325 Woodford Street Portland, ME 04103
MULTI_FAMILY - Other - Portland, ME
- Added:
- Jul 7, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 11 at 1:06 pm
Property Features for 325 Woodford Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Res
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bathroom 4, Bathroom 3, Basement, Bathroom 1
- Parking features
- Off Street
- Patio and Porch features
- Deck, Porch
- Interior features
- 1st Floor Bedroom, Storage
- Basement
- Full
- Standard status
- Active
- Size
- 3,067 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 9750
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Steam, Baseboard, Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1897
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Tile, Wood, Vinyl, Hardwood
- Building materials
- Wood Frame, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Other
- Additional Structures
- Storage
Listing agent Brendan Johnson (207) 831-5051
Listing office CENTURY 21 Advantage 506 Main Street, Lewiston, ME (207) 782-2121
Listing date Jul 7, 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.
Investment Insights
Based on property information with market context.
Set in Portland’s Deering Center neighborhood, the property includes outdoor space that could support a range of uses, including the possible addition of an ADU in the future. The location also provides easy access to Routes 295 and 95, with shops and restaurants within walking and driving range.
Overall, the building is presented as turnkey from a day-to-day operations standpoint, with a strong rental history noted by the owner and care reflected in ongoing maintenance.
Key Highlights
- 3‑unit building in the Deering Center neighborhood of Portland, built in 1897
- Hardwood and other mixed flooring throughout, including wood, vinyl, tile, and hardwood
- Multiple heating sources including natural gas and electric heat, with baseboard and steam systems
Local Financial Insights For Multifamily LT 5
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 | $82.8k | $27.00 |
| − Vacancy | −$5.4k | −$1.76 |
| EGI | $77.4k | $25.25 |
| − OpEx | −$23.2k | −$7.57 |
| NOI | $54.2k | $17.67 |
