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Portland Maine Real Estate Information

Portland Maine Real Estate

A little about Portland...

A historic and thriving city, Portland is the largest city in Maine and the county seat of Cumberland county. The city’s seal fittingly depicts a phoenix rising from ashes, alluding to the Portland’s motto "I will rise again," which refers to the city's triumphant recovery from the four devastating fires in its past. The city is home to a rich history and a thriving business and cultural scene, making it the ideal place to live for the young and old alike. 

The Native Americans who first inhabited it once called the Portland peninsula Machigonne, meaning Great Neck. The British then, in 1632, established the area as a trading and fishing settlement. As industry in America grew, the Portland area, then called Falmouth, became a hub for shipping and trading companies. After the citizens of Falmouth decided to form a separate town in Falmouth Neck, Portland was officially incorporated in 1786.

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Portland, Maine Waterfront

As of recently, the city has seen renewed interest in its fishing industry, exporting, and the redevelopment of Portland's working waterfront. These renewed interests have revitalized the city. The city of Portland also places its constant attention to the preservation of its historical landmarks. It is because of this that the city has successfully been able to incorporate the character of its past with a more current, modern urban environment. Portland is also home to a thriving Arts District.

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Portland Museum of Art

The Arts District is centered on Congress Street, which is home to a range of museums, galleries, and theaters. The Portland Museum of Art is the largest and oldest public art institution in the state of Maine and features an impressive range of more than 17,000 pieces that date from the 18th century to the present.

Portland's Famous Old Port

The downtown Portland area also has a wonderful and diverse dining scene. The city is home to more than two hundred restaurants and caters to a variety of tastes, offering everything from local seafood to Italian delicatessens. The city also has The Portland Farmers' Market which has been in operation since 1768 and occurs every Wednesday and Saturday from early May to the end of November, as well as every Saturday indoors from early December to the end of April. A number of markets on the wharves sell fresh fish and seafood and a range of bakeries sell freshly made goods on a daily basis. There is never a shortage of great and fresh food in Portland. 

Portland Public Schools and Higher Education

Residents of Portland are served by Portland Public Schools, which operates eleven elementary schools, three middle schools, and four high schools. The city is also home to several institutes of higher education, including the Maine College of Art, the University of Maine School of Law, the University of New England, and the University of Southern Maine. Portland’s competitive and diverse education system is sure to provide for everyone, from families with children to adults seeking higher education.

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John Doe 80

Just Listed in Portland!

$1,349,000
5 Baths
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 desirable neighborhoods.

381 Deering Ave, Portland

Listing courtesy of Waypoint Brokers Collective. ali@waypointbrokers.com

$725,000
5 Beds 3 Baths
This circa 1900 New Englander home can be used as a single family home or as a 2 unit with 5 BRS plus bonus in-law space. Offering classic charm and sitting on a generous 12,000± sq ft lot in Portland's convenient Nason's Corner neighborhood, it is Ideally located close to everything. It is within walking distance to Portland Trails, local schools, The Sinful Kitchen, Applebee's, a neighborhood corner store, the Lowe's shopping center, and is within biking distance to New England College, Capisic Pond Park, and Rosemont Market. Owned by the same family for decades, the property is being sold as-is with seller concessions and presents excellent potential. It is the perfect multi-generational home with room for a nanny or in-laws. The small first floor unit with its own entrance was once used as a third unit and with City approval might be able to be used again as an ADU or as in in-law or guest suite. Another possible use for the addition, also with City permission, is an in-home occupation such as a hair salon or office. The first-floor apartment features two bedrooms, an eat-in kitchen, a living room, and a full bath as well as basement access. It is heated by oil, with the tenant responsible for oil and electricity. The second-floor apartment, which includes the third floor, offers two or three bedrooms, a living room, dining room, and kitchen, along with basement access. This unit is heated by a propane monitor, with the tenant paying for propane and electricity. Additional highlights include ample off-street parking and a two-car garage making this a great opportunity for owner occupancy or investment. The property is looking for some love and updating but this property has great potential. Now available for immediate occupancy. Portland rent control does not apply if the property is purchased by an owner/occupant.

14 Devon St, Portland

Listing courtesy of HarborCity Realty.

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