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Active under contract
    • $505,000

    1435 Forest Avenue, Portland, ME 04103

    3beds
    1baths
    2,910sqft
    : 
    $3,457/mo
    Get pre-qualified
    Multi Family
    Built in 1923
    -- sqft lot
    $481,900 Zestimate®
    $174/sqft
    $-- HOA

    What's special

    Ground floor store front
    Excellent opportunity to own a mixed used building with high visibility in downtown Portland! Whether you're an owner-user ready to launch your business, or an investor seeking turnkey cash flow with upside this property checks every box! Ground floor store front, with 3 bed apartment above. Includes an additional finished space for storage or break room.
    86 days
    300
    13

    Zillow last checked:

    Listing updated:

    Listed by:

    Better Homes & Gardens Real Estate/The Masiello Group 2072813837

    Source: Maine Listings,MLS#: 1646140MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      Heating
      • Direct Vent Furnace, Forced Air, Heat Pump
      Cooling
      • None
      Features
      • Flooring: Carpet, Laminate, Tile, Vinyl
      • Basement: Interior Entry,Brick/Mortar
      Interior area
      • Total structure area: 2,910
      • Total interior livable area: 2,910 sqft
      • Finished area above ground: 2,910
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Paved, 1 - 4 Spaces
      Lot
      • Size: 7,405 Square Feet
      • Features: City Lot, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Level, Sidewalks
      Details
      • Zoning: D3
      • Other equipment: Other

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: New Englander,Other
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Wood Siding
      • Roof: Shingle
      Condition
      • Year built: 1923

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Portland

      Financial & listing details

      • Price per square foot: $174/sqft
      • Annual tax amount: $7,529
      • Date on market: 9/18/2026
      • Road surface type: Paved

        Estimated market value

        $481,900

        $458,000 - $506,000

        $2,010/mo

        Price history

        DateEventPrice
        10/5/2026Contingent$505,000$174/sqft
        Source: Maine Listings #1646140 Report a problem
        7/14/2026Listed for sale$505,000$174/sqft
        Source: Maine Listings #1646140 Report a problem
        7/1/2026Listing removed$505,000$174/sqft
        Source: Maine Listings #1646140 Report a problem
        6/20/2026Price change$505,000-4.5%$174/sqft
        Source: Maine Listings #1646140 Report a problem
        6/8/2026Price change$529,000-3.8%$182/sqft
        Source: Maine Listings #1646140 Report a problem
        5/26/2026Price change$550,000-4.3%$189/sqft
        Source: Maine Listings #1646140 Report a problem
        5/11/2026Price change$575,000-4%$198/sqft
        Source: Maine Listings #1646140 Report a problem
        4/3/2026Price change$599,000-4.2%$206/sqft
        Source: Maine Listings #1646140 Report a problem
        12/10/2025Listed for sale$625,000+5%$215/sqft
        Source: Maine Listings #1646140 Report a problem
        7/1/2025Sold$595,000-0.8%$204/sqft
        Source: Maine Listings #1621505 Report a problem
        6/11/2025Pending sale$599,900$206/sqft
        Source: Maine Listings #1621505 Report a problem
        5/8/2025Listed for sale$599,900-4%$206/sqft
        Source: Maine Listings #1621505 Report a problem
        6/7/2024Sold$625,000-3.8%$215/sqft
        Source: Maine Listings #1577078 Report a problem
        3/22/2024Pending sale$649,900$223/sqft
        Source: Maine Listings #1577078 Report a problem
        1/16/2024Price change$649,900-7.1%$223/sqft
        Source: Maine Listings #1577078 Report a problem
        11/9/2023Listed for sale$699,900+63.6%$241/sqft
        Source: Maine Listings #1577078 Report a problem
        4/5/2018Listing removed$427,900$147/sqft
        Source: Coldwell Banker Residential Brokerage - Portland #1328736 Report a problem
        10/5/2017Listed for sale$427,900$147/sqft
        Source: Coldwell Banker Residential Brokerage - Portland #1328736 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        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.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Riverton

        Getting around

        52 / 100
        Somewhat Walkable
        34 / 100
        Some Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

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