160 Washington Avenue, Portland, ME 04101

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
160 Washington Avenue,Portland, ME 04101
$1,495,000
  • - Beds
  • 5 Baths
  • 4,732 sq. ft.
  • Multi-family
  • Active
Listed by: fred andrews
Office: spectrum real estate
MLS#:1622196
Source:ME_MREIS

Price summary

  • Price:$1,495,000
  • Price per sq. ft.:$315.93

About this home

Turnkey 5-Unit Investment in Prime Munjoy Hill Location! Seasoned investors know the value of location, layout, and low-maintenance assets—this property checks all the boxes. Situated at the base of Munjoy Hill, one of Portland's most desirable and appreciating neighborhoods, this well-maintained five-unit building offers a solid, income-generating opportunity. All five units are two-bedrooms, a consistently high-demand layout that attracts long-term tenants. Interiors are efficiently designed, with spacious living areas, functional kitchens, and ample natural light—units that rent easily and retain well. The building has been well cared for, minimizing deferred maintenance and immediate capex needs. Off-street parking adds a competitive edge in this urban market, boosting tenant satisfaction and retention. The location is a key asset: walkable to local dining, coffee shops, artisan retail, and the Eastern Promenade. Public transportation access and proximity to downtown further

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Home facts

  • Year built:1985
  • Listing ID #:1622196
  • Updated:February 10, 2026 at 04:34 PM

Rooms and interior

  • Total bathrooms:5
  • Full bathrooms:5
  • Living area:4,732 sq. ft.

Heating and cooling

  • Heating:Baseboard, Forced Air, Hot Water

Structure and exterior

  • Year built:1985
  • Building area:4,732 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,495,000
  • Price per sq. ft.:$315.93
  • Tax amount:$11,167 (2024)
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