Skip main navigation
Pending
  • $2,000,000

    829 Forest Avenue, Portland, ME 04103

    6beds
    2,076sqft
    : 
    $13,031/mo
    Get pre-qualified
    Multi Family
    Built in 1980
    -- sqft lot
    $-- Zestimate®
    $963/sqft
    $-- HOA

    What's special

    One-car garageBlock-face constructionMultiple commercial spacesThree-bedroom two-bath main residenceOne-bedroom first-floor apartmentTwo-bedroom second-floor apartmentMetal roofing
    Prime Commercial Opportunity with Additional Multifamily Building & Ample Parking! Discover a versatile commercial property offering two buildings, multiple income possibilities, and a huge paved parking lot—all situated on one completely fenced-in lot. The 1999 commercial building features durable metal siding, metal roofing, and block-face construction, along with two separate 1st floor level of storefront/retail space, providing flexibility for a variety of business uses. A one-car attached garage adds valuable storage or workspace, while the expansive paved lot offers plenty of parking for customers, employees, tenants, or multiple businesses. Also included is a detached three-unit building constructed in 1980, featuring vinyl siding, vinyl trim, and gutters. The building consists of a three-bedroom, two-bath main residence, a one-bedroom first-floor apartment, and a two-bedroom second-floor apartment, along with a one-car garage. This additional building offers excellent potential for rental income, owner occupancy, office space, or future redevelopment opportunities. Both buildings are being sold together, as-is, and as one parcel. The three-unit building will require interior work, providing an opportunity for a new owner to renovate and customize the space to meet their needs. The entire property is completely fenced, providing added security and clearly defined boundaries. With substantial paved parking, multiple commercial spaces, an attached garage, a separate multifamily building, and numerous potential uses, this is an opportunity worth exploring. Commercial, investment, owner-user, and redevelopment potential all in one property!
    32 days
    90
    7

    Zillow last checked:

    Listing updated:

    Listed by:

    Better Homes & Gardens Real Estate/The Masiello Group

    Source: Maine Listings,MLS#: 1678820MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Direct Vent Furnace
      Cooling
      • None
      Features
      • 1st Floor Bedroom, Storage
      • Flooring: Carpet, Laminate, Ceramic Tile
      • Basement: Bulkhead,Dirt Floor,Partial,Unfinished,Brick/Mortar
      • Has fireplace: No
      Interior area
      • Total structure area: 2,076
      • Total interior livable area: 2,076 sqft
      • Finished area above ground: 2,076
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Paved, 11 - 20 Spaces, On Site
      • Attached garage spaces: 1
      Features
      • Stories: 2
      • Patio & porch: Deck
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 0.54 Acres
      • Features: City Lot, Near Shopping, Near Railroad, Level, Open Lot, Sidewalks
      Details
      • Additional structures: Shed(s)
      • Parcel number: PTLDM137BC007001
      • Zoning: B-2B
      • Other equipment: Internet Access Available

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: New Englander
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Metal Clad, Vinyl Siding
      • Foundation: Granite, Poured Concrete, Slab, Brick/Mortar
      • Roof: Metal,Pitched,Shingle
      Condition
      • Year built: 1980

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Portland

      Financial & listing details

      • Price per square foot: $963/sqft
      • Tax assessed value: $474,300
      • Annual tax amount: $15,479
      • Date on market: 9/2/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/26/2026Pending sale$2,000,000$963/sqft
        Source: Maine Listings #1678820 Report a problem
        9/2/2026Listed for sale$2,000,000$963/sqft
        Source: Maine Listings #1678820 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$6,835 $474,300
        2023$6,835 +5.9%$474,300
        2022$6,455 -0.6%$474,300 +70.3%
        2020$6,492 $278,500
        2019$6,492 +3.7%$278,500
        2018$6,261 +3.8%$278,500
        2017$6,030 +2.6%$278,500
        2016$5,879 +2.3%$278,500
        2015$5,745 +3.1%$278,500
        2014$5,570 +3%$278,500
        2013$5,406 +3.1%$278,500
        2012$5,241 +6.8%$278,500 +3.7%
        2011$4,908 -0.7%$268,500 -3.6%
        2009$4,941 $278,500
        2008$4,941 +8.8%$278,500
        2006$4,542 $278,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Deering Center

        Getting around

        86 / 100
        Very Walkable
        35 / 100
        Some Transit
        81 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts