Excellent investment or owner-occupied opportunity in Portland!
Ideally located in a mixed-use zoned area close to shopping centers, restaurants, businesses, and major commuter routes, this versatile multi-unit property offers both strong rental potential and future expansion possibilities.
The first-floor unit features 3 bedrooms, while Unit 2 spans the second and third floors offering 4 bedrooms and 1.5 baths with newly added half bath space on the third floor. Recent updates throughout the property include fresh paint, refinished hardwood floors, new flooring on the third floor, updated light fixtures, basement waterproofing system, and new hybrid water heaters for each unit.
Additional improvements include a newer roof and updated siding on the garage. Coin-op washer and dryer are conveniently located in the basement for added income potential.
Situated on a corner lot with dedicated access to the garage, this property presents excellent flexibility for future use or expansion. The garage offers great potential for an office, storage space, workshop, small business setup, or additional creative use opportunities depending on buyer needs and local approvals.
Active
Price cut: $5K (7/1)
$660,000
1344 Washington Avenue, Portland, ME 04103
7beds
2,124sqft
Multi Family
Built in 1895
-- sqft lot
$653,100 Zestimate®
$311/sqft
$-- HOA
What's special
- 48 days |
- 550 |
- 24 |
Zillow last checked:
Listing updated:
Listed by:
American Real Estate
Source: Maine Listings,MLS#: 1662618
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- None
Features
- Flooring: Tile, Hardwood, Luxury Vinyl
- Basement: Doghouse,Exterior Entry,Walk-Out Access,Full,Sump Pump,Unfinished
Interior area
- Total structure area: 2,124
- Total interior livable area: 2,124 sqft
- Finished area above ground: 2,124
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Paved, 5 - 10 Spaces
- Garage spaces: 1
Lot
- Size: 6,098 Square Feet
- Features: City Lot, Near Shopping, Near Turnpike/Interstate, Corner Lot, Level, Sidewalks
Details
- Parcel number: PTLDM344BC004001
- On leased land: Yes
- Zoning: B-2b
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1895
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $311/sqft
- Tax assessed value: $404,900
- Annual tax amount: $6,078
- Date on market: 5/20/2026
Estimated market value
$653,100
$620,000 - $686,000
$2,276/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Price change | $660,000-0.8%$311/sqft |
Source: | ||
| 6/22/2026 | Price change | $665,000-0.6%$313/sqft |
Source: | ||
| 6/11/2026 | Price change | $669,000-0.9%$315/sqft |
Source: | ||
| 6/4/2026 | Price change | $675,000-0.3%$318/sqft |
Source: | ||
| 5/20/2026 | Listed for sale | $677,000-4.3%$319/sqft |
Source: | ||
| 12/1/2025 | Listing removed | $707,500$333/sqft |
Source: | ||
| 9/18/2025 | Listed for sale | $707,500+38.7%$333/sqft |
Source: | ||
| 6/21/2022 | Sold | $510,000+2%$240/sqft |
Source: | ||
| 6/20/2022 | Pending sale | $500,000-8.9%$235/sqft |
Source: | ||
| 2/2/2022 | Listing removed | -- |
Source: | ||
| 12/2/2021 | Listed for sale | $549,000$258/sqft |
Source: | ||
| 11/1/2021 | Pending sale | $549,000$258/sqft |
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| 7/30/2021 | Listed for sale | $549,000$258/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,835 | $404,900 |
| 2023 | $5,835 +5.9% | $404,900 |
| 2022 | $5,511 -0.6% | $404,900 +70.2% |
| 2020 | $5,545 | $237,900 |
| 2019 | $5,545 +3.7% | $237,900 |
| 2018 | $5,348 +3.8% | $237,900 |
| 2017 | $5,151 +2.6% | $237,900 |
| 2016 | $5,022 +2.3% | $237,900 |
| 2015 | $4,908 +3.2% | $237,900 |
| 2014 | $4,758 +3% | $237,900 |
| 2013 | $4,618 +3.1% | $237,900 |
| 2012 | $4,477 +2.9% | $237,900 |
| 2011 | $4,349 +3.1% | $237,900 |
| 2009 | $4,220 | $237,900 |
| 2008 | $4,220 +8.8% | $237,900 |
| 2006 | $3,880 | $237,900 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: North Deering
Nearby schools
GreatSchools rating
- 7/10Harrison Lyseth Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 4/10Lyman Moore Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10Casco Bay High SchoolGrades: 9-12Distance: 0.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Cumberland County
- Portland
- 04103
- North Deering
- 1344 Washington Avenue







