700 Ocean Avenue, Portland, ME 04103

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
700 Ocean Avenue,Portland, ME 04103
$830,000
  • - Beds
  • 3 Baths
  • 2,644 sq. ft.
  • Multi-family
  • Active
Listed by:daniel weber nicholas laverriere
Office:keller williams realty
MLS#:1636596
Source:ME_MREIS

Price summary

  • Price:$830,000
  • Price per sq. ft.:$313.92

About this home

Turn-Key 3-Unit in Portland, perfect for investors or owner-occupants! This beautifully updated 3-unit property in Portland is truly turn-key. Major renovations were completed in 2019, and the current owner has taken it to the next level with even more improvements. Recent upgrades include a brand-new driveway, fresh landscaping, a new roof, high-quality composite exterior stairs, energy-efficient heat pump hot water heaters, and additional insulation following a professional energy audit. This is all designed to boost efficiency and reduce operating and maintenance costs. Inside, each unit is modern, bright, and inviting with hardwood modern kitchens. The heat pumps offer high efficiency heating and cooling, keeping expenses low and cash flow strong. The location couldn't be better, tucked in a peaceful, country-like setting yet just minutes from Back Cove, downtown Portland, and I-295. Rents are strong, and with the third or first floor units able to be delivered vacant,

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Home facts

  • Year built:1904
  • Listing ID #:1636596
  • Updated:September 04, 2025 at 11:48 PM

Rooms and interior

  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,644 sq. ft.

Heating and cooling

  • Heating:Heat Pump

Structure and exterior

  • Year built:1904
  • Building area:2,644 sq. ft.
  • Lot area:0.16 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$830,000
  • Price per sq. ft.:$313.92
  • Tax amount:$7,169 (2024)
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