481 Danforth Street
Portland, ME 04102
Valley Street- 4 Beds
- 2 Baths
- 1,901 sqft
$847,000
Original price: $857,000
$847,000
Original price: $857,000
4 Beds
2 Baths
1,901 sqft
Local Information
-- mins to
Last check for updates: about 7 hours ago
Listing courtesy of The Real Estate Store
Source: Maine Listings, MLS#1666170

Also Listed on Maine Listings.
Description
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.
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.
Home Highlights
Parking
Garage
Outdoor
Deck
A/C
Heating only
HOA
None
Price/Sqft
$446
Listed
41 days ago
Home Details for 481 Danforth Street
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MLS Status: Active |
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Interior Details Basement: Interior Entry,Full,Unfinished |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1901 Square Feet |
Heating & Cooling Heating: BaseboardNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: Circuit Breakers |
Windows, Doors, Floors & Walls Flooring: Tile, Wood |
Levels, Entrance, & Accessibility Stories: 3Number of Stories: 3Floors: Tile, Wood |
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Exterior Home Features Roof: ShinglePatio / Porch: DeckNo Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Paved,1 - 4 Spaces,Detached |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public SewerWater Body: Fore River |
Finished Area Finished Area (above surface): 1901 Square Feet |
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Days on Market: 41 |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: New Englander |
Building Construction Materials: Wood Frame, Vinyl Siding |
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Price List Price: $847,000Price Per Sqft: $446 |
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Direction & Address City: Portland |
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Listing Agent Listing ID: 1666170 |
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Building Area Building Area: 1901 Square Feet |
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Lot Area: 6534 sqft |
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BasementMls Number: 1666170Above Grade Unfinished Area: 1901 |
Market trends in Portland
Last updated June 2026
Avg. sale price
$570K
$35.78KMoM
Sale-to-List Price
100.2%
0.2%MoM
Price per sq ft
$408
$23MoM
Available listings
220
17MoM
Price History for 481 Danforth Street
| Date | Price | Event | Source |
|---|---|---|---|
| 07/17/2026 | $847,000 | PriceChange | Maine Listings #1666170 |
| 07/14/2026 | $857,000 | PriceChange | Maine Listings #1666170 |
| 07/09/2026 | $867,000 | PriceChange | Maine Listings #1666170 |
| 07/06/2026 | $877,000 | PriceChange | Maine Listings #1666170 |
| 07/01/2026 | $888,000 | PriceChange | Maine Listings #1666170 |
| 06/23/2026 | $898,000 | PriceChange | Maine Listings #1666170 |
| 06/09/2026 | $978,000 | Listed For Sale | Maine Listings #1666170 |
| 08/18/2016 | $799,999 | ListingRemoved | Agent Provided |
| 02/17/2016 | $799,999 | Listed For Sale | Agent Provided |
| 10/25/2014 | $3,000 | ListingRemoved | N/A |
| 09/28/2014 | $3,000 | PriceChange | N/A |
| 09/05/2014 | $2,200 | Listed For Rent | N/A |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $14,277 |
| Assessment | $990,800 |
Home facts updated by county records
Comparable Sales for 481 Danforth Street
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.34 | Multi-Family Home | $585,000 | 07/31/25 | 4 | 3 | 3,336 | |
0.59 | Multi-Family Home | $420,000 | 12/19/25 | 3 | 2 | 1,560 | |
0.69 | Multi-Family Home | $615,000 | 05/13/26 | 6 | 2 | 1,968 | |
0.39 | Multi-Family Home | $570,000 | 10/15/25 | 5 | 3 | 1,795 | |
0.71 | Multi-Family Home | $715,252 | 11/21/25 | 4 | 2 | 2,231 | |
0.70 | Multi-Family Home | $550,000 | 11/21/25 | 4 | 2 | 1,844 | |
0.53 | Multi-Family Home | $519,000 | 05/05/26 | 3 | 2 | 1,234 | |
0.62 | Multi-Family Home | $858,000 | 06/09/26 | 4 | 2 | 2,256 | |
0.61 | Multi-Family Home | $635,000 | 07/31/25 | 3 | 3 | 2,152 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 481 Danforth Street.
What Locals Say about Valley Street
At least 11 Trulia users voted on each feature.
83 % Say streets are well-lit
81 % Say people would walk alone at night
75 % Say parking is easy
75 % Say it's dog friendly
69 % Say it's walkable to restaurants
64 % Say there's holiday spirit
63 % Say there are sidewalks
62 % Say kids play outside
58 % Say it's walkable to grocery stores
42 % Say yards are well-kept
35 % Say neighbors are friendly
33 % Say it's quiet
33 % Say car is needed
31 % Say they plan to stay for at least 5 years
31 % Say there are community events
27 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
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The Real Estate Store

Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 206-424-8443
Zillow Inc. 415 Congress St #202 Portland, ME 04101 206-424-8443
481 Danforth Street, Portland, ME 04102 is a 4 bedroom, 3 bathroom, 1,901 sqft multi-family built in 1900. 481 Danforth Street is located in Valley Street, Portland. This property is currently available for sale and was listed by Maine Listings on Jun 9, 2026. The MLS # for this home is MLS# 1666170.

