123 Cumberland Avenue, Portland, ME 04101

$1,800,000

Property Type: Multi-Family Baths: 5 Square Footage: 3,667 Lot Size (sq. ft.): 4,792 Status: Active

Current Price: $1,800,000 List Date: 5/15/2026 Last Modified: 6/04/2026

Overview

Description

This redesigned downtown three-unit is a rare gem--where historic charm blends with contemporary design. Step through the classic double doors and into a foyer with a modern twist. Up the curved staircase, a 3 bedroom, 2.5 bath owner's penthouse awaits with unobstructed views of Back Cove. Waterfall countertops on the island, Wolf appliances, expansive windows, and intricate tile work display choice luxury in an open-plan kitchen living floor. Primary en-suite is on trend with built-in storage, walk-in closet, floor to ceiling tiled bath with private deck and hot tub. Each unit offers its own sense of style and sophistication with thoughtful details. The first-floor flat offers curved front windows, with a restored marble fireplace, high ceilings, and a modern kitchen--ideal for city dwellers who crave both character and comfort. Around the side of the building, the garden-level unit is a cozy retreat with radiant heat, exposed brick and stonework, and all the quiet charm you would hop ... (Read more)

Listing Details MLS# 1662395

Location Information

Street #: 123
Street Name: Cumberland
Street Type: Avenue
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04101
Zip +4: 3061
Leased Land: No
Book: 34129
Page: 5
Map: 13
Block: D
Lot: 16-1
Zoning: RN-4
Zoning Overlay: No
Association: No
Full Tax Amount $: 15468.58
Tax Year: 2026
Tree Growth Y/N: No

Contract Information

Original List Price: 1800000

Property Information

Surveyed: Unknown
Seasonal: No
Owner Occupied: Yes
Number of Units: 3
Total Baths: 5
Total Full Baths: 4
Total Half Baths: Yes
Year Built: 1866
SqFt Finished Above Grade: 2907
SqFt Finished Below Grade: 760
SqFt Finished Total: 3667
SqFt Source: Public Records
Furniture: Negotiable
Garage: No
Lot Size Acres +/-: 0.11
Source of Acreage: Public Records

Water Info

Water Frontage: No
Water View: Yes
Water Body Name: Casco Bay via Back Cove

Building Info

# Fireplaces: 2
# Floors: 4

Units

# of 1 BD Units: 2
# of 3 BD Units: Yes

More Information

Unit 1

Lease: No
Level: Basement
Security Deposit: No
Monthly Rent: 2757.47
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2

Lease: No
Level: First
Security Deposit: No
Monthly Rent: 3119.53
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3

Lease: No
Level: Second
Security Deposit: No
# Full Baths: 2
# Half Baths: Yes
# of Rooms: 6
# of Bedrooms: 3
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Monthly Rent: 0

Utilities

Utilities On: Yes

Site

Sidewalks: Yes
Well Landscaped: Yes

Location

Intown: Yes
Near Shopping: Yes
Near Turnpike/Interstate: Yes

Roads

Paved: Yes
Public: Yes

Transportation

Public Transport Access: Yes

Water Body Type

Bay: Yes
Cove: Yes

Recreational Water

Nearby: Yes
Oceanfront: Yes
Public: Yes

Style

New Englander: Yes

Construction

Wood Frame: Yes

Other Structures

Shed(s): Yes

Basement

Finished: Yes
Full: Yes
Walk-Out Access: Yes

Exterior

Clapboard: Yes
Vertical Siding: Yes
Wood Siding: Yes

Roof

Membrane: Yes
Shingle: Yes

Heat System

Heat Pump: Yes
Hot Water: Yes
Radiant: Yes

Heat Fuel

Electric: Yes
Gas Natural: Yes

Income & Expenses

Gross Income: 70523.98
Operating Expenses: 40621.1

Cooling

Heat Pump: Yes

Floors

Tile: Yes
Wood: Yes

Parking

1 - 4 Spaces: Yes
On Site: Yes
Paved: Yes

Electric

Circuit Breakers: Yes

Gas

Natural - On Site: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Driveway

Paved: Yes

Basement Entry

Exterior Only: Yes

Water Heater

Gas: Yes
Off Heating System: Yes

Amenities

1st Floor Bedroom: Yes
Fence: Yes
Hot Tub: Yes
Laundry - 1st Floor: Yes
Laundry - 2nd Floor: Yes
Laundry - Hookup: Yes
Other: Yes
Primary Bedroom w/Bath: Yes
Walk-in Closets: Yes

Patio and Porch Features

Deck: Yes
Patio: Yes
Porch: Yes

Vehicle Storage

Other Vehicle Storage: Yes

Property Features

Site: Sidewalks; Well Landscaped Location: Intown; Near Shopping; Near Turnpike/Interstate Roads: Paved; Public Transportation: Public Transport Access Water Body Type: Bay; Cove Recreational Water: Nearby; Oceanfront; Public Style: New Englander Construction: Wood Frame Other Structures: Shed(s) Basement: Finished; Full; Walk-Out Access Basement Entry: Exterior Only Exterior: Clapboard; Vertical Siding; Wood Siding Roof: Membrane; Shingle Heat System: Heat Pump; Hot Water; Radiant Heat Fuel: Gas Natural Water Heater: Gas; Off Heating System Cooling: Heat Pump Floors: Tile; Wood Amenities: 1st Floor Bedroom; Fence; Hot Tub; Laundry - 1st Floor; Laundry - 2nd Floor; Laundry - Hookup; Other; Primary Bedroom w/Bath; Walk-in Closets Patio and Porch Features: Deck; Patio; Porch Driveway: Paved Parking: 1 - 4 Spaces; On Site; Paved Vehicle Storage: Other Vehicle Storage Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public

Documents

Property Disclosure Public Access ›

Multi-Family Addendum ›

Lead Paint Addendum Public Access ›

Arsenic Wood ›

Deed Public Access ›

IDX

Listing Office: Portside Real Estate Group

Last Updated: June - 04 - 2026

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.