736 Forest Avenue, Portland, ME 04103
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
736 Forest Avenue,Portland, ME 04103
$899,000
- - Beds
- 4 Baths
- 3,540 sq. ft.
- Multi-family
- Active
Listed by: melanie crane michael navarro
Office: elevate maine realty
MLS#:1638196
Source:ME_MREIS
Price summary
- Price:$899,000
- Price per sq. ft.:$253.95
About this home
High-visibility property in the Mixed Use Zone B-2B, located on the corner of Forest Ave & Pleasant Ave, just north of Woodford's Corner. The property offers a first-floor 829 SF commercial corner suite with approx 35,000+ cars/day traffic count - ideal for retail, office, salon/barber, and other permitted uses (see land use docs).
The upper levels contain two vacant, fully renovated residential units with separate entrances: a 2BD/1BA (945 SF, projected rent $2,750/month) and a 4BD/2BA (1,766 SF, projected rent $3,9000/month). Strong rental demand and modern finishes position these units for immediate occupancy. Additional features include off-street parking for 3 vehicles, abundant street parking, and direct access to public transportation.
Strategic location minutes from I-295 and downtown Portland, and within half a mile of Back Cove, Stevens Ave Deering neighborhood (Norimoto Bakery, Rambler Café, Pat's Meat Market), and Woodfords Corner amenities. A flexible investment opportunity suitable for owner-occupiers or investors seeking a mixed-use property with strong signage visibility and cash flow potential.
Also listed as COMMERCIAL MLS#: 1638190
Contact an agent
Home facts
- Year built:1900
- Listing ID #:1638196
- Updated:November 10, 2025 at 05:32 PM
Rooms and interior
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Living area:3,540 sq. ft.
Heating and cooling
- Heating:Direct Vent Heater
Structure and exterior
- Year built:1900
- Building area:3,540 sq. ft.
- Lot area:0.09 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$899,000
- Price per sq. ft.:$253.95
- Tax amount:$9,005 (2026)
New listings near 736 Forest Avenue
- New
$699,999Active3 beds 4 baths2,543 sq. ft.11 Osprey Terrace #11, Portland, ME 04103
MLS# 1643064Listed by: CENTURY 21 NORTH EAST - New
$650,000Active-- beds 5 baths3,988 sq. ft.10 Walker Street, Portland, ME 04102
MLS# 1643059Listed by: CORE - New
$875,000Active4 beds 3 baths2,974 sq. ft.37 Wellington Road, Portland, ME 04103
MLS# 1643047Listed by: BENCHMARK REAL ESTATE - Coming Soon
$845,000Coming Soon4 beds 3 baths1 Ponce Street, Portland, ME 04101
MLS# 1643034Listed by: PORTSIDE REAL ESTATE GROUP - New
$425,000Active3 beds 1 baths1,355 sq. ft.18 Ninth Street, Portland, ME 04103
MLS# 1643026Listed by: MARSDEN REAL ESTATE - New
$689,000Active4 beds 2 baths2,122 sq. ft.24 Pineloch Drive, Portland, ME 04103
MLS# 1643019Listed by: CENTURY 21 NORTH EAST - New
$1,050,000Active-- beds 5 baths3,104 sq. ft.207 State Street, Portland, ME 04101
MLS# 1643006Listed by: GARDNER REAL ESTATE GROUP - New
$439,900Active3 beds 1 baths1,488 sq. ft.30 Sanborn Street, Portland, ME 04103
MLS# 1642993Listed by: KELLER WILLIAMS REALTY - New
$620,000Active3 beds 2 baths1,756 sq. ft.367 Palmer Avenue, Portland, ME 04103
MLS# 1642982Listed by: RE/MAX SHORELINE - New
$395,000Active2 beds 2 baths1,000 sq. ft.55 Lambert Street #20, Portland, ME 04103
MLS# 1642986Listed by: COLDWELL BANKER REALTY