583 Washington Avenue #3, Portland, ME 04103

Portland
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
583 Washington Avenue #3,Portland, ME 04103
$1,050,000
Virtual Tour
  • - Beds
  • 3 Baths
  • 4,107 sq. ft.
  • Multi-family
  • Active
Office: coldwell banker realty207-773-1990
MLS#:1682008
Source:ME_MREIS

Price summary

  • Price:$1,050,000
  • Price per sq. ft.:$255.66

About this home

A classic Portland triple decker in the East Deering neighborhood, offering a rare dual opportunity: strong rental income for investors, or immediate move-in potential for owner-occupants (second floor has been left vacant) looking to offset their mortgage with rental income. The numbers: a strong existing rent roll of $8,240 per month, plus coin-operated laundry income of $1k per year, with 11 off-street parking spaces on site — a major advantage in Portland. Built in 1900 and spanning 4,107 total square feet, all three units share an unusually generous layout, each with three bedrooms, one bathroom, a living room, dining room, kitchen, pantry, private storage, and outdoor porches for 2 of the units — giving tenants comfortable, functional living space that's increasingly hard to find. Hardwood floors run throughout, and updated kitchens add lasting value across all three units. The building has been well maintained, with all major systems — including the roof and complete...

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Home facts

  • Year built:1900
  • Subdivision & Development:NA
  • Listing ID #:1682008
  • Updated:September 29, 2026 at 03:58 AM

Rooms and interior

  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Hardwood, Tile
  • Bathrooms Description:Bathtub, Shower
  • Kitchen Description:Pantry
  • Bedroom Description:1st Floor Bedroom
  • Basement Description:Bulkhead, Exterior Entry, Finished, Full, Interior Entry
  • Living area:4,107 sq. ft.

Heating and cooling

  • Heating:Heating, Oil, Steam

Structure and exterior

  • Roof:Membrane
  • Year built:1900
  • Building area:4,107 sq. ft.
  • Lot area:6156 Acres
  • Lot Features:Landscaped, Near Public Transit, Near Shopping, Near Turnpike/Interstate, Neighborhood, Sidewalks, Suburban
  • Architectural Style:Victorian
  • Construction Materials:Vinyl Siding, Wood Frame
  • Exterior Features:Porch
  • Foundation Description:Granite
  • Levels:Multi Level

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,050,000
  • Price per sq. ft.:$255.66
  • Tax amount:$10,897 (2026)

Features and amenities

  • Laundry features:Laundry - Coin
  • Amenities:Storage

Parking

  • Parking description:11 - 20 Spaces, 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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