526 Washington Avenue, Portland, ME 04103
MULTI_FAMILY - Portland, ME
- Added:
- Jun 8, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 9 at 1:06 am
Property Features for 526 Washington Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- B-2B
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1, Basement
- Basement
- Unfinished, Full
- Standard status
- Active
- Size
- 1,866 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 5228
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Oil
- Water source
- Public
Building Details
- Year built
- 1935
- Number of units
- 2
- Flooring type
- Wood
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Flat, Shingle
Listing agent Briton Vitalius (207) 541-3755
Listing office Vitalius Real Estate Group, LLC 306 Congress Street, Suite 3, Portland, ME (207) 541-3755
Listing date Jun 8, 2026
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.
HighLights
- 2‑unit residential building with additional commercial space and off‑street parking
- Built in 1935 with wood frame construction and vinyl siding
- Flat and shingle roofing
- Heated with baseboard heating and oil
- Public water and public sewer connection
- Includes a basement and 2 bathrooms (Bathroom 1 and Bathroom 2)
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.3k | $31.80 |
| − Vacancy | −$3.6k | −$1.91 |
| EGI | $55.8k | $29.89 |
| − OpEx | −$25.1k | −$13.45 |
| NOI | $30.7k | $16.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Cumberland
- State
- Maine
- Longitude
- -70.258293
- Latitude
- 43.680439
