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  • Price cut: $15K (10/15)
    $710,000

    605 Washington Avenue, Portland, ME 04103

    8beds
    2,612sqft
    : 
    Multi Family
    Built in 1905
    -- sqft lot
    $705,900 Zestimate®
    $272/sqft
    $-- HOA

    What's special

    Large bedroomsBlown insulationFull basementExpanded living spaceClassic period details
    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.
    107 days
    |
    429
    |
    13
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 14, 2025 at 05:12am

    Listed by:

    Maine Real Estate Co

    Source: Maine Listings,MLS#: 1635440MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Hot Water
    Cooling
    • None
    Features
    • Bathtub, Shower
    • Flooring: Carpet, Laminate
    • Basement: Bulkhead,Full,Unfinished,Brick/Mortar
    Interior area
    • Total structure area: 2,612
    • Total interior livable area: 2,612 sqft
    • Finished area above ground: 2,612
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Gravel, 5 - 10 Spaces, Off Street, Detached
    • Garage spaces: 2
    Features
    • Patio & porch: Deck, Porch
    Lot
    • Size: 6,969.6 Square Feet
    • Features: Near Shopping, Near Turnpike/Interstate, Near Town, Corner Lot, Level, Sidewalks
    Details
    • Parcel number: PTLDM428BL001001
    • Zoning: RN3

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: New Englander
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Aluminum Siding, Vinyl Siding
    • Foundation: Brick/Mortar
    • Roof: Shingle
    Condition
    • Year built: 1905

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $272/sqft
    • Tax assessed value: $501,100
    • Annual tax amount: $7,522
    • Date on market: 8/25/2025
    • Road surface type: Paved

    Estimated market value

    $705,900

    $671,000 - $741,000

    $2,725/mo

    Price history

    Price history
    DateEventPrice
    10/15/2025Price change$710,000-2.1%$272/sqft
    Source: Maine Listings #1635440 Report a problem
    9/10/2025Price change$725,000-3.3%$278/sqft
    Source: Maine Listings #1635440 Report a problem
    8/25/2025Listed for sale$750,000+76.5%$287/sqft
    Source: Maine Listings #1635440 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    8/29/2019Sold$425,000+153.1%$163/sqft
    Source: Agent Provided Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$7,221 $501,100
    2023$7,221 +5.9%$501,100
    2022$6,820 +25.9%$501,100 +115.7%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $3,594/mo
    Principal & interest
    $2753
    Property taxes
    $592
    Home insurance
    $249

      Climate risks

      Neighborhood: East Deering

      Nearby schools

      GreatSchools rating

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