671-675 Forest Avenue, Portland, ME 04103

$1,499,000
Property Type: Multi-Family Baths: 9 Square Footage: 7,446 Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $1,499,000 List Date: 1/24/2026 Last Modified: 3/19/2026

Overview

Description

INVESTORS TAKE NOTICE: 1 retail and 8 residential units (9 units total) in a prime Portland location! Discover a unique investment opportunity at the vibrant intersection of Forest Ave, Woodford St, and Ocean Ave. This property features a strategic location with one street-level retail unit, perfect for businesses seeking prime visibility, and eight residential units on the second floor, providing modern living spaces with 1 to 3 bedrooms.Positioned at a bustling intersection, the property promises high traffic and accessibility via major thoroughfares and public transportation. Investors can capitalize on a steady rental income stream from the mix of residential and commercial spaces, while the prime location ensures long-term appreciation and demand. Explore the potential of this mixed-use gem, combining convenience, versatility, and income prospects. Schedule your private viewing and seize the opportunity to invest in this dynamic property. The full finished basement, equipped with ...

Listing Details MLS# 1650249

Location Information

Street #
671-675
Street Name
Forest
Street Type
Avenue
County
Cumberland
Town
Portland
State/Province
ME
Zip Code
04103
Zip +4
4101
Leased Land
No
Book
31169
Page
226
Map
129
Lot
L002
Zoning
B2B
Zoning Overlay
Unknown
Association
No
Full Tax Amount $
15028
Tax Year
2026
Tree Growth Y/N
No

Contract Information

Original List Price
1499000

Property Information

Surveyed
No
Seasonal
No
Owner Occupied
No
Number of Units
9
Total Baths
9
Total Full Baths
8
Total Half Baths
Yes
Color
Brick
Year Built
1910
SqFt Finished Above Grade
7446
SqFt Finished Total
7446
Garage
No
Lot Size Acres +/-
0.12
Source of Acreage
Public Records
SqFt Finished Below Grade
0
Garage Spaces
0

Water Info

Water Frontage
No
Water View
No

Building Info

# Stories
2

Units

# of 1 BD Units
4
# of 2 BD Units
2
# of 3 BD Units
3

More Information

Unit 1

Lease
No
Level
Second
Security Deposit
Yes
Monthly Rent
2585
# Full Baths
Yes
# of Bedrooms
3
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 2

Lease
No
Level
Second
Security Deposit
Yes
Monthly Rent
2400
# Full Baths
Yes
# of Bedrooms
3
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
No
Water
No

Unit 3

Lease
Yes
Level
Second
Security Deposit
Yes
Monthly Rent
1980
# Full Baths
Yes
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 4

Lease
No
Level
Second
Security Deposit
Yes
Monthly Rent
1500
# Full Baths
Yes
# of Bedrooms
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Water
Yes
Sewer
Yes

Unit 5

Lease
Yes
Level
Second
Security Deposit
Yes
Monthly Rent
1644
# Full Baths
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 6

Lease
No
Level
Basement
Security Deposit
No
Monthly Rent
1600
# Full Baths
Yes
# of Bedrooms
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
No
Range
No
Refrigerator
No
Sewer
No
Water
No

Unit 7

Lease
No
Level
First
Security Deposit
No
Monthly Rent
2700
# Full Baths
Yes
# of Bedrooms
3
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
No
Range
No
Refrigerator
No
Sewer
No
Water
No

Unit 8

Lease
No
Level
First
Security Deposit
No
Monthly Rent
1600
# Full Baths
Yes
# of Bedrooms
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
No
Range
No
Refrigerator
No
Sewer
No
Water
No

Unit 9

Lease
No
Level
First
Security Deposit
Yes
Monthly Rent
2000
# Half Baths
Yes
# of Rooms
Yes
# of Bedrooms
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
Yes
Dedicated Water Heater
Yes
Electric
No
Heat
No
Range
No
Refrigerator
No
Sewer
No
Water
No

Site

Level
Yes
Open
Yes
Sidewalks
Yes

Location

Business District
Yes
Intown
Yes
Near Country Club
Yes
Near Golf Course
Yes
Near Shopping
Yes
Near Turnpike/Interstate
Yes

Roads

Paved
Yes
Public
Yes

Transportation

Near Airport
Yes
Public Transport Access
Yes

Style

Other
Yes

Construction

Masonry
Yes

Basement

Finished
Yes
Full
Yes
Unfinished
Yes
Walk-Out Access
Yes

Exterior

Brick
Yes
Brick Veneer
Yes

Roof

Flat
Yes
Other
Yes

Heat System

Baseboard
Yes
Hot Water
Yes

Heat Fuel

Oil
Yes

Income & Expenses

Gross Income
145308
Operating Expenses
34519

Cooling

None
Yes

Floors

Carpet
Yes
Tile
Yes
Vinyl
Yes

Parking

1 - 4 Spaces
Yes
Off Street
Yes
On Site
Yes
On Street
Yes
Paved
Yes

Electric

Circuit Breakers
Yes

Gas

Natural - At Street
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Driveway

Common
Yes
Paved
Yes

Basement Entry

Interior
Yes

Water Heater

Electric
Yes
Off Heating System
Yes

Amenities

Sprinkler
Yes

Vehicle Storage

No Vehicle Storage
Yes

Property Features

Site: Level; Open; Sidewalks Location: Business District; Intown; Near Country Club; Near Golf Course; Near Shopping; Near Turnpike/Interstate Roads: Paved; Public Transportation: Near Airport; Public Transport Access Style: Other Construction: Masonry Basement: Finished; Full; Unfinished; Walk-Out Access Basement Entry: Interior Exterior: Brick; Brick Veneer Roof: Flat; Other Heat System: Baseboard; Hot Water Heat Fuel: Oil Water Heater: Electric; Off Heating System Cooling: None Floors: Carpet; Tile; Vinyl Amenities: Sprinkler Driveway: Common; Paved Parking: 1 - 4 Spaces; Off Street; On Site; On Street; Paved Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - At Street Sewer: Public Sewer Water: Public

Documents

IDX
Listing Office: Maine Real Estate Co
Last Updated: March - 19 - 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.
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