4-Unit with a barn and ample parking just off the peninsula! A short walk to Payson Park, and quick and easy access to Downtown Portland and I-295, this multi has undergone many recent updates, but still offers the next owner plenty of opportunity to add value - including expansion potential into the large third floor. Convert the barn into a workshop or storage for additional income or personal use, take advantage of the large amount of parking for this area by leasing spaces, there are so many ways to make this multi work!
Closed
$820,000
542 Washington Avenue, Portland, ME 04103
7beds
3,422sqft
Multi Family
Built in 1875
-- sqft lot
$892,000 Zestimate®
$240/sqft
$3,219 Estimated rent
Home value
$892,000
$830,000 - $954,000
$3,219/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 14, 2025 at 07:06pm
Listed by:
Vitalius Real Estate Group, LLC
Bought with:
The Flaherty Group
Source: Maine Listings,MLS#: 1566612
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Flooring: Carpet, Tile, Vinyl, Wood
- Basement: Exterior Entry,Full,Unfinished
Interior area
- Total structure area: 3,422
- Total interior livable area: 3,422 sqft
- Finished area above ground: 3,422
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Paved, 1 - 4 Spaces, Off Street, Detached
- Garage spaces: 2
Features
- Levels: Multi/Split
Lot
- Size: 3,049 sqft
- Features: City Lot, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad, Level, Open Lot, Sidewalks
Details
- Parcel number: PTLDM166BF006001
- Zoning: R5
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Wood Frame, Asbestos, Vinyl Siding, Wood Siding
- Roof: Shingle
Condition
- Year built: 1875
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
| Date | Event | Price |
|---|---|---|
| 11/16/2023 | Sold | $820,000+2.6%$240/sqft |
Source:  Maine Listings #1566612 | ||
| 9/20/2023 | Pending sale | $799,000$233/sqft |
Source: Maine Listings #1566612 | ||
| 8/18/2023 | Listed for sale | $799,000$233/sqft |
Source: Maine Listings #1566612 | ||
| 8/9/2023 | Contingent | $799,000$233/sqft |
Source: Maine Listings #1566612 | ||
| 7/26/2023 | Listed for sale | $799,000$233/sqft |
Source: Maine Listings #1566612 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,302 | $576,100 |
| 2023 | $8,302 +5.9% | $576,100 |
| 2022 | $7,841 +3.3% | $576,100 +76.9% |
Find assessor info on the county website
Neighborhood: East Deering
Nearby schools
GreatSchools rating
- 5/10Presumpscot SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Lyman Moore Middle SchoolGrades: 6-8Distance: 2.3 mi
- 4/10Portland High SchoolGrades: 9-12Distance: 1.5 mi
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$892,000
2% more+ $17,840
With Zillow Showcase(estimated)
$909,840