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  • $1,025,000

    527 Cumberland Avenue, Portland, ME 04101

    8beds
    3,372sqft
    Multi Family
    Built in 1881
    -- sqft lot
    $1,035,100 Zestimate®
    $304/sqft
    $3,376 Estimated rent

    Home value

    $1,035,100

    $963,000 - $1.11M

    $3,376/mo

    Zestimate® history
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    What's special

    Tandem off-street parkingModern finishesSunlight fills the interiorsPrivate entrancesClassic portland charmAbundant natural lightWarm hardwood floors
    Introducing 527 Cumberland Ave. A meticulously maintained three-unit property in the heart of Portland's vibrant peninsula offering an exceptional blend of character, flexibility, and strong rental appeal. With private entrances, tandem off-street parking, a shared courtyard, and two townhouse-style apartments plus a bright top-floor unit, this opportunity is ideal for investors and owner-occupants alike. Pride of ownership is evident throughout, highlighted by classic Portland charm and tasteful updates. Sunlight fills the interiors, showcasing warm hardwood floors, modern finishes, and comfortable, functional living spaces. Bathrooms feature tile showers, and a large basement provides valuable storage for residents. Each unit offers an inviting layout well suited for today's lifestyles. Two of the apartments live like townhomes, delivering separation of space and a single-family feel that residents love. The upper unit offers cozy architectural lines, skylights, and abundant natural light, creating a peaceful retreat above the city. Located in Portland's desirable Parkside neighborhood near Deering Oaks Park, the interstate, and award-winning restaurants, occupants can enjoy convenience while being close to some of the city's best amenities. The courtyard provides room to gather, grill, or relax, a rare bonus for an in-town property. Off-street tandem parking adds everyday ease and long-term value. Whether you are expanding your portfolio or planning to live in one unit while generating income from the others, 527 Cumberland Ave presents a compelling combination of location, lifestyle, and investment potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Keller Williams Realty

    Bought with:

    Keller Williams Realty

    Source: Maine Listings,MLS#: 1652719MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Forced Air, Hot Water, Zoned
    Cooling
    • None
    Features
    • Flooring: Laminate, Tile, Wood
    • Basement: Exterior Entry,Interior Entry
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 3,372
    • Total interior livable area: 3,372 sqft
    • Finished area above ground: 3,372
    • Finished area below ground: 0

    Property

    Features
    • Levels: Multi/Split
    • Stories: 3
    • Patio & porch: Deck, Porch
    Lot
    • Size: 3,484 Square Feet
    Details
    • Parcel number: PTLDM048BE024001
    • Zoning: RN-4

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Roof: Shingle
    Condition
    • Year built: 1881

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On
    Green energy
    • Energy efficient items: Ceiling Fans

    Community & HOA

    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $304/sqft
    • Tax assessed value: $776,900
    • Annual tax amount: $11,652
    • Date on market: 2/25/2026

    Price history

    DateEventPrice
    4/13/2026Sold$1,025,000$304/sqft
    Source: Maine Listings #1652719 Report a problem
    3/11/2026Pending sale$1,025,000$304/sqft
    Source: Maine Listings #1652719 Report a problem
    3/2/2026Contingent$1,025,000$304/sqft
    Source: Maine Listings #1652719 Report a problem
    2/25/2026Listed for sale$1,025,000+60.2%$304/sqft
    Source: Maine Listings #1652719 Report a problem
    11/22/2025Listing removed$2,500$1/sqft
    Source: Zillow Rentals Report a problem
    10/31/2025Listed for rent$2,500$1/sqft
    Source: Zillow Rentals Report a problem
    2/5/2024Listing removed--
    Source: Zillow Rentals Report a problem
    1/15/2024Listed for rent$2,500-16.7%$1/sqft
    Source: Zillow Rentals Report a problem
    11/28/2023Listing removed--
    Source: Zillow Rentals Report a problem
    11/7/2023Listed for rent$3,000$1/sqft
    Source: Zillow Rentals Report a problem
    10/9/2023Listing removed--
    Source: Zillow Rentals Report a problem
    9/18/2023Listed for rent$3,000$1/sqft
    Source: Zillow Rentals Report a problem
    7/25/2018Sold$640,000+2.4%$190/sqft
    Source: Maine Listings #1351568 Report a problem
    5/23/2018Listed for sale$625,000$185/sqft
    Source: Town & Shore Associates LLC #1351568 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$11,195 $776,900
    2023$11,195 +5.9%$776,900
    2022$10,574 +25%$776,900 +114.1%
    2020$8,459 $362,900
    2019$8,459 +3.7%$362,900
    2018$8,158 +3.8%$362,900
    2017$7,857 +2.6%$362,900
    2016$7,661 +2.3%$362,900
    2015$7,487 +3.2%$362,900
    2014$7,258 +3%$362,900
    2013$7,044 +3.1%$362,900
    2012$6,830 +3%$362,900
    2011$6,634 +3%$362,900
    2009$6,438 $362,900
    2008$6,438 +8.8%$362,900
    2006$5,919 $362,900
    Find assessor info on the county website

    Neighborhood: Parkside

    Nearby schools

    GreatSchools rating
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