Date
Details
Price
Change
Source
1/27/2026
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 Forest Ave
General
- Price: $1,499,000
- Taxes: $15,028 (2024)
- Status: Active
- Type: Commercial
- Source: MREIS
- MLS ID: 1650411
- Updated: 1/27/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Retail, Other
Interior
- Flooring: Vinyl, Tile, Carpet
Parking
- Parking Features: 1 - 4 Spaces, Paved, 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
- Construction: Brick Veneer, Brick, Masonry
- Roof: Flat, Other
- Building Size: 11169
- Square Feet: 11,169
- Living Area: 11,169 Sq. Ft.
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227.2
- Zoning: B2
- Lot Description: Public Transport Access, Near Turnpike/Interstate, Near Airport, Downtown, Business District, Bus Line, Near Shopping
Financial Considerations
- Tax Amount: $15,028
- Tax Year: 2024
Disclosures and Reports
- Lot Number: L002
Listed by Maine Real Estate Co (207) 292-1030
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We Value Your Privacy
Listing agents
— 671 Forest Ave —
Maine Real Estate Co
207-292-1030
Maine Real Estate Co
207-292-1030
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 671 Forest Ave
School District:Portland
| Name | Grades | Distance |
|---|---|---|
Ocean Avenue 150 Ocean Avenue, Portland, ME 04103 | K-5 | 0.4 mi |
Howard C Reiche Community School 166 Brackett Street, Portland, ME 04102 | K-5 | 1.7 mi |
Lyman Moore Middle School 171 Auburn Street, Portland, ME 04103 | 6-8 | 2.4 mi |
Deering High School 370 Stevens Avenue, Portland, ME 04103 | 9-12 | 0.6 mi |
Casco Bay High School 196 Allen Avenue, Portland, ME 04103 | 9-12 | 1.8 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 671 Forest Ave
Tax History
Tax History for 671 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 Forest Ave
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- Condo
- Active
- Updated 19 hours ago
- 2Beds
- 2Total Baths
- 1,273Sq. Ft.
Listed by Portside Real Estate Group
- Condo
- Active
- Updated 19 hours ago
- 1Bed
- 1Total Bath
- 538Sq. Ft.
Listed by Maine Real Estate Co
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- Condo
- Active
- Updated 1 day ago
- 1Bed
- 1Total Bath
- 538Sq. Ft.
Listed by RE/MAX Shoreline
- Single Family
- Active
- Updated 2 days ago
- 2Beds
- 3Total Baths
- 1,768Sq. Ft.
Listed by Signature Homes Real Estate Group, LLC
- Multi-Family
- Active
- Updated 6 days ago
- 2Units
- 0.38Acres
Listed by Verrill Real Estate, Inc
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- Multi-Family
- Closed
- 6Units
- 6,534Acres
Listed by Cottage & Co Real Estate
Sold by Keller Williams Realty
Sold by Keller Williams Realty
- Commercial Multi-Family
- Closed
Listed by Cottage & Co Real Estate
Sold by Keller Williams Realty
Sold by Keller Williams Realty
- Single Family
- Closed
- Updated 13 days ago
- 4Beds
- 2Total Baths
- 3,564Sq. Ft.
Listed by Waypoint Brokers Collective
Sold by Marsden Real Estate
Sold by Marsden Real Estate
- Single Family
- Closed
- 5Beds
- 3Total Baths
- 2,745Sq. Ft.
Listed and Sold by Waypoint Brokers Collective
671 Forest Avenue, Portland, ME 04103 (MLS# 1650411) is a Commercial property. 671 Forest Avenue is currently listed for $1,499,000 and was received on January 27, 2026. Want to learn more about 671 Forest Avenue? Do you have questions about finding other Commercial real estate for sale in Portland? You can browse all Portland real estate or contact a Coldwell Banker agent to request more information.