481 Cumberland Ave

Portland ME 04101

4086 sq. ft.

4791.6 sq. ft.

Multi-Family

Last sold for $1,150,000

Briton Vitalius, last sold this property on 14 October 2026 after 41 days on market.

Overview

Welcome to 481 Cumberland: a brick 4-unit with its own private parking lot and move-in ready units, an increasingly hard-to-find combination in Portland. The largest unit is two floors with 2 bedrooms and a den, 1.5 baths, and in-unit laundry. The other three units are trendy 1 bds with lofty ceilings, hardwood floors and authentic historic details. Two of the units have been used as Short Term Rentals, generating significant income for the owners. This property will be delivered vacant, creating maximum flexibility and upside to the buyer. Owner occupants are not rent restricted by Portland's Rent Control - so the buyer can live in one unit and rent the other three at market rate.

Features

5 bathrooms

4086 sq. ft. floor area

4791.6 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 481 Cumberland Ave is $1m.

Median value

$1m

Estimated value range

$655k - $3.44m

Median days on market

Estimated value trend

-5%

decrease 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 481 Cumberland Ave

2026

Sold

$1,150,000

14 Oct 2026 by Briton Vitalius, of Vitalius Real Estate Group

2019

Sold

$725,000

26 Apr 2019 by Briton Vitalius, of Vitalius Real Estate 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.