Date
Details
Price
Change
Source
1/24/2026
Listed
$1,499,000
—
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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$1,499,000 Just Listed
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Property Description
INVESTORS TAKE NOTICE: 1 retail and 8 residential units (9 units total) in a prime Portland location! Discover a unique investment opportunity at the vibrant intersection of Forest Ave, Woodford St, and Ocean Ave. This property features a strategic location with one street-level retail unit, perfect for businesses seeking prime visibility, and eight residential units on the second floor, providing modern living spaces with 1 to 3 bedrooms.Positioned at a bustling intersection, the property promises high traffic and accessibility via major thoroughfares and public transportation. Investors can capitalize on a steady rental income stream from the mix of residential and commercial spaces, while the prime location ensures long-term appreciation and demand. Explore the potential of this mixed-use gem, combining convenience, versatility, and income prospects. Schedule your private viewing and seize the opportunity to invest in this dynamic property. The full finished basement, equipped with a loading dock, adds versatility for potential expansion, storage, or logistical convenience for the retail unit.
Full Property Details
Full Property Details for 671-675 Forest Ave
General
- Price: $1,499,000
- Taxes: $15,028 (2026)
- Status: Active
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1650249
- Updated: 1/24/2026
- Added to Site: 3 day(s) ago
Interior
- Flooring: Vinyl, Tile, Carpet
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Additional Information
- Security/Safety: Sprinkler, Fire System
Parking
- Parking Features: 1 - 4 Spaces, Paved, Common, On-Site Parking, Off Street, On Street
Location
- County: Cumberland
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Construction: Brick Veneer, Brick, Masonry
- Roof: Flat, Other
- Building Size: 7446
- Square Feet: 7,446
- Living Area: 7,446 Sq. Ft.
- Finished Total: 7,446 Sq. Ft.
- Finished Above Grnd: 7,446 Sq. Ft.
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227.2
- Lot Size Source: Public Records
- Zoning: B2B
- Lot Description: Open, Level, Sidewalks, Intown, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Public Transit
Financial Considerations
- Tax Amount: $15,028
- Tax Year: 2026
Disclosures and Reports
- Lot Number: L002
Listed by Maine Real Estate Co (207) 292-1030
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Listing agents
— 671-675 Forest Ave —
Maine Real Estate Co
207-292-1030
Maine Real Estate Co
207-292-1030
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 671-675 Forest Ave
Tax History
Tax History for 671-675 Forest Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$18,140
4%
$1,208,500
—
2023
$17,414
6%
$1,208,500
—
2022
$16,448
5%
$1,208,500
—
2021
$15,698
7%
$1,208,500
91%
2020
$14,711
—
$631,100
—
2019
$14,711
4%
$631,100
—
2018
$14,187
4%
$631,100
—
2017
$13,663
3%
$631,100
—
2016
$13,323
2%
$631,100
—
2015
$13,020
6%
$631,100
3%
2014
$12,292
3%
$614,600
—
2013
$11,929
—
$614,600
—
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 671-675 Forest Ave
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Sold by Marsden Real Estate
671-675 Forest Avenue, Portland, ME 04103 (MLS# 1650249) is a Multi-Family property with 8 units containing 0 bedrooms and 8 full bathrooms. 671-675 Forest Avenue is currently listed for $1,499,000 and was received on January 24, 2026. Want to learn more about 671-675 Forest 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.