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

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 will ...

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
IDX
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.

Compare Listings