Charming Two-Unit in Back Cove on ¾ Acre with Gardens and Wooded Privacy
Nestled in Portland's desirable Back Cove neighborhood, this rare two-unit property offers the perfect blend of in-town convenience and serene, natural surroundings. Set on an expansive ¾-acre lot, the home is surrounded by beautifully landscaped gardens and a large wooded area that provides exceptional privacy and peaceful enjoyment.
Each unit is well-maintained. Updates include a new roof and a recently installed heating system, offering both comfort and efficiency. Whether you're an owner-occupant looking for supplemental income or an investor seeking a quality property in a sought-after location, this is a special opportunity.
Enjoy easy access to trails, local shops, restaurants, and all that Portland has to offer—then return home to your own private oasis. A truly unique property that combines the best of both worlds.
Active under contract
$850,000
121 Ocean Avenue, Portland, ME 04103
5beds
2,796sqft
Est.:
Multi Family
Built in 1870
-- sqft lot
$-- Zestimate®
$304/sqft
$-- HOA
What's special
- 24 days
- on Zillow |
- 125 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 04:43am
Listed by:
The Flaherty Group
Source: Maine Listings,MLS#: 1632200

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Hot Water, Baseboard
Cooling
- None
Appliances
- Laundry: Laundry - 1st Floor, Main Level, Washer Hookup
Features
- Bathtub, One-Floor Living, Pantry, Shower
- Flooring: Wood, Laminate
- Windows: Double Pane Windows
- Basement: Interior,Walk-Out Access,Full,Bulkhead,Unfinished
Interior area
- Total structure area: 2,796
- Total interior livable area: 2,796 sqft
- Finished area above ground: 2,796
- Finished area below ground: 0
Property
Parking
- Parking features: 1 - 4 Spaces, Paved, On Site
Features
- Levels: Multi/Split
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.7 Acres
- Features: Well Landscaped, Level, Wooded, Near Town, Neighborhood
Details
- Parcel number: PTLDM139BD004001
- Zoning: RN
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Vinyl Siding, Aluminum Siding, Wood Frame
- Roof: Shingle
Condition
- Year built: 1870
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $304/sqft
- Tax assessed value: $528,600
- Annual tax amount: $7,934
- Date on market: 7/29/2025
- Road surface type: Paved
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