Skip main navigation
Active
  • $899,000

    736 Forest Avenue, Portland, ME 04103

    6beds
    3,540sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $254/sqft
    $-- HOA

    What's special

    Abundant street parking
    High-visibility property in the Mixed Use Zone B-2B, located on the corner of Forest Ave & Pleasant Ave, just north of Woodford's Corner. The property offers a first-floor 829 SF commercial corner suite with approx 35,000+ cars/day traffic count - ideal for retail, office, salon/barber, and other permitted uses (see land use docs). The upper levels contain two vacant, fully renovated residential units with separate entrances: a 2BD/1BA (945 SF, projected rent $2,750/month) and a 4BD/2BA (1,766 SF, projected rent $3,9000/month). Strong rental demand and modern finishes position these units for immediate occupancy. Additional features include off-street parking for 3 vehicles, abundant street parking, and direct access to public transportation. Strategic location minutes from I-295 and downtown Portland, and within half a mile of Back Cove, Stevens Ave Deering neighborhood (Norimoto Bakery, Rambler Café, Pat's Meat Market), and Woodfords Corner amenities. A flexible investment opportunity suitable for owner-occupiers or investors seeking a mixed-use property with strong signage visibility and cash flow potential. Also listed as COMMERCIAL MLS#: 1638190
    83 days
    |
    334
    |
    12
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 24, 2025 at 06:36am

    Listed by:

    Elevate Maine Realty

    Source: Maine Listings,MLS#: 1638196MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Direct Vent Heater
    Cooling
    • None
    Features
    • Flooring: Wood
    • Basement: Interior Entry,Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,540
    • Total interior livable area: 3,540 sqft
    • Finished area above ground: 3,540
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Paved, 1 - 4 Spaces, On Site
    Features
    • Levels: Multi/Split
    • Stories: 3
    Lot
    • Size: 3,920.4 Square Feet
    • Features: Business District, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Corner Lot, Sidewalks
    Details
    • Parcel number: 736ForestAVEPortland130H1824
    • Zoning: B2b

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: New Englander
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Aluminum Siding
    • Foundation: Brick/Mortar
    • Roof: Shingle
    Condition
    • Year built: 1900

    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: $254/sqft
    • Annual tax amount: $9,005
    • Date on market: 9/19/2025

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    9/19/2025Listed for sale$899,000$254/sqft
    Source: Maine Listings #1638196 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $4,550/mo
    Principal & interest
    $3486
    Property taxes
    $749
    Home insurance
    $315

      Climate risks

      Neighborhood: Deering Center

      Nearby schools

      GreatSchools rating

      Similar homes

      Skip to the end of the carouselSkip to the beginning of the carousel
      • Loading
      • Loading