1638 Forest Avenue, Portland, ME 04103

Portland
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
1638 Forest Avenue,Portland, ME 04103
$999,000
  • - Beds
  • 3 Baths
  • 2,533 sq. ft.
  • Multi-family
  • Active
Listed by: john tompkins, jenna segal
Office: the atlantic real estate network
MLS#:1641961
Source:ME_MREIS

Price summary

  • Price:$999,000
  • Price per sq. ft.:$394.39

About this home

A unique opportunity for investors or developers—this property includes a well-maintained two-family home plus an additional lot for a combined total of almost 2.8 acres. The current owner has already been in contact with the city, and there's potential to build multiple new homes (buyers encouraged to perform due diligence). The existing two-unit features classic charm with hardwood floors, high ceilings, original moldings, decks, and porches. Enjoy solid rental income or owner-occupy while exploring future development possibilities. A property with this much space and flexibility doesn't come around often!

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Home facts

  • Year built:1920
  • Listing ID #:1641961
  • Updated:March 28, 2026 at 02:56 PM

Rooms and interior

  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Wood
  • Bathrooms Description:Bathtub
  • Bedroom Description:1st Floor Bedroom
  • Basement Description:Brick/Mortar, Bulkhead
  • Living area:2,533 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1920
  • Building area:2,533 sq. ft.
  • Lot area:2.79 Acres
  • Lot Features:Level, Near Golf Course, Near Public Transit, Near Town, Near Turnpike/Interstate, Open, Sidewalks, Wooded
  • Architectural Style:Victorian
  • Construction Materials:Vinyl Siding, Wood Frame
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$999,000
  • Price per sq. ft.:$394.39
  • Tax amount:$7,491 (2024)

Parking

  • Parking description:11 - 20 Spaces, Off street, Paved
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