Corner Residential Development
198 / 21 /Oxford / Cedar Street Portland, ME 04101
198 / 21 /Oxford / Cedar Street, Portland, ME, 04101
$3,000,000
For Sale
$3,000,000
COMMERCIAL - Portland, ME
Property Size11,417 SF
Lot Size0.26 Acres
Price / SF$262.77
Days on Market66
Property Features for 198 / 21 /Oxford / Cedar Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- RN-4
- Rooms
- Basement
- Basement
- Unfinished, Full
- Standard status
- Active
- Size
- 11,417 SF
- Lot size
- 0.26 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Zoned, Natural Gas, Hot Water(Heating), Baseboard
- Water source
- Public
Building Details
- Flooring type
- Wood, Vinyl, Tile
- Building materials
- Wood Frame, Vinyl Siding, Wood Siding
- Roof type
- Shingle
Listing Agency
Keller Williams Realty
(207) 879-9800
50 Sewall Street, Portland, ME
Listed by
Michael Hamilton · License #BA922188
(207) 570-8998
Added: May 13 Checked: Jul 17 at 12:06 am
MLS# 1659879
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.
The offering consists of four continuous residential lots located on a corner. The property is zoned RN-4 and totals approximately 0.26 acres, or about 11,417 square feet, across the combined parcels.
The sites are positioned at the corner of Cedar and Oxford, with the lots described as contiguous. The listing notes the property has been desktop underwritten for approximately 40 units, providing a starting point for a buyer’s planning and feasibility review.
This assemblage is suited for developers and investors evaluating residential infill or multi-unit redevelopment opportunities within the RN-4 zoning framework. Buyers should review the RN-4 requirements and confirm development assumptions and feasibility in coordination with local approvals, using the provided desktop underwriting figure as an initial benchmark.
The sites are positioned at the corner of Cedar and Oxford, with the lots described as contiguous. The listing notes the property has been desktop underwritten for approximately 40 units, providing a starting point for a buyer’s planning and feasibility review.
This assemblage is suited for developers and investors evaluating residential infill or multi-unit redevelopment opportunities within the RN-4 zoning framework. Buyers should review the RN-4 requirements and confirm development assumptions and feasibility in coordination with local approvals, using the provided desktop underwriting figure as an initial benchmark.
Key Highlights
- 4 continuous lots on the corner of Cedar and Oxford
- Property is in the RN‑4 zone
- Desktop underwritten for around 40 units
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
Similar For Sale Nearby
FAQs
What type of property is this?
Residential land & home lot - Four contiguous corner lots in an RN-4 zone, offered for development with an underwritten capacity of about 40 units.
Where is this residential land & home lot located?
The property is located at 198 / 21 /Oxford / Cedar Street Portland, ME.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 4 continuous lots on the corner of Cedar and Oxford; Property is in the RN‑4 zone; Desktop underwritten for around 40 units
