850 Washington Avenue, Portland, ME 04103
$799,000
Property Type:
Multi-Family
Baths:
2
Square Footage:
2,184
Lot Size (sq. ft.):
23,087
Status:
Active
Current Price:
$799,000
List Date:
6/09/2026
Last Modified:
9/25/2026
Overview
Description
...
(Read more)
Opportunity, flexibility, and location come together at 850 Washington Avenue, a beautifully renovated two-unit property in one of Portland's most exciting growth corridors.
Situated on over half an acre, this turnkey investment features two spacious 2-bedroom units, a detached 2-car garage, abundant off-street parking, and an expansive backyard, an increasingly rare find within the city.
Both units have been thoughtfully updated with timeless finishes including white cabinetry, granite countertops, updated appliances, stylish bathrooms, and in-unit laundry. Separate gas and electric meters, along with newer boilers, make ownership and management simple and efficient.
Whether you're an investor seeking a strong addition to your portfolio, an owner-occupant looking to offset your mortgage with rental income, or a parent searching for housing near Portland's rapidly growing educational and innovation district, this property offers exceptional versatility.
Located just minutes from Downtown Portland, Back Cove, Payson Park, Tipo, Monte's Fine Foods, and countless local amenities, the property also benefits from its proximity to the Roux Institute and the transformative investment occurring throughout the surrounding neighborhood. As Portland continues to emerge as a hub for technology, research, education, and entrepreneurship, demand for housing in this area is expected to remain strong.
Live in one unit and rent the other. Add a turnkey asset to your investment portfolio. Secure housing for a student, researcher, or professional while building equity in one of Portland's most desirable markets.
With updated interiors, strong rental appeal, a large lot, garage parking, and an unbeatable location, 850 Washington Avenue presents an opportunity that is becoming increasingly difficult to find in Portland.
A smart investment today--and an exciting opportunity for tomorrow!
Listing Details MLS# 1665928
Location Information
- Street #
- 850
- Street Name
- Washington
- Street Type
- Avenue
- County
- Cumberland
- Town
- Portland
- State/Province
- ME
- Zip Code
- 04103
- Zip +4
- 2732
- Leased Land
- No
- Book
- 40390
- Page
- 188
- Map
- 170
- Block
- B-018
- Lot
- Yes
- Zoning
- RN-3
- Zoning Overlay
- No
- Association
- No
- Full Tax Amount $
- 8223
- Tax Year
- 2026
- Tree Growth Y/N
- No
Contract Information
- Original List Price
- 849000
Property Information
- Surveyed
- Unknown
- Seasonal
- No
- Owner Occupied
- No
- Number of Units
- 2
- Total Baths
- 2
- Total Full Baths
- 2
- Year Built
- 1864
- SqFt Finished Above Grade
- 2184
- SqFt Finished Total
- 2184
- Garage
- Yes
- Garage Spaces
- 2
- Lot Size Acres +/-
- 0.53
- Source of Acreage
- Public Records
Water Info
- Waterfront
- No
- Water View
- No
Building Info
- # Floors
- 2
- # Heating Units
- 2
Units
- # of 2 BD Units
- 2
More Information
Unit 1
- Lease
- No
- Level
- First
- Security Deposit
- Yes
- Monthly Rent
- 2600
- # Full Baths
- Yes
- # of Rooms
- 5
- # of Bedrooms
- 2
- 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
- No
- Level
- Second
- Security Deposit
- Yes
- Monthly Rent
- 2094
- # Full Baths
- Yes
- # of Rooms
- 4
- # of Bedrooms
- 2
- 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:
Level; Open; Sidewalks
Location:
Near Town
Roads:
Paved; Public
Style:
New Englander
Levels:
Multi-Level
Construction:
Wood Frame
Basement:
Full; Unfinished
Basement Entry:
Bulkhead; Interior
Foundation Materials:
Block; Brick/Mortar; Poured Concrete
Exterior:
Shingle Siding; Wood Siding
Roof:
Shingle
Heat System:
Hot Water; Radiator
Heat Fuel:
Gas Natural
Water Heater:
Gas; Off Heating System; On Demand
Cooling:
None
Floors:
Tile; Wood
Amenities:
Laundry - 1st Floor; Laundry - 2nd Floor
Patio and Porch Features:
Deck; Porch
Driveway:
Paved
Parking:
1 - 4 Spaces
Vehicle Storage:
2 Car; Detached
Electric:
Circuit Breakers
Gas:
Natural - On Site
Sewer:
Public Sewer
Water:
Public
Documents
Listing Office:
Keller Williams Realty
Last Updated: September - 25 - 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.
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