16 Montrose Avenue, Portland, ME 04103
$1,195,000
Property Type:
Multi-Family
Baths:
3
Square Footage:
4,410
Lot Size (sq. ft.):
9,583
Status:
Active
Current Price:
$1,195,000
List Date:
9/16/2026
Last Modified:
9/16/2026
Overview
Description
...
(Read more)
Exceptional opportunity in Portland's desirable Rosemont neighborhood! 14-16 Montrose Avenue offers three spacious residential units, numerous updates, a detached 3-car garage and a location that continues to make this neighborhood one of Portland's most sought-after residential areas. Each of the three units offers generous living space, creating an attractive opportunity for investors as well as an owner-occupant looking to combine comfortable living with rental income. Numerous improvements have been completed throughout the property, while the detached three-car garage provides valuable parking and storage rarely found with Portland multi-units. Adding another interesting dimension, the property's deed describes the premises as two lots within the historic Rosemont subdivision, and City parcel mapping depicts two underlying parcels. The existing 3-unit and detached garage are situated on opposite parcels. This configuration may offer intriguing future possibilities for a buyer willing to explore the property's development potential with the City of Portland. A rare combination of three substantial units, a 3-car garage, desirable neighborhood setting and potential future upside—all just minutes from downtown Portland. Development potential has not been approved or confirmed. Buyers are responsible for independently verifying permitted uses and development potential with the City of Portland.
Listing Details MLS# 1679908
Location Information
- Street #
- 16
- Street Name
- Montrose
- Street Type
- Avenue
- County
- Cumberland
- Town
- Portland
- State/Province
- ME
- Zip Code
- 04103
- Zip +4
- 2441
- Leased Land
- No
- Book
- 35975
- Page
- 169
- Map
- 176
- Block
- H
- Lot
- 8-9
- Zoning
- R5
- Zoning Overlay
- No
- Association
- No
- Full Tax Amount $
- 11604
- Tax Year
- 2025
- Tree Growth Y/N
- No
Contract Information
- Original List Price
- 1195000
Property Information
- Surveyed
- No
- Seasonal
- No
- Owner Occupied
- No
- Deed/Conveyance Type Offered
- Quit Claim w/Covenant
- Deed
- All
- Deed Restrictions
- Unknown
- Bank Owned REO
- No
- 2 Detached Houses on 1 Lot
- No
- Number of Units
- 3
- Total Baths
- 3
- Total Full Baths
- 3
- Color
- Gray
- Year Built
- 1885
- SqFt Finished Above Grade
- 4410
- SqFt Finished Total
- 4410
- SqFt Source
- Public Records
- Furniture
- Unfurnished
- Garage
- Yes
- Garage Spaces
- 3
- Lot Size Acres +/-
- 0.22
- Source of Acreage
- Public Records
- Source of Road Frontage
- Public Records
Water Info
- Waterfront
- No
- Water View
- No
Building Info
- # Stories
- 3
- # Heating Units
- 3
- # Water Heaters
- 3
Units
- # of 3 BD Units
- 3
More Information
Unit 1
- Lease
- No
- Level
- First
- Security Deposit
- Yes
- # Full Baths
- Yes
- # of Rooms
- 7
- # of Bedrooms
- 3
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- Yes
- Dedicated Water Heater
- Yes
- Electric
- No
- Heat
- No
- Range
- Yes
- Refrigerator
- Yes
- Sewer
- Yes
- Water
- Yes
Unit 2
- Lease
- Yes
- Level
- Second
- Security Deposit
- Yes
- # Full Baths
- Yes
- # of Rooms
- 7
- # of Bedrooms
- 3
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- Yes
- Dedicated Water Heater
- Yes
- Electric
- No
- Heat
- No
- Range
- Yes
- Refrigerator
- Yes
- Sewer
- Yes
- Water
- Yes
Unit 3
- Lease
- No
- Level
- Third
- Security Deposit
- Yes
- # Full Baths
- Yes
- # of Rooms
- 8
- # of Bedrooms
- 3
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- Yes
- Dedicated Water Heater
- Yes
- Electric
- No
- Heat
- No
- Range
- Yes
- Refrigerator
- Yes
- Sewer
- Yes
- Water
- Yes
Utilities
- Utilities On
- Yes
Property Features
Site:
Corner Lot; Sidewalks
Location:
Near Golf Course; Near Public Beach; Near Shopping; Near Turnpike/Interstate; Neighborhood
Roads:
Paved; Public
Transportation:
Major Road Access; Near Airport; Public Transport Access
Recreational Water:
Nearby
View:
Scenic
Style:
Other
Levels:
Multi-Level; Tri-Level
Construction:
Masonry; Wood Frame
Basement:
Bulkhead; Full; Unfinished
Basement Entry:
Bulkhead; Interior
Foundation Materials:
Poured Concrete; Stone
Exterior:
Block
Roof:
Flat; Membrane; Shingle
Heat System:
Radiator; Steam
Heat Fuel:
Gas Natural
Water Heater:
Gas; Tank
Cooling:
None
Floors:
Vinyl; Wood
Amenities:
Bathtub; Laundry - Coin; Pantry; Shower; Storage
Patio and Porch Features:
Deck
Equipment:
Internet Access Available
Energy Efficiency:
Insulated Foundation
Driveway:
Paved
Parking:
5 - 10 Spaces; On Site; Paved
Vehicle Storage:
3 Car; Detached
Restrictions:
Other Restrictions
Electric:
Circuit Breakers
Gas:
Natural - On Site
Sewer:
Public Sewer
Water:
Public
Listing Terms:
1031 Exchange
Listing Office:
Maine Community Real Estate
Last Updated: September - 16 - 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 ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Plot Plan Public Access ›