Active

Price cut: $20K (5/6)

$875,000

777 Forest Avenue, Portland, ME 04103

5beds

3,948sqft

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Multi Family

Built in 1930

-- sqft lot

$845,000 Zestimate^®

$222/sqft

$-- HOA

What's special

Natural gas heatingUpdated hot water heaterFlexible layoutGround-level retail spaceOff-street parking

Mixed-use property offering both residential and commercial income potential in a highly visible Forest Ave location. Property includes a ground-level retail space with established tenant and a spacious, renovated two-level 5-bedroom residential unit. The residential unit offers strong rental potential, making this an attractive opportunity for investors or owner-occupants. Off-street parking and flexible layout add to the property's appeal. The building is equipped with natural gas heating, updated hot water heater, and a commercial-grade fire alarm and sprinkler system. Ideal for those seeking rental income, a live/work setup, or long-term investment in a prime Portland location. Also listed as Commercial MLS #1655962

97 days

100

4

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

Forced Air, Heat Pump

Cooling

Central Air

Features

Flooring: Luxury Vinyl
Basement: Interior Entry,Unfinished

Interior area

Total structure area: 3,948
Total interior livable area: 3,948 sqft
Finished area above ground: 3,948
Finished area below ground: 0

Property

Parking

Parking features: Paved, 5 - 10 Spaces

Features

Levels: Multi/Split

Lot

Size: 6,098 Square Feet
Features: Business District, Near Turnpike/Interstate, Sidewalks

Details

Zoning: B2

Construction

Type & style

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

Materials

Wood Frame, Vinyl Siding
Foundation: Poured Concrete
Roof: Shingle

Condition

Year built: 1930

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Portland

Financial & listing details

Price per square foot: $222/sqft
Annual tax amount: $7,910
Date on market: 4/2/2026

Estimated market value

$845,000

$803,000 - $887,000

$2,253/mo

Price history

Date	Event	Price
5/6/2026	Price change	$875,000-2.2%$222/sqft
Source: Maine Listings #1656222 Report a problem
4/2/2026	Listed for sale	$895,000$227/sqft
Source: Maine Listings #1656222 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

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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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