850 Washington Avenue, Portland, ME 04103
Local realty services provided by:CENTURY 21 Advantage
Office: keller williams realty
MLS#:1665928
Source:ME_MREIS
Price summary
- Price:$799,000
- Price per sq. ft.:$365.84
About this home
Opportunity, flexibility, and location come together at 850 Washington Avenue, a beautifully renovated two-unit property in one of Portland's most exciting growth corridors.
Situated on over half an acre, this turnkey investment features two spacious 2-bedroom units, a detached 2-car garage, abundant off-street parking, and an expansive backyard, an increasingly rare find within the city.
Both units have been thoughtfully updated with timeless finishes including white cabinetry, granite countertops, updated appliances, stylish bathrooms, and in-unit laundry. Separate gas and electric meters, along with newer boilers, make ownership and management simple and efficient.
Whether you're an investor seeking a strong addition to your portfolio, an owner-occupant looking to offset your mortgage with rental income, or a parent searching for housing near Portland's rapidly growing educational and innovation district, this property offers exceptional versatility.
Located just minutes from Downtown Portland, Back Cove, Payson Park, Tipo, Monte's Fine Foods, and countless local amenities, the property also benefits from its proximity to the Roux Institute and the transformative investment occurring throughout the surrounding neighborhood. As Portland continues to emerge as a hub for technology, research, education, and entrepreneurship, demand for housing in this area is expected to remain strong.
Live in one unit and rent the other. Add a turnkey asset to your investment portfolio. Secure housing for a student, researcher, or professional while building equity in one of Portland's most desirable markets.
With updated interiors, strong rental appeal, a large lot, garage parking, and an unbeatable location, 850 Washington Avenue presents an opportunity that is becoming increasingly difficult to find in Portland.
A smart investment today--and an exciting opportunity for tomorrow!
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Home facts
- Year built:1864
- Listing ID #:1665928
- Updated:August 01, 2026 at 10:28 AM
Rooms and interior
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Tile, Wood
- Basement Description:Bulkhead, Full, Interior Entry, Unfinished
- Living area:2,184 sq. ft.
Heating and cooling
- Heating:Gas Natural, Heating, Hot Water, Radiator
Structure and exterior
- Roof:Shingle
- Year built:1864
- Building area:2,184 sq. ft.
- Lot area:0.53 Acres
- Lot Features:Level, Near Town, Open Lot, Sidewalks
- Architectural Style:New Englander
- Construction Materials:Shingle Siding, Wood Frame, Wood Siding
- Exterior Features:Deck, Porch
- Foundation Description:Block, Brick/Mortar, Poured Concrete
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$799,000
- Price per sq. ft.:$365.84
- Tax amount:$8,223 (2026)
Features and amenities
- Laundry features:Main Level, Upper Level
Parking
- Parking description:1 - 4 Spaces, Detached, Paved
- Garage:Yes
- Garage spaces:2
MREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved ME_MREIS Member Broker: Jamie WhiteNew listings near 850 Washington Avenue
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