Search
Updated Four-Unit Apartment Building
For Sale
Contact for pricing

247 Valley St, Portland, ME 04102

Unit mix includes a studio, two-bedroom apartment, and two three-bedroom apartments near Maine Medical.

Property SizeContact for details
Days on Market143

Property Features for 247 Valley St

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 1 x studio, 1 x 2BR, 2 x 3BR
Multifamily Units 4

Additional Details

Highway Access Yes

Building Details

Buildings 1
Listing Agency: F.O. Bailey Real Estate
Listed By: Thomas Gadbois · License #ME BA918504
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 2:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of F.O. Bailey Real Estate

Investment Insights

Based on property information with market context.

This four-unit apartment property contains a varied residential mix: one studio, one two-bedroom apartment, and two spacious three-bedroom apartments. The building has undergone updates to most electrical and plumbing systems, providing documented improvements across key building infrastructure.

Located at 247 Valley St in Portland, the property is near Maine Medical and within reach of Portland’s Old Port, I-295, I-95, and area restaurants. The combination of four apartments and multiple bedroom configurations supports a range of residential occupancy needs within a single building.

Key Highlights

  • Four‑unit apartment building at 247 Valley St, Portland, ME 04102
  • Unit mix includes 1 studio, 1 two‑bedroom, and 2 three‑bedroom apartments
  • Most electrical and plumbing systems have been updated

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Auto Parts Store Locksmith Home Appliance Store (Bike/Boat/Book/etc) Store Pet Grooming Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,265
Businesses Nearby

Demographics for 04102, ME

18,002
Population
8,633
Households
2.1
Avg Household Size
38
Median Age
62%
College-Educated
96%
High-School Grad
6.0 sq mi
ZIP Area
3,000
Density / Sq Mi
$79,631
Median Household Income
$47,898
Median Earnings
$1,435
Median Rent
$464,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Unit mix includes a studio, two-bedroom apartment, and two three-bedroom apartments near Maine Medical.
Where is this quadplex located?
The property is located at 247 Valley St Portland, ME.
What are key features of this property?
This property features: Four‑unit apartment building at 247 Valley St, Portland, ME 04102; Unit mix includes 1 studio, 1 two‑bedroom, and 2 three‑bedroom apartments; Most electrical and plumbing systems have been updated
(207) 409-8339 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message