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 cran 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

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Home facts

  • Year built:1900
  • Listing ID #:1638196
  • Updated:September 19, 2025 at 02:49 AM

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)
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