total interior livable area: 3,425 sqft
      • Finished area above ground: 3,425
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Parking features: Paved, 1 - 4 Spaces
      Features
      • Stories: 3
      • Patio & porch: Deck, Porch, Screened
      • Has private pool: Yes
      Lot
      • Size: 0.37 Acres
      • Features: Near Town, Neighborhood, Level, Open Lot
      Details
      • Additional structures: Shed(s)
      • Parcel number: PARIMU09L54
      • Zoning: R

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Victorian
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Fiber Cement, Wood Siding
      • Foundation: Block, Stone, Brick/Mortar
      • Roof: Shingle
      Condition
      • Year built: 1880

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Utilities On

      Community & HOA

      Location
      • Region: South Paris

      Financial & listing details

      • Price per square foot: $114/sqft
      • Tax assessed value: $350,800
      • Annual tax amount: $5,143
      • Date on market: 5/24/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,613/mo

        Price history

        DateEventPrice
        6/24/2026Price change$389,000-6.3%$114/sqft
        Source: Maine Listings #1663774 Report a problem
        5/24/2026Listed for sale$415,000+59.6%$121/sqft
        Source: Maine Listings #1663757 Report a problem
        1/14/2022Sold$260,000$76/sqft
        Source: Maine Listings #1513873 Report a problem
        1/5/2022Pending sale$260,000$76/sqft
        Source: Maine Listings #1513873 Report a problem
        11/22/2021Contingent$260,000$76/sqft
        Source: Maine Listings #1513873 Report a problem
        11/3/2021Listed for sale$260,000+160%$76/sqft
        Source: Maine Listings #1513873 Report a problem
        8/29/2014Sold$100,000+9890%$29/sqft
        Source: Maine Listings #1107982 Report a problem
        7/13/2007Sold$1,001
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,143 +19%$350,800 +30.7%
        2023$4,321 +13.2%$268,400 +4.4%
        2022$3,818 +35.9%$257,100 +64.7%
        2021$2,810 -1.1%$156,100
        2020$2,841 +2.2%$156,100
        2019$2,779 +6.8%$156,100 +0.8%
        2018$2,601 $154,800
        2017$2,601 $154,800
        2016$2,601 -8.2%$154,800
        2015$2,833 -15.5%$154,800 -17.4%
        2014$3,354 $187,400
        2013$3,354 +39%$187,400 +5.6%
        2010$2,413 $177,400

        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 04281

        Getting around

        31 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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