Portland, ME 04102,242 Valley ST
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Portland, ME 04102,242 Valley ST
Portland, ME 04102,242 Valley ST
Portland, ME 04102,242 Valley ST
Portland, ME 04102,242 Valley ST
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Listed by Benchmark Real Estate
$ 399,000
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242 Valley ST Portland, ME 04102

2 Beds

2 Baths

1,281 SqFt


UPDATED:

Key Details

Property Type Residential

Sub Type Single Family Residence

Listing Status Active

Square Footage 1,281 sqft

Subdivision West End

MLS Listing ID 1633012

Style Other,New Englander

Bedrooms 2

Full Baths 1

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 1,281

Year Built 1900

Annual Tax Amount $3,853

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Single Family Residence

Source Maine Listings

Land Area 1281

Property Description

A rare opportunity in Portland's vibrant St. John Street Valley neighborhood. This historic home has seen better days, but the foundation is solid and the potential is undeniable. Bring your tools, vision, and energy—this is a true sweat equity special, ideal for an owner-occupant, investor, or flipper looking to refurbish and resell for significant profit. The location is unbeatable: just off the peninsula and walkable to Maine Med, Mercy Hospital, Deering Oaks Park, Hadlock Field, the Western Prom, Portland's new pro soccer stadium, groceries, gastropubs, and more. Zoned B5—one of the city's most flexible and valuable zones—allowing residential, commercial, or mixed-use development up to 75' in height with limited setbacks. Whether you're looking to renovate, flip, or redevelop, this is a remarkable opportunity at just 399K. Sold as-is, where-is.

Location

State ME

County Cumberland

Zoning B2b

Rooms

Basement Interior, Walk-Out Access, Full, Partial, Unfinished

Master Bedroom Second

Bedroom 2 Second

Living Room First

Kitchen First

Interior

Heating Hot Water

Cooling None

Flooring Wood, Vinyl, Carpet

Fireplace No

Exterior

Parking Features No Driveway, On Street

Utilities Available 1

View Y/N No

Roof Type Shingle

Street Surface Paved

Garage No

Building

Lot Description Open, Level, Sidewalks, Interior Lot, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad

Sewer Public Sewer

Water Public

Architectural Style Other, New Englander

Structure Type Vinyl Siding,Wood Frame

Schools

School District Portland Public Schools

Others

Restrictions Unknown

Energy Description Oil


Maine MLS (MREIS) IDX
agent

The Scoville Foley Team

+1(207) 885-0500

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242 Valley ST