121 Ocean Avenue

Portland ME 04103

2796 sq. ft.

30492 sq. ft.

Multi-Family

Last sold for $850,000

Karen Thompson, last sold this property on 04 September 2025 after -363 days on market.

Overview

Charming Two-Unit in Back Cove on ¾ Acre with Gardens and Wooded Privacy Nestled in Portland's desirable Back Cove neighborhood, this rare two-unit property offers the perfect blend of in-town convenience and serene, natural surroundings. Set on an expansive ¾-acre lot, the home is surrounded by beautifully landscaped gardens and a large wooded area that provides exceptional privacy and peaceful enjoyment. Each unit is well-maintained. Updates include a new roof and a recently installed heating system, offering both comfort and efficiency. Whether you're an owner-occupant looking for supplemental income or an investor seeking a quality property in a sought-after location, this is a special opportunity. Enjoy easy access to trails, local shops, restaurants, and all that Portland has to offer—then return home to your own private oasis. A truly unique property that combines the best of both worlds.

Features

2 bathrooms

2796 sq. ft. floor area

30492 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Portland over the last 12 months, the estimated median property value of 121 Ocean Avenue is $850k.

Median value

$850k

Estimated value range

$540k - $1.6m

Median days on market

Estimated value trend

17%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Portland. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 121 Ocean Avenue

2025

Sold

$850,000

04 Sep 2025 by Karen Thompson, of The Flaherty Group

Happy sellers in Portland

We have insufficient information to provide an overview of customer satisfaction for Portland. Viewing the agent profiles, reviews and sales for Portland can provide insights for this location.