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$990,000
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Property Description
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.
Full Property Details
Full Property Details for 379 Cumberland Ave #3
General
- Sold For: $990,000
- Taxes: $8,934 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1637198
- Added to Site: 182 day(s) ago
Interior
- Interior Features: Bathtub, Storage
- Flooring: Wood, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Additional Information
- Equipment: Cable
Exterior
- Porch/Patio/Deck: Deck, Patio, Porch
Parking
- Parking Features: No Parking, No Driveway
Location
- County: Cumberland
- Subdivision: Bayside
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Direct Vent Heater
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Greek Revival, Mansard
- Construction: Wood Siding, Vinyl Siding, Clapboard, Wood Frame
- Roof: Pitched, Shingle
- Stories/Levels: 2
- Building Size: 2576
- Square Feet: 2,576
- Living Area: 2,576 Sq. Ft.
- Finished Total: 2,576 Sq. Ft.
- Finished Above Grnd: 2,576 Sq. Ft.
- Year Built: 1915
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,484.8
- Lot Size Source: Public Records
- Zoning: B-3
- Lot Description: Well Landscaped, Open, Level, Sidewalks, Intown, Near Shopping, Near Town, Neighborhood, Near Public Transit
Financial Considerations
- Tax Amount: $8,934
- Tax Year: 2024
Disclosures and Reports
- Block: I
- Lot Number: 19
Listed by Better Homes & Gardens Real Estate/The Masiello Group (207) 782-8311
Sold by Greg Gordon Real Estate (207) 853-9606
Get Pre-Approved Today
Schools
Schools serving 379 Cumberland Ave #3
School District:Portland
| Name | Grades | Distance |
|---|---|---|
Howard C Reiche Community School 166 Brackett Street, Portland, ME 04102 | K-5 | 0.5 mi |
Ocean Avenue 150 Ocean Avenue, Portland, ME 04103 | K-5 | 1.7 mi |
Deering High School 370 Stevens Avenue, Portland, ME 04103 | 9-12 | 1.9 mi |
Casco Bay High School 196 Allen Avenue, Portland, ME 04103 | 9-12 | 3.1 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 379 Cumberland Ave #3
Date
Details
Price
Change
Source
1/26/2026
Sold
$990,000
8.2%
MLS
9/10/2025
Listed
$915,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
379 Cumberland Avenue #3, Portland, ME 04101 (MLS# 1637198) is a Multi-Family property that was sold at $990,000 on January 26, 2026. Want to learn more about 379 Cumberland Avenue #3? 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.

