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    34 Deering Ave Portland, ME 04101

    For Sale
    $970,000

    MULTI_FAMILY - Other - Portland, ME

    Property size:
    2,607 SF
    Lot size:
    0.09 Acres
    Days on Market:
    142
    Last Refresh:
    Dec 5 at 7:06 pm

    Property Features for 34 Deering Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R6
    Rooms
    Bathroom 4, Bathroom 1, Bathroom 3, Basement, Bathroom 2
    Parking features
    On Street, Off Street
    Interior features
    1st Floor Bedroom, Storage
    Basement
    Full
    Size
    2,607 SF
    Lot size
    0.09 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Space Heater, Hot Water(Heating), Baseboard
    Water source
    Public

    Building Details

    Year built
    1894
    Number of units
    4
    Flooring type
    Carpet, Wood, Laminate
    Building materials
    Vinyl Siding, Wood Frame
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    Storage

    Keller Williams Realty (207) 879-9800 [email protected]

    Listing agent Dominik Porobic (207) 879-9800

    Listing date Jul 17, 2025

    MLS# 1630918 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Portland Peninsula Four-Unit Multifamily Building

    Located in the heart of Portland, Maine, this four-unit building on the Portland peninsula presents an investment opportunity in the city's real estate market. The property's location provides residents with convenient access to Portland's amenities. With a walkability score of 93 out of 100, Maine Medical Center, the West End, and much of downtown are easily accessible. The building comprises two one-bedroom and two two-bedroom apartments. Each unit is equipped with individually metered natural gas heating systems and separate electrical services. Tenants benefit from the convenience of off-street parking. The 2,607 square foot property is located on a 0.09-acre lot. The property is zoned R6. This property offers possibilities for growth and return on investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Hair Salon Spa & Massage Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.273281
    Latitude
    43.65506

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    FAQs

    What type of property is this?
    Quadplex - Four-unit building in prime Portland location with investment potential.
    Where is this quadplex located?
    The property is located at 34 Deering Ave Portland, ME.
    What is the asking price?
    The asking price for this property is $970,000.
    What are key features of this property?
    This property features: - Prime location on the Portland peninsula with a HIGH WALKABILITY SCORE (93/100) providing easy access to Maine Medical Center, the West End, and downtown Portland.; - Four-unit building (two 1-bedroom and two 2-bedroom apartments) offering IMMEDIATE RENTAL INCOME potential.; - Individually metered natural gas heating systems and separate electrical services for each unit.
    (207) 879-9800
    Request Owner's contact information
    34 Deering Ave Portland, ME 04101
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    Portland, ME 04101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    34 Deering Ave Portland, ME 04101
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