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.
Active
Price cut: $25K (5/8)
$625,000
605 Washington Avenue, Portland, ME 04103
8beds
2,612sqft
Multi Family
Built in 1905
-- sqft lot
$626,100 Zestimate®
$239/sqft
$-- HOA
What's special
Big bedroomsLarge bedroomsBlown insulationClassic period details
- 128 days |
- 372 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Maine Real Estate Co
Source: Maine Listings,MLS#: 1635440
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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
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Price change | $625,000-3.8%$239/sqft |
Source: | ||
| 2/26/2026 | Listed for sale | $650,000-8.5%$249/sqft |
Source: | ||
| 2/16/2026 | Listing removed | $710,000$272/sqft |
Source: | ||
| 10/15/2025 | Price change | $710,000-2.1%$272/sqft |
Source: | ||
| 9/10/2025 | Price change | $725,000-3.3%$278/sqft |
Source: | ||
| 8/25/2025 | Listed for sale | $750,000+76.5%$287/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/29/2019 | Sold | $425,000+153.1%$163/sqft |
Source: Agent Provided Report a problem | ||
| 6/16/2018 | Listing removed | $1,900$1/sqft |
Source: Owner Report a problem | ||
| 5/22/2018 | Price change | $1,900-5%$1/sqft |
Source: Owner Report a problem | ||
| 5/8/2018 | Listed for rent | $2,000$1/sqft |
Source: Owner Report a problem | ||
| 1/16/2010 | Listing removed | $167,900$64/sqft |
Source: Real Estate Disposition L.L.C #33648221 Report a problem | ||
| 12/17/2009 | Price change | $167,900-6.7%$64/sqft |
Source: foreclosure.com Report a problem | ||
| 11/28/2009 | Price change | $179,900-9.1%$69/sqft |
Source: foreclosure.com Report a problem | ||
| 10/19/2009 | Price change | $197,900-7.9%$76/sqft |
Source: foreclosure.com Report a problem | ||
| 9/19/2009 | Price change | $214,900-10.4%$82/sqft |
Source: foreclosure.com Report a problem | ||
| 9/4/2009 | Listed for sale | $239,900$92/sqft |
Source: foreclosure.com Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $258,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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
Nearby schools
GreatSchools rating
- 5/10Presumpscot SchoolGrades: PK-5Distance: 0.1 mi
- 4/10Lyman Moore Middle SchoolGrades: 6-8Distance: 2.1 mi
- 4/10Portland High SchoolGrades: 9-12Distance: 1.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Cumberland County
- Portland
- 04103
- East Deering
- 605 Washington Avenue





