311 Ocean St South Portland, ME 04106
Meetinghouse Hill NeighborhoodEstimated payment $6,107/month
Highlights
- Popular Property
- Scenic Views
- Property is near public transit
- Public Beach
- 0.84 Acre Lot
- Wooded Lot
About This Home
RARE OPPORTUNITY in one of South Portland's most desirable locations! This iconic 4-unit property offers endless potential for investors, multi-generational living, or anyone seeking the ideal setup for a home-based business. Originally built in 1900, this late-19th-century New Englander blends Colonial Revival character with timeless craftsmanship and period details throughout. Rich woodwork, hardwood floors, stained-glass accents, built-ins, and high ceilings create an atmosphere filled with warmth and charm. The property features four distinct spaces, including three spacious residential units — a first-floor 3 BR, two upper-level 2 BR units — and a dedicated home-occupancy suite once used as a pet-grooming business, perfect for a salon, studio, or office. A handsome fireplace, wrap-around enclosed porch, and large sun-filled rooms add to its appeal. An attached barn with loft and one-car garage offers incredible versatility, ideal for storage, a workshop, or potential in-law/ADU conversion. Set on a beautifully landscaped .84-acre corner lot with mature trees, gardens, and a tranquil stream, there may also be potential for a buildable lot (buyer to verify). Located minutes from Downtown Portland, Willard Beach, Bug Light Park, Spring Point Lighthouse, and Southern Maine Community College, with easy access to Portland International Jetport, Casco Bay Ferry Lines, and top-rated South Portland schools, this is coastal Maine living at its best. Bring your vision and unlock the potential of this one-of-a-kind property in the heart of South Portland. So much opportunity to live, work, and invest all in one prime location!
Open House Schedule
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Saturday, November 22, 202512:00 to 2:00 pm11/22/2025 12:00:00 PM +00:0011/22/2025 2:00:00 PM +00:00Enjoy Night Moves Bread with our family Greek EVOO while you tour!Add to Calendar
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Sunday, November 23, 20251:00 to 3:00 pm11/23/2025 1:00:00 PM +00:0011/23/2025 3:00:00 PM +00:00Enjoy Night Moves Bread with our family Greek EVOO while you tour!Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,355
Year Built
- Built in 1900
Lot Details
- 0.84 Acre Lot
- Public Beach
- Landscaped
- Corner Lot
- Level Lot
- Open Lot
- Wooded Lot
- Property is zoned R-AA
Parking
- 1 Car Attached Garage
Property Views
- Scenic Vista
- Woods
Home Design
- New Englander Architecture
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Composition Roof
- Fiberglass Roof
- Wood Siding
- Shingle Siding
- Clapboard
Interior Spaces
- 3,996 Sq Ft Home
- Ceiling Fan
- 1 Fireplace
- Double Pane Windows
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 7 Bedrooms
- Main Floor Bedroom
- 3 Full Bathrooms
- Bathtub
- Shower Only
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Shed
- Porch
Location
- Property is near public transit
- Property is near a golf course
- City Lot
Utilities
- No Cooling
- Radiator
- Hot Water Heating System
- Heating System Uses Steam
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 47
- Assessor Parcel Number PTLD-000156-F000002-000001
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,355 | $784,500 | $220,700 | $563,800 |
| 2023 | $8,419 | $595,400 | $118,400 | $477,000 |
| 2022 | $8,138 | $523,000 | $94,700 | $428,300 |
| 2021 | $7,688 | $523,000 | $94,700 | $428,300 |
| 2020 | $7,566 | $383,100 | $90,700 | $292,400 |
| 2019 | $7,143 | $383,100 | $90,700 | $292,400 |
| 2018 | $6,942 | $383,000 | $90,700 | $292,300 |
| 2017 | $6,894 | $383,000 | $90,700 | $292,300 |
| 2016 | $6,779 | $383,000 | $90,700 | $292,300 |
| 2015 | $6,664 | $383,000 | $90,700 | $292,300 |
| 2014 | $6,549 | $383,000 | $90,700 | $292,300 |
| 2013 | -- | $383,000 | $90,700 | $292,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/13/2025 11/13/25 | For Sale | $995,000 | +201.5% | $249 / Sq Ft | |
| 02/09/2012 02/09/12 | Sold | $330,000 | -10.8% | $97 / Sq Ft | View Prior Sale |
| 12/22/2011 12/22/11 | Pending | -- | -- | -- | |
| 06/15/2011 06/15/11 | For Sale | $370,000 | -- | $109 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $182,000 | New Conventional |
Source: Maine Listings
MLS Number: 1643758
APN: SPOR-000019-000000-000047
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