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About the Listing 1898 - 015211
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! GROUP SHOWINGS TUES/THURS 1-2 PM
Listing Highlights
Status
Active
Days on Site
5
Property Type
Multi-Family
MLS ®
1665928
Year Built
1864
Total Square Footage
2,184
Lot/Acreage
0.53
County
Cumberland
Interior Details
- Bedrooms: 0
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Gas Natural,Hot Water,Radiator
- Fireplaces:
- Floor: Tile,Wood
- Above Ground Sq Ft: 2184
- Below Ground Sq Ft: 0
- Basement: Bulkhead,Interior Entry,Full,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Near Town,Level,Open Lot,Sidewalks
- Garage Capacity: 2 car
- Zoning: RN-3
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Paved,1 - 4 Spaces,Detached
Financial Details
- Tax Amount: $8,223
- Taxes w/Assessments: N/A
- Tax/Property ID: PTLD-000170-B000018-000001
- Tax Year: 2026
Payment Calculator
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Questions About..
850 Washington Ave Portland, ME 04103
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