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Street View

$387,500

542 Washington Avenue, Portland, ME 04103

7beds

3,422sqft

Multi Family

Built in 1875

-- sqft lot

$611,800 Zestimate^®

$113/sqft

$2,380 Estimated rent

Home value

$611,800

$489,000 - $759,000

$2,380/mo

Zestimate^® history

Owner options

List your home for rent

$2,380/mo

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$2,380/mo

Rent Zestimate^®

Refinance and save

$1,955/mo

Est. payment

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$1,955/mo

Est. payment

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What's special

4-Unit with a barn and ample parking just off the peninsula! A short walk to Payson Park, and quick and easy access to Downtown Portland and I-295, this multi has undergone many recent updates, but still offers the next owner plenty of opportunity to add value - including expansion potential into the large third floor. Convert the barn into a workshop or storage for additional income or personal use, take advantage of the large amount of parking for this area by leasing spaces, there are so many ways to make this multi work!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4
Full bathrooms: 4

Heating

Baseboard, Hot Water

Cooling

None

Features

Flooring: Carpet, Tile, Vinyl, Wood
Basement: Exterior Entry,Full,Unfinished

Interior area

Total structure area: 3,422
Total interior livable area: 3,422 sqft
Finished area above ground: 3,422
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Paved, 1 - 4 Spaces, Off Street, Detached
Garage spaces: 2

Features

Levels: Multi/Split

Lot

Size: 3,049 sqft
Features: City Lot, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad, Level, Open Lot, Sidewalks

Details

Parcel number: PTLDM166BF006001
Zoning: R5

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family

Materials

Wood Frame, Asbestos, Vinyl Siding, Wood Siding
Roof: Shingle

Condition

Year built: 1875

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Utilities On

Community & neighborhood

Location

Region: Portland

Other

Other facts

Road surface type: Paved

Price history

Date	Event	Price
2/27/2026	Sold	$387,500-52.7%$113/sqft
Source: Public Record Report a problem
11/16/2023	Sold	$820,000+2.6%$240/sqft
Source: Maine Listings #1566612 Report a problem
9/20/2023	Pending sale	$799,000$233/sqft
Source: Maine Listings #1566612 Report a problem
8/18/2023	Listed for sale	$799,000$233/sqft
Source: Maine Listings #1566612 Report a problem
8/9/2023	Contingent	$799,000$233/sqft
Source: Maine Listings #1566612 Report a problem
7/26/2023	Listed for sale	$799,000$233/sqft
Source: Maine Listings #1566612 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$8,302	$576,100
2023	$8,302 +5.9%	$576,100
2022	$7,841 +3.3%	$576,100 +76.9%
2020	$7,590	$325,600
2019	$7,590 +3.7%	$325,600
2018	$7,319 +3.8%	$325,600
2017	$7,049 +2.6%	$325,600
2016	$6,873 +2.3%	$325,600
2015	$6,717 +3.1%	$325,600
2014	$6,512 +3%	$325,600
2013	$6,320 +3.1%	$325,600
2012	$6,128 +3%	$325,600
2011	$5,952 +3%	$325,600
2009	$5,776	$325,600
2008	$5,776 +8.8%	$325,600
2006	$5,311	$325,600