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About This Home

This 0-bedroom, 0-bathroom residential multi family at 124 Ocean Avenue in Portland, ME is listed for $795,000 ($323 per sqft). Built in 1826, the home offers 2,458 sqft of living space on a 0.45 acres lot.

Agent Description

Classic 1826 New England home with beautiful spring, summer, and fall gardens. The home sits back from Ocean Avenue and has been surveyed for 3 possible lots. New high efficiency boiler provides heat for the main house. Homeowner also has the option of using the wood/coal stove in the kitchen for supplemental heat.

The at-will tenant provides monthly income. Ideal location close to Ocean Avenue Elementary School, Tipo and other restaurants along with Sammy's Scoops! The house has been preinspected for the buyer's convenience. The new homeowner will want to bring their vision for updates throughout. Contact Colleen Bedard, RE/MAX Shoreline 207-233-7273

Key Features

  • Built in 1826
  • 0.45 acre lot
  • 2 stories

Property Details

2 stories
2 full, 1 half
1826

Monthly Cost Estimate

$4,252/mo

20% down · 6.5% · 30 years

Principal$575
Interest$3,445
Insurance$232

Estimates only. Actual payments may vary.

Location

124 Ocean Avenue

Portland, ME 04103

Features & Amenities

Interior Features

1st Floor BedroomBathtubShower

Property Details

Flooring

CarpetWood

Construction

Wood Siding Wood Frame

Pool Features

DeckPorch

Heating

Space HeaterHot Water(Heating)WoodCoalCoal StoveOther (Heating)Wood Stove

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 124 Ocean Avenue is listed at $795,000 ($323/sqft). The estimated monthly payment is $3,445 based on 20% down at 6.5% interest.

Key features include: Built in 1826, 0.45 acre lot, 2 stories. Interior Features: 1st Floor Bedroom, Bathtub, Shower.

This property is listed by Colleen Bedard and can be reached at 2072337273 or colleen@portlandmaineliving.com.

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CB

Colleen Bedard

Agent at RE/MAX Shoreline

(207) 233-7273

Listed by RE/MAX Shoreline · View on Broker Site

MLS# 1653435· Source: listhub· Updated today

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.

124 Ocean Avenue, Portland, ME 04103

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