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$625,000
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Property Description
Check out this amazing investment opportunity on Portland's Washington Ave offering two spacious 4-bedroom/1-bath units. Each 1,000+ square foot apartment contains large bedrooms, flexible living/dining layouts, and classic period details ready for your finishing touch. A full walk-up attic, served by two existing staircases, presents excellent potential for an additional unit or expanded living space (buyer to verify with the City of Portland). The full basement is perfect for storage and utilities and has blown insulation, two newer natural gas wall hung boilers, and washer/dryer hookups. The garage is in fair condition and currently provides convenient extra storage for tenants or the property owner. Lots of off street parking can be found outside on the nearly completely fenced in lot. This in-town location close to restaurants, coffee, transit, and parks makes for a strong addition to any investors portfolio or a great setup for enjoyable owner occupancy. Tenants will appreciate a convenient bus stop outside of the Washington Avenue entrance. Solid bones, big bedrooms, and an uncommon upside with the attic space. Bring your vision and add value in one of Portland's most convenient corridors.
Full Property Details
Full Property Details for 605 Washington Ave
General
- Price: $625,000
- Taxes: $7,522 (2024)
- Status: Active
- Type: Duplex
- Source: MREIS
- MLS ID: 1635440
- Updated: 6/4/2026
- Added to Site: 132 day(s) ago
Interior
- Interior Features: Bathtub, Shower
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Other Rooms
- Laundry: Washer Hookup
Exterior
- Porch/Patio/Deck: Deck, Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Gravel, Detached, 5 - 10 Spaces, Off Street
Location
- County: Cumberland
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas Natural, Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: New Englander
- Structure Type: Duplex
- Construction: Wood Frame, Aluminum Siding, Vinyl Siding
- Basement: Yes
- Basement Desc.: Bulkhead, Brick/Mortar, Full, Unfinished
- Roof: Shingle
- Square Feet: 2,612
- Finished Total: 2,612 Sq. Ft.
- Finished Above Grnd: 2,612 Sq. Ft.
- Year Built: 1905
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,969.6
- Zoning: RN3
- Lot Description: Corner Lot, Level, Sidewalks, Near Shopping, Near Turnpike/Interstate, Near Town, Near Public Transit
- Fencing (Description): Fenced
Financial Considerations
- Operating Expenses: $9,147
- Tax Amount: $7,522
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 1
Listed by Maine Real Estate Co (207) 292-1030
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Schools
Schools serving 605 Washington Ave
School District:Portland
| Name | Grades | Distance |
|---|---|---|
Presumpscot School 69 Presumpscot Street, Portland, ME 04103 | K-5 | 0.2 mi |
Howard C Reiche Community School 166 Brackett Street, Portland, ME 04102 | K-5 | 2.2 mi |
Lyman Moore Middle School 171 Auburn Street, Portland, ME 04103 | 6-8 | 2.1 mi |
Casco Bay High School 196 Allen Avenue, Portland, ME 04103 | 9-12 | 1.9 mi |
Deering High School 370 Stevens Avenue, Portland, ME 04103 | 9-12 | 1.9 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 605 Washington Ave
Date
Details
Price
Change
Source
5/08/2026
Price Reduced
$625,000
-3.85%
MLS
2/26/2026
Price Reduced
$650,000
-8.45%
MLS
10/15/2025
Price Reduced
$710,000
-2.07%
MLS
9/09/2025
Price Reduced
$725,000
-3.33%
MLS
8/25/2025
Listed
$750,000
205.54%
MLS
6/15/2010
Sold
$245,471
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 605 Washington Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,048
7%
$671,800
34%
2024
$7,522
4%
$501,100
—
2023
$7,221
6%
$501,100
—
2022
$6,820
5%
$501,100
—
2021
$6,509
20%
$501,100
116%
2020
$5,415
—
$232,300
—
2019
$5,415
4%
$232,300
—
2018
$5,222
4%
$232,300
—
2017
$5,029
3%
$232,300
—
2016
$4,904
2%
$232,300
—
2015
$4,792
3%
$232,300
—
2014
$4,646
3%
$232,300
—
2013
$4,509
—
$232,300
—
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 605 Washington Ave
605 Washington Avenue, Portland, ME 04103 (MLS# 1635440) is a Duplex property with 0 bedrooms and 2 full bathrooms. 605 Washington Avenue is currently listed for $625,000 and was received on February 26, 2026. Want to learn more about 605 Washington Avenue? Do you have questions about finding other Duplex real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.

