JoinFind An ExpertServicesInsightsAbout Us
USAMEPortlandWest End242 Valley Street
Image | Image 1
Link Copied

242 Valley Street, Portland, ME

House

For Sale

Listed price in listed location currency (USD).
$499,000

220

MLS® 1633012

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage No
Taxes $3,853
Days Active 86
Lot Size 
Approx. Age 1900
MLS® Number 1633012

Property Address: 242 Valley Street, Portland, ME, 04102

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number1633012
Laundry Level
Central VacNo
FireplaceNo
Acreage0.11
Exterior
GarageNo
Approx. Age1900
BasementInterior, Walk-Out Access, Full, Partial, Unfinished
DrivewayNo Driveway, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 4, 2025List Date
$499,000List Price
  • Commute

Commute

Starting Address
Destination Address
242 Valley Street, Portland, ME

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties