124 Ocean Ave

2,458 Sq. Ft.
$323 / Sq. Ft.
2,458
Sq. Ft.
$323
per Sq. Ft.

Description

Step into this classic 1826 home, beautifully set back from Ocean Avenue and surrounded by beautiful spring, summer, and fall gardens. 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...Step into this classic 1826 home, beautifully set back from Ocean Avenue and surrounded by beautiful spring, summer, and fall gardens. 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, 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. Located on the corner of Ocean Avenue and Mayland Street.
  1. Listed by Colleen Bedard • RE/MAX Shoreline

Property Details for 124 Ocean Avenue

Waterfront
No
ArchitecturalStyle
New Englander
Garage Spaces
.00
Garage
No
Zoning
RN-3
Subdivision Name
Back Cove
LISTING UPDATED: 05/04/2026 02:27 PM

Property Details for 124 Ocean Avenue

StatusPending
MLS #1653435
Days on Market33
Taxes$7,500 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1826
Lot Size0.45 AC / 19,602 SF
CountyCumberland County

Location

Listing Courtesy of RE/MAX Shoreline
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Building Information for 124 Ocean Avenue

Stories2Residences2Year Built1826Building Size-Lot Size0.45 AC / 19,602 SF

Payment Calculator

$4,628 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,003

Property Taxes

$625

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 124 Ocean Avenue

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 5726
  • Directions: Property is on the corner of Mayland and Ocean. Entrance to the house is on Mayland.
  • Town: Portland
  • State/Province: ME
  • Zip Code: 04103
  • County: Cumberland
  • Geo Latitude: 43.676004
  • Geo Longitude: -70.282955
  • Tax Lot: 15
  • Site:Corner Lot: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Shopping: Yes
  • Location:Near Town: Yes
  • Location:Neighborhood: Yes
  • Construction: Wood Frame
  • Water View2: No
  • Tree Growth YN2: false
Parking
  • Parking Features: 1 - 4 Spaces, Other, On Site
  • Attached Garage: No
  • Parking: 1 - 4 Spaces, On Site2
Taxes and HOA Information
  • Tax Book Number: 12424
  • Tax Block: D
  • Tax Map Number: 138
  • Tax Year: 2024
  • Parcel Number: PTLD-000138-D000015-000001
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $7,500.00
Virtual Tour
Property
Heating and Cooling
  • Water Heater:Electric: Yes
  • Heat Fuel: Coal, Gas Natural, Propane, Wood2
  • Heat System: Coal Stove, Hot Water, Radiator, Space Heater, Wood Stove
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 2458.0
  • Lot Size Acres: 0.45
  • Source of Acreage: Public Records
  • Building Area Total: 2458.0
  • Lot Size Area: 0.45
  • Lot Size Units: Acres
  • Lot Size Square Feet: 19602.0
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Street Number: 124
  • Property Information:Surveyed: Yes
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: Yes
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Total Half Baths: 1.00
  • Property Information:Color: Teal
Parking
  • Driveway:Other: Yes
  • Driveway: Other10
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1826
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Other Equipment: Internet Access Available
  • Gas:Bottled: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater: Electric2
  • Equipment: Internet Access Available
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Wood Frame
  • # Fireplaces: 3
  • Fireplace: Yes
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Membrane, Shingle
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Porch: Yes
  • Vehicle Storage: No Vehicle Storage
  • Patio and Porch Features: Deck, Porch
  • Basement Entry: Interior
Interior Features
  • Basement: Full, Sump Pump, Unfinished, Walk-Out Access
  • Flooring: Wood, Carpet
  • Interior Features: 1st Floor Bedroom, Bathtub, Shower
  • Cooling: None
  • Heating: Wood Stove, Coal Stove, Space Heater, Radiator, Hot Water
  • # Stories: 2
  • # Floors: 2
  • Bathrooms Total (Integer): 3
  • Bathrooms Total (Decimal): 2.50
  • Bathrooms Total (Notational): 2.10
  • Cooling YN: No
  • Heating YN: Yes
  • Amenities: 1st Floor Bedroom, Bathtub, Shower
Multi Family
Income & Expenses Information
  • Gross Income: $.00
  • Operating Expenses: $.00
  • Gross Income: $.00
  • Operating Expenses: $.00
Multi-Family Information
  • Number of Units: 2
  • Building Info:# Fireplaces: 3
  • Building Info:# Stories: 2
  • Building Info:# Floors: 2
  • Building Info:# Heating Units: 2
  • Building Info:# Water Heaters: 1
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: 1.00
  • Unit 1:# of Rooms: 6.00
  • Unit 1:# of Bedrooms: 3.00
  • Unit 1:Dedicated Electric Meter: No
  • Unit 1:Dedicated Gas Meter: Yes
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • Unit 1:Heat: No
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: Second
  • Unit 2:Monthly Rent: $1,000.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 3.00
  • Unit 2:# of Bedrooms: 1.00
  • Unit 2:Dedicated Electric Meter: No
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: Yes
  • Unit 2:Heat: No
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Range: Yes
  • Unit 3:Sewer: Yes
Unit Information
  • Units:# of 1 BD Units: 1
  • Units:# of 2 BD Units: 0
  • Units:# of 3 BD Units: 1
  • Units:# of 4+ BD Units: 0

Property History for 124 Ocean Avenue

DateEvent & SourcePriceAppreciation
Apr 8, 2026

Pending

Maine Listings #1653435

Apr 8, 2026

Pending

Maine Listings #1653541

Apr 7, 2026

Active Under Contract

Maine Listings #1653541

DateEvent & SourcePrice
04/08/2026

Pending

Maine Listings #1653435

04/08/2026

Pending

Maine Listings #1653541

04/07/2026

Active Under Contract

Maine Listings #1653541

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 124 Ocean Avenue

Taxable ValueLand$196,400Additions$625,400Total$821,800
Tax Record2025$9,845 ($820 / month)
Home Facts
Baths2.5Total Finished SqFt2,458 SqFtAbove Grade Finished SqFt2,458 SqFtStories2Lot Size19,707 SqFtStyleDuplexYear Built1826CountyCUMBERLANDAPNPTLD M:138 B:D015001Fireplace TypeHas Fireplace

Schools near 124 Ocean Avenue

This home is within Portland Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ocean Avenue
PublicK to 5

Lyman Moore Middle School
Public6 to 8

Deering High School
Public9 to 12

Casco Bay High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of RE/MAX Shoreline

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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.