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$499,000

Listing Price

2beds

2baths

1,281sqft

5,001sqft lot

242 Valley St, Portland, ME 04102

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

409.74

Price / sqft

1900

Year built

Home Details

A rare opportunity in Portlands 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 energythis 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, Portlands new pro soccer stadium, groceries, gastropubs, and more. Zoned B5one of the citys most flexible and valuable zonesallowing residential, commercial, or mixed-use development up to 75 in height with limited setbacks. Whether youre looking to renovate, flip, or redevelop, this is a remarkable opportunity at just 399K. Sold as-is, where-is.

Interior Details

Square Feet
  • 1281

Bedrooms
  • 2

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Hot Water

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Oil

Basement
  • Has Basement:

    No

  • Basement Type:

    Full

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 5001

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 2

Style
  • Other

Exterior
  • Wood Siding

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$3,068

$67,900

$63,700

--%

$131,600

2019

$3,068

$67,900

$63,700

--%

$131,600

2018

$2,958

$67,900

$63,700

--%

$131,600

2017

$2,849

$67,900

$63,700

--%

$131,600

2016

$2,778

$67,900

$63,700

--%

$131,600

percent-home-icon

Average Home Price in 04102

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$763,775

2 Beds

2 Baths

1,228 Sqft

3,302 Lot (sqft)

Sold 10/26/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
499,000
$
Down payment
99,800
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,994
$
HOA (Monthly)
0
$
PMI
0
$
$3,230
Your Payment
Total Monthly Payment:$3,230
Percent of Income:55%
Affordable:No

Details for 242 VALLEY ST

Property Debt

Foreclosure Contact Details