124 Ocean Avenue, Portland, ME 04103
$795,000
Property Type:
Multi-Family
Baths:
3
Square Footage:
2,458
Lot Size (sq. ft.):
19,602
Status:
Active
Current Price:
$795,000
List Date:
3/05/2026
Last Modified:
3/06/2026
Description
Step into this classic 1826 home, beautifully set back from Ocean Avenue and surrounded by beautiful spring, summer, and fall gardens. Rich with character and history, this property offers a rare opportunity to own a piece of the past while bringing your own vision for thoughtful updates throughout.
The home features a new high-efficiency boiler that heats the main house, along with the option to use a traditional wood/coal stove in the kitchen for supplemental warmth. An at-will tenant provides steady monthly income, offering flexibility for investors or owner-occupants alike.
Recently pre-inspected for the buyer's convenience, the property has also been surveyed for three possible lots--presenting exciting potential for future expansion or investment.
Ideally located close to Ocean Avenue Elementary School, popular local dining spots such as Tipo, Bayou Kitchen and neighborhood favorite Sammy's Scoops, you'll enjoy both tranquility and accessibility in one desirable setting. Enjoy the added benefit of being within walking distance to numerous nearby trails, perfect for hiking, biking, and exploring the outdoors.
Whether you're seeking a charming primary residence or an investment opportunity, this historic home invites you to imagine the possibilities. Located on the corner of Ocean Avenue and Mayland Street.
Supplements: ********
More Information MLS# 1653435
Location Information
Book: 12424
Leased Land: No
Page: 182
Map: 138
Block: D
Lot: 15
Zoning Overlay: Unknown
Association: No
Tree Growth Y/N: No
Street #: 124
Street Name: Ocean
Street Type: Avenue
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04103
Zip +4: 5726
Zoning: RN-3
Neighborhood Association: Back Cove
Full Tax Amount $: 7500
Tax Year: 2024
Geo Lat: 43.676004
Geo Lon: -70.282955
Property Information
Surveyed: Yes
Seasonal: No
Owner Occupied: Yes
Number of Units: 2
Deed/Conveyance Type Offered: Warranty
Lot Size Acres +/-: 0.45
Total Baths: 3
Total Half Baths: 1
Color: Teal
SqFt Finished Above Grade: 2458
SqFt Finished Below Grade: 0
SqFt Source: Public Records
Garage: No
Garage Spaces: 0
Total Full Baths: 2
Year Built: 1826
SqFt Finished Total: 2458
Source of Acreage: Public Records
Site
Corner Lot: 1
Well Landscaped: 1
Location
Near Shopping: 1
Near Town: 1
Neighborhood: 1
Roads
Paved: 1
Public: 1
Water Info
Water Frontage: No
Water View: No
Style
New Englander: 1
Construction
Wood Frame: 1
Basement
Full: 1
Sump Pump: 1
Unfinished: 1
Walk-Out Access: 1
Exterior
Wood Siding: 1
Roof
Membrane: 1
Shingle: 1
Heat System
Coal Stove: 1
Hot Water: 1
Radiator: 1
Space Heater: 1
Wood Stove: 1
Building Info
# Fireplaces: 3
# Stories: 2
# Floors: 2
# Heating Units: 2
# Water Heaters: 1
Heat Fuel
Coal: 1
Gas Natural: 1
Propane: 1
Wood: 1
Income & Expenses
Gross Income: 0
Operating Expenses: 0
Cooling
None: 1
Floors
Carpet: 1
Linoleum: 1
Wood: 1
Units
# of 1 BD Units: 1
# of 3 BD Units: 1
Parking
1 - 4 Spaces: 1
On Site: 1
Unit 1
Lease: No
Level: First
Security Deposit: No
Monthly Rent: 0
# Full Baths: 1
# of Half Baths: 1
# of Rooms: 6
# of Bedrooms: 3
Dedicated Electric Meter: No
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric
Circuit Breakers: 1
Unit 2
Lease: No
Level: Second
Security Deposit: No
Monthly Rent: 1000
# Full Baths: 1
# of Rooms: 3
# of Bedrooms: 1
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Gas
Bottled: 1
Natural - On Site: 1
Sewer
Public Sewer: 1
Water
Public: 1
Driveway
Other: 1
Basement Entry
Interior: 1
Water Heater
Electric: 1
Amenities
1st Floor Bedroom: 1
Bathtub: 1
Shower: 1
Patio and Porch Features
Deck: 1
Porch: 1
Equipment
Internet Access Available: 1
Vehicle Storage
No Vehicle Storage: 1
Contract Information
Status: Active
Original List Price: 795000
List Price: $795,000
Current Price: $795,000
Property Features
Site: Corner Lot; Well Landscaped
Location: Near Shopping; Near Town; Neighborhood
Roads: Paved; Public
Style: New Englander
Construction: Wood Frame
Basement: Full; Sump Pump; Unfinished; Walk-Out Access
Basement Entry: Interior
Exterior: Wood Siding
Roof: Membrane; Shingle
Heat System: Coal Stove; Hot Water; Radiator; Space Heater; Wood Stove
Heat Fuel: Coal; Gas Natural; Propane; Wood
Water Heater: Electric
Cooling: None
Floors: Carpet; Linoleum; Wood
Amenities: 1st Floor Bedroom; Bathtub; Shower
Patio and Porch Features: Deck; Porch
Equipment: Internet Access Available
Driveway: Other
Parking: 1 - 4 Spaces; On Site
Vehicle Storage: No Vehicle Storage
Electric: Circuit Breakers
Gas: Bottled; Natural - On Site
Sewer: Public Sewer
Water: Public
Documents
Listing Office:
RE/MAX Shoreline
IDX
Last Updated: March - 06 - 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 ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

Property Disclosure Public Access ›