Portland, ME 04101 450 Cumberland Avenue
$850,000



48 more

















































Presented By: Keller Williams Realty; 207-553-2400
Home Details
This classic brick 4-unit building offers timeless charm and unbeatable location in one of Portland's most vibrant downtown neighborhoods. Featuring four well-maintained 1-bedroom, 1-bath apartments, this property is ideal for both investors and owner-occupants seeking strong rental potential. Each unit showcases original architectural details including elegant moldings, vintage fireplaces, and hardwood flooring, adding warmth and character throughout. The third-floor unit enjoys exclusive access to a private roof deck—perfect for relaxing or entertaining with city views. Additional amenities include coin-operated laundry in the basement for tenant convenience and a low-maintenance brick exterior. Just steps from restaurants, shops, the arts district, and all downtown Portland amenities, this is a rare opportunity to own a piece of the city with steady income and long-term upside. Don't miss your chance to invest in one of Portland's most desirable urban locations!
Presented By: Keller Williams Realty; 207-553-2400
Interior Features for 450 Cumberland Avenue
Bathrooms
Half Baths0
Total Baths4
Other Interior Features
Above Grade Finished Area3136.0
Air Conditioning Y/NNo
BasementInterior, Walk-Out Access, Brick/Mortar, Finished
Basement (Y/N)No
Below Grade Finished Area0.0
Fireplace Y/NYes
FlooringWood, Vinyl, Tile, Carpet
Heating Y/NYes
Interior AmenitiesBathtub, Shower
Laundry FeaturesLaundry - Coin
Total Fireplaces2
Total Stories3
General for 450 Cumberland Avenue
Additional Parcels Y/NNo
Architectural StyleVictorian
Attached Garage No
Carport Y/NNo
CityPortland
Construction MaterialsBrick, Masonry
CoolingNone
CountyCumberland
ElectricCircuit Breakers
Electric On Property Y/NNo
Full Baths4
Garage Spaces0.0
Garage Y/NNo
Gross Income71304.0
HOANo
HeatingHot Water, Baseboard
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet2613.6
Lot Size UnitsAcres
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total4
Operating Expense25256.0
Property TypeMulti-Family
Property_sp_Information_co_Owner_sp_OccupiedNo
Rent Control Y/NNo
RoofFiberglass, Membrane, Slate
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive Under Contract
StatusActive Under Contract
Stories3
Tax Annual Amount13293.0
Tax Lot3
Tax Year2024
UtilitiesUtilities On, Pole
Virtual TourClick here
Year Built1900
ZoningRes
Exterior for 450 Cumberland Avenue
Building Area Total3136.0
Crops Included Y/NNo
Foundation DetailsStone, Brick/Mortar
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel, Sidewalks, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Public Transit
Lot Size Acres0.06
Lot Size Area0.06
Lot Size SourcePublic Records
Open Parking Y/NNo
Other EquipmentInternet Access Available
Parking Features1 - 4 Spaces, Paved, Off Street
Road Surface TypePaved
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History

Shelley Kennagh
Senior Loan Officer