Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 4-bedroom, 0-bathroom single 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

Step into this classic 1826 home, beautifully set back from Ocean Avenue and surrounded by beautiful spring, summer, and fall gardens. Currently used as a 2 unit property, this house is easily envisioned as a single family home. 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.

Key Features

  • Built in 1826
  • 0.45 acre lot
  • Fireplace

Property Details

2 full, 1 half
1826

Amenities

Fireplace

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

CoalWood StoveSpace HeaterOther (Heating)WoodCoal StoveHot Water(Heating)

Questions & Answers

This 4-bedroom, 0-bathroom single 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, Fireplace. Interior Features: 1st Floor Bedroom, Bathtub, Shower.

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

CB

Colleen Bedard

Agent at RE/MAX Shoreline

(207) 233-7273

Listed by RE/MAX Shoreline · View on Broker Site

MLS# 1653541· 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

Open this listing in: