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West Bayside Multifamily Home for Sale

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    $715,000

    • 3 Baths
    • 3,653 Sq Ft

    50 Alder St, Portland, ME 04101

    Be part of Bayside's exciting transformation—one of Portland's fastest redeveloping neighborhoods. This spacious, move-in ready duplex sits in the heart of the Peninsula within the dynamic B2b business zone, offering both immediate cash flow and long-term upside. The detached garage includes a workshop—pefect for a creative or trade business—and off-street parking adds daily convenience.

    David Marshall EXP Realty

    50 Alder St, Portland, ME 04101

Why Live in West Bayside

West Bayside in Portland is a neighborhood in transition, evolving from its industrial roots into a vibrant, mixed-use community. This central Portland area is known for its walkability, with residents easily accessing local bakeries, restaurants, breweries, and grocery stores like Trader Joe’s and Whole Foods. Entertainment options include bowling at Bayside Bowl, live music, and film screenings at the Apohadion Theater. The neighborhood also features the Bayside Trail, a 1-mile paved walkway adorned with murals that connects to East Bayside. Just north of West Bayside is Back Cove, a scenic spot for walking and watching sunsets. The area is undergoing significant development, with Port Property leading a multi-phase project that will introduce over 600 market-rate units, 201 affordable housing units, and nearly 30,000 square feet of commercial space, enhancing the neighborhood's walkability and appeal. Current housing options include historic homes and multifamily properties, with some dating back to the late 19th century. West Bayside is home to Portland High School, the largest high school in the city, and East End Community School for younger children. The neighborhood provides convenient access to I-295 and Franklin Street, with East End Beach just two miles away and South Portland’s Willard Beach a short drive over the Casco Bay Bridge. As new projects come to fruition, West Bayside is poised to become one of the most desirable areas in Portland.

Home Trends in West Bayside, ME

Housing Trends

Median Sale Price
$717,000
Median Single Family Sale Price
$750,000
Median 2 Bedroom Sale Price
$757,000
Median 1 Bedroom Sale Price
$489,000
Average Price Per Sq Ft
$701
Number of Homes for Sale
6
Last 12 months Home Sales
12
Months of Supply
6.00
Median List Price
$684,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
18%
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