This well-maintained 3-unit offers a prime opportunity for both investors and owner-occupants. Each 3BR/1BA features hardwood floors, updated kitchens with vinyl plank flooring, and separate pantries. Amenities include gas heat, separate utilities, full basement, and six off-street parking spaces. A landscaped side yard with perennials and picnic area provides private outdoor space. Excellent location—1 minute to I-295, minutes to Old Port, USM, Maine Med, shopping, and dining. All units are rented at market rates, delivering strong income. Unit #2 is freshly updated, vacant, and move-in ready for tenants or owner occupancy. Photos of Unit #2 have been virtually staged to show furnishing potential. Pre-inspection complete; report available for review.
Closed
$780,000
372 Park Avenue, Portland, ME 04102
9beds
2,964sqft
Multi Family
Built in 1920
-- sqft lot
$806,000 Zestimate®
$263/sqft
$2,635 Estimated rent
Home value
$806,000
$750,000 - $870,000
$2,635/mo
Zestimate® history
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List your homeWhat's special
Landscaped side yardPicnic areaSeparate utilitiesSeparate pantriesHardwood floorsVinyl plank flooringGas heat
Zillow last checked:
Listing updated:
Listed by:
Sell Your Home Services 888-219-3009
Bought with:
Portside Real Estate Group
Source: Maine Listings,MLS#: 1641204
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Direct Vent Heater
Cooling
- None
Features
- Flooring: Vinyl, Wood
- Basement: Interior Entry
Interior area
- Total structure area: 2,964
- Total interior livable area: 2,964 sqft
- Finished area above ground: 2,964
- Finished area below ground: 0
Property
Features
- Levels: Multi/Split
- Patio & porch: Deck, Patio, Porch
- Has view: Yes
- View description: Scenic
Lot
- Size: 5,227 sqft
Details
- Parcel number: PTLDM067BC033001
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Split Level
- Property subtype: Multi Family
Materials
- Roof: Membrane
Condition
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Portland
Price history
| Date | Event | Price |
|---|---|---|
| 11/30/2025 | Sold | $780,000+4%$263/sqft |
Source:  Maine Listings #1641204 Report a problem | ||
| 10/28/2025 | Pending sale | $750,000$253/sqft |
Source: Maine Listings #1641204 Report a problem | ||
| 10/17/2025 | Listed for sale | $750,000+67.4%$253/sqft |
Source: Maine Listings #1641204 Report a problem | ||
| 6/20/2019 | Sold | $448,000-10.4%$151/sqft |
Source: Maine Listings #1374663 Report a problem | ||
| 4/29/2019 | Pending sale | $499,900$169/sqft |
Source: Coldwell Banker Residential Brokerage - Saco #1374663 Report a problem | ||
| 1/18/2019 | Price change | $499,900-4.8%$169/sqft |
Source: Coldwell Banker Residential Brokerage - Saco #1374663 Report a problem | ||
| 11/13/2018 | Price change | $524,999-4.5%$177/sqft |
Source: Coldwell Banker Residential Brokerage - Saco #1374663 Report a problem | ||
| 10/24/2018 | Listed for sale | $549,900+266.1%$186/sqft |
Source: Coldwell Banker Residential Brokerage - Saco #1374663 Report a problem | ||
| 9/20/2012 | Sold | $150,199$51/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,868 | $546,000 |
| 2023 | $7,868 +5.9% | $546,000 |
| 2022 | $7,431 +38% | $546,000 +136.4% |
| 2020 | $5,385 | $231,000 |
| 2019 | $5,385 +3.7% | $231,000 |
| 2018 | $5,193 +3.8% | $231,000 |
| 2017 | $5,001 +2.6% | $231,000 |
| 2016 | $4,876 +2.3% | $231,000 |
| 2015 | $4,766 +3.2% | $231,000 |
| 2014 | $4,620 | $231,000 |
Find assessor info on the county website
Neighborhood: Libbytown
Nearby schools
GreatSchools rating
- 3/10Howard C Reiche Community SchoolGrades: PK-5Distance: 0.9 mi
- 2/10King Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10Portland High SchoolGrades: 9-12Distance: 1.3 mi
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$806,000
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- Maine
- Cumberland County
- Portland
- 04102
- Libbytown
- 372 Park Avenue
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