91 Washburn Ave Portland, ME 04102
Oakdale NeighborhoodEstimated payment $5,587/month
Highlights
- Colonial Architecture
- Wood Flooring
- 1 Car Detached Garage
- Deck
- No HOA
- 4-minute walk to Noyes Park
About This Home
Charming 3-Unit Investment Property Near USM - Prime Portland LocationNestled in a desirable, walkable neighborhood near the University of Southern Maine, this classic Portland 3-unit offers timeless appeal and solid investment potential. Each unit features original hardwood floors, and architectural details that speak to the building's historic character - lots of character and vintage built-ins.Set on a generous lot, the property boasts a large yard - a rare find in this urban setting - perfect for gardening, entertaining, or relaxing outdoors. Tenants enjoy a peaceful, tree-lined street just minutes from local shops, cafes, and public transportation.The building has a strong, established rental history with steady cash flow and minimal vacancy. Whether you're a seasoned investor or an owner-occupant looking to offset your mortgage, this is a smart, turnkey opportunity in Maine's most sought-after city.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,998
Year Built
- Built in 1930
Lot Details
- 4,792 Sq Ft Lot
- Level Lot
Parking
- 1 Car Detached Garage
- Driveway
Home Design
- Colonial Architecture
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3 Full Bathrooms
- 3,369 Sq Ft Home
- Multi-Level Property
- Wood Flooring
- Washer and Dryer Hookup
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Deck
- Porch
Location
- City Lot
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
Listing and Financial Details
- Legal Lot and Block 012 / B
- Assessor Parcel Number PTLD-000051-B000012-000001
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $13,882
- Gross Income $69,494
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 | $8,998 | $599,500 | $91,100 | $508,400 |
| 2023 | $8,639 | $599,500 | $91,100 | $508,400 |
| 2022 | $8,159 | $599,500 | $91,100 | $508,400 |
| 2021 | $7,788 | $599,500 | $91,100 | $508,400 |
| 2020 | $7,441 | $319,200 | $85,600 | $233,600 |
| 2019 | $7,441 | $319,200 | $85,600 | $233,600 |
| 2018 | $7,176 | $319,200 | $85,600 | $233,600 |
| 2017 | $6,911 | $319,200 | $85,600 | $233,600 |
| 2016 | $6,738 | $319,200 | $85,600 | $233,600 |
| 2015 | $6,585 | $319,200 | $85,600 | $233,600 |
| 2014 | $6,384 | $319,200 | $85,600 | $233,600 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/11/2025 06/11/25 | For Sale | $864,900 | 0.0% | $257 / Sq Ft |
| 09/18/2024 09/18/24 | Price Changed | $2,000 | -4.8% | $2 / Sq Ft |
| 09/16/2024 09/16/24 | Price Changed | $2,100 | -8.7% | $2 / Sq Ft |
| 09/08/2024 09/08/24 | For Rent | $2,300 | -- | -- |
Source: Maine Listings
MLS Number: 1626163
APN: PTLD-000051-000000-B012001
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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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