850 Washington AVE Portland, ME 04103
2 Baths
2,184 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,184 sqft
Price per Sqft $388
MLS Listing ID 1665928
Full Baths 2
HOA Y/N No
Year Built 1864
Tax Year 2026
Lot Size 0.530 Acres
Acres 0.53
Source Maine Listings
Land Area 2184
Property Description
Situated on over half an acre, this turnkey investment features two spacious 2-bedroom units, a detached 2-car garage, abundant off-street parking, and an expansive backyard, an increasingly rare find within the city.
Both units have been thoughtfully updated with timeless finishes including white cabinetry, granite countertops, updated appliances, stylish bathrooms, and in-unit laundry. Separate gas and electric meters, along with newer boilers, make ownership and management simple and efficient.
Whether you're an investor seeking a strong addition to your portfolio, an owner-occupant looking to offset your mortgage with rental income, or a parent searching for housing near Portland's rapidly growing educational and innovation district, this property offers exceptional versatility.
Located just minutes from Downtown Portland, Back Cove, Payson Park, Tipo, Monte's Fine Foods, and countless local amenities, the property also benefits from its proximity to the Roux Institute and the transformative investment occurring throughout the surrounding neighborhood. As Portland continues to emerge as a hub for technology, research, education, and entrepreneurship, demand for housing in this area is expected to remain strong.
Live in one unit and rent the other. Add a turnkey asset to your investment portfolio. Secure housing for a student, researcher, or professional while building equity in one of Portland's most desirable markets.
With updated interiors, strong rental appeal, a large lot, garage parking, and an unbeatable location, 850 Washington Avenue presents an opportunity that is becoming increasingly difficult to find in Portland.
A smart investment today--and an exciting opportunity for tomorrow!
GROUP SHOWINGS TUES/THURS 1-2 PM
Location
State ME
County Cumberland
Zoning RN-3
Direction From downtown Portland, follow Washington Avenue north approximately 2.5 miles. Property is located on the left at 850 Washington Avenue.
Rooms
Basement Bulkhead, Interior Entry, Full, Unfinished
Interior
Heating Gas Natural, Hot Water, Radiator
Cooling None
Flooring Tile, Wood
Laundry Main Level, Upper Level
Exterior
Parking Features Paved, 1 - 4 Spaces, Detached
Garage Spaces 2.0
Utilities Available Utilities On
Roof Type Shingle
Porch Deck, Porch
Garage Yes
Building
Lot Description Near Town, Level, Open Lot, Sidewalks
Foundation Block, Poured Concrete, Brick/Mortar
Water Public
Architectural Style New Englander
Level or Stories 2
Others
Tax ID PTLD-000170-B000018-000001
Virtual Tour https://www.propertypanorama.com/instaview/mreis/1665928
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