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48 Ashmont Street, Portland, ME 04103

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For Sale

$629,000

4 beds • 1 baths • 2,032 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $309.55
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

At the base of Deering Highlands, blocks from Back Cove, and firmly in Portland's Oakdale neighborhood, this updated Victorian offers convenience, charm, and value. Many updates and upgrades including extensive siding work, fresh exterior paint, and a newer roof make it move-in ready. The remarkably affordable price also reflects the home's upside potential, as similar properties in the area have sold for 1M or more. Although just over 2,000 square feet, the layout lives large with plenty of space for friends, family, and work-from-home flexibility. Inside you'll find a south-facing mudroom/sunroom, eat-in kitchen, formal dining, side sunroom, and spacious living room. Upstairs are three bedrooms and a full bath, while the third floor adds two additional rooms ideal for bedrooms, home office, or flex space. With a recently cleaned and serviced boiler, attached garage, and a low-maintenance yet enchanting yard and gardens, the appeal is apparent. Location is everything, and here you can walk to everything you need: from parks and playgrounds to eateries, education, and art galleries. Nearby are the University of Southern Maine's Portland Campus, UNE's Portland Campus, Deering Center schools, Ocean Avenue Elementary, and the forthcoming Roux Institute. Add in Back Cove Trail, Longfellow Park, and a host of other recreational areas to make this one of Portland's most complete neighborhoods. At this price point, the opportunity is truly rare a chance to break into a coveted neighborhood with room to build equity. For buyers seeking a move-in ready home, those eager to roll up their sleeves for a massive equity boost, or even investors eyeing a potential flip, this property delivers. Showings available now. Open house Sunday, September 21st from 10:00-12:00 with offers due Tuesday; seller reserves the right to accept strong offers sooner.
MLS# 1637812

Courtesy Of Benchmark Real Estate
72 Pine Street, Portland, ME 04102
(207) 775-0248

Open Houses

September

21

Sunday

In Person

Sunday, September 21, 2025

8:00AM - 10:00AM

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Porch
  • Architecture Style
    Victorian
  • Exterior Type
    Wood Siding
  • Floor Covering
    Carpet, Tile, Wood
  • Heating System
    Steam
  • Lot Size
    0.05 Acres
  • Rooms
    Dining Room, Kitchen, Living Room

Map and Directions

Directions to 48 Ashmont Street, Portland, ME 04103

Home seller CENTURY 21 First Choice Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 First Choice Realty

(207) 839-2188
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.