This classic brick 4-unit building offers timeless charm and unbeatable location in one of Portland's most vibrant downtown neighborhoods. Featuring four well-maintained 1-bedroom, 1-bath apartments, this property is ideal for both investors and owner-occupants seeking strong rental potential. Each unit showcases original architectural details including elegant moldings, vintage fireplaces, and hardwood flooring, adding warmth and character throughout. The third-floor unit enjoys exclusive access to a private roof deck—perfect for relaxing or entertaining with city views. Additional amenities include coin-operated laundry in the basement for tenant convenience and a low-maintenance brick exterior. Just steps from restaurants, shops, the arts district, and all downtown Portland amenities, this is a rare opportunity to own a piece of the city with steady income and long-term upside. Don't miss your chance to invest in one of Portland's most desirable urban locations!
Active under contract
$850,000
450 Cumberland Avenue, Portland, ME 04101
4beds
3,136sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$827,400 Zestimate®
$271/sqft
$-- HOA
What's special
Low-maintenance brick exteriorPrivate roof deckHardwood flooringOriginal architectural detailsElegant moldingsVintage fireplaces
- 76 days
- on Zillow |
- 100 |
- 3 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: June 11, 2025 at 01:50pm
Listed by:
Keller Williams Realty 207-553-2400
Source: Maine Listings,MLS#: 1623551

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Hot Water, Baseboard
Cooling
- None
Appliances
- Laundry: Laundry - Coin
Features
- Bathtub, Shower
- Flooring: Wood, Vinyl, Tile, Carpet
- Basement: Interior,Walk-Out Access,Brick/Mortar,Finished
- Number of fireplaces: 2
Interior area
- Total structure area: 3,136
- Total interior livable area: 3,136 sqft
- Finished area above ground: 3,136
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: 1 - 4 Spaces, Paved, Off Street
Features
- Levels: Multi/Split
- Stories: 3
Lot
- Size: 2,613.6 Square Feet
- Features: Level, Sidewalks, City Lot, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Public Transit
Details
- Parcel number: PTLDM046BB003001
- Zoning: Res
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Multi Family
Materials
- Brick, Masonry
- Foundation: Stone, Brick/Mortar
- Roof: Fiberglass,Membrane,Slate
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On, Pole
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $271/sqft
- Tax assessed value: $885,600
- Annual tax amount: $13,293
- Date on market: 5/21/2025
- Road surface type: Paved
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