Date
Details
Price
Change
Source
8/13/2026
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/22
$1,200,000 Just Listed
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1/22
Property Description
Welcome to 481 Cumberland: a brick 4-unit with its own private parking lot and move-in ready units, an increasingly hard-to-find combination in Portland. The largest unit is two floors with 2 bedrooms and a den, 1.5 baths, and in-unit laundry. The other three units are trendy 1 bds with lofty ceilings, hardwood floors and authentic historic details. Two of the units have been used as Short Term Rentals, generating significant income for the owners. This property will be delivered vacant, creating maximum flexibility and upside to the buyer. Owner occupants are not rent restricted by Portland's Rent Control - so the buyer can live in one unit and rent the other three at market rate.
Full Property Details
Full Property Details for 481 Cumberland Ave
General
- Price: $1,200,000
- Taxes: $14,292 (2026)
- Status: Active
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1676051
- Updated: 8/13/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Other Rooms
- Laundry: Washer Hookup
Parking
- Parking Features: Gravel, 5 - 10 Spaces, On-Site Parking, Off Street
Location
- County: Cumberland
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil, Zoned, Radiator, Steam
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Construction: Masonry, Brick
- Basement: Yes
- Basement Desc.: Doghouse, Interior Entry, Full, Unfinished, Brick/Mortar
- Roof: Shingle
- Square Feet: 4,086
- Finished Total: 4,086 Sq. Ft.
- Finished Above Grnd: 4,086 Sq. Ft.
- Year Built: 1866
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791.6
- Zoning: RN-4
- Lot Description: Intown, Level, Open Lot, Sidewalks, Near Public Transit
Financial Considerations
- Operating Expenses: $27,181
- Tax Amount: $14,292
- Tax Year: 2026
Disclosures and Reports
- Block: F
- Lot Number: 25
Listed by Vitalius Real Estate Group, LLC (207) 541-3755
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Listing agents
— 481 Cumberland Ave —
Vitalius Real Estate Group, LLC
207-541-3755
Vitalius Real Estate Group, LLC
207-541-3755
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 481 Cumberland Ave
School District:Portland
| Name | Grades | Distance |
|---|---|---|
Howard C Reiche Community School 166 Brackett Street, Portland, ME 04102 | K-5 | 0.3 mi |
East End Community School 195 North Street, Portland, ME 04101 | PK-5 | 1.3 mi |
Deering High School 370 Stevens Avenue, Portland, ME 04103 | 9-12 | 1.8 mi |
Casco Bay High School 196 Allen Avenue, Portland, ME 04103 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 481 Cumberland Ave
Tax History
Tax History for 481 Cumberland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,292
-4%
$1,193,000
21%
2024
$14,816
4%
$987,100
—
2023
$14,224
6%
$987,100
—
2022
$13,434
5%
$987,100
—
2021
$12,822
19%
$987,100
114%
2020
$10,748
—
$461,100
—
2019
$10,748
4%
$461,100
—
2018
$10,366
4%
$461,100
—
2017
$9,983
3%
$461,100
—
2016
$9,734
2%
$461,100
—
2015
$9,512
3%
$461,100
—
2014
$9,222
3%
$461,100
—
2013
$8,950
—
$461,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 481 Cumberland Ave
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- Updated 1 hour ago
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- Single Family
- Active
- Updated 14 hours ago
- 2Beds
- 1Total Bath
- 936Sq. Ft.
Listed by Kathleen Scott (207) 838-7740
- Single Family
- Active
- Updated 14 hours ago
- 4Beds
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- Condo
- Active
- Updated 14 hours ago
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- 2Total Baths
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- Single Family
- Active
- Updated 14 hours ago
- 2Beds
- 2Total Baths
- 1,000Sq. Ft.
Listed by EXP Realty
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- Commercial Multi-Family
- Closed
Listed by The Boulos Company
Sold by Keller Williams Realty
Sold by Keller Williams Realty
- Multi-Family
- Closed
- 3Units
- 0.08Acres
Listed by Keller Williams Realty
Sold by Keller Williams Realty
Sold by Keller Williams Realty
- Multi-Family
- Closed
- 10Units
- 0.1Acres
Listed by Vitalius Real Estate Group, LLC
Sold by Real Broker
Sold by Real Broker
- Condo
- Closed
- 3Beds
- 4Total Baths
- 2,394Sq. Ft.
Listed by Keller Williams Realty
Sold by Vitalius Real Estate Group, LLC
Sold by Vitalius Real Estate Group, LLC
481 Cumberland Avenue, Portland, ME 04101 (MLS# 1676051) is a Multi-Family property with 4 units containing 0 bedrooms and 4 full bathrooms. 481 Cumberland Avenue is currently listed for $1,200,000 and was received on August 13, 2026. Want to learn more about 481 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.