240 Park Avenue, Portland, ME 04102

Portland
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
240 Park Avenue,Portland, ME 04102
$699,900
  • - Beds
  • 3 Baths
  • 2,333 sq. ft.
  • Multi-family
  • Active
Office: elevate maine realty
MLS#:1684067
Source:ME_MREIS

Price summary

  • Price:$699,900
  • Price per sq. ft.:$300

About this home

**Looking for a Portland, Maine multi-family property that makes sense as both a home and an investment?** Welcome to 240 Park Avenue, a two-unit property offering six total bedrooms, three bathrooms, and the flexibility to live in one unit while generating rental income from the other, or add both units to an investment portfolio. The first-floor unit features two bedrooms, one bathroom, hardwood floors, generous natural light, and a practical layout with a spacious kitchen and ample cabinetry. Upstairs, the second unit spans two levels with four bedrooms, two bathrooms, expansive living areas, hardwood flooring, and access to a private balcony. Two distinct floor plans provide options for different rental strategies and owner-occupied living arrangements. From an investment standpoint, the property offers separately metered gas and electricity, individual water heaters, shared basement laundry, and garage storage. These existing features provide a solid starting point for buyers...

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Home facts

  • Year built:1897
  • Subdivision & Development:n/a
  • Listing ID #:1684067
  • Updated:October 23, 2026 at 12:04 PM

Rooms and interior

  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Tile, Wood
  • Basement Description:Bulkhead, Full, Unfinished
  • Living area:2,333 sq. ft.

Heating and cooling

  • Cooling:Window Unit (s)
  • Heating:Direct Vent Furnace, Gas Natural, Heating, Hot Water, Steam

Structure and exterior

  • Roof:Shingle
  • Year built:1897
  • Building area:2,333 sq. ft.
  • Lot area:0.08 Acres
  • Lot Features:Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Sidewalks
  • Architectural Style:Victorian
  • Construction Materials:Shingle Siding, Wood Frame
  • Exterior Features:Deck, Porch

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$699,900
  • Price per sq. ft.:$300
  • Tax amount:$7,610 (2025)

Parking

  • Parking description:1 - 4 Spaces, On Site, On Street, Paved
MLS LogoMREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved ME_MREIS Member Broker: Christopher Masiello

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