#1626196, Listing office: Coldwell Banker Realty
$450,000 List price
242 Ludlow St Portland, ME 04102
4 beds
1 full, 1 partial
1,902 sqft
0.2 acres
House
Property details
About 242 Ludlow St
Opportunity awaits! This spacious four-plus bedroom colonial is located in Deering Center, one of Portland's most sought-after neighborhoods. Offered for the first time in 55 years, this home is waiting for a new owner to make it shine. It features hardwood floors throughout, a woodburning fireplace and flexible layout. The first floor offers formal living and dining rooms, a spacious kitchen, a large den that could be a 1st floor bedroom, if desired, and a half bath. On the second floor are four large bedrooms and full bath. Additional features include ample closet space, and a newer Boderus boiler and water heater. Set on an oversized lot there are many perennials, including a strawberry patch, asparagus, and peonies just waiting for someone with a green thumb to tend to. Located moments from Portland trails, coffee shops, restaurants, the Burbank library, and neighborhood schools. This property has great bones and could become a wonderful home for the next owners at a price rarely seen in Portland.
Highlights
Home typeSingle Family Residence
HeatingHot Water, Baseboard
StatusActive Under Contract
Size1,902 sqft
BasementYes
Lot size0.2 Acres
Year built1960
Parking1 - 4 Spaces, Paved
MLS #1630158
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Washer, Refrigerator, Electric Range
- Basement: Yes
- Flooring Type: Wood, Vinyl
- Interior: 1st Floor Bedroom, Bathtub, Shower, Storage
- Total Bedroom Count: 4
- Attached Garage: No
- Parking: 1 - 4 Spaces, Paved
- Architectural Style: Colonial
- Heating: Hot Water, Baseboard
- Cooling: None
- List Price: $450,000
- Annual Tax Amount: $5,003
- Tax Year: 2024
- Lot: Open Lot, Sidewalk, Neighborhood, Near Public Transit
- Year Built: 1960
- Living Area: 1,902 SqFt
- Lot Size: 0.2 Acres
- MLS Number: 1630158
- MLS Name: Maine Listings
- Office Name: Portside Real Estate Group
- Office Phone: (207) 747-4236
- Office Email: dava@portsidereg.com
Disclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright © 2025 Maine Real Estate Information System, Inc. All Rights Reserved. 
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $333,300 | $5,003 |
| 2023 | $333,300 | $4,803 |
| 2021 | $333,300 | $4,330 |
| 2020 | $208,900 | $4,869 |
| 2019 | $208,900 | $4,869 |
History based on county public records data.
Nearby schools
3
Amanda C Rowe School
Public District PK-5
0.7 mi
•23 Orono Rd
4
Ocean Avenue
Public District KG-5
1.0 mi
•150 Ocean Ave
2
Gerald E Talbot Community School
Public District PK-5
1.5 mi
•1600 Forest Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $62,231. Typical income of Portland, ME residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
25%
<35k
51%
35k-100k
19%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
49%
Single, No Kids
8%
Single, with Kids
25%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
7%
12-17 yrs old
20%
18-34 yrs old
47%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Symphony or Opera
Yoga/pilates
Where do the neighbors shop?
Nordstrom Rack
Chico's
H&M
Where do the neighbors go to eat?
Chipotle
Boston Market
Dominos Pizza
What do the neighbors drive?
Mazda
Volvo
Audi
What do the neighbors listen to?
Rock
Talk/Personality
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 242 Ludlow St
The listing price of 242 Ludlow St property is $450,000.
The property 242 Ludlow St is a house located in Portland, Maine, 04102.
Active Under Contract: 242 Ludlow St is Active Under Contract, there is still a chance to have your real estate agent submit an offer.
The nearby schools for 242 Ludlow St are: Amanda C Rowe School (GreatSchools Rating 3/10), Ocean Avenue (GreatSchools Rating 4/10), Gerald E Talbot Community School (GreatSchools Rating 2/10), Lincoln Middle School (GreatSchools Rating 4/10), King Middle School (GreatSchools Rating 2/10), Lyman Moore Middle School (GreatSchools Rating 3/10), Deering High School (GreatSchools Rating 2/10), Casco Bay High School (GreatSchools Rating 4/10), Baxter Academy for Tech & Sciences (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $5,003 (source: MLS/based on county public records data).
The property at 242 Ludlow St has 4 bedrooms and 1 full and 1 half bathrooms.
The property 242 Ludlow St is 1,902 SqFt (source: MLS/tax record).
The year of construction for 242 Ludlow St is 1960.
This home is located at 242 Ludlow St in Portland, ME and zip code 04102 in the Deering Center neighborhood. This 1,902 square foot home, which was built in 1960, sits on a 0.20 acre lot. Features: 4 bedrooms, 2 bathrooms. It is currently priced at $450,000.
From Rocket Homes Real Estate and based on county public records data.