481 Cumberland Avenue, Portland, ME 04101

Portland
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
481 Cumberland Avenue,Portland, ME 04101
$1,200,000
  • - Beds
  • 5 Baths
  • 4,086 sq. ft.
  • Multi-family
  • Pending
Office: vitalius real estate group, llc.
MLS#:1676051
Source:ME_MREIS

Price summary

  • Price:$1,200,000
  • Price per sq. ft.:$293.69

About this home

Welcome to 481 Cumberland: a brick 4-unit with its own private parking lot and move-in ready units, an increasingly hard-to-find combination in Portland. The largest unit is two floors with 2 bedrooms and a den, 1.5 baths, and in-unit laundry. The other three units are trendy 1 bds with lofty ceilings, hardwood floors and authentic historic details. Two of the units have been used as Short Term Rentals, generating significant income for the owners. This property will be delivered vacant, creating maximum flexibility and upside to the buyer. Owner occupants are not rent restricted by Portland's Rent Control - so the buyer can live in one unit and rent the other three at market rate.

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Home facts

  • Year built:1866
  • Listing ID #:1676051
  • Updated:September 28, 2026 at 09:51 PM

Rooms and interior

  • Total bathrooms:5
  • Full bathrooms:4
  • Flooring:Tile, Wood
  • Basement Description:Brick/Mortar, Doghouse, Full, Interior Entry, Unfinished
  • Living area:4,086 sq. ft.

Heating and cooling

  • Heating:Heating, Oil, Radiator, Steam, Zoned

Structure and exterior

  • Roof:Shingle
  • Year built:1866
  • Building area:4,086 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Intown, Level, Near Public Transit, Open Lot, Sidewalks
  • Construction Materials:Brick, Masonry

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,200,000
  • Price per sq. ft.:$293.69
  • Tax amount:$14,292 (2026)

Features and amenities

  • Laundry features:Washer Hookup

Parking

  • Parking description:5 - 10 Spaces, Gravel, Off street, On Site
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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