736 Forest Ave
$899,000
Price
—
Beds
—
Baths
3,540 Sq. Ft.
$254 / Sq. Ft.
3,540
Sq. Ft.
$254
per Sq. Ft.
Description
High-visibility property in the Mixed Use Zone B-2B, located on the corner of Forest Ave & Pleasant Ave, just north of Woodford's Corner. The property offers a first-floor 829 SF commercial corner suite with approx 35,000+ cars/day traffic count - ideal for retail, office, salon/barber, and other permitted uses (see land use docs). The upper levels contain two vacant, fully renovated residential units with separate entrances: a 2BD/1BA (945 SF, projected rent $2,750/month) and a 4BD/2BA (1,766 SF,...High-visibility property in the Mixed Use Zone B-2B, located on the corner of Forest Ave & Pleasant Ave, just north of Woodford's Corner. The property offers a first-floor 829 SF commercial corner suite with approx 35,000+ cars/day traffic count - ideal for retail, office, salon/barber, and other permitted uses (see land use docs). The upper levels contain two vacant, fully renovated residential units with separate entrances: a 2BD/1BA (945 SF, projected rent $2,750/month) and a 4BD/2BA (1,766 SF, projected rent $3,900/month). Strong rental demand and modern finishes position these units for immediate occupancy. Additional features include off-street parking for 3 vehicles, abundant street parking, and direct access to public transportation. Strategic location minutes from I-295 and downtown Portland, and within half a mile of Back Cove, Stevens Ave Deering neighborhood (Norimoto Bakery, Rambler Café, Pat's Meat Market), and Woodfords Corner amenities. A flexible investment opportunity suitable for owner-occupiers or investors seeking a mixed-use property with strong signage visibility and cash flow potential. Also listed as MULTI-FAMILY MLS#: 1638196
- Listed by Melanie Crane Michael Navarro • Elevate Maine Realty
Property Details for 736 Forest Avenue
Waterfront
No
ArchitecturalStyleNew Englander
Garage Spaces.00
GarageNo
ZoningB2b
LISTING UPDATED: 11/24/2025 09:36 AM
Property Details for 736 Forest Avenue
| Status | Active |
|---|---|
| MLS # | 1638190 |
| Days on Market | 91 |
| Taxes | $9,005 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Commercial |
| Year Built | 1900 |
| Lot Size | 0.09 AC / 3,920 SF |
| County | Cumberland County |
Location
Listing Courtesy of Elevate Maine Realty
Add your commute
Building Information for 736 Forest Avenue
Stories3Residences-Year Built1900Building Size-Lot Size0.09 AC / 3,920 SF
Payment Calculator
$5,193 per month
30 year fixed, 6.28% Interest
Principal and Interest
$4,442
Property Taxes
$750
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 736 Forest Avenue
Summary
Location and General Information
- Directions: Corner of Forest Ave and Pleasant Ave, Portland. Easy to park on Pleasant Ave
- Town: Portland
- State/Province: ME
- Zip Code: 04103
- County: Cumberland
- Geo Latitude: 43.673248
- Geo Longitude: -70.285728
- Tax Lot: 18
- Site:Corner Lot: Yes
- Site:Sidewalks: Yes
- Location:Business District: Yes
- Location:Near Shopping: Yes
- Location:Near Town: Yes
- Location:Near Turnpike/Interstate: Yes
- Location:Neighborhood: Yes
- Transportation:Major Road Access: Yes
- Transportation:Public Transport Access: Yes
Parking
- Parking Features: 1 - 4 Spaces, On Site, Paved
- Attached Garage: No
Taxes and HOA Information
- Tax Book Number: 34141
- Tax Map Number: 130
- Tax Year: 2026
- Parcel Number: PTLD-000130-H000018-000001
- Location Information:Association Y/N: No
- Tax Annual Amount: $9,005.37
Property
Heating and Cooling
- Water Heater:Electric: No
Lot Information
- SqFt Finished Below Grade: 0.0
- SqFt Finished Above Grade: 3540.0
- Lot Size Acres: 0.09
- Source of Acreage: Public Records
- Building Area Total: 3540.0
- Lot Size Area: 0.09
- Lot Size Units: Acres
- Lot Size Square Feet: 3920.4
- Bathrooms Full: 3
- Bathrooms Half: 1
- Street Number: 736
- Property Information:Surveyed: Unknown
- Property Information:Seasonal: No
- Property Information:Short Sale Continue to Show: No
- Property Information:Deed/Conveyance Type Offered: Warranty
- Property Information:Deed: All
- Property Information:Year Renovated +/-: 2,025.00
- Property Information:Total Half Baths: 1.00
- Property Information:Total # Floors: 3.00
Parking
- Driveway:Paved: Yes
Property and Assessments
- Sign on Property: Yes
- Leased Land: No
- Property Type: Commercial
- Property Type Label: Commercial
- Property Sub-Type: Multi Family
- Year Built: 1900
Utilities
