Seller's Agent in 2025
Tom Landry
Benchmark Real Estate
(207) 775-0248
27 in this area
325 Total Sales
1155 Washington Ave Portland, ME 04103
North Deering Neighborhood
--
Bed
2
Baths
2,592
Sq Ft
0.52
Acres
Highlights
- Nearby Water Access
- Deck
- New Englander Architecture
- 0.52 Acre Lot
- Wood Flooring
- Main Floor Bedroom
About This Home
As of March 2025Unlock the possibilities with this multi-unit Portland property! Featuring two bright and spacious units, each with 2 bedrooms and 1 bathroom, this home is an incredible opportunity for investors or those seeking rental income in a desirable location. The additional office space on the second floor is ideal for remote work or added flexibility and the laundry rooms in each unit are an added bonus!
With 0.5 acres of land, a sunny backyard, and zoning that allows for potential expansion, the future is brimming with options. While the home needs updating, the solid layout and abundance of natural light provide the perfect canvas to create a truly standout property. The basement and attic add valuable storage space.
Located just minutes from Portland's vibrant downtown, this property offers unbeatable convenience. Enjoy nearby restaurants, shopping, parks, and cultural attractions while benefiting from a more residential setting.
Whether you're a seasoned investor or looking to make your mark in Portland's thriving real estate market, this multi-family home is your chance to craft something special. Seize this incredible investment opportunity today!
Last Agent to Sell the Property
Keller Williams Realty Brokerage Email: scottandsunny@kw.com Listed on: 01/16/2025
Last Buyer's Agent
Keller Williams Realty Brokerage Email: scottandsunny@kw.com Listed on: 01/16/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,882
Year Built
- Built in 1915
Lot Details
- 0.52 Acre Lot
- Level Lot
- Open Lot
Home Design
- New Englander Architecture
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,592 Sq Ft Home
- Multi-Level Property
- Laundry on main level
- Attic
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 2 Full Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Garage
- Driveway
Outdoor Features
- Nearby Water Access
- Deck
- Porch
Location
- City Lot
Utilities
- No Cooling
- Radiator
- Heating System Uses Natural Gas
- Hot Water Heating System
- Heating System Uses Steam
Listing and Financial Details
- Tax Lot D004
- Assessor Parcel Number PTLD-000408-D000004-000001
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 16, 2025
Closed on
Mar 21, 2025
Sold by
Egeland John A and Egeland Charles F
Bought by
1155 Washington Ave Llc
Seller's Agent
Scott Townsend
Keller Williams Realty
Buyer's Agent
Scott Townsend
Keller Williams Realty
List Price
$500,000
Sold Price
$550,000
Premium/Discount to List
$50,000
10%
Views
30
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$440,000
Outstanding Balance
$437,375
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$138,243
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $550,000 | None Available | |
| Warranty Deed | $550,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $440,000 | Purchase Money Mortgage | |
| Closed | $440,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/19/2025 11/19/25 | For Sale | $799,000 | +45.3% | $308 / Sq Ft |
| 03/21/2025 03/21/25 | Sold | $550,000 | +10.0% | $212 / Sq Ft |
| 01/24/2025 01/24/25 | Pending | -- | -- | -- |
| 01/16/2025 01/16/25 | For Sale | $500,000 | -- | $193 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,882 | $458,500 | $64,800 | $393,700 |
| 2023 | $6,607 | $458,500 | $64,800 | $393,700 |
| 2022 | $6,240 | $458,500 | $64,800 | $393,700 |
| 2021 | $5,956 | $458,500 | $64,800 | $393,700 |
| 2020 | $5,821 | $249,700 | $82,300 | $167,400 |
| 2019 | $5,821 | $249,700 | $82,300 | $167,400 |
| 2018 | $5,613 | $249,700 | $82,300 | $167,400 |
| 2017 | $5,406 | $249,700 | $82,300 | $167,400 |
| 2016 | $5,271 | $249,700 | $82,300 | $167,400 |
| 2015 | $5,151 | $249,700 | $82,300 | $167,400 |
| 2014 | $4,994 | $249,700 | $82,300 | $167,400 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Landry
-
Scott Townsend
Seller's Agent in 2025
Scott Townsend
Keller Williams Realty
(207) 252-0720
13 in this area
516 Total Sales
-
Patrick Mcaloon
Seller Co-Listing Agent in 2025
Patrick Mcaloon
Benchmark Real Estate
(781) 258-6252
-
Paulo Costa
P
Seller Co-Listing Agent in 2025
Paulo Costa
Keller Williams Realty
(207) 383-5903
2 in this area
26 Total Sales
Map
Source: Maine Listings
MLS Number: 1612632
APN: PTLD-000408-000000-D004001
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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