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    1155 Washington Ave Portland, ME 04103

    New
    For Sale
    $799,000

    MULTI_FAMILY - Other - Portland, ME

    Property size:
    2,592 SF
    Lot size:
    0.52 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 7 at 9:06 pm

    Property Features for 1155 Washington Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RN1
    Rooms
    Bathroom 1, Bathroom 2, Basement
    Parking features
    Off Street
    Patio and Porch features
    Deck, Porch
    Pets allowed
    No
    Interior features
    1st Floor Bedroom, Attic, Bathtub, One-Floor Living, Shower, Storage
    Basement
    Full, Walk-Out Access, Unfinished
    Size
    2,592 SF
    Lot size
    0.52 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating), Steam, Other (Heating)
    Water source
    Public

    Building Details

    Year built
    1915
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Wood
    Building materials
    Vinyl Siding, Wood Frame
    Roof type
    Shingle
    Architectural style
    Other
    Additional Structures
    Storage

    Benchmark Real Estate

    Listing agent Thomas Landry (207) 775-0248

    Listing date Dec 1, 2025

    MLS# 1643908 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Historic Multifamily in North Deering

    Located in the desirable North Deering area, this turnkey historic two-family property at 1155 Washington Avenue in Portland, ME, offers convenient access to in-town Portland, shops, restaurants, and Portland Trails for outdoor activities. The property has been completely updated with a new roof, electrical and plumbing systems, refreshed and refinished floors, new kitchens and baths, and fresh interior and exterior paint. Neither unit has been occupied since the renovation. Both condo-quality units feature 2 bedrooms, 1 bathroom, in-unit laundry, updated kitchens and baths, laundry/pantry, formal living and dining rooms, private entries, original trim, built-ins, high ceilings, and abundant natural light. Each unit is separately metered for heat, hot water, and electric. The building has never been registered with the City, allowing market rents. The upper unit has direct access to a full third level, ideal for storage or future expansion. The property is part of a small association with two additional condo units to be constructed in the middle of the lot, and this structure is already condo-converted, offering the option to sell units separately. The shared lot size is 0.52 acres and offers outdoor space for gardening, play, and entertaining. The property size is 2592 square feet. The zoning is RN1. This property is suitable for owner-occupancy or as a single-family alternative, allowing the owner to live in one unit and rent the other. The property offers exceptional value given its quality, location, and flexibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.282121
    Latitude
    43.693176

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    FAQs

    What type of property is this?
    Duplex - Updated two-family property near shops, restaurants, and Portland Trails.
    Where is this duplex located?
    The property is located at 1155 Washington Ave Portland, ME.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Turnkey, fully renovated 2-family in desirable North Deering location, close to Portland, shops, restaurants, and trails.; - Condo-quality units feature 2BR, 1BA, in-unit laundry, updated kitchens/baths, private entries, original trim, and abundant natural light.; - Building is already condo-converted, offering the option to sell units separately.
    (207) 775-0248
    Request Owner's contact information
    1155 Washington Ave Portland, ME 04103
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    Portland, ME 04103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1155 Washington Ave Portland, ME 04103
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