481 Cumberland Ave, Portland, ME 04101

$1,150,000
5
BA
4,086
SqFt

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Listing courtesy of Vitalius Real Estate Group, LLC.

Selling Office: Vitalius Real Estate Group, LLC.

Sold Price
$1,150,000
List Price
$1,200,000
Closing Date
Oct 14, 2026
MLS#
1676051
Status
CLOSED
Type
Multifamily
City
Portland
County
Cumberland
Bathrooms
5
Living Area
4,086
Lot Size
4,791
Year Built
1866

Property Description

Welcome to 481 Cumberland: a brick 4-unit with its own private parking lot and move-in ready units, an increasingly hard-to-find combination in Portland. The largest unit is two floors with 2 bedrooms and a den, 1.5 baths, and in-unit laundry. The other three units are trendy 1 bds with lofty ceilings, hardwood floors and authentic historic details. Two of the units have been used as Short Term Rentals, generating significant income for the owners. This property will be delivered vacant, creating maximum flexibility and upside to the buyer. Owner occupants are not rent restricted by Portland's Rent Control - so the buyer can live in one unit and rent the other three at market rate.

Additional Information

Living Area
4,086
Electric
Circuit Breakers
Water
Public
Basement
Doghouse, Interior Entry, Full, Unfinished, Brick/Mortar
Cooling
None
Year Built
1866
Acres
0.11
Roof
Shingle
Style
Other
Courtesy Of Listing Office
Vitalius Real Estate Group, LLC
Courtesy Of Selling Office
Vitalius Real Estate Group, LLC

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