124 Ocean Avenue, Portland, ME 04103

$795,000

Virtual Tour

https://www.propertypanorama.com/instaview/mreis/1653435

124 ocean ave, portland, me 04103, usa_0

Property Type: Multi-Family Baths: 3 Square Footage: 2,458 Lot Size (sq. ft.): 19,602 Status: Pending

Current Price: $795,000 List Date: 3/05/2026 Last Modified: 4/08/2026

Overview

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 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 School, 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. ... (Read more)

Listing Details MLS# 1653435

Location Information

Street #: 124
Street Name: Ocean
Street Type: Avenue
County: Cumberland
Town: Portland
State/Province: ME
Zip Code: 04103
Zip +4: 5726
Leased Land: No
Book: 12424
Page: 182
Map: 138
Block: D
Lot: 15
Zoning: RN-3
Zoning Overlay: Unknown
Neighborhood Association: Back Cove
Association: No
Full Tax Amount $: 7500
Tax Year: 2024
Tree Growth Y/N: No

Contract Information

Original List Price: 795000

Property Information

Surveyed: Yes
Seasonal: No
Owner Occupied: Yes
Deed/Conveyance Type Offered: Warranty
Number of Units: 2
Total Baths: 3
Total Full Baths: 2
Total Half Baths: Yes
Color: Teal
Year Built: 1826
SqFt Finished Above Grade: 2458
SqFt Finished Total: 2458
SqFt Source: Public Records
Garage: No
Lot Size Acres +/-: 0.45
Source of Acreage: Public Records
SqFt Finished Below Grade: 0
Garage Spaces: 0

Status Change Info

Pending Date: 2026-04-07

Water Info

Water Frontage: No
Water View: No

Building Info

# Fireplaces: 3
# Stories: 2
# Floors: 2
# Heating Units: 2
# Water Heaters: Yes

More Information

Units

# of 1 BD Units: Yes
# of 3 BD Units: Yes

Unit 1

Lease: No
Level: First
Security Deposit: No
# Full Baths: Yes
# of Half Baths: Yes
# of Rooms: 6
# of Bedrooms: 3
Dedicated Electric Meter: No
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Monthly Rent: 0

Unit 2

Lease: No
Level: Second
Security Deposit: No
Monthly Rent: 1000
# Full Baths: Yes
# of Rooms: 3
# of Bedrooms: Yes
Dedicated Electric Meter: No
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes

Site

Corner Lot: Yes
Well Landscaped: Yes

Location

Near Shopping: Yes
Near Town: Yes
Neighborhood: Yes

Roads

Paved: Yes
Public: Yes

Style

New Englander: Yes

Construction

Wood Frame: Yes

Basement

Full: Yes
Sump Pump: Yes
Unfinished: Yes
Walk-Out Access: Yes

Exterior

Wood Siding: Yes

Roof

Membrane: Yes
Shingle: Yes

Heat System

Coal Stove: Yes
Hot Water: Yes
Radiator: Yes
Space Heater: Yes
Wood Stove: Yes

Heat Fuel

Coal: Yes
Gas Natural: Yes
Propane: Yes
Wood: Yes

Income & Expenses

Gross Income: 0
Operating Expenses: 0

Cooling

None: Yes

Floors

Carpet: Yes
Linoleum: Yes
Wood: Yes

Parking

1 - 4 Spaces: Yes
On Site: Yes

Electric

Circuit Breakers: Yes

Gas

Bottled: Yes
Natural - On Site: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Driveway

Other: Yes

Basement Entry

Interior: Yes

Water Heater

Electric: Yes

Amenities

1st Floor Bedroom: Yes
Bathtub: Yes
Shower: Yes

Patio and Porch Features

Deck: Yes
Porch: Yes

Equipment

Internet Access Available: Yes

Vehicle Storage

No Vehicle Storage: Yes

Property Features

Site: Corner Lot; Well Landscaped Location: Near Shopping; Near Town; Neighborhood Roads: Paved; Public Style: New Englander Construction: Wood Frame Basement: Full; Sump Pump; Unfinished; Walk-Out Access Basement Entry: Interior Exterior: Wood Siding Roof: Membrane; Shingle Heat System: Coal Stove; Hot Water; Radiator; Space Heater; Wood Stove Heat Fuel: Coal; Gas Natural; Propane; Wood Water Heater: Electric Cooling: None Floors: Carpet; Linoleum; Wood Amenities: 1st Floor Bedroom; Bathtub; Shower Patio and Porch Features: Deck; Porch Equipment: Internet Access Available Driveway: Other Parking: 1 - 4 Spaces; On Site Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Bottled; Natural - On Site Sewer: Public Sewer Water: Public

Documents

Property Disclosure Public Access ›

Owen Haskell Survey and Proposed Lot Div ›

124 Ocean inspection report ›

Deed Public Access ›

Easement Deed ›

Lead Paint Addendum Public Access ›

Arsenic Wood & Water ›

Listing Office: RE/MAX Shoreline

IDX

Last Updated: April - 08 - 2026

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. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.