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water Source: Public
- Utilities:Utilities On: Yes
- Gas:Natural - On Site: Yes
Interior and Exterior Features
Exterior Features
- Construction Materials: Aluminum Siding
- # Fireplaces: 0
- Fireplace: No
- Vehicle Storage:No Vehicle Storage: Yes
- Roof: Shingle
Interior Features
- Basement: Full, Unfinished
- Flooring: Wood
- Cooling: None
- Heating: Direct Vent Heater
- Foundation Details: Concrete Perimeter, Brick/Mortar
- # Floors: 3
- Bathrooms Total (Integer): 0
- Bathrooms Total (Decimal): .00
- Bathrooms Total (Notational): .00
- Cooling YN: No
- Heating YN: Yes
Multi Family
Income & Expenses Information
- Gross Income: $.00
- Operating Expenses: $.00
Multi-Family Information
- Number of Units: 3
- Building Info:# Fireplaces: 0
- Building Info:# Stories: 3
- Building Info:# Water Heaters: 3
Unit 1
- Unit 1:Lease: No
- Unit 1:Level: First
- Unit 1:Security Deposit: No
- Unit 1:Monthly Rent: $2,000.00
- Unit 1:# Full Baths: .00
- Unit 1:# of Half Baths: 1.00
- Unit 1:# of Rooms: 3.00
- Unit 1:# of Bedrooms: .00
- Unit 1:Dedicated Electric Meter: Yes
- Unit 1:Dedicated Gas Meter: Yes
- Unit 1:Dedicated Water Heater: Yes
- Unit 1:Electric: No
- Unit 1:Heat: No
- Unit 1:Range: No
- Unit 1:Refrigerator: Yes
- Unit 1:Sewer: No
- Unit 1:Water: No
Unit 2
- Unit 2:Lease: No
- Unit 2:Level: First
- Unit 2:Security Deposit: No
- Unit 2:Monthly Rent: $2,750.00
- Unit 2:# Full Baths: 1.00
- Unit 2:# Half Baths: .00
- Unit 2:# of Rooms: 5.00
- Unit 2:# of Bedrooms: 2.00
- Unit 2:Dedicated Electric Meter: Yes
- Unit 2:Dedicated Gas Meter: Yes
- Unit 2:Dedicated Water Heater: Yes
- Unit 2:Electric: No
- Unit 2:Heat: No
- Unit 2:Range: Yes
- Unit 2:Refrigerator: Yes
- Unit 2:Sewer: No
- Unit 2:Water: No
Unit 3
- Unit 3:Lease: No
- Unit 3:Level: Second
- Unit 3:Security Deposit: No
- Unit 3:Monthly Rent: $3,900.00
- Unit 3:# Full Baths: 2.00
- Unit 3:# Half Baths: .00
- Unit 3:# of Rooms: 6.00
- Unit 3:# of Bedrooms: 4.00
- Unit 3:Dedicated Electric Meter: Yes
- Unit 3:Dedicated Gas Meter: Yes
- Unit 3:Dedicated Water Heater: Yes
- Unit 3:Electric: No
- Unit 3:Heat: No
- Unit 3:Range: Yes
- Unit 3:Refrigerator: Yes
- Unit 3:Sewer: No
- Unit 3:Water: No
Unit 4
- Unit 4:Electric: No
Unit Information
- Units:# of 1 BD Units: 1
- Units:# of 2 BD Units: 1
- Units:# of 3 BD Units: 0
- Units:# of 4+ BD Units: 1
Property History for 736 Forest Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jan 4, 2025 | Listed (Active) Maine Listings #1638196 | $899,000 | — |
| Jan 4, 2025 | Listed (Active) Maine Listings #1638190 | $899,000 | — |
| Sep 8, 2010 | Expired Maine Listings #949284 | $349,900 | — |
| Sep 8, 2009 | Listed (Active) Maine Listings #949284 | $349,900 | — |
| Mar 18, 2008 | Expired Maine Listings #827126 | $339,000 | — |
| Dec 18, 2006 | Listed (Active) Maine Listings #827126 | $425,000 | — |
| Apr 26, 2002 | Sold Maine Listings #538859 | $260,000 | — |
| Feb 28, 2002 | Active Under Contract Maine Listings #538859 | — | |
| Jan 21, 2002 | Listed (Active) Maine Listings #538859 | $268,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 01/04/2025 | Listed (Active) Maine Listings #1638196 | $899,000 |
| 01/04/2025 | Listed (Active) Maine Listings #1638190 | $899,000 |
| 09/08/2010 | Expired Maine Listings #949284 | $349,900 |
| 09/08/2009 | Listed (Active) Maine Listings #949284 | $349,900 |
| 03/18/2008 | Expired Maine Listings #827126 | $339,000 |
| 12/18/2006 | Listed (Active) Maine Listings #827126 | $425,000 |
| 04/26/2002 | Sold Maine Listings #538859 | $260,000 |
| 02/28/2002 | Active Under Contract Maine Listings #538859 | — |
| 01/21/2002 | Listed (Active) Maine Listings #538859 | $268,900 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 736 Forest Avenue
Taxable ValueLand$161,100Additions$546,200Total$707,300
Tax Record2024$10,617 ($885 / month)
Home Facts
Total Finished SqFt5,350 SqFtAbove Grade Finished SqFt5,350 SqFtLot Size4,169 SqFtStyleStoresYear Built1900CountyCUMBERLANDAPNPTLD M:130 B:H018001
Schools near 736 Forest 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 |
|---|---|---|
Longfellow School-Portland PublicK to 5 | ||
Lincoln Middle School Public6 to 8 | ||
Deering High School Public9 to 12 | ||
Portland 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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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 Elevate Maine Realty
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.
