$875,000
 $4,697 est/mo Sourced by Back At You

777 Forest Avenue,Portland, ME 04103

Portland, ME 04103

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Description

Mixed-use property offering both residential and commercial income potential in a highly visible Forest Ave location. Property includes a ground-level retail space with established tenant and a spacious, renovated two-level 5-bedroom residential unit. The residential unit offers strong rental potential, making this an attractive opportunity for investors or owner-occupants. Off-street parking and flexible layout add to the property's appeal. The building is equipped with natural gas heating, updated hot water heater, and a commercial-grade fire alarm and sprinkler system. Ideal for those seeking rental income, a live/work setup, or long-term investment in a prime Portland location. Also listed as Commercial MLS #1655962

Details

MLS #1656222
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1930
Days On Site169
Listing Provided ByF.O. Bailey Real Estate | Hoang Nguyen

Features

Bath(s) 3 Total
SQ Feet3,948
BasementY
Units2
ZoningB2
Acreage0.14

Interior

Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air

Exterior

RoofShingle
Foundation DetailsPoured Concrete
Lot FeaturesBusiness District, Near Turnpike/Interstate, Sidewalks, Near Public Transit
Construction MaterialsWood Frame, Vinyl Siding
Exterior Co ExteriorVinyl Siding

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesPaved, 5 - 10 Spaces

Utilities

SewerPublic Sewer
ElectricCircuit Breakers

Taxes

Tax Annual Amount7910.39
Tax Book Number35736
Tax Year2026
Tax BlockC
Tax Lot17
Tax Map Number137

Area Information

StateME
CountyCumberland
CityPortland
Zip Code04103
AreaCumberland
School DistrictPortland Public Schools
Listing VS Median (in 04103)
Price:
$875,000
low | high
Med:
$649,900
75.725714285714% of Average
sqft:
3,948
low | high
Med:
2,543
85.587639311044% of Average
$ / sqft:
$222
low | high
Med:
$256
34.689390483681% of Average
On site:
169
low | high
Med:
140
100% of Average
Sourced by Back At You

Market Activity 04103

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

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Learn More About This Property

StateME
CountyCumberland
CityPortland
Zip Code04103
AreaCumberland
School DistrictPortland Public Schools
Listing VS Median (in 04103)
Price:
$875,000
low | high
Med:
$649,900
75.725714285714% of Average
sqft:
3,948
low | high
Med:
2,543
85.587639311044% of Average
$ / sqft:
$222
low | high
Med:
$256
34.689390483681% of Average
On site:
169
low | high
Med:
140
100% of Average
Sourced by Back At You
Listing Updated: June 13, 2026 at 6:34:38 AM PDT