Two-unit multifamily property located at 25 Forest Street, Portland, ME. The building is currently vacant and offers an opportunity for a buyer to complete needed updates and repairs. The property is located in a residential area with convenient access to downtown Portland, public transportation, and major roadways.
The location provides proximity to Maine Medical Center and other nearby healthcare facilities, as well as local parks, ball fields, and recreational areas. Everyday amenities including shopping, dining, and services are located nearby. This property may be suitable for an investor or owner-occupant seeking to add value in the Portland market
Pending
$399,950
25 Forest Street, Portland, ME 04102
3beds
1,530sqft
Est.:
Multi Family
Built in 1874
-- sqft lot
$-- Zestimate®
$261/sqft
$-- HOA
What's special
- 35 days |
- 1,831 |
- 48 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: February 03, 2026 at 10:26am
Listed by:
Excellence Realty
Source: Maine Listings,MLS#: 1649680
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Flooring: Tile, Wood
- Basement: Interior Entry
- Has fireplace: No
Interior area
- Total structure area: 1,530
- Total interior livable area: 1,530 sqft
- Finished area above ground: 1,530
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: Multi/Split
- Stories: 2
- Patio & porch: Porch
Lot
- Size: 1,742.4 Square Feet
Details
- Parcel number: PTLDM053BA013001
- Zoning: R6
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Mansard
- Property subtype: Multi Family
Materials
- Roof: Fiberglass,Shingle
Condition
- Year built: 1874
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: Portland
Financial & listing details
- Price per square foot: $261/sqft
- Tax assessed value: $437,600
- Annual tax amount: $6,568
- Date on market: 1/19/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/3/2026 | Pending sale | $399,950$261/sqft |
Source: | ||
| 1/19/2026 | Listed for sale | $399,950$261/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,306 | $437,600 |
| 2023 | $6,306 +5.9% | $437,600 |
| 2022 | $5,956 +39.6% | $437,600 +139.1% |
| 2020 | $4,266 | $183,000 |
| 2019 | $4,266 +3.7% | $183,000 |
| 2018 | $4,114 +3.8% | $183,000 |
| 2017 | $3,962 +2.6% | $183,000 |
| 2016 | $3,863 +2.3% | $183,000 |
| 2015 | $3,775 +3.1% | $183,000 |
| 2014 | $3,660 | $183,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,390/mo
Principal & interest
$2063
Property taxes
$327
Climate risks
Neighborhood: Valley Street
Nearby schools
GreatSchools rating
- 3/10Howard C Reiche Community SchoolGrades: PK-5Distance: 0.6 mi
- 2/10King Middle SchoolGrades: 6-8Distance: 0.2 mi
- 4/10Portland High SchoolGrades: 9-12Distance: 1 mi








