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$835,000
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Property Description
This classic brick 4-unit building offers timeless charm and unbeatable location in one of Portland's most vibrant downtown neighborhoods. Featuring four well-maintained 1-bedroom, 1-bath apartments, this property is ideal for both investors and owner-occupants seeking strong rental potential. Each unit showcases original architectural details including elegant moldings, vintage fireplaces, and hardwood flooring, adding warmth and character throughout. The third-floor unit enjoys exclusive access to a private roof deck-perfect for relaxing or entertaining with city views. Additional amenities include coin-operated laundry in the basement for tenant convenience and a low-maintenance brick exterior. Just steps from restaurants, shops, the arts district, and all downtown Portland amenities, this is a rare opportunity to own a piece of the city with steady income and long-term upside. Don't miss your chance to invest in one of Portland's most desirable urban locations!
Full Property Details
Full Property Details for 450 Cumberland Ave
General
- Sold For: $835,000
- Taxes: $13,293 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1623551
- Added to Site: 242 day(s) ago
Interior
- Interior Features: Bathtub, Shower
- Fireplace: Yes
- Number of Fireplaces: 2
- Flooring: Wood, Vinyl, Tile, Carpet
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Other Rooms
- Laundry: Laundry - Coin
Additional Information
- Equipment: Internet Access Available
Parking
- Parking Features: 1 - 4 Spaces, Paved, Off Street
Location
- County: Cumberland
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On, Pole
Structural Information
- Architectural Style: Victorian
- Construction: Brick, Masonry
- Roof: Fiberglass, Membrane, Slate
- Stories/Levels: 3
- Building Size: 3136
- Square Feet: 3,136
- Living Area: 3,136 Sq. Ft.
- Finished Total: 3,136 Sq. Ft.
- Finished Above Grnd: 3,136 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,613.6
- Lot Size Source: Public Records
- Zoning: Res
- Lot Description: Level, Sidewalks, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Public Transit
Financial Considerations
- Tax Amount: $13,293
- Tax Year: 2024
Disclosures and Reports
- Block: B
- Lot Number: 3
Listed by Keller Williams Realty (207) 879-9800
Sold by Signature Homes Real Estate Group, LLC (207) 885-0500
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Schools
Schools serving 450 Cumberland Ave
School District:Portland
| Name | Grades | Distance |
|---|---|---|
Howard C Reiche Community School 166 Brackett Street, Portland, ME 04102 | K-5 | 0.3 mi |
King Middle School 92 Deering Avenue, Portland, ME 04102 | 6-8 | 0.4 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 450 Cumberland Ave
Date
Details
Price
Change
Source
8/01/2025
Sold
$835,000
-1.76%
MLS
5/21/2025
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
450 Cumberland Avenue, Portland, ME 04101 (MLS# 1623551) is a Multi-Family property that was sold at $835,000 on August 01, 2025. Want to learn more about 450 Cumberland 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.

