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$555,000
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Property Description
Back on market due to financing. Welcome to 155 Allen Avenue, located in the Deering Neighborhood of Portland. This colonial-style side-by-side duplex in Portland offers a fantastic opportunity for both owner-occupants and investors. Each unit features 3 bedrooms, separate driveways, individual electrical meters, and separate heat pumps. The owner's unit (#155) has been freshly updated with new carpet and interior paint and is move-in ready. The tenant-occupied unit (#153) has undergone extensive improvements including new windows, roof sheathing and shingles, a new deck, and an updated kitchen. Additional upgrades include a hot water heater servicing both units (connected to #153's electrical), new circuit breaker boxes with updated cables to meters, as well as new outlets, switches, and lighting in unit #153. The seller also removed large trees in the backyard, improved drainage and added loam and seed to create a spacious, open outdoor area. Unit #155 also features a new tub surround in the bathroom. Located near Casco Bay High School/PATHS and a short drive to Lyseth Elementary and Lyman Moore Middle School, this property is conveniently within a short drive of the Old Port, Arts District, and the Maine Mall. Whether you're looking for a place to call home with rental income or a full investment property, this duplex offers excellent versatility and potential. There may be potential to expand into the third floor of each unit with the appropriate permits. The owner's unit is easy to show, while the tenant's unit requires 24-hour notice. Inspection report available upon request. Open house on Saturday, May 10 from 11:00 AM to 1:00 PM.
Full Property Details
Full Property Details for 155 Allen Ave
General
- Sold For: $555,000
- Taxes: $5,752 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1616991
- Added to Site: 330 day(s) ago
Interior
- Flooring: Wood, Vinyl, Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Other Rooms
- Laundry: Washer Hookup
Exterior
- Porch/Patio/Deck: Deck
Parking
- Parking Features: 5 - 10 Spaces, Paved
Location
- County: Cumberland
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Colonial
- Construction: Vinyl Siding, Wood Frame
- Roof: Shingle
- Building Size: 1980
- Square Feet: 1,980
- Living Area: 1,980 Sq. Ft.
- Finished Total: 1,980 Sq. Ft.
- Finished Above Grnd: 1,980 Sq. Ft.
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,662.8
- Lot Size Source: Public Records
- Zoning: R5
- Lot Description: Open, Neighborhood
Financial Considerations
- Tax Amount: $5,752
- Tax Year: 2024
Disclosures and Reports
- Lot Number: A024
Listed by EXP Realty (888) 439-8743
Sold by Keller Williams Realty (207) 879-9800
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Schools
Schools serving 155 Allen Ave
School District:Portland
| Name | Grades | Distance |
|---|---|---|
Harrison Lyseth Elementary School 175 Auburn Street, Portland, ME 04103 | PK-5 | 1 mi |
Lyman Moore Middle School 171 Auburn Street, Portland, ME 04103 | 6-8 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 155 Allen Ave
Date
Details
Price
Change
Source
7/17/2025
Sold
$555,000
0.91%
MLS
6/04/2025
Price Reduced
$550,000
-1.79%
MLS
5/22/2025
Price Reduced
$560,000
-1.75%
MLS
4/16/2025
Price Reduced
$570,000
-1.72%
MLS
4/09/2025
Price Reduced
$580,000
-3.33%
MLS
3/27/2025
Listed
$600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
155 Allen Avenue, Portland, ME 04103 (MLS# 1616991) is a Multi-Family property that was sold at $555,000 on July 17, 2025. Want to learn more about 155 Allen Avenue? Do you have questions about finding other Multi-Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

