1435 Forest Avenue, Portland, ME 04103

$599,000
Property Type: Multi-Family Baths: 1 Square Footage: 2,910 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $599,000 List Date: 4/03/2026 Last Modified: 4/13/2026

Overview

Description

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.

Listing Details MLS# 1646140

Location Information

Street #
1435
Street Name
Forest
Street Type
Avenue
County
Cumberland
Town
Portland
State/Province
ME
Zip Code
04103
Zip +4
1728
Leased Land
No
Book
41550
Page
253
Map
340
Lot
4
Zoning
D3
Zoning Overlay
Unknown
Association
No
Full Tax Amount $
7529
Tax Year
2024
Tree Growth Y/N
No

Contract Information

Original List Price
625000

Property Information

Surveyed
Unknown
Seasonal
No
Number of Units
Yes
Total Baths
Yes
Total Half Baths
Yes
Year Built
1923
SqFt Finished Above Grade
2910
SqFt Finished Total
2910
SqFt Source
Public Records
Garage
No
Lot Size Acres +/-
0.17
Source of Acreage
Public Records
SqFt Finished Below Grade
0
Garage Spaces
0

Water Info

Water Frontage
No
Water View
No

Units

# of 3 BD Units
Yes

Unit 1

Lease
No
Level
First
Security Deposit
No
# of Half Baths
Yes
# of Rooms
3
Dedicated Electric Meter
Yes
Dedicated Gas Meter
Yes
Dedicated Water Heater
Yes
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
No
Sewer
Yes
Water
Yes
Monthly Rent
0

More Information

Site

Level
Yes
Sidewalks
Yes

Location

Intown
Yes
Near Shopping
Yes
Near Town
Yes
Near Turnpike/Interstate
Yes
Neighborhood
Yes

Roads

Paved
Yes
Public
Yes

Style

New Englander
Yes
Other
Yes

Construction

Wood Frame
Yes

Basement

Brick/Mortar
Yes

Exterior

Wood Siding
Yes

Roof

Shingle
Yes

Heat System

Direct Vent Furnace
Yes
Forced Air
Yes
Heat Pump
Yes

Heat Fuel

Electric
Yes
Gas Natural
Yes
Oil
Yes

Income & Expenses

Gross Income
28800
Operating Expenses
0

Cooling

None
Yes

Floors

Carpet
Yes
Laminate
Yes
Tile
Yes
Vinyl
Yes

Parking

1 - 4 Spaces
Yes

Electric

Circuit Breakers
Yes

Gas

Natural - On Site
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Driveway

Paved
Yes

Basement Entry

Interior
Yes

Water Heater

Electric
Yes
Gas
Yes

Amenities

Laundry - 1st Floor
Yes

Equipment

Other Equipment
Yes

Vehicle Storage

No Vehicle Storage
Yes

Property Features

Site: Level; Sidewalks Location: Intown; Near Shopping; Near Town; Near Turnpike/Interstate; Neighborhood Roads: Paved; Public Style: New Englander; Other Construction: Wood Frame Basement: Brick/Mortar Basement Entry: Interior Exterior: Wood Siding Roof: Shingle Heat System: Direct Vent Furnace; Forced Air; Heat Pump Heat Fuel: Gas Natural; Oil Water Heater: Electric; Gas Cooling: None Floors: Carpet; Laminate; Tile; Vinyl Amenities: Laundry - 1st Floor Equipment: Other Equipment Driveway: Paved Parking: 1 - 4 Spaces Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public
IDX
Listing Office: Better Homes & Gardens Real Estate/The Masiello Group
Last Updated: April - 13 - 2026
Broker Attribution: 2072813837

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.