OPPORTUNITY: $299,000! This is an almost unbelievable value in Portland's highly desirable Back Cove neighborhood. 150-154 Murray Street combines a single-family home and adjoining lot, creating a rare double-lot offering totaling just under .4 acres. At this price, the opportunity is extraordinary—the value of the two lots alone approaches the asking price. Renovate the existing home and build immediate equity, explore the potential of the adjoining lot, or create a generous in-town property with exceptional outdoor space and room to grow. LOCATION: Tucked away on a quiet dead-end street, the setting feels peaceful and removed while everything is remarkably close. Walk to Monte's Fine Foods and Tipo, with The Roux Institute, Woodfords Corner and its shops and restaurants just minutes away. Downtown Portland is also only minutes from your door. Add in that the home is walkable to Ocean Elementary and Cheverus High School for a location that can't be beat. RECREATION: Payson Park and Portland Trails are nearby, offering year-round recreation from trail running and mountain biking to tennis, pickle ball, baseball and more. VALUE: This is a rare opportunity for someone ready to roll up their sleeves, an investor looking for a value-add project, or a buyer seeking land, flexibility and tremendous upside in Portland. Property is being sold AS IS. GROUP SHOWINGS ONLY: Friday, September 4; Saturday, September 5; and Tuesday, September 8, from 10-12. Offers due Wednesday, September 9, at 5:00.
Active
$299,000
150-154 Murray Street, Portland, ME 04103
3beds
1,121sqft
Single Family Residence
Built in 1960
0.36 Acres Lot
$-- Zestimate®
$267/sqft
$-- HOA
What's special
- 1 day
- 1,609
- 169
Zillow last checked:
Listing updated:
Listed by:
Benchmark Real Estate
Source: Maine Listings,MLS#: 1678967
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: First
Bedroom 2
- Level: First
Bedroom 3
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Baseboard, Hot Water, Wood Stove
Cooling
- None
Appliances
- Included: Dishwasher, Microwave, Electric Range, Refrigerator
Features
- 1st Floor Bedroom, Bathtub, Storage
- Flooring: Tile, Wood
- Basement: Interior Entry,Finished,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,121
- Total interior livable area: 1,121 sqft
- Finished area above ground: 1,121
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Paved, 5 - 10 Spaces, On Site, Detached
- Garage spaces: 2
Features
- Patio & porch: Deck
Lot
- Size: 0.36 Acres
- Features: Interior Lot, City Lot, Near Country Club, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Suburban, Near Railroad, Rolling Slope, Wooded
Details
- Zoning: R3
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood Frame, Wood Siding
- Foundation: Poured Concrete
- Roof: Pitched,Shingle
Condition
- Year built: 1960
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Back Cove
Location
- Region: Portland
Financial & listing details
- Price per square foot: $267/sqft
- Annual tax amount: $7,342
- Date on market: 9/2/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Listed for sale | $299,000$267/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment





