About This Home

This 0-bedroom, 2-bathroom residential multi family at 605 Washington Avenue in Portland, ME is listed for $550,000 ($211 per sqft). Built in 1905, the home offers 2,612 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 1905
  • 0.16 acre lot

Property Details

2 full
2-car garage
1905
Listing Description

Check out this amazing investment opportunity on Portland's Washington Ave offering two spacious 4-bedroom/1-bath units. Each 1,000+ square foot apartment contains large bedrooms, flexible living/dining layouts, and classic period details ready for your finishing touch.

A full walk-up attic, served by two existing staircases, presents excellent potential for an additional unit or expanded living space (buyer to verify with the City of Portland). The full basement is perfect for storage and utilities and has blown insulation, two newer natural gas wall hung boilers, and washer/dryer hookups.

The garage is in fair condition and currently provides convenient extra storage for tenants or the property owner. Lots of off street parking can be found outside on the nearly completely fenced in lot. This in-town location close to restaurants, coffee, transit, and parks makes for a strong addition to any investors portfolio or a great setup for enjoyable owner occupancy.

Tenants will appreciate a convenient bus stop outside of the Washington Avenue entrance. Solid bones, big bedrooms, and an uncommon upside with the attic space. Bring your vision and add value in one of Portland's most convenient corridors.

Monthly Cost Estimate

$2,942/mo

20% down · 6.5% · 30 years

Principal$398
Interest$2,383
Insurance$160

Estimates only. Actual payments may vary.

Location

605 Washington Avenue

Portland, ME 04103

Features & Amenities

Interior Features

BathtubShower

Property Details

Flooring

CarpetLaminate

Construction

Wood Frame Aluminum Siding Vinyl Siding

Outdoor Features

PorchDeck

Parking

Off Street

Heating

Hot Water(Heating)Natural Gas

Questions & Answers

This 0-bedroom, 2-bathroom residential multi family at 605 Washington Avenue is listed at $550,000 ($211/sqft). The estimated monthly payment is $2,941 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1905, 0.16 acre lot. Interior Features: Bathtub, Shower.

This property is listed by Karen Edgcombe.

KE

Karen Edgcombe

Agent at Maine Real Estate Co

Listed by Maine Real Estate Co · Broker phone: (207) 229-5449 · View on Broker Site · Broker website

MLS# 1635440· Source: Maine Listings· 2 days on PropertySimple

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.

605 Washington Avenue, Portland, ME 04103

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