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854 Broadway, South Portland, ME, 04106

--beds
--baths
--sqft
$550,000
--price/sqft
$3,611/moest. monthly cost
$144,440/yrincome needed

About This Home

854 Broadway is a mixed use property located in a highly visible area on a popular commuter street in South Portland, Maine. The first floor has a one room office with private bath and break room. This space has it's own entry. The second space on this floor is a 2 room office with french doors and big windows for plenty of natural sunlight. Both first floor spaces and the entry have beautiful hardwood floors. The second floor has 4 individual offices that share a bathroom with the 2 room office on the first floor. The 3rd floor is an immaculate 1 bedroom apartment with 2 egresses. The kitchen has cherry cabinets and granite counters. There is a 1 car detached garage that is leased year round. The basement is dry and offers plenty of storage and includes a washer/dryer for the apartment.

Getting Around

52
WalkingSomewhat Walkable
26
TransitSome Transit
83
BikeVery Bikeable

Schools

6/10

Construction

Condition

  • Year built: 1912

Type & Style

  • Home type: SingleFamily

Interior

Basement

  • Has basement: Yes
  • Basement: Yes

Features

  • Flooring: Carpet,Laminate

Heating

  • Heating features: Has Heating (Unspecified Type)

Property

Lot

  • Lot size: 10,018 sqft

Parking

  • Parking features: On Site,Paved,Garage,Off Street
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Ice Storm
    Ice StormRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Ice Storm
Coastal Flooding
Hurricane
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across Maine Counties

Flood
Hurricane
Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,781$33,372
Home Insurance $124$1,488
Property Taxes $462$5,544
Electricity $244$2,930
Total$3,611$43,332

Income You'd Need if You Spent...

35% on housing$123,805/yr
40% on housing$108,330/yr
45% on housing$96,293/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.5%
9.5%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 04106$342
Cumberland County$369

vs Homes Sold Last Month

Median $/sqft

ZIP 04106$333
Cumberland County$317

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-13Price change$550,000
2026-05-21Listed for sale$560,000
2025-08-06Listing removed$590,000
2025-07-28Price change$590,000
2025-05-01Listed for sale$600,000

For Sale by Agent

AgentDustin Slocum
BrokerageEngel & Völkers Brunswick

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