671-675 Forest AvenuePortland, ME 04103Price: $1,499,000

Price: $1,499,000
Est. Mortgage of $/month
141 Days on Market

INVESTORS TAKE NOTICE: 1 retail and 8 residential units (9 units total) in a prime Portland location! Discover a unique investment opportunity at the vibrant intersection of Forest Ave, Woodford St, and Ocean Ave. This property features a strategic location with one street-level retail unit, perfect for businesses seeking prime visibility, and eight residential units on the second floor, providing modern living spaces with 1 to 3 bedrooms.Positioned at a bustling intersection, the property promises high traffic and accessibility via major thoroughfares and public transportation. Investors can capitalize on a steady rental income stream from the mix of residential and commercial spaces, while the prime location ensures long-term appreciation and demand. Explore the potential of this mixed-use gem, combining convenience, versatility, and income prospects. Schedule your private viewing and seize the opportunity to invest in this dynamic property. The full finished basement, equipped with a loading dock, adds versatility for potential expansion, storage, or logistical convenience for the retail unit.

More Info

Tax Information

Parcel Number PTLD-000129-L000002-000001
Taxes$15,028

Basic Information

List Price$1,499,000
LocationTypeBusiness District, Intown, Near Country Club, Near Golf Course, Near Shopping, Near Turnpike/Interstate
MLS Number1650249
Property TypeMulti-Family
StatusACT

Property

Road Surface Type Paved
Sign On Property YN Yes
Site Level, Open, Sidewalks

Amenities

AmenitiesSprinkler
Other AmenitiesBasement
Security Features Sprinkler, Fire System

Water Body

Water AccessPublic

Parking

Parking 1 - 4 Spaces, On Site, Paved, Off Street, On Street
Parking Features 1 - 4 Spaces, Paved, Common, On Site, Off Street, On Street

Location

Address671-675 Forest Avenue
Building Number671-675
CountyCumberland
StateME
StreetForest Avenue
TownPortland
Zip04103

Exterior

Exterior Brick, Brick Veneer
RoofFlat, Other

Property Information

Acreage0.12
Lot Features Open, Level, Sidewalks, Intown, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Public Transit
Square Feet7,446

Other

Date Listed01/24/2026
Unit 1 Full Baths 1
Unit 1 Level Second
Unit 1 Monthly Rent $2,585
Unit 1 Water Yes
Unit 2 Full Baths 1
Unit 2 Level Second
Unit 2 Monthly Rent $2,400
Unit 3 Full Baths 1
Unit 3 Lease Yes
Unit 3 Level Second
Unit 3 Monthly Rent $1,980
Unit 3 Water Yes
Unit 4 Full Baths 1
Unit 4 Level Second
Unit 4 Monthly Rent $1,500
Unit 4 Water Yes

Rooms

Bathroom9
Bathrooms Total Decimal 8.5
Full Bath8
Half Baths1

Building

BasementInterior, Walk-Out Access, Finished, Full, Unfinished
Building ConstructionMasonry
Flooring Vinyl, Tile, Carpet
Property StyleOther
Stories2
Units9
Year Built1910

Utilities

Electric Circuit Breakers
Heat SystemHot Water, Baseboard
Heating FuelOil
Heating YN Yes
Waste Water DisposalPublic Sewer

Legal

ZoningB2B

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo Privacy Policy

46 Casco Rd, Brunswick - Portside Luxury Home participates in ©2026 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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671-675 Forest AvenuePortland, ME 04103Price: $1,499,000

$/month over payments

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