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160 Washington Avenue Portland, ME 04101

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For Sale
$1,495,000

MULTI_FAMILY - Colonial - Portland, ME

Property size:
4,732 SF
Lot size:
0.15 Acres
Added:
Aug 29, 2025
Days on Market:
231
Last Refresh:
Apr 16 at 4:06 pm

Property Features for 160 Washington Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
B2B
Bathrooms
5
Rooms
Bathroom 1, Bathroom 4, Basement, Bathroom 3, Bathroom 5, Bathroom 2
Parking features
Off Street
Patio and Porch features
Deck
Pets allowed
No
Interior features
Bathtub, Shower
Basement
Finished, Full, Walk-Out Access
Standard status
Active
Size
4,732 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
11167

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Baseboard, Zoned, Hot Water(Heating)
Water source
Public

Building Details

Year built
1985
Floors in Building
2
Number of units
5
Flooring type
Carpet, Vinyl, Laminate
Building materials
Vinyl Siding, Wood Frame
Roof type
Shingle, Composition
Architectural style
Colonial

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Listing Contact
Fred Andrews

Listing agent Fred Andrews

Listing office Spectrum Real Estate 84 Middle Street, Portland, ME

Listing date Aug 29, 2025

MLS# 1622196 Listing URL

Copyright © 2026 Maine Listings. 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 Munjoy Hill Investment Opportunity

This well-maintained five-unit building is situated at the base of Munjoy Hill, a desirable and appreciating neighborhood in Portland, Maine. The property offers a solid, income-generating opportunity. Each of the five units features a two-bedroom layout, designed with spacious living areas, functional kitchens, and ample natural light. The building has been well cared for, minimizing deferred maintenance. Off-street parking is available. The location provides walkability to local dining, coffee shops, artisan retail, and the Eastern Promenade. Public transportation access and proximity to downtown further broaden the tenant pool. The property, zoned B2B, is situated on a 0.15-acre lot and has a property size of 4732 square feet. This is an ideal opportunity for investors looking to expand or diversify with a multifamily property in a high-demand submarket.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Dental Office Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Kitchen & Bath Showroom Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Portland
County
Cumberland
State
Maine
Longitude
-70.25422
Latitude
43.668439

FAQs

What type of property is this?
Apartment building - Well-maintained five-unit building in a desirable Portland location.
Where is this apartment building located?
The property is located at 160 Washington Avenue Portland, ME.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Prime Munjoy Hill Location: Situated in one of Portland's most desirable and appreciating neighborhoods.; Turnkey, Income‑Generating 5‑Unit Building: A solid investment opportunity with all units currently rentable.; High‑Demand 2‑Bedroom Units: Layout attracts long‑term tenants and ensures consistent rental income.
More about this property
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