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  • Price cut: $31K (6/22)
    $819,000

    62 Evergreen Avenue, Old Orchard Beach, ME 04064

    7beds
    3,931sqft
    : 
    $5,190/mo
    Get pre-qualified
    Multi Family
    Built in 1900
    -- sqft lot
    $788,300 Zestimate®
    $208/sqft
    $-- HOA

    What's special

    Outdoor fireplaceBeautifully landscaped fenced backyardBeautifully updated duplexModern kitchensHot tubNewer appliancesBright comfortable living spaces
    Nestled on a quiet residential street, yet just a short walk to the beach, restaurants, shops, and entertainment, 62 Evergreen Avenue offers the perfect combination of peaceful coastal living and outstanding investment potential. This well-maintained property features a beautifully updated duplex plus a separate detached cottage, creating multiple income streams and exceptional flexibility for investors, owner-occupants, or multi-generational living. The front duplex includes two updated 2-bedroom units, each with modern kitchens, newer appliances, in-unit washers and dryers, and bright, comfortable living spaces. One unit is currently owner-occupied, while the second provides dependable year-round rental income with the opportunity to convert to a seasonal or short-term rental for even greater earning potential. Privately tucked behind the duplex, the detached cottage with 2 BR has a proven history as a successful summer vacation rental and winter rental from October through May, providing an additional established source of income while maintaining privacy for owners and guests alike. Outside, enjoy a beautifully landscaped, fenced backyard complete with a spacious patio, outdoor fireplace, and hot tub--an inviting space to relax or enhance the guest experience. With off-street parking for up to six vehicles, reliable existing rental income, and the potential to significantly increase seasonal revenue, this property offers immediate cash flow and long-term upside. Whether you're expanding your investment portfolio, offsetting your mortgage with rental income, or seeking a versatile coastal property, this rare opportunity places you in a quiet, walkable neighborhood just moments from all the beaches, dining, shopping, and attractions that make Old Orchard Beach one of Maine's most desirable seaside communities.
    87 days
    |
    847
    |
    31
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    EXP Realty

    Source: Maine Listings,MLS#: 1660635MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Forced Air, Heat Pump, Space Heater
      Cooling
      • Heat Pump
      Features
      • Bathtub
      • Flooring: Tile, Wood
      • Basement: Bulkhead,Interior Entry,Full
      Interior area
      • Total structure area: 3,931
      • Total interior livable area: 3,931 sqft
      • Finished area above ground: 3,931
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Common, 5 - 10 Spaces, On Site
      Features
      • Patio & porch: Glassed-in Porch
      Lot
      • Size: 5,227 Square Feet
      • Features: Near Public Beach, Near Shopping, Near Town, Neighborhood, Corner Lot, Level
      Details
      • Parcel number: OOBHM311B24L1
      • Zoning: R-2

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Clapboard, Shingle Siding
      • Roof: Shingle
      Condition
      • Year built: 1900

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Old Orchard Beach

      Financial & listing details

      • Price per square foot: $208/sqft
      • Tax assessed value: $482,960
      • Annual tax amount: $5,602
      • Date on market: 5/15/2026
      • Road surface type: Paved

        Estimated market value

        $788,300

        $749,000 - $828,000

        $2,220/mo

        Price history

        DateEventPrice
        6/22/2026Price change$819,000-3.6%$208/sqft
        Source: Maine Listings #1660635 Report a problem
        5/15/2026Listed for sale$850,000+949.4%$216/sqft
        Source: Maine Listings #1660635 Report a problem
        9/1/1995Sold$81,000$21/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,255 +7.6%$482,960 +12.8%
        2023$4,882 +2.9%$428,264 +10.5%
        2022$4,746 +17.9%$387,730 +36.3%
        2021$4,027 +1%$284,380 +10%
        2020$3,986 +2.8%$258,500 +3.4%
        2019$3,877 +3.3%$250,100 +2%
        2018$3,752 +6.1%$245,200 +8.9%
        2017$3,536 +3.9%$225,200 +2.3%
        2016$3,403 +1.9%$220,100
        2015$3,341 -1.6%$220,100 -3.6%
        2014$3,397 +7.8%$228,300
        2013$3,151 -1.6%$228,300 -4.2%
        2012$3,201 +3.2%$238,200 -0.6%
        2009$3,102 -0.5%$239,700 -0.5%
        2008$3,117 $240,900 +5.4%
        2006-- $228,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 04064

        Getting around

        77 / 100
        Very Walkable
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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