605 Washington Avenue, Portland, ME 04103
$710,000
Property Type:
Multi-Family
Baths:
2
Square Footage:
2,612
Lot Size (sq. ft.):
6,970
Status:
Active
Current Price:
$710,000
List Date:
8/25/2025
Last Modified:
11/14/2025
Description
Check out this amazing investment opportunity on Portland's Washington Ave offering two spacious 4-bedroom/1-bath units. Each 1,000+ square foot apartment contains large bedrooms, flexible living/dining layouts, and classic period details ready for your finishing touch. A full walk-up attic, served by two existing staircases, presents excellent potential for an additional unit or expanded living space (buyer to verify with the City of Portland). The full basement is perfect for storage and utilities and has blown insulation, two newer natural gas wall hung boilers, and washer/dryer hookups. The garage is in fair condition and currently provides convenient extra storage for tenants or the property owner. Lots of off street parking can be found outside on the nearly completely fenced in lot. This in-town location close to restaurants, coffee, transit, and parks makes for a strong addition to any investors portfolio or a great setup for enjoyable owner occupancy. Tenants will appreciate a convenient bus stop outside of the Washington Avenue entrance. Solid bones, big bedrooms, and an uncommon upside with the attic space. Bring your vision and add value in one of Portland's most convenient corridors.
Supplements: ********
More Information MLS# 1635440
Location Information
Book: 35945
Leased Land: No
Page: 26
Map: 428
Lot: 1
Zoning Overlay: Unknown
Association: No
Tree Growth Y/N: No
Street #: 605
Street Name: Washington
Street Type: Avenue
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04103
Zip +4: 4922
Zoning: RN3
Full Tax Amount $: 7522
Tax Year: 2024
Geo Lat: 43.682348
Geo Lon: -70.261051
Property Information
Surveyed: No
Seasonal: No
Number of Units: 2
Lot Size Acres +/-: 0.16
Total Baths: 2
Total Half Baths: 0
Color: White
SqFt Finished Above Grade: 2612
SqFt Finished Below Grade: 0
SqFt Source: Public Records
Garage: Yes
Garage Spaces: 2
Total Full Baths: 2
Year Built: 1905
SqFt Finished Total: 2612
Source of Acreage: Public Records
Site
Corner Lot: 1
Level: 1
Sidewalks: 1
Location
Near Shopping: 1
Near Town: 1
Near Turnpike/Interstate: 1
Roads
Paved: 1
Public: 1
Transportation
Near Airport: 1
Public Transport Access: 1
Water Info
Water Frontage: No
Water View: No
Style
New Englander: 1
Construction
Wood Frame: 1
Structure Type
Duplex: 1
Basement
Brick/Mortar: 1
Full: 1
Unfinished: 1
Foundation Materials
Brick/Mortar: 1
Exterior
Aluminum Siding: 1
Vinyl Siding: 1
Roof
Shingle: 1
Heat System
Hot Water: 1
Building Info
# Heating Units: 2
Heat Fuel
Gas Natural: 1
Income & Expenses
Gross Income: 72000
Operating Expenses: 9147
Cooling
None: 1
Floors
Carpet: 1
Laminate: 1
Units
# of 4+ BD Units: 2
Parking
5 - 10 Spaces: 1
Off Street: 1
Unit 1
Lease: No
Level: First
Security Deposit: No
Monthly Rent: 3000
# Full Baths: 1
# of Rooms: 7
# of Bedrooms: 4
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric
Circuit Breakers: 1
Unit 2
Lease: No
Level: Second
Security Deposit: No
Monthly Rent: 3000
# Full Baths: 1
# of Rooms: 7
# of Bedrooms: 4
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Gas
Natural - On Site: 1
Sewer
Public Sewer: 1
Water
Public: 1
Driveway
Gravel: 1
Basement Entry
Bulkhead: 1
Water Heater
Gas: 1
Off Heating System: 1
On Demand: 1
Amenities
Bathtub: 1
Fence: 1
Laundry - Hookup: 1
Shower: 1
Patio and Porch Features
Deck: 1
Porch: 1
Vehicle Storage
2 Car: 1
Detached: 1
Contract Information
Status: Active
Original List Price: 750000
List Price: $710,000
Current Price: $710,000
Property Features
Site: Corner Lot; Level; Sidewalks
Location: Near Shopping; Near Town; Near Turnpike/Interstate
Roads: Paved; Public
Transportation: Near Airport; Public Transport Access
Style: New Englander
Structure Type: Duplex
Construction: Wood Frame
Basement: Brick/Mortar; Full; Unfinished
Basement Entry: Bulkhead
Foundation Materials: Brick/Mortar
Exterior: Aluminum Siding; Vinyl Siding
Roof: Shingle
Heat System: Hot Water
Heat Fuel: Gas Natural
Water Heater: Gas; Off Heating System; On Demand
Cooling: None
Floors: Carpet; Laminate
Amenities: Bathtub; Fence; Laundry - Hookup; Shower
Patio and Porch Features: Deck; Porch
Driveway: Gravel
Parking: 5 - 10 Spaces; Off Street
Vehicle Storage: 2 Car; Detached
Electric: Circuit Breakers
Gas: Natural - On Site
Sewer: Public Sewer
Water: Public
Documents
Deed Public Access ›
Listing Office:
Maine Real Estate Co
IDX
Last Updated: November - 14 - 2025
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