Active under contract

Price cut: $250K (8/2)

$899,000

1041 Ocean Avenue, Portland, ME 04103

3beds

1,038sqft

$6,101/mo

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Single Family Residence

Built in 1938

0.54 Acres Lot

$853,800 Zestimate^®

$866/sqft

$-- HOA

What's special

Detached commercial garageMultiple bedrooms and bathroomsWell maintained single-family homeLarge finished upper-level space

Hard-to-find property featuring industrial zoning with broad potential applications. This property would also serve as an excellent development site for either commercial or residential. This well maintained single-family home includes a detached commercial garage with a large finished upper-level space complete with multiple bedrooms and bathrooms, a kitchen and open living room. This space is currently not permitted as a legal unit. Conveniently located just minutes from I-295, offering easy access for commuters, contractors or business owners alike. Relocate or establish your business here or bring your vision to this site!

150 days
129
3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Bedroom 1

Level: First

Bedroom 2

Level: Second

Bedroom 3

Level: Second

Dining room

Level: First

Kitchen

Level: First

Living room

Level: First

Heating

Baseboard, Hot Water

Cooling

None

Appliances

Included: Dishwasher, Microwave, Electric Range, Refrigerator

Features

1st Floor Bedroom
Flooring: Tile, Bamboo
Basement: Interior Entry,Full
Has fireplace: No

Interior area

Total structure area: 1,038
Total interior livable area: 1,038 sqft
Finished area above ground: 1,038
Finished area below ground: 0

Property

Parking

Total spaces: 3
Parking features: Paved, 11 - 20 Spaces, On Site, Detached
Garage spaces: 3

Features

Levels: Multi/Split
Patio & porch: Deck

Lot

Size: 0.54 Acres
Features: Near Town, Level

Details

Parcel number: PTLDM415BB002001
Zoning: I-M

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Materials

Wood Frame, Vinyl Siding
Foundation: Poured Concrete
Roof: Shingle

Condition

Year built: 1938

Utilities & green energy

Electric: Circuit Breakers
Sewer: Private Sewer
Water: Public

Community & HOA

Location

Region: Portland

Financial & listing details

Price per square foot: $866/sqft
Tax assessed value: $330,600
Annual tax amount: $7,522
Date on market: 5/11/2026
Road surface type: Paved

Estimated market value

$853,800

$811,000 - $896,000

$2,939/mo

Price history

Date	Event	Price
9/29/2026	Contingent	$899,000$866/sqft
Source: Maine Listings #1661517 Report a problem
8/2/2026	Price change	$899,000-21.8%$866/sqft
Source: Maine Listings #1661517 Report a problem
5/11/2026	Listed for sale	$1,149,000+369.2%$1,107/sqft
Source: Maine Listings #1661517 Report a problem
8/5/2011	Listing removed	$244,900$236/sqft
Source: E to P LLC, dba Keller Williams Realty #1001305 Report a problem
6/30/2011	Price change	$244,900-1.6%$236/sqft
Source: E to P LLC, dba Keller Williams Realty #1001305 Report a problem
1/29/2011	Price change	$249,000-14.1%$240/sqft
Source: E to P LLC, dba Keller Williams Realty #1001305 Report a problem
11/20/2010	Price change	$289,900-3.3%$279/sqft
Source: E to P LLC, dba Keller Williams Realty #976558 Report a problem
8/1/2010	Price change	$299,900-1.6%$289/sqft
Source: Keller Williams Realty #976558 Report a problem
7/10/2010	Price change	$304,900-3.2%$294/sqft
Source: Regency Realty Group #976558 Report a problem
5/24/2010	Listed for sale	$314,900$303/sqft
Source: Regency Realty Group #976558 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$4,764	$330,600
2023	$4,764 +5.9%	$330,600
2022	$4,499 -9.2%	$330,600 +55.5%
2020	$4,956	$212,600
2019	$4,956 +3.7%	$212,600
2018	$4,779 +3.8%	$212,600
2017	$4,603 +2.6%	$212,600
2016	$4,488 +2.3%	$212,600
2015	$4,386 +3.2%	$212,600
2014	$4,252 +3%	$212,600
2013	$4,127 +3.1%	$212,600
2012	$4,001 +3%	$212,600
2011	$3,886 +3%	$212,600
2009	$3,772	$212,600
2008	$3,772 +8.8%	$212,600
2006	$3,468	$212,600