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  • Price cut: $25K (5/8)
    $625,000

    605 Washington Avenue, Portland, ME 04103

    8beds
    2,612sqft
    : 
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    Multi Family
    Built in 1905
    -- sqft lot
    $626,100 Zestimate®
    $239/sqft
    $-- HOA

    What's special

    Big bedroomsLarge bedroomsBlown insulationClassic period details
    Check out this amazing investment opportunity on Portland's Washington Ave offering two spacious 4-bedroom/1-bath units. Each 1,000+ square foot apartment contains large bedrooms, flexible living/dining layouts, and classic period details ready for your finishing touch. A full walk-up attic, served by two existing staircases, presents excellent potential for an additional unit or expanded living space (buyer to verify with the City of Portland). The full basement is perfect for storage and utilities and has blown insulation, two newer natural gas wall hung boilers, and washer/dryer hookups. The garage is in fair condition and currently provides convenient extra storage for tenants or the property owner. Lots of off street parking can be found outside on the nearly completely fenced in lot. This in-town location close to restaurants, coffee, transit, and parks makes for a strong addition to any investors portfolio or a great setup for enjoyable owner occupancy. Tenants will appreciate a convenient bus stop outside of the Washington Avenue entrance. Solid bones, big bedrooms, and an uncommon upside with the attic space. Bring your vision and add value in one of Portland's most convenient corridors.
    128 days
    |
    372
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Maine Real Estate Co

    Source: Maine Listings,MLS#: 1635440MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Hot Water
      Cooling
      • None
      Features
      • Bathtub, Shower
      • Flooring: Carpet, Laminate
      • Basement: Bulkhead,Full,Unfinished,Brick/Mortar
      Interior area
      • Total structure area: 2,612
      • Total interior livable area: 2,612 sqft
      • Finished area above ground: 2,612
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Gravel, 5 - 10 Spaces, Off Street
      • Garage spaces: 2
      Features
      • Patio & porch: Deck, Porch
      Lot
      • Size: 6,969 Square Feet
      • Features: Near Turnpike/Interstate, Near Town, Corner Lot, Level, Sidewalks
      Details
      • Parcel number: PTLDM428BL001001
      • Zoning: RN3

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: New Englander
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Aluminum Siding, Vinyl Siding
      • Foundation: Brick/Mortar
      • Roof: Shingle
      Condition
      • Year built: 1905

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Portland

      Financial & listing details

      • Price per square foot: $239/sqft
      • Tax assessed value: $501,100
      • Annual tax amount: $7,522
      • Date on market: 2/26/2026
      • Road surface type: Paved

        Estimated market value

        $626,100

        $595,000 - $657,000

        $2,359/mo

        Price history

        DateEventPrice
        5/8/2026Price change$625,000-3.8%$239/sqft
        Source: Maine Listings #1635440 Report a problem
        2/26/2026Listed for sale$650,000-8.5%$249/sqft
        Source: Maine Listings #1635440 Report a problem
        2/16/2026Listing removed$710,000$272/sqft
        Source: Maine Listings #1635440 Report a problem
        10/15/2025Price change$710,000-2.1%$272/sqft
        Source: Maine Listings #1635440 Report a problem
        9/10/2025Price change$725,000-3.3%$278/sqft
        Source: Maine Listings #1635440 Report a problem
        8/25/2025Listed for sale$750,000+76.5%$287/sqft
        Source: Maine Listings #1635440 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        8/29/2019Sold$425,000+153.1%$163/sqft
        Source: Agent Provided Report a problem
        6/16/2018Listing removed$1,900$1/sqft
        Source: Owner Report a problem
        5/22/2018Price change$1,900-5%$1/sqft
        Source: Owner Report a problem
        5/8/2018Listed for rent$2,000$1/sqft
        Source: Owner Report a problem
        1/16/2010Listing removed$167,900$64/sqft
        Source: Real Estate Disposition L.L.C #33648221 Report a problem
        12/17/2009Price change$167,900-6.7%$64/sqft
        Source: foreclosure.com Report a problem
        11/28/2009Price change$179,900-9.1%$69/sqft
        Source: foreclosure.com Report a problem
        10/19/2009Price change$197,900-7.9%$76/sqft
        Source: foreclosure.com Report a problem
        9/19/2009Price change$214,900-10.4%$82/sqft
        Source: foreclosure.com Report a problem
        9/4/2009Listed for sale$239,900$92/sqft
        Source: foreclosure.com Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$7,221 $501,100
        2023$7,221 +5.9%$501,100
        2022$6,820 +25.9%$501,100 +115.7%
        2020$5,415 $232,300
        2019$5,415 +3.7%$232,300
        2018$5,222 +3.8%$232,300
        2017$5,029 +2.5%$232,300
        2016$4,904 +2.3%$232,300
        2015$4,792 +3.1%$232,300
        2014$4,646 +3%$232,300
        2013$4,509 +3.1%$232,300
        2012$4,372 +3%$232,300
        2011$4,246 -7.4%$232,300 -10.1%
        2009$4,584 $258,400
        2008$4,584 +8.8%$258,400
        2006$4,215 $258,400

        Find assessor info on the county website

        Monthly payment

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        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: East Deering

        Getting around

        59 / 100
        Somewhat Walkable
        35 / 100
        Some Transit
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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