JimPepin

124 Ocean Avenue , Portland, ME 04103

$795,000
  • 124 Ocean Avenue , Portland, ME 04103 Main Photo

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Active
BEDS0 BATHS2 full 1 partial SQUARE FEET2,458 MLS#1653435
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Step into this classic 1826 home, beautifully set back from Ocean Avenue and surrounded by beautiful spring, summer, and fall gardens. Rich with character and history, this property offers a rare opportunity to own a piece of the past while bringing your own vision for thoughtful updates throughout.The home features a new high-efficiency boiler that heats the main house, along with the option to use a traditional wood/coal stove in the kitchen for supplemental warmth. An at-will tenant provides steady monthly income, offering flexibility for investors or owner-occupants alike.Recently pre-inspected for the buyer's convenience, the property has also been surveyed for three possible lots--presenting exciting potential for future expansion or investment.Ideally located close to Ocean Avenue Elementary School, popular local dining spots such as Tipo, Bayou Kitchen and neighborhood favorite Sammy's Scoops, you'll enjoy both tranquility and accessibility in one desirable setting. Enjoy the added benefit of being within walking distance to numerous nearby trails, perfect for hiking, biking, and exploring the outdoors.Whether you're seeking a charming primary residence or an investment opportunity, this historic home invites you to imagine the possibilities. Located on the corner of Ocean Avenue and Mayland Street.

124 Ocean Avenue | MLS# 1653435

This multi-family property located at 124 Ocean Avenue , Portland, ME 04103 is currently listed for sale with an asking price of $795,000. Search Portland real estate on jpepin.spragueandcurtis.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Interior Entry
Heating: Hot Water, Radiator, Space Heater, Coal Stove, Wood St
Home Style: New Englander
Lot Size: 0.45 Acres
Roof Type: Membrane, Shingle
Taxes: $7,500
Year Built: 1826

Feature Descriptions

Electric: Circuit Breakers
Flooring: Carpet, Wood, Linoleum
Sewer: Public Sewer
SQ FT Above Grade: 2458
SQ FT Below Grade: 0
Water: Public

Listed By / Shown By

Listed By

Agency Name: RE/MAX Shoreline
Agency Phone: 207-553-7500

Shown By

Agent Name: Jim Pepin
Agent Phone: (207) 242-3015
Agency Title: Sprague and Curtis Real Estate

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Estimated Payment

$ 2,626.20 per month $1,769.33 Principal & Interest $625.00 Property Tax $231.88 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/15/2026. The listing information on this page last changed on 03/15/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 03/15/2026 12:54:15 AM EST) or MREIS (last updated Sun 03/15/2026 12:45:18 AM EST). Real estate listings held by brokerage firms other than Sprague and Curtis Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



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