381 Deering AVE, Portland, ME 04103
381 Deering AVE, Portland, ME 04103
381 Deering AVE, Portland, ME 04103
381 Deering AVE, Portland, ME 04103
381 Deering AVE, Portland, ME 04103
381 Deering AVE, Portland, ME 04103
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Listed by Alessandra Malone Waypoint Brokers Collective
$ 1,349,000
Est. payment | /mo

5 Baths

5,003 SqFt


Save
$ 1,349,000
Est. payment | /mo
Save

5 Baths

5,003 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,003 sqft

Price per Sqft $269

MLS Listing ID 1675729

Style Duplex

Full Baths 3

HOA Y/N No

Year Built 1925

Tax Year 2026

Lot Size 6,534 Sqft

Acres 0.15

Source Maine Listings

Land Area 5003

Property Description

Exceptional opportunity to own a true two-unit in the heart of Portland's sought-after Oakdale neighborhood. Offering over 5,000 square feet across three finished levels, this expansive property seamlessly blends historic character with modern amenities and significant systems updates, creating a rare investment or owner-occupant opportunity. With two spacious residences offering excellent rental income potential, this property provides exceptional flexibility for investors, multigenerational living, or those looking to offset their mortgage while enjoying one of Portland's most desirable neighborhoods.

The first-floor residence features three bedrooms, one and a half baths, a generous living room, formal dining room, spacious bedrooms, and a bright bonus sunroom. Occupying the second and third floors, the upper residence lives like a single-family home with a spacious living area, formal dining room, updated kitchen, four generously sized bedrooms, the potential to finish a fifth bedroom, and three inviting sun porches that provide flexible space for relaxing or working from home.

Throughout the home, beautifully restored original trim, built-ins, hardwood floors, and timeless architectural details showcase its historic charm, while thoughtful updates to the property's major systems provide peace of mind.

Whether you're seeking strong rental income, multi-generational living, or the chance to owner-occupy one of Portland's most impressive two-unit homes, this property offers exceptional space, flexibility, and long-term value in one of the city's most charming neighborhoods.

Location

State ME

County Cumberland

Zoning RN3

Rooms

Basement Doghouse, Interior Entry, Walk-Out Access, Full, Unfinished

Interior

Interior Features 1st Floor Bedroom, Attic, Bathtub, Other, Pantry, Shower, Storage

Heating Gas Natural, Radiator, Steam

Cooling None

Flooring Tile, Wood

Fireplaces Number 3

Fireplace Yes

Laundry Upper Level

Exterior

Parking Features Paved, 5 - 10 Spaces, On Site, Off Street, Inside Entrance, Tandem

Garage Spaces 2.0

Waterfront Description Nearby,Public

Roof Type Rolled/Hot Mop,Shingle

Porch Glassed-in Porch, Porch

Garage Yes

Building

Lot Description Intown, Near Public Beach, Near Shopping, Near Town, Neighborhood, Corner Lot, Level, Sidewalks, Near Public Transit

Story 3

Water Public

Architectural Style Other

Level or Stories 3

Schools

School District Portland Public Schools

Others

Tax ID 118 A017001

Maine MLS (MREIS) IDX

Nearby Locations

GET MORE INFORMATION

Rylee Knox
Rylee Knox

REALTOR® | Lic# BA925468

+1(207) 240-2446

533 Congress St, Portland, ME, 04101

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381 Deering AVE