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  • Price cut: $50K (7/17)
    $1,750,000

    123 Cumberland Avenue, Portland, ME 04101

    5beds
    3,667sqft
    : 
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    Multi Family
    Built in 1866
    -- sqft lot
    $-- Zestimate®
    $477/sqft
    $-- HOA

    What's special

    Historic charmTwo drivewaysPrivate entrancesContemporary designHigh ceilingsRestored marble fireplaceIntricate tile work
    This redesigned downtown three-unit is a rare gem--where historic charm blends with contemporary design. Step through the classic double doors and into a foyer with a modern twist. Up the curved staircase, a 3 bedroom, 2.5 bath owner's penthouse awaits with unobstructed views of Back Cove. Waterfall countertops on the island, Wolf appliances, expansive windows, and intricate tile work display choice luxury in an open-plan kitchen living floor. Primary en-suite is on trend with built-in storage, walk-in closet, floor to ceiling tiled bath with private deck and hot tub. Each unit offers its own sense of style and sophistication with thoughtful details. The first-floor flat offers curved front windows, with a restored marble fireplace, high ceilings, and a modern kitchen--ideal for city dwellers who crave both character and comfort. Around the side of the building, the garden-level unit is a cozy retreat with radiant heat, exposed brick and stonework, and all the quiet charm you would hope for in a downtown escape with a park-like, enclosed landscape. Overarching amenities include: heat pumps for efficient comfort, two driveways, in unit laundry and private entrances. Every trim detail, fence line, and overhang was thoughtfully designed to create a one-of-a-kind property. Whether you're an investor or a homeowner, this truly can be your oasis in the City. Welcome to real luxury.
    63 days
    |
    717
    |
    60
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Portside Real Estate Group

    Source: Maine Listings,MLS#: 1662395MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      Heating
      • Heat Pump, Hot Water, Radiant
      Cooling
      • Heat Pump
      Features
      • 1st Floor Bedroom, Walk-In Closet(s), Primary Bedroom w/Bath
      • Flooring: Tile, Wood
      • Basement: Exterior Entry,Walk-Out Access,Finished,Full
      • Number of fireplaces: 2
      Interior area
      • Total structure area: 3,667
      • Total interior livable area: 3,667 sqft
      • Finished area above ground: 2,907
      • Finished area below ground: 760

      Property

      Parking
      • Parking features: Paved, 1 - 4 Spaces, On Site
      Features
      • Patio & porch: Deck, Patio, Porch
      • Has spa: Yes
      • Body of water: Casco Bay via Back Cove
      Lot
      • Size: 4,791 Square Feet
      • Features: City Lot, Near Shopping, Near Turnpike/Interstate, Sidewalks, Landscaped
      Details
      • Additional structures: Shed(s)
      • Parcel number: PTLDM013BD016001
      • Zoning: RN-4

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: New Englander
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Clapboard, Vertical Siding, Wood Siding
      • Roof: Membrane,Shingle
      Condition
      • Year built: 1866

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Portland

      Financial & listing details

      • Price per square foot: $477/sqft
      • Tax assessed value: $932,300
      • Annual tax amount: $15,468
      • Date on market: 5/15/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/17/2026Price change$1,750,000-2.8%$477/sqft
        Source: Maine Listings #1662395 Report a problem
        5/15/2026Listed for sale$1,800,000-7.7%$491/sqft
        Source: Maine Listings #1662395 Report a problem
        10/14/2025Listing removed$1,950,000$532/sqft
        Source: Maine Listings #1623320 Report a problem
        9/2/2025Price change$1,950,000-17%$532/sqft
        Source: Maine Listings #1623320 Report a problem
        5/20/2025Listed for sale$2,350,000+351.9%$641/sqft
        Source: Maine Listings #1623320 Report a problem
        6/28/2017Sold$520,000+0%$142/sqft
        Source: Maine Listings #1303469 Report a problem
        5/9/2017Price change$519,900-5.5%$142/sqft
        Source: RE/MAX Oceanside #1303469 Report a problem
        4/26/2017Listed for sale$549,900+20.9%$150/sqft
        Source: RE/MAX Oceanside #1303469 Report a problem
        11/11/2016Listing removed$454,900$124/sqft
        Source: Owner Report a problem
        10/20/2016Price change$454,900-8.1%$124/sqft
        Source: Owner Report a problem
        8/20/2016Listed for sale$495,000$135/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$13,434 $932,300
        2023$13,434 +5.9%$932,300
        2022$12,689 +54.2%$932,300 +164%
        2020$8,231 +24.3%$353,100 +24.3%
        2019$6,620 +33.4%$284,000 +28.6%
        2018$4,964 +3.8%$220,800
        2017$4,780 +2.6%$220,800
        2016$4,661 +2.3%$220,800
        2015$4,555 +3.1%$220,800
        2014$4,416 +3%$220,800
        2013$4,286 +3.2%$220,800
        2012$4,155 +7.8%$220,800 +4.7%
        2011$3,853 -1.6%$210,800 -4.5%
        2009$3,917 $220,800
        2008$3,917 +8.8%$220,800
        2006$3,601 $220,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: East Bayside-India Street

        Getting around

        97 / 100
        Walker's Paradise
        52 / 100
        Good Transit
        80 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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