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$895,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 1 Unit
  • 0.14 Acres
  • Updated 18 hours ago
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Mixed-use property offering both residential and commercial income potential in a highly visible Forest Ave location. Property includes a ground-level retail space with established tenant and a spacious, renovated two-level 5-bedroom residential unit. The residential unit offers strong rental potential, making this an attractive opportunity for investors or owner-occupants. Off-street parking and flexible layout add to the property's appeal. The building is equipped with natural gas heating, updated hot water heater, and a commercial-grade fire alarm and sprinkler system. Ideal for those seeking rental income, a live/work setup, or long-term investment in a prime Portland location. Also listed as Commercial MLS #1655962

Full Property Details for 777 Forest Ave

General

  • Price: $895,000
  • Taxes: $7,910 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: MREIS
  • MLS ID: 1656222
  • Updated: 4/2/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Parking

  • Parking Features: 5 - 10 Spaces, Paved

Location

  • County: Cumberland

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air Conditioning
  • Heating Type: Heat Pump, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Colonial
  • Construction: Vinyl Siding, Wood Frame
  • Roof: Shingle
  • Building Size: 3948
  • Square Feet: 3,948
  • Living Area: 3,948 Sq. Ft.
  • Finished Total: 3,948 Sq. Ft.
  • Finished Above Grnd: 3,948 Sq. Ft.
  • Year Built: 1930

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,098.4
  • Lot Size Source: Public Records
  • Zoning: B2
  • Lot Description: Sidewalks, Near Turnpike/Interstate, Near Public Transit

Financial Considerations

  • Tax Amount: $7,910.39
  • Tax Year: 2026

Disclosures and Reports

  • Block: C
  • Lot Number: 17

Listed by F.O. Bailey Real Estate (207) 781-1111

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Listing agent

— 777 Forest Ave —

  • F.O. Bailey Real Estate

    207-781-1111

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 777 Forest Ave

School District:Portland
NameGradesDistance
Ocean Avenue
150 Ocean Avenue, Portland, ME 04103
K-50.2 mi
Howard C Reiche Community School
166 Brackett Street, Portland, ME 04102
K-51.9 mi
Lyman Moore Middle School
171 Auburn Street, Portland, ME 04103
6-82.2 mi
Deering High School
370 Stevens Avenue, Portland, ME 04103
9-120.6 mi
Casco Bay High School
196 Allen Avenue, Portland, ME 04103
9-121.6 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 777 Forest Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/02/2026
Listed
$895,000
—
MLS
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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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Listed by F.O. Bailey Real Estate (207) 781-1111

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777 Forest Avenue, Portland, ME 04103 (MLS# 1656222) is a Multi-Family property with 1 unit containing 0 bedrooms and 1 full bathroom. 777 Forest Avenue is currently listed for $895,000 and was received on April 02, 2026. Want to learn more about 777 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.

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