SoldOct 10, 2025

Listed by Daniel Weber Nicholas Laverriere from Keller Williams Realty

Bought with Mushreq Alsamraee

Source: Maine Real Estate Information System, Inc. #1636596

700 Ocean Ave, Portland, ME, 04103

$840,000

3
2644 sq. ft.
6969.6 sq. ft.

MultiFam

•

5 days on the market

Sold: Oct 10, 2025

What's around 700 Ocean Ave

About this property

Turn-Key 3-Unit in Portland, perfect for investors or owner-occupants! This beautifully updated 3-unit property in Portland is truly turn-key. Major renovations were completed in 2019, and the current owner has taken it to the next level with even more improvements. Recent upgrades include a brand-new driveway, fresh landscaping, a new roof, high-quality composite exterior stairs, energy-efficient heat pump hot water heaters, and additional insulation following a professional energy audit. This is all designed to boost efficiency and reduce operating and maintenance costs. Inside, each unit is modern, bright, and inviting with hardwood modern kitchens. The heat pumps offer high efficiency heating and cooling, keeping expenses low and cash flow strong. The location couldn't be better, tucked in a peaceful, country-like setting yet just minutes from Back Cove, downtown Portland, and I-295. Rents are strong, and with the third or first floor units able to be delivered vacant, this is an excellent opportunity for an owner-occupant or a savvy investor looking for a turnkey property in a prime spot.

Looking for more information on 700 Ocean Ave?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Similar properties sold nearby

SoldAug 21, 2026
$904,150
169 Longfellow Street
Portland ME 04103
2
2
Multi-Family
Listing courtesy of Vitalius Real Estate Group and Keller Williams Realty
SoldAug 14, 2026
$920,000
15 Longfellow Street
Portland ME 04103
3
1
Multi-Family
Listing courtesy of Vitalius Real Estate Group and Portside Real Estate Group
SoldJul 8, 2026
$875,000
50 Noyes St
Portland ME 04103
2
2
Multi-Family
Listing courtesy of Waypoint Brokers Collective

Other properties sold by Keller Williams Realty

SoldAug 27, 2026
$380,000
66 Holden Hills
Bridgton ME 04009
3
2
Single-Family
Listing courtesy of Keller Williams Realty and Redfin Corporation
SoldAug 27, 2026
$1,425,000
17 Ancona Ave
Old Orchard Beach ME 04063
4
3
1
Single-Family
Listing courtesy of Ocean Park Realty and Keller Williams Realty
SoldAug 27, 2026
$413,000
19 Fairlawn Avenue
Westbrook ME 04092
3
1
Single-Family
Listing courtesy of Real Broker and Keller Williams Realty

Browse properties sold in nearby areas

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.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent