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$1,349,000

For Sale

21 hours ago

381 Deering Ave, Portland, ME

House

MLS® 1675729

0 Bed

5 Bath

5003 sqft

1 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 5003 sqft
Garage Yes
Taxes $13,436
Days Active 1
Lot Size 0.15 Acres
Approx. Age 1925
Avg. Price Per Sqft $269
MLS® Number 1675729

Property Address: 381 Deering Ave, Portland, ME, 04103-4478

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional opportunity to own a true two-unit in the heart of Portland's sought-after Oakdale neighborhood. Offering over 5, 000 square feet across three finished levels, this expansive property seamlessly blends historic character with modern amenities and significant systems updates, creating a rare investment or owner-occupant opportunity. With two spacious residences offering excellent rental income potential, this property provides exceptional flexibility for investors, multigenerational living, or those looking to offset their mortgage while enjoying one of Portland's most desirable neighborhoods. The first-floor residence features three bedrooms, one and a half baths, a generous living room, formal dining room, spacious bedrooms, and a bright bonus sunroom. Occupying the second and third floors, the upper residence lives like a single-family home with a spacious living area, formal dining room, updated kitchen, four generously sized bedrooms, the potential to finish a fifth bedroom, and three inviting sun porches that provide flexible space for relaxing or working from home. Throughout the home, beautifully restored original trim, built-ins, hardwood floors, and timeless architectural details showcase its historic charm, while thoughtful updates to the property's major systems provide peace of mind. Whether you're seeking strong rental income, multi-generational living, or the chance to owner-occupy one of Portland's most impressive two-unit homes, this property offers exceptional space, flexibility, and long-term value in one of the city's most desirable neighborhoods.
MLS® Number1675729
Laundry LevelUpper
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1925
BasementDoghouse, Interior Entry, Walk-Out Access, Full, Unfinished
Driveway
Garage Spaces
HeatGas Natural, Radiator, Steam
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 11, 2026List Date
$1,349,000List Price
  • Commute

Commute

Starting Address
Destination Address
381 Deering Ave, Portland, ME

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