311 Ocean Street, South Portland, ME 04106
$795,000
Property Type:
Multi-Family
Baths:
4
Square Footage:
3,996
Lot Size (sq. ft.):
36,590
Status:
Closed
Current Price:
$795,000
List Date:
11/13/2025
Last Modified:
3/23/2026
Description
DON'T MISS OUT on this incredible opportunity! Priced to sell as-is with expansion potential in one of South Portland's most desirable locations. This iconic 4-unit property delivers versatility for investors, multi-generational living, or anyone seeking a flexible home-based business setup.
Originally built in 1900, this late-19th-century New Englander blends Colonial Revival character with timeless craftsmanship and period details throughout. Rich woodwork, hardwood floors, stained-glass accents, built-ins, and high ceilings create an atmosphere filled with warmth and charm.
The property features four distinct spaces, including three spacious residential units — a first-floor 3 BR, two upper-level 2 BR units — and a dedicated home-occupancy suite once used as a pet-grooming business, perfect for a salon, studio, or office. A handsome fireplace, wrap-around enclosed porch, and large sun-filled rooms add to its appeal.
An attached barn with loft and one-car garage offers incredible versatility, ideal for storage, a workshop, or potential in-law/ADU conversion. Set on a beautifully landscaped .84-acre corner lot with mature trees, gardens, and a tranquil stream, there may also be potential for a buildable lot (buyer to verify).
Located minutes from Downtown Portland, Willard Beach, Bug Light Park, Spring Point Lighthouse, and Southern Maine Community College, with easy access to Portland International Jetport, Casco Bay Ferry Lines, and top-rated South Portland schools, this is coastal Maine living at its best.
Bring your vision and unlock the potential of this one-of-a-kind property in the heart of South Portland. So much opportunity to live, work, and invest all in one prime location!
Supplements: ********
More Information MLS# 1643403
Location Information
Street #: 311
Street Name: Ocean
Street Type: Street
County: Cumberland
Town: South Portland
State/Province: ME
Zip Code: 04106
Leased Land: No
Book: 29341
Page: 232
Map: 19
Lot: 47
Zoning: R-AA
Zoning Overlay: Unknown
Association: No
Full Tax Amount $: 10355
Tax Year: 2024
Tree Growth Y/N: No
Geo Lat: 43.631258
Geo Lon: -70.251931
Contract Information
Status: Closed
Original List Price: 995000
Sold Price: $795,000
Current Price: $795,000
Property Information
Surveyed: Unknown
Seasonal: No
Owner Occupied: Yes
Deed/Conveyance Type Offered: Quit Claim w/Covenant
Deed: All
Number of Units: 4
Total Baths: 4
Total Full Baths: 4
Color: Gray
Year Built: 1900
SqFt Finished Above Grade: 3996
SqFt Finished Total: 3996
SqFt Source: Public Records
Garage: Yes
Garage Spaces: 1
Lot Size Acres +/-: 0.84
Source of Acreage: Public Records
Status Change Info
Pending Date: 2026-01-14
Closed Date: 2026-03-20
Closed Price: 795000
Water Info
Water Frontage: No
Water View: No
Building Info
# Fireplaces: 1
# Stories: 3
# Floors: 3
# Heating Units: 3
# Water Heaters: 1
Units
# of 1 BD Units: 1
# of 2 BD Units: 2
# of 3 BD Units: 1
Unit 1
Lease: No
Level: First
Security Deposit: No
# Full Baths: 1
# of Rooms: 6
# of Bedrooms: 3
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: No
Range: No
Refrigerator: No
Sewer: No
Water: No
Unit 2
Lease: No
Level: Second
Security Deposit: No
# Full Baths: 1
# of Rooms: 5
# of Bedrooms: 2
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: No
Range: No
Refrigerator: No
Sewer: No
Water: No
Unit 3
Lease: No
Level: Third
Security Deposit: No
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: No
Range: No
Refrigerator: No
Sewer: No
Water: No
Unit 4
Lease: No
Level: First
Security Deposit: No
# Full Baths: 1
# of Rooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: No
Refrigerator: No
Water: Yes
Vehicle Storage
Attached: 1
Utilities
Utilities On: No
Sold Info
Appraiser Email Address: mpillsbury7@gmail.com
Property Features
Site: Corner Lot; Level; Open; Sidewalks; Well Landscaped; Wooded
Location: Intown; Near Country Club; Near Golf Course; Near Public Beach; Near Railroad; Near Shopping; Near Turnpike/Interstate
Roads: Paved; Public
Transportation: Deep Water Access; Major Road Access; Near Airport; Public Transport Access; Rail Available
Recreational Water: Nearby; River/Brook/Stream
View: Scenic; Trees/Woods
Style: New Englander
Levels: Multi-Level
Construction: Wood Frame
Other Structures: Barn(s); Shed(s)
Basement: Full; Unfinished
Basement Entry: Bulkhead; Interior
Foundation Materials: Stone
Exterior: Clapboard; Shingle Siding; Wood Siding
Roof: Composition; Fiberglass; Shingle
Heat System: Hot Water; Radiator; Steam; Zoned
Heat Fuel: Gas Natural
Water Heater: Gas; Off Heating System; Tank; Tankless
Cooling: None
Floors: Carpet; Linoleum; Wood
Window Features: Double Pane Windows; Storm Window(s)
Amenities: 1st Floor Bedroom; Bathtub; Fence; Other Amenities; Pantry; Shower; Storage
Patio and Porch Features: Glassed-in Porch; Porch
Energy Efficiency: Ceiling Fans
Driveway: Paved
Parking: 5 - 10 Spaces; On Site
Vehicle Storage: 1 Car
Restrictions: No Restrictions
Electric: Circuit Breakers
Gas: Natural - At Street
Sewer: Public Sewer
Water: Public
Documents
Listing Office: EXP Realty
Last Updated: March - 23 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
