Mixed-Use Property with Multifamily
New
For Sale
$2,000,000
829 Forest Avenue, Portland, ME 04103
Portland, ME
Property Size2,076 SF
Price / SF$963.39
Days on Market4
Property Features for 829 Forest Avenue
General Information
Property type
Residential Multi Family
Property subtype
Single Family Attached
Bathrooms
4
Full bathrooms
4
Standard status
Active
Size
2,076 SF
Amenities
one-car attached garage
paved parking lot
completely fenced lot
Building Details
Year built
1980
Listing Agency:
Auburn, Maine · Better Homes and Gardens Real Estate
(207) 782-8311
Listed By:
Renee Roy
(207) 212-3134
Added: Sep 2
Changed: Sep 4
Last Checked: Sep 5 at 10:06AM
MLS# 1678820
Copyright © 2026 Better Homes and Gardens-The Masiello Group. 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.
This mixed-use property includes a commercial building with two separate first-floor storefront areas, metal siding, metal roofing, block-face construction, and an attached one-car garage. A detached three-unit building adds a three-bedroom, two-bath residence, a one-bedroom first-floor apartment, and a two-bedroom second-floor apartment, along with a separate one-car garage. Interior work is needed in the multifamily building, which is being offered as-is with the commercial structure and as one parcel.
The site at 829 Forest Avenue in Portland is fully fenced and includes a substantial paved parking area. The combination of commercial storefronts, residential units, two garages, and shared site improvements supports a range of owner-user, leasing, and redevelopment considerations without separating the buildings or parcel.
The site at 829 Forest Avenue in Portland is fully fenced and includes a substantial paved parking area. The combination of commercial storefronts, residential units, two garages, and shared site improvements supports a range of owner-user, leasing, and redevelopment considerations without separating the buildings or parcel.
Key Highlights
- Two separate first‑floor storefront areas in the commercial building
- Detached three‑unit building with 3‑bedroom, 2‑bath residence, 1‑bedroom apartment, and 2‑bedroom apartment
- Substantial paved parking area on a fully fenced parcel
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
865
Businesses Nearby
Explore this area
Business Placement
Demographics for 04103, ME
31,185
Population
14,336
Households
2.2
Avg Household Size
40
Median Age
58%
College-Educated
97%
High-School Grad
10.2 sq mi
ZIP Area
3,057
Density / Sq Mi
$90,682
Median Household Income
$48,640
Median Earnings
$1,571
Median Rent
$421,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two buildings combine storefront space, apartments, garages, and extensive paved parking within a fully fenced parcel.
Where is this mixed-use property located?
The property is located at 829 Forest Avenue Portland, ME.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Two separate first‑floor storefront areas in the commercial building; Detached three‑unit building with 3‑bedroom, 2‑bath residence, 1‑bedroom apartment, and 2‑bedroom apartment; Substantial paved parking area on a fully fenced parcel
