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  • $685,000

    29 Ocean Avenue, Portland, ME 04103

    5beds
    2,196sqft
    Multi Family
    Built in 1890
    -- sqft lot
    $798,100 Zestimate®
    $312/sqft
    $3,130 Estimated rent

    Home value

    $798,100

    $726,000 - $878,000

    $3,130/mo

    Zestimate® history
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    $3,467/mo

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    What's special

    You will love being part of this vibrant neighborhood close to Baxter Blvd trail, Coveside Coffee, Sammy's Scoops, Food & Beverage Restaurant, Bayou Kitchen, Bird & Co. Tacos, Back Cove Books and more. Ocean Avenue Elementary is two blocks away and schools in Deering Center, USM, and the University of New England are nearby. Built in 1890, this duplex retains its original period charm while featuring updated bathrooms, new siding, and a new architectural shingle roof. The first-floor apartment boasts an eat-in kitchen, dining room, living room, and three bedrooms. The second-floor apartment offers a kitchen, spacious pantry, laundry room, dining room, living room, and two bedrooms. The attic, partially finished, presents expansion possibilities. Please note that the studio unit/workshop in the basement is not permitted with the City of Portland. The sizable yard is adorned with raised bed perennial gardens and includes a 96 SF shed. It is worth noting that zoning regulations may allow for additional units, and the new owner will have the freedom to set the rents since the building has been owner-occupied for many years. We recommend that interested buyers conduct further investigation with the City of Portland for more information. Block Showings; ShowingTime: Friday 6/23 12:00-3:00 pm; Saturday 6/24 12:00-3:00 pm, Sunday 2/25 12:00-4:00 pm. Monday 6/26 by appointment, please use ShowingTime.

    Zillow last checked: 8 hours ago

    Listing updated: January 14, 2025 at 07:05pm

    Listed by:

    Portside Real Estate Group

    Bought with:

    Portside Real Estate Group

    Source: Maine Listings,MLS#: 1563072MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Direct Vent Heater
    Cooling
    • None
    Features
    • Attic, Pantry
    • Flooring: Vinyl, Wood
    • Basement: Interior Entry,Walk-Out Access,Full,Brick/Mortar
    Interior area
    • Total structure area: 2,196
    • Total interior livable area: 2,196 sqft
    • Finished area above ground: 2,076
    • Finished area below ground: 120

    Property

    Parking
    • Parking features: Gravel, 5 - 10 Spaces, On Site, Off Street
    Features
    • Stories: 2
    Lot
    • Size: 8,276 sqft
    • Features: Near Golf Course, Near Shopping, Neighborhood, Level
    Details
    • Additional structures: Outbuilding
    • Parcel number: PTLDM129BG002001
    • Zoning: B1 + R3
    • Other equipment: Internet Access Available

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Foundation: Stone, Brick/Mortar
    • Roof: Composition,Shingle
    Condition
    • Year built: 1890

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Utilities On

    Community & neighborhood

    Location
    • Region: Portland

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/28/2023Sold$685,000+0.9%$312/sqft
    Source: Maine Listings #1563072
    7/3/2023Pending sale$679,000$309/sqft
    Source: Maine Listings #1563072
    6/22/2023Listed for sale$679,000+126.3%$309/sqft
    Source: Maine Listings #1563072
    9/1/2022Sold$300,000$137/sqft
    Source: Public Record

    Public tax history

    YearProperty taxesTax assessment
    2024$6,254 $434,000
    2023$6,254 +5.9%$434,000
    2022$5,907 -5.8%$434,000 +61.3%

    Find assessor info on the county website

    Neighborhood: Ocean Avenue

    Nearby schools

    GreatSchools rating
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    $798,100
    2% more+ $15,962
    With Zillow Showcase(estimated)
    $814,062