671-675 Forest Avenue, Portland, ME 04103
$1,499,000
Property Type:
Multi-Family
Baths:
9
Square Footage:
7,446
Lot Size (sq. ft.):
5,227
Status:
Active
Current Price:
$1,499,000
List Date:
1/24/2026
Last Modified:
3/19/2026
Description
INVESTORS TAKE NOTICE: 1 retail and 8 residential units (9 units total) in a prime Portland location! Discover a unique investment opportunity at the vibrant intersection of Forest Ave, Woodford St, and Ocean Ave. This property features a strategic location with one street-level retail unit, perfect for businesses seeking prime visibility, and eight residential units on the second floor, providing modern living spaces with 1 to 3 bedrooms.Positioned at a bustling intersection, the property promises high traffic and accessibility via major thoroughfares and public transportation. Investors can capitalize on a steady rental income stream from the mix of residential and commercial spaces, while the prime location ensures long-term appreciation and demand. Explore the potential of this mixed-use gem, combining convenience, versatility, and income prospects. Schedule your private viewing and seize the opportunity to invest in this dynamic property. The full finished basement, equipped with a loading dock, adds versatility for potential expansion, storage, or logistical convenience for the retail unit.
Supplements: ********
More Information MLS# 1650249
Location Information
Street #: 671-675
Street Name: Forest
Street Type: Avenue
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04103
Zip +4: 4101
Leased Land: No
Book: 31169
Page: 226
Map: 129
Lot: L002
Zoning: B2B
Zoning Overlay: Unknown
Association: No
Full Tax Amount $: 15028
Tax Year: 2026
Tree Growth Y/N: No
Geo Lat: 43.671155
Geo Lon: -70.284153
Contract Information
Status: Active
Original List Price: 1499000
List Price: $1,499,000
Current Price: $1,499,000
Property Information
Surveyed: No
Seasonal: No
Owner Occupied: No
Number of Units: 9
Total Baths: 9
Total Full Baths: 8
Total Half Baths: 1
Color: Brick
Year Built: 1910
SqFt Finished Above Grade: 7446
SqFt Finished Total: 7446
Garage: No
Lot Size Acres +/-: 0.12
Source of Acreage: Public Records
Water Info
Water Frontage: No
Water View: No
Building Info
# Stories: 2
Units
# of 1 BD Units: 4
# of 2 BD Units: 2
# of 3 BD Units: 3
Unit 1
Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 2585
# Full Baths: 1
# of Bedrooms: 3
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2
Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 2400
# Full Baths: 1
# of Bedrooms: 3
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: No
Water: No
Unit 3
Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1980
# Full Baths: 1
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 4
Lease: No
Level: Second
Security Deposit: Yes
Monthly Rent: 1500
# Full Baths: 1
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Water: Yes
Unit 5
Lease: Yes
Level: Second
Security Deposit: Yes
Monthly Rent: 1644
# Full Baths: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: Yes
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 6
Lease: No
Level: Basement
Security Deposit: No
Monthly Rent: 1600
# Full Baths: 1
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: No
Range: No
Refrigerator: No
Sewer: No
Water: No
Unit 7
Lease: No
Level: First
Security Deposit: No
Monthly Rent: 2700
# Full Baths: 1
# of Bedrooms: 3
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: No
Range: No
Refrigerator: No
Sewer: No
Water: No
Unit 8
Lease: No
Level: First
Security Deposit: No
Monthly Rent: 1600
# Full Baths: 1
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Heat: No
Range: No
Refrigerator: No
Sewer: No
Water: No
Unit 9
Lease: No
Level: First
Security Deposit: Yes
Monthly Rent: 2000
# Half Baths: 1
# of Rooms: 1
# of Bedrooms: 1
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: No
Heat: No
Range: No
Refrigerator: No
Sewer: No
Water: No
Property Features
Site: Level; Open; Sidewalks
Location: Business District; Intown; Near Country Club; Near Golf Course; Near Shopping; Near Turnpike/Interstate
Roads: Paved; Public
Transportation: Near Airport; Public Transport Access
Style: Other
Construction: Masonry
Basement: Finished; Full; Unfinished; Walk-Out Access
Basement Entry: Interior
Exterior: Brick; Brick Veneer
Roof: Flat; Other
Heat System: Baseboard; Hot Water
Heat Fuel: Oil
Water Heater: Electric; Off Heating System
Cooling: None
Floors: Carpet; Tile; Vinyl
Amenities: Sprinkler
Driveway: Common; Paved
Parking: 1 - 4 Spaces; Off Street; On Site; On Street; Paved
Vehicle Storage: No Vehicle Storage
Electric: Circuit Breakers
Gas: Natural - At Street
Sewer: Public Sewer
Water: Public
Documents
Listing Office: Maine Real Estate Co
Last Updated: March - 19 - 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.
