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Offered at $799,000Active
beds
—
baths
3
sq ft
1,901
Built
1900

481 Danforth Street

Portland, ME 04102

About this home

Exceptional investment and owner-occupant opportunity in Portland's West End. This classic New Englander has undergone extensive improvements, including a new roof, siding, windows, electrical systems, heating systems, and more. Currently configured as a two-unit property, the second and third floors have been thoughtfully renovated with modern finishes, creating bright, open living spaces with abundant natural light, water views of the Fore River, and private outdoor decks. The first floor offers a blank canvas ready for your redesign, providing the potential to complete the third unit. Separate utilities for each unit add convenance and ease of management. Enjoy a private, tucked-away setting while remaining just steps from the Western Promenade, local amenities, downtown Portland, and waterfront attractions. A rare feature in an urban setting, three sides of the property abut City zoned Open Space, enhancing privacy and creating a unique sense of privacy. Minutes to the airport, train station, downtown, shopping, and more.

Listing last checked: Listing updated:

Listed by Listing Agent · The Real Estate Store · MLS #1666170

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Details at a glance

Interior4 property facts
Heating
Baseboard
Cooling
None
Flooring
Tile, Wood
Fireplaces
0
Building4 property facts
Style
Other
Year built
1900
Garage
2
Roof
Shingle
Land & utilities4 property facts
Lot size
0.15 acres
Water
Public
Sewer
Public Sewer
Zoning
RN-2
Financial2 property facts
Annual taxes
$17,450
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $799,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$5,494 / monthAdjust
Principal & interest
$4,040
Property tax
$1,454
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $17,450. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 481 Danforth Street

Can I request a private showing?

Request a tour of 481 Danforth Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.