$915,000

379 Cumberland Ave Unit 3 Portland, ME 04101

West Bayside Neighborhood

Estimated payment $5,563/month

Total Views 3,977
-- Bed
3 Baths
2,576 Sq Ft
$355 Price per Sq Ft

Highlights

  • Deck
  • Greek Revival Architecture
  • No HOA
  • Property is near public transit
  • Wood Flooring
  • 4-minute walk to Congress Square Park

About This Home

Freshly painted exterior and full of charm, the Gilbert L. Bailey House offers a rare investment opportunity in the heart of Portland. Just a short walk to the Arts District, top restaurants, and entertainment, this property combines historic character with a prime location. Owner will consider selling 381 Cumberland Ave, a 12-spot parking lot, with the purchase of 379 Cumberland Ave.
Per initial conversations with city officials, the lot may offer buildable potential. Buyer and agent to verify all information and conduct their own due diligence with the City of Portland regarding zoning, development, and permitted uses.

Listing Agent

Roger Begin

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: rogerbegin@masiello.com Listed on: 09/10/2025

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,934

Year Built

  • Built in 1915

Lot Details

  • 3,485 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Open Lot

Parking

  • No Driveway

Home Design

  • Greek Revival Architecture
  • Mansard Roof Shape
  • Brick Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Vinyl Siding
  • Clapboard

Interior Spaces

  • 2,576 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 19 / I
  • Assessor Parcel Number PTLD-000033-I000019-000001

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Bayside Subdivision

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $16,877
  • Gross Income $72,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,934

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Road Surface Type: Paved
  • MLS Status: Active
  • Subdivision Name: Bayside
  • Directions: Cumberland Avenue between Hanover St and Parris St
  • Above Grade Finished Sq Ft: 2576.0
  • Architectural Style: Greek Revival, Mansard
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1915
  • Attribution Contact: rogerbegin@masiello.com
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 355.2
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.08
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2576.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 72900.0
  • Income Expenses Operating Expenses: 16877.0
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Roof:Pitched: Yes
  • Driveway:No Driveway: Yes
  • Equipment:Cable: Yes
  • Heat System:Direct Vent Heater: Yes
  • Parking:No Parking: Yes
  • Basement Entry:Exterior Only: Yes
  • Transportation:Public Transport Access: Yes
  • Style:Mansard: Yes
  • Style:Greek-Revival: Yes
  • Advertising Remarks:Advertising Remarks: Very Well-Maintained 3-Unit in Downtown Portland! Freshly painted exterior and full of charm, the Gilbert L. Bailey House offers a rare investment opportunity in the heart of Portland. Just a short walk to the Arts District, top restaurants, and entertainment, this property combines historic character with a prime location. Unit 1: Spacious 2-bedroom townhouse with a private porch and separate entry Unit 2: 1-bedroom townhome with den and private entry Unit 3: Charming efficiency unit, perfect for short- or long-term rental Located on Cumberland Avenue, right between the eclectic Arts District and the thriving Bayside neighborhood, this property places you in one of Portland's hottest up-and-coming areas. A rare chance to own a truly unique building in a vibrant downtown setting! **Owner will consider selling 381 Cumberland Ave, a 12-spot parking lot, with the purchase of 379 Cumberland Ave. Per initial conversations with city officials, the lot may offer buildable potential. Buyer and agent to verify all information and conduct their own due diligence with the City of Portland regarding zoning, development, and permitted uses.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Other Equipment: Cable
  • Has Basement: Walk-Out Access, Full, Exterior Only, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Tile
  • Interior Amenities: Bathtub, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Well Landscaped, Open, Level, Sidewalks, Intown, Near Shopping, Near Town, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Clapboard, Wood Frame
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Parking, No Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3484.8
  • Parcel #: PTLD-000033-I000019-000001
  • Zoning: B-3

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 72900.0
  • Annual Operating Expense: 16877.0

Tax Info

  • Tax Annual Amount: 8934.0
  • Tax Block: I
  • Tax Lot: 19
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2025 09/10/25 For Sale $915,000 -- $355 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1637198

Maine Listings
Maine Cumberland County Portland 04101 West Bayside

379 Cumberland Ave Unit 3, Portland, ME

For Sale

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Listing Agent
Roger Begin
Section Image
Better Homes & Gardens Real Estate/The Masiello Group
(207) 222-7530