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705 Riverside Street, Portland, ME, 04103

2beds
2baths
1,384sqft
$425,000
$307price/sqft
$2,994/moest. monthly cost
$119,760/yrincome needed

About This Home

Classic 1930s Gambrel brimming with charm, character, and opportunity in a convenient Portland location! This property is being offered for the first time since 1988. This inviting two-story home offers approximately1,384 square feet of living space with 2 bedrooms and 2 full bathrooms on a manageable 0.13-acre lot. Hardwood, tile, and vinyl flooring complement the functional layout, creating comfortable spaces for everyday living while preserving the timeless appeal of this classic home. The very private, fully fenced backyard is a true retreat, offering the perfect space for pets, gardening, outdoor entertaining, or simply relaxing in your own secluded oasis. Conveniently located just minutes from Portland's shopping, restaurants, parks, trails, schools, and major commuter routes, you'll enjoy easy access to everything the city has to offer. While some updating will allow you to add your own style and finishes, this home offers solid bones, lasting character, and tremendous potential to build equity. Whether you're a first-time homebuyer, looking to downsize, or searching for your next investment opportunity, 705 Riverside Street is ready for your vision. Bring your ideas and make this charming Gambrel your own!

Getting Around

47
WalkingCar-Dependent
29
TransitSome Transit
42
BikeSomewhat Bikeable

Schools

6/10
Lincoln Middle SchoolGrades 6-82.1 mi
5/10
Casco Bay High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1930

Materials

  • Foundation: Block,Poured Concrete
  • Roof: Metal
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Dutch Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Range,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Bulkhead,Interior Entry,Sump Pump,Unfinished

Bedroom1

  • Features: Vaulted Ceiling(s)
  • Level: Second

Bedroom2

  • Features: Vaulted Ceiling(s)
  • Level: Second

Bedrooms & Bathrooms

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

Dining Room

  • Level: First

Features

  • Bathtub,Shower
  • Flooring: Tile,Vinyl,Hardwood
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,384

Heating & Cooling

  • Heating features: Baseboard,Direct Vent Heater
  • Cooling features: None

Interior Area

  • Total structure area: 1,384
  • Total interior livable area: 1,384 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Mud Room

  • Level: First

Sunroom

  • Level: First

Property

Details

  • Parcel number: PTLDM324BA004001
  • Zoning: RN-5
  • Exclusions: None

Features

  • Patio & porch: Deck,Glassed-in Porch
  • Exterior features: Animal Containment System

Lot

  • Lot size: 5,662 sqft
  • Features: Near Golf Course,Near Shopping,Near Turnpike/Interstate,Near Town,Near Railroad,Level,Sidewalks,Landscaped

Parking

  • Parking features: Paved,5 - 10 Spaces

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
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Ice Storm
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 $2,149$25,788
Home Insurance $98$1,176
Property Taxes $503$6,036
Electricity $244$2,930
Total$2,994$35,928

Income You'd Need if You Spent...

35% on housing$102,651/yr
40% on housing$89,820/yr
45% on housing$79,840/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

$307This listing

vs Other Active Listings

Avg $/sqft

ZIP 04103$312
Cumberland County$369

vs Homes Sold Last Month

Median $/sqft

ZIP 04103$337
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
2026-07-07Listed for sale$425,000

For Sale by Agent

AgentMichael Snell
BrokerageExcellence Realty

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