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14 Devon Street, Portland, ME, 04102

4beds
2baths
2,487sqft
$725,000
$292price/sqft
$5,105/moest. monthly cost
$204,200/yrincome needed

About This Home

This circa 1900 New Englander two-unit offers classic charm and sits on a generous 12,000± sq ft lot in Portland's convenient Nason's Corner neighborhood. Ideally located close to everything, it is within walking distance to local schools, The Sinful Kitchen, Applebee's, a neighborhood corner store, and the Lowe's shopping center. Owned by the same family for decades, the property is being offered as-is and presents excellent potential. It is the perfect multi-generational home with room for a nanny or in-laws. With City approval, the existing addition might be converted into an ADU or two additional bedrooms for the first-floor unit, creating a four-bedroom apartment. Another possible use for the addition, also with City permission, is an in-home occupation such as a hair salon or office. The first-floor apartment features two bedrooms, an eat-in kitchen, a living room, and basement access. It is heated by oil, with the tenant responsible for oil and electricity. The second-floor apartment, which includes the third floor, offers two or three bedrooms, a living room, dining room, and kitchen, along with basement access. This unit is heated by a propane monitor, with the tenant paying for propane and electricity. Additional highlights include ample off-street parking and a two-car garage, making this a great opportunity for owner occupancy or investment. Some updating needed but this property has great potential. Commercial developers should ask about additional units.

Getting Around

52
WalkingSomewhat Walkable
27
TransitSome Transit
68
BikeBikeable

Schools

4/10
Amanda C Rowe SchoolGrades PK-50.3 mi
6/10
Lincoln Middle SchoolGrades 6-81.0 mi
2/10
Deering High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Brick/Mortar
  • Roof: Fiberglass
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: New Englander
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Bulkhead,Interior Entry,Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • 1st Floor Bedroom,Bathtub,In-Law Floorplan,One-Floor Living,Shower,Storage
  • Flooring: Vinyl,Wood
  • Finished area below ground: 0
  • Finished area above ground: 2,487

Heating & Cooling

  • Heating features: Direct Vent Heater,Hot Water
  • Cooling features: None

Interior Area

  • Total structure area: 2,487
  • Total interior livable area: 2,487 sqft

Property

Details

  • Parcel number: PTLDM284BA026001
  • Zoning: RN3

Features

  • Stories: 3
  • Patio & porch: Porch

Lot

  • Lot size: 0.27 Acres
  • Features: Near Turnpike/Interstate,Near Town,Neighborhood,Level

Parking

  • Total spaces: 2
  • Parking features: Paved,1 - 4 Spaces,On Site
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 $3,665$43,980
Home Insurance $221$2,652
Property Taxes $858$10,296
Electricity $361$4,338
Total$5,105$61,260

Income You'd Need if You Spent...

35% on housing$175,028/yr
40% on housing$153,150/yr
45% on housing$136,133/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

$292This listing

vs Other Active Listings

Avg $/sqft

ZIP 04102$468
Cumberland County$369

vs Homes Sold Last Month

Median $/sqft

ZIP 04102$397
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
2026-05-08Listed for sale$775,000
2021-03-24Listing removed--
2019-08-14Listing removed$1,250
2019-08-02Listed for rent$1,250

For Sale by Agent

BrokerageHarborCity Realty

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