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$545,000
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Property Description
At the base of Deering Highlands, blocks from Back Cove, and firmly in Portland's Oakdale neighborhood, this updated Victorian offers convenience, charm, and value. Many updates and upgrades-including extensive siding work, fresh exterior paint, and a newer roof-make it move-in ready. The remarkably affordable price also reflects the home's upside potential, as similar properties in the area have sold for 1M or more. Although just over 2,000 square feet, the layout lives large with plenty of space for friends, family, and work-from-home flexibility. Inside you'll find a south-facing mudroom/sunroom, eat-in kitchen, formal dining, side sunroom, and spacious living room. Upstairs are three bedrooms and a full bath, while the third floor adds two additional rooms-ideal for bedrooms, home office, or flex space. With a recently cleaned and serviced boiler, attached garage, and a low-maintenance yet enchanting yard and gardens, the appeal is apparent. Location is everything, and here you can walk to everything you need: from parks and playgrounds to eateries, education, and art galleries. Nearby are the University of Southern Maine's Portland Campus, UNE's Portland Campus, Deering Center schools, Ocean Avenue Elementary, and the forthcoming Roux Institute. Add in Back Cove Trail, Longfellow Park, and a host of other recreational areas to make this one of Portland's most complete neighborhoods. At this price point, the opportunity is truly rare-a chance to break into a coveted neighborhood with room to build equity. For buyers seeking a move-in ready home, those eager to roll up their sleeves for a massive equity boost, or even investors eyeing a potential flip, this property delivers.
Full Property Details
Full Property Details for 48 Ashmont St
General
- Sold For: $545,000
- Taxes: $6,971 (2024)
- Status: Closed
- Type: Single Family
- Source: MREIS
- MLS ID: 1637812
- Added to Site: 123 day(s) ago
Interior
- Number of Rooms: 7
- Interior Features: Bathtub, Other, Shower, Storage
- Appliances: Refrigerator, Electric Range, Dishwasher
- Flooring: Wood, Tile, Carpet
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Washer Hookup
Additional Information
- Equipment: Internet Access Available
Exterior
- Porch/Patio/Deck: Deck, Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Parking Features: 1 - 4 Spaces, Paved, On-Site Parking, Inside Entrance, Off Street
Location
- County: Cumberland
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Steam, Radiator
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Victorian
- Construction: Wood Siding, Shingle Siding, Clapboard, Wood Frame
- Roof: Pitched, Shingle
- Windows: Double Pane Windows
- Building Size: 2032
- Square Feet: 2,032
- Sq. Ft. Source: Public Records
- Living Area: 2,032 Sq. Ft.
- Finished Total: 2,032 Sq. Ft.
- Finished Above Grnd: 2,032 Sq. Ft.
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Lot Size Source: Public Records
- Zoning: RN-3
- Lot Description: Well Landscaped, Corner Lot, Level, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Suburban, Near Public Transit, Near Railroad
Financial Considerations
- Tax Amount: $6,971
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 10
Listed by Benchmark Real Estate (207) 775-0248
Sold by Lakehome Group Real Estate (207) 495-2500
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Schools
Schools serving 48 Ashmont St
School District:Portland
| Name | Grades | Distance |
|---|---|---|
Ocean Avenue 150 Ocean Avenue, Portland, ME 04103 | K-5 | 0.7 mi |
King Middle School 92 Deering Avenue, Portland, ME 04102 | 6-8 | 0.8 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 48 Ashmont St
Date
Details
Price
Change
Source
12/24/2025
Sold
$545,000
-2.5%
MLS
10/31/2025
Price Reduced
$559,000
-6.68%
MLS
9/30/2025
Price Reduced
$599,000
-4.77%
MLS
9/16/2025
Listed
$629,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
48 Ashmont Street, Portland, ME 04103 (MLS# 1637812) is a Single Family property that was sold at $545,000 on December 24, 2025. Want to learn more about 48 Ashmont Street? Do you have questions about finding other Single Family real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

