Active

$625,000

1435 Forest Avenue, Portland, ME 04103

3beds

2,910sqft

Est.:

Multi Family

Built in 1923

-- sqft lot

$608,400 Zestimate^®

$215/sqft

$-- HOA

What's special

Ground floor store front

Excellent opportunity to own a mixed used building with high visibility in downtown Portland! Whether you're an owner-user ready to launch your business, or an investor seeking turnkey cash flow with upside this property checks every box! Ground floor store front, with 3 bed apartment above. Includes an additional finished space for storage or break room.

15 hours

420

13

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
1/2 bathrooms: 1

Heating

Direct Vent Furnace, Forced Air, Heat Pump

Cooling

None

Features

Flooring: Carpet, Laminate, Tile, Vinyl
Basement: Interior Entry

Interior area

Total structure area: 2,910
Total interior livable area: 2,910 sqft
Finished area above ground: 2,910
Finished area below ground: 0

Property

Lot

Size: 7,405.2 Square Feet

Details

Zoning: D3

Construction

Type & style

Home type: MultiFamily
Architectural style: New Englander,Other
Property subtype: Multi Family

Materials

Roof: Shingle

Condition

Year built: 1923

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Portland

Financial & listing details

Price per square foot: $215/sqft
Annual tax amount: $7,529
Date on market: 12/10/2025

Estimated market value

$608,400

$578,000 - $639,000

$2,704/mo

Price history

Date	Event	Price
12/10/2025	Listed for sale	$625,000+5%$215/sqft
Source: Maine Listings #1646140 Report a problem
7/1/2025	Sold	$595,000-0.8%$204/sqft
Source: Maine Listings #1621505 Report a problem
6/11/2025	Pending sale	$599,900$206/sqft
Source: Maine Listings #1621505 Report a problem
5/8/2025	Listed for sale	$599,900-4%$206/sqft
Source: Maine Listings #1621505 Report a problem
6/7/2024	Sold	$625,000-3.8%$215/sqft
Source: Maine Listings #1577078 Report a problem