Completely renovated multi family ready for an investor or owner occupant. This property is in turn key condition ready to start collecting rent immediately. This property was re-insulated throughout making it very efficient on heat. Both units are completely redone with new walls, flooring, paint, kitchens, bathrooms, and appliances throughout. Both units have a back deck to be enjoyed. Each unit features 3 bedrooms and 1 bathroom. This property sits on a quiet dead end street, but is very close to trails, parks, shopping, and dining. Enjoy off street parking and utilize the 3 car garage as well. Schedule a showing today!
Closed
$615,000
50 Atlantic Avenue, South Portland, ME 04106
6beds
1,968sqft
Multi Family
Built in 1910
-- sqft lot
$618,200 Zestimate®
$313/sqft
$2,931 Estimated rent
Home value
$618,200
$569,000 - $668,000
$2,931/mo
Zestimate® history
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List your homeWhat's special
Back deckNew wallsQuiet dead end streetCompletely renovatedOff street parking
Zillow last checked:
Listing updated:
Listed by:
Landing Real Estate
Bought with:
Maine Real Estate Co
Source: Maine Listings,MLS#: 1652396
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Flooring: Laminate
- Basement: Bulkhead,Interior Entry,Dirt Floor,Full,Unfinished,Brick/Mortar
- Has fireplace: No
Interior area
- Total structure area: 1,968
- Total interior livable area: 1,968 sqft
- Finished area above ground: 1,968
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Paved, 5 - 10 Spaces, On Site
- Garage spaces: 3
Features
- Stories: 2
- Patio & porch: Deck
- Has view: Yes
- View description: Scenic
- Body of water: Atlantic
Lot
- Size: 7,840 Square Feet
- Features: Near Golf Course, Near Turnpike/Interstate, Near Town, Level, Open Lot
Details
- Parcel number: SPORM026L014
- Zoning: Zone G
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cape Cod,Colonial
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1910
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: South Portland
Financial & listing details
- Price per square foot: $313/sqft
- Tax assessed value: $393,300
- Annual tax amount: $5,192
- Date on market: 3/12/2026
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Sold | $615,000-3.1%$313/sqft |
Source:  Maine Listings #1652396 Report a problem | ||
| 4/24/2026 | Pending sale | $634,900$323/sqft |
Source: Maine Listings #1652396 Report a problem | ||
| 4/10/2026 | Contingent | $634,900$323/sqft |
Source: Maine Listings #1652396 Report a problem | ||
| 4/3/2026 | Price change | $634,900-2.3%$323/sqft |
Source: Maine Listings #1652396 Report a problem | ||
| 3/12/2026 | Listed for sale | $649,900$330/sqft |
Source: Maine Listings #1652396 Report a problem | ||
| 3/7/2026 | Pending sale | $649,900$330/sqft |
Source: Maine Listings #1652396 Report a problem | ||
| 2/21/2026 | Listed for sale | $649,900+44.4%$330/sqft |
Source: Maine Listings #1652396 Report a problem | ||
| 1/15/2025 | Sold | $450,000+0.2%$229/sqft |
Source: Maine Listings #1608748 Report a problem | ||
| 1/3/2025 | Pending sale | $449,000$228/sqft |
Source: Maine Listings #1608748 Report a problem | ||
| 12/31/2024 | Price change | $449,000-10%$228/sqft |
Source: Maine Listings #1608748 Report a problem | ||
| 11/23/2024 | Listed for sale | $499,000$254/sqft |
Source: Maine Listings #1608748 Report a problem | ||
| 11/12/2024 | Pending sale | $499,000$254/sqft |
Source: Maine Listings #1608748 Report a problem | ||
| 11/5/2024 | Listed for sale | $499,000$254/sqft |
Source: Maine Listings #1608748 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,192 +19.4% | $393,300 +27.9% |
| 2023 | $4,349 +4.7% | $307,600 +15.2% |
| 2022 | $4,153 +10.9% | $266,900 +40.8% |
| 2020 | $3,745 +19.6% | $189,600 |
| 2019 | $3,132 -10.7% | $189,600 |
| 2018 | $3,508 +2.8% | $189,600 |
| 2017 | $3,413 +1.7% | $189,600 |
| 2016 | $3,356 +1.7% | $189,600 |
| 2015 | $3,299 +1.8% | $189,600 |
| 2014 | $3,242 +2.4% | $189,600 |
| 2013 | $3,166 +1.2% | $189,600 |
| 2012 | $3,128 +2.5% | $189,600 |
| 2011 | $3,053 +5.1% | $189,600 -4.1% |
| 2009 | $2,906 -6% | $197,700 -10.5% |
| 2008 | $3,093 +6.9% | $220,900 |
| 2006 | $2,894 | $220,900 |
Find assessor info on the county website
Neighborhood: 04106
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Nearby schools
GreatSchools rating
- 6/10James Otis Kaler Elementary SchoolGrades: PK-4Distance: 0.4 mi
- 7/10Daniel F. Mahoney Middle SchoolGrades: 5-8Distance: 0.9 mi
- 6/10South Portland High SchoolGrades: 9-12Distance: 0.9 mi
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- Maine
- Cumberland County
- South Portland
- 04106
- 50 Atlantic Avenue
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