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Redesigned Downtown Three-Unit Gem

123 Cumberland Avenue, Portland, ME 04101

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For Sale

$1,800,000

MULTI_FAMILY - Other - Portland, ME

Property size:

3,667 SF

Lot size:

0.11 Acres

Price / SF:

$490/SF

HighLights

Three‑unit property built in 1866 with ocean front waterfront features and fenced outdoor space
Heating/cooling includes heat pumps plus electric, radiant, natural gas, and hot water systems
Owner’s penthouse features a 3‑bedroom layout with 2.5 baths and a primary en‑suite with a walk‑in closet
Primary en‑suite includes a floor‑to‑ceiling tiled bath plus access to a private deck and hot tub
Two driveways with private entrances and in‑unit laundry included
Outdoor features include a patio, deck, and porch, with flooring of wood and tile

We can help!

Contact an agent

Randy Ferrell

For Sale

$1,800,000

MULTI_FAMILY - Other - Portland, ME

Property size:

3,667 SF

Lot size:

0.11 Acres

Price / SF:

$490/SF

Added:: Jun 4, 2026
Days on Market:: 34
Last Refresh:: Jul 7 at 7:06 pm

Property Features for 123 Cumberland Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: RN-4
Bathrooms: 4
Rooms: Bathroom 2, Bathroom 4, Bathroom 1, Basement, Bathroom 3
Patio and Porch features: Deck, Porch, Patio
Interior features: Other Amenities, Walk-in Closets, 1st Floor Bedroom, Primary Bedroom w/Bath
Fencing: Fenced
Basement: Full, Walk-Out Access, Finished
Standard status: Active
Size: 3,667 SF
Lot size: 0.11 Acres

Taxes and HOA fees

Tax Year: 2026
Tax Annual Amount: 15469

Utilities

Sewer type: Public Sewer
Heating system: Electric (Heating), Radiant, Natural Gas, Hot Water(Heating), Heat Pump (Heating)
Cooling system: Heat Pump
Water source: Public
Water front features: Ocean Front
Water front: 1

Building Details

Year built: 1866
Floors in Building: 4
Number of units: 3
Flooring type: Wood, Tile
Building materials: Wood Frame, Clapboard, Vertical Siding, Wood Siding
Roof type: Membrane, Shingle
Architectural style: Other
Additional Structures: Other

We can help!

Contact an agent

Randy Ferrell

Listing agent Randy Ferrell

Listing office Portside Real Estate Group 4 Scott Dyer Rd., Yarmouth, ME

Listing date Jun 4, 2026

MLS# 1662395 Listing URL

HighLights

Three‑unit property built in 1866 with ocean front waterfront features and fenced outdoor space
Heating/cooling includes heat pumps plus electric, radiant, natural gas, and hot water systems
Owner’s penthouse features a 3‑bedroom layout with 2.5 baths and a primary en‑suite with a walk‑in closet
Primary en‑suite includes a floor‑to‑ceiling tiled bath plus access to a private deck and hot tub
Two driveways with private entrances and in‑unit laundry included
Outdoor features include a patio, deck, and porch, with flooring of wood and tile

Overview

This redesigned downtown three-unit property combines historic charm with contemporary design. The property features a foyer with a modern twist and a curved staircase leading to a 3-bedroom, 2.5-bath owner's penthouse with unobstructed views of Back Cove. The penthouse includes waterfall countertops on the island, Wolf appliances, expansive windows, and intricate tile work in an open-plan kitchen and living area. The primary en-suite features built-in storage, a walk-in closet, and a floor-to-ceiling tiled bath with a private deck and hot tub. Each unit offers its own style and sophistication with thoughtful details. The first-floor flat features curved front windows, a restored marble fireplace, high ceilings, and a modern kitchen. The garden-level unit is a cozy retreat with radiant heat, exposed brick and stonework, and a park-like, enclosed landscape. Amenities include heat pumps for efficient comfort, two driveways, in-unit laundry, and private entrances. The property, situated on a 0.11-acre lot, offers a total of 3667 square feet of living space. Every trim detail, fence line, and overhang was thoughtfully designed to create a one-of-a-kind property. This property is located in Portland, ME.

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: Portland
County: Cumberland
State: Maine
Longitude: -70.252258
Latitude: 43.6637

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For sale
Triplexes
ME
Portland
04101
123 Cumberland Avenue

What type of property is this?

Triplex - Historic charm blends with contemporary design in this three-unit property.

Where is this triplex located?

The property is located at 123 Cumberland Avenue Portland, ME.

What is the asking price?

The asking price for this property is $1,800,000.

What are key features of this property?

This property features: Three‑unit property built in 1866 with ocean front waterfront features and fenced outdoor space; Heating/cooling includes heat pumps plus electric, radiant, natural gas, and hot water systems; Owner’s penthouse features a 3‑bedroom layout with 2.5 baths and a primary en‑suite with a walk‑in closet

123 Cumberland Avenue, Portland, ME 04101

MULTI_FAMILY - Other - Portland, ME

Property Features for 123 Cumberland Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Renovated Office Building

Brick Retail Building with Seafood Use

Two Adjoining Mixed-Use Properties

Turnkey 10-Unit Multifamily

Three-Unit Multifamily with Garage

Three-Unit Double-Lot Residential Building

Eastern Promenade Colonial Revival Multifamily

Three-Unit Multifamily with Porches

Renovated Two-Unit Duplex

Four-Unit Residential Income Property

Partially Completed Four-Unit Residential

Well-Maintained 3-Unit Multifamily

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