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...
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Home facts
- Year built:1900
- Listing ID #:1638196
- Updated:March 28, 2026 at 02:56 PM
Rooms and interior
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Flooring:Wood
- Basement Description:Full, Unfinished
- 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
- Lot Features:Corner Lot, Near Public Transit, Near Shopping, Near Town, Near Turnpike/Interstate, Neighborhood, Sidewalks
- Architectural Style:New Englander
- Construction Materials:Aluminum Siding, Wood Frame
- Foundation Description:Brick/Mortar, Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$899,000
- Price per sq. ft.:$253.95
- Tax amount:$9,005 (2026)
Parking
- Parking description:1 - 4 Spaces, On Site, Paved
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