605 Washington Ave

$710,000
Price
8
Beds
2,612 Sq. Ft.
$272 / Sq. Ft.
2,612
Sq. Ft.
$272
per Sq. Ft.

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...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.

Property Details for 605 Washington Avenue

Waterfront
No
ArchitecturalStyle
New Englander
Garage Spaces
2.00
Garage
Yes
Zoning
RN3
LISTING UPDATED: 11/14/2025 08:12 AM

Property Details for 605 Washington Avenue

StatusActive
MLS #1635440
Days on Market115
Taxes$7,522 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1905
Lot Size0.16 AC / 6,969 SF
CountyCumberland County

Location

Listing Courtesy of Maine Real Estate Co
Add your commute

Building Information for 605 Washington Avenue

Stories-Residences2Year Built1905Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$4,135 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,508

Property Taxes

$627

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 605 Washington Avenue

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 4922
  • Directions: Use Presumpscot St entrance to park.
  • Town: Portland
  • State/Province: ME
  • Zip Code: 04103
  • County: Cumberland
  • Geo Latitude: 43.682348
  • Geo Longitude: -70.261051
  • Tax Lot: 1
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Sidewalks: Yes
  • Location:Near Shopping: Yes
  • Location:Near Town: Yes
  • Location:Near Turnpike/Interstate: Yes
  • Transportation:Near Airport: Yes
  • Transportation:Public Transport Access: Yes
Parking
  • Parking Features: 5 - 10 Spaces, Gravel, Detached, Off Street
  • Attached Garage: No
Taxes and HOA Information
  • Tax Book Number: 35945
  • Tax Map Number: 428
  • Tax Year: 2024
  • Parcel Number: PTLD-000428-L000001-000001
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $7,522.00
Property
Heating and Cooling
  • Water Heater:Electric: No
  • Water Heater:Gas: Yes
  • Water Heater:Off Heating System: Yes
  • Water Heater:On Demand: Yes
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 2612.0
  • Lot Size Acres: 0.16
  • Source of Acreage: Public Records
  • Building Area Total: 2612.0
  • Lot Size Area: 0.16
  • Lot Size Units: Acres
  • Lot Size Square Feet: 6969.6
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Street Number: 605
  • Property Information:Surveyed: No
  • Property Information:Seasonal: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: White
Parking
  • Driveway:Gravel: Yes
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1905
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas:Natural - On Site: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Aluminum Siding, Wood Frame
  • Vehicle Storage:2 Car: Yes
  • Vehicle Storage:Detached: Yes
  • Roof: Shingle
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Porch: Yes
Interior Features
  • Basement: Brick/Mortar, Full, Bulkhead, Unfinished
  • Flooring: Laminate, Carpet
  • Interior Features: Bathtub, Shower
  • Cooling: None
  • Heating: Hot Water
  • Foundation Details: Brick/Mortar
  • Laundry Features: Washer Hookup
  • Bathrooms Total (Integer): 2
  • Bathrooms Total (Decimal): 2.00
  • Bathrooms Total (Notational): 2.00
  • Cooling YN: No
  • Heating YN: Yes
Multi Family
Income & Expenses Information
  • Gross Income: $72,000.00
  • Operating Expenses: $9,147.00
Multi-Family Information
  • Number of Units: 2
  • Building Info:# Heating Units: 2
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $3,000.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 7.00
  • Unit 1:# of Bedrooms: 4.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • Unit 1:Heat: Yes
  • 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:Security Deposit: No
  • Unit 2:Monthly Rent: $3,000.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 7.00
  • Unit 2:# of Bedrooms: 4.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: No
  • Unit 2:Heat: Yes
  • 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: 0
  • Units:# of 2 BD Units: 0
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 2

Property History for 605 Washington Avenue

DateEvent & SourcePriceAppreciation
Oct 15, 2025

Price Change

Maine Listings #1635440

$710,000
Sep 9, 2025

Price Change

Maine Listings #1635440

$725,000
Aug 15, 2025

Listed (Active)

Maine Listings #1635440

$750,000
May 17, 2010

Sold

Maine Listings #961600

$165,000
Feb 22, 2010

Pending

Maine Listings #961600

Feb 20, 2010

Active Under Contract

Maine Listings #961600

Jan 29, 2010

Listed (Active)

Maine Listings #961600

$167,900
Jan 27, 2010

Expired

Maine Listings #947609

$167,900
Aug 27, 2009

Listed (Active)

Maine Listings #947609

$239,900
DateEvent & SourcePrice
10/15/2025

Price Change

Maine Listings #1635440

$710,000
09/09/2025

Price Change

Maine Listings #1635440

$725,000
08/15/2025

Listed (Active)

Maine Listings #1635440

$750,000
05/17/2010

Sold

Maine Listings #961600

$165,000
02/22/2010

Pending

Maine Listings #961600

02/20/2010

Active Under Contract

Maine Listings #961600

01/29/2010

Listed (Active)

Maine Listings #961600

$167,900
01/27/2010

Expired

Maine Listings #947609

$167,900
08/27/2009

Listed (Active)

Maine Listings #947609

$239,900

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

Public Records for 605 Washington Avenue

Taxable ValueLand$53,400Additions$447,700Total$501,100
Tax Record2024$7,522 ($627 / month)
Home Facts
Baths2Total Finished SqFt2,612 SqFtAbove Grade Finished SqFt2,612 SqFtStories2Lot Size7,170 SqFtStyleDuplexYear Built1905CountyCUMBERLANDAPNPTLD M:428 B:L001001

Schools near 605 Washington Avenue

This home is within Portland Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Presumpscot School
PublicPK to 5

Lyman Moore Middle School
Public6 to 8

Portland High School
Public9 to 12

Deering 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.

Similar Homes

Similar Sold Homes

605 Washington Avenue is a multi-family home for sale in Portland, ME 04103. This property was listed for sale on August 15, 2025 by Maine Real Estate Co, it's currently listed at $710,000. It has been on the market for a total of 115 days and was last sold on May 17, 2010. This listing's school district is Portland Public Schools. Nearby schools include Presumpscot School, Lyman Moore Middle School and Portland High School. 605 Washington Avenue is a 8-bed, 2-bath, 2,612 sqft multi-family home built in 1905.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Maine Real Estate Co

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.