736 Forest Avenue, Portland, ME 04103

Portland
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
736 Forest Avenue,Portland, ME 04103
$799,000
  • - Beds
  • 4 Baths
  • 3,540 sq. ft.
  • Multi-family
  • Active
Office: elevate maine realty
MLS#:1665886
Source:ME_MREIS

Price summary

  • Price:$799,000
  • Price per sq. ft.:$225.71

About this home

High-visibility mixed-use opportunity in Portland's B-2B Mixed Use Zone, prominently positioned on the corner of Forest Ave & Pleasant Ave just north of Woodford's Corner. Offering exceptional exposure with a traffic count of approximately 35,000+ vehicles per day, the property features an 829 SF first-floor commercial corner suite--ideal for retail, office, salon/barber, or other permitted uses (see land use documents). Above the commercial space are two fully renovated and occupied residential units with separate entrances, creating immediate income potential. The second floor offers a 2BD/1BA unit (945 SF) currently rented for $2,500/month plus utilities, while the third floor features a spacious 4BD/2BA unit (1,766 SF) rented for $3,400/month plus utilities. Modern updates and strong rental demand make these units well-positioned for long-term performance. Additional highlights include off-street parking for 3 vehicles, abundant street parking, and direct access to public...

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Home facts

  • Year built:1900
  • Listing ID #:1665886
  • Updated:June 07, 2026 at 10:15 AM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:3
  • Flooring:Luxury Vinyl, Wood
  • Basement Description:Full, Interior Entry, Unfinished
  • Living area:3,540 sq. ft.

Heating and cooling

  • Heating:Direct Vent Heater, Gas Natural, Heating

Structure and exterior

  • Roof:Shingle
  • Year built:1900
  • Building area:3,540 sq. ft.
  • Lot area:0.09 Acres
  • Lot Features:Business District, 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, Poured Concrete, Stone
  • Levels:Multi Level

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$799,000
  • Price per sq. ft.:$225.71
  • Tax amount:$9,005 (2026)

Parking

  • Parking description:1 - 4 Spaces, On Site, 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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