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  • $545,000

    48 Ashmont Street, Portland, ME 04103

    4beds
    2,032sqft
    Single Family Residence
    Built in 1900
    2,178 Square Feet Lot
    $561,500 Zestimate®
    $268/sqft
    $3,219 Estimated rent

    Home value

    $561,500

    $522,000 - $606,000

    $3,219/mo

    Zestimate® history
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    What's special

    Formal diningEat-in kitchenSide sunroomExtensive siding workThree bedroomsAttached garageFresh exterior paint
    At the base of Deering Highlands, blocks from Back Cove, and firmly in Portland's Oakdale neighborhood, this updated Victorian offers convenience, charm, and value. Many updates and upgrades—including extensive siding work, fresh exterior paint, and a newer roof—make it move-in ready. The remarkably affordable price also reflects the home's upside potential, as similar properties in the area have sold for 1M or more. Although just over 2,000 square feet, the layout lives large with plenty of space for friends, family, and work-from-home flexibility. Inside you'll find a south-facing mudroom/sunroom, eat-in kitchen, formal dining, side sunroom, and spacious living room. Upstairs are three bedrooms and a full bath, while the third floor adds two additional rooms—ideal for bedrooms, home office, or flex space. With a recently cleaned and serviced boiler, attached garage, and a low-maintenance yet enchanting yard and gardens, the appeal is apparent. Location is everything, and here you can walk to everything you need: from parks and playgrounds to eateries, education, and art galleries. Nearby are the University of Southern Maine's Portland Campus, UNE's Portland Campus, Deering Center schools, Ocean Avenue Elementary, and the forthcoming Roux Institute. Add in Back Cove Trail, Longfellow Park, and a host of other recreational areas to make this one of Portland's most complete neighborhoods. At this price point, the opportunity is truly rare—a chance to break into a coveted neighborhood with room to build equity. For buyers seeking a move-in ready home, those eager to roll up their sleeves for a massive equity boost, or even investors eyeing a potential flip, this property delivers.

    Zillow last checked:

    Listing updated:

    Listed by:

    Benchmark Real Estate

    Bought with:

    Lakehome Group Real Estate

    Source: Maine Listings,MLS#: 1637812MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: Second
    Bedroom 1
    • Level: Second
    Bedroom 3
    • Level: Second
    Bedroom 4
    • Level: Third
    Dining room
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Steam, Radiator
    Cooling
    • None
    Features
    • Flooring: Carpet, Tile, Wood
    • Windows: Double Pane Windows
    • Basement: Interior Entry
    • Has fireplace: No
    Interior area
    • Total structure area: 2,032
    • Total interior livable area: 2,032 sqft
    • Finished area above ground: 2,032
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    • Attached garage spaces: 1
    Features
    • Levels: Multi/Split
    • Patio & porch: Deck, Porch
    Lot
    • Size: 2,178 sqft
    Details
    • Parcel number: PTLDM125BH010001
    • Zoning: RN-3

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Victorian
    • Property subtype: Single Family Residence
    Materials
    • Roof: Pitched,Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Portland

    Price history

    DateEventPrice
    12/24/2025Sold$545,000-2.5%$268/sqft
    Source: Maine Listings #1637812 Report a problem
    12/15/2025Contingent$559,000$275/sqft
    Source: Maine Listings #1637812 Report a problem
    10/31/2025Price change$559,000-6.7%$275/sqft
    Source: Maine Listings #1637812 Report a problem
    9/30/2025Price change$599,000-4.8%$295/sqft
    Source: Maine Listings #1637812 Report a problem
    9/16/2025Listed for sale$629,000$310/sqft
    Source: Maine Listings #1637812 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,692 $464,400
    2023$6,692 +5.9%$464,400
    2022$6,320 +11.4%$464,400 +90.9%
    2020$5,671 $243,300
    2019$5,671 +3.7%$243,300
    2018$5,469 +3.8%$243,300
    2017$5,267 +2.6%$243,300
    2016$5,136 +2.3%$243,300
    2015$5,019 +3.1%$243,300
    2014$4,866 +3%$243,300
    2013$4,722 +3.1%$243,300
    2012$4,579 +7.4%$243,300 +4.3%
    2011$4,265 -1.2%$233,300 -4.1%
    2009$4,316 $243,300
    2008$4,316 +8.8%$243,300
    2006$3,968 $243,300

    Find assessor info on the county website

    Neighborhood: Oakdale

    Nearby schools

    GreatSchools rating
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    $572,730