1148-1150 Forest Avenue, Portland, ME 04103

bathrooms 2
|Other
NZD $1,235,638
USD $699,000
Published on: 23 Sep 2026
Last updated on: 09 Oct 2026
1148-1150 Forest Avenue, Portland, ME 04103
1148-1150 Forest Avenue, Portland, ME 04103
1148-1150 Forest Avenue, Portland, ME 04103
+46
1148-1150 Forest Avenue, Portland, ME 04103
  • 46
Property ID: 110110272115
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Multi-Family, Portland, ME

1148-1150 Forest Avenue, Portland, ME 04103
Opportunity awaits at this well-located two-unit property in Portland. Each spacious unit offers two bedrooms, one full bath and a comfortable five-room layout, with dedicated electric meters and water heaters. Currently tenant-occupied, generating rental income and offering an appealing option for investors or owner-occupants looking to offset their mortgage with rental revenue. Several major exterior and mechanical improvements have already been completed, including a newer furnace, water heater and roof. A full unfinished basement provides additional storage with laundry, while the attic offers potential to expand the second-floor unit, subject to applicable approvals. The paved driveway provides plenty of off-street parking—a valuable convenience in Portland. Located in a Multi-Use Commercial zone with excellent visibility and convenient access to shopping, local businesses, major roadways and the Maine Turnpike, the property may also offer possibilities for a home-based or small-business use. A versatile Portland property offering rental income, ample parking, recent major improvements and future potential!

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
364.22 m2
Building Size
198.44 m2
Year Built
1930
Rooms
2 bathroom(s)
County
Cumberland
Provider
Maine Listings
Brokerage Office Name
Coastal Pine Real Estate LLC
Brokerage Office Phone
(207) 776-8675
Address
1148-1150 Forest Avenue, Portland, ME 04103

Tax History

YearTax amount
2025USD $6608NZD $11,681*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.

Contact Agent
Kathryn Treem
Coastal Pine Real Estate, LLC
10 Colonel Dow Drive , Scarborough, ME 04074
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10 Colonel Dow Drive , Scarborough, ME 04074
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      Property ID: 110110272115

      Original Property ID: 3yd-MREISME-1681452
      Data provided by Maine Listings, MLS #: 1681452
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