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Located at 160 Washington Avenue, Portland, Maine 04101, this Other is for Sale with a price of $1,495,000 USD. The property was built in 1985, has 5 full baths. This listing has 4,732 Sq.Ft. of interior space on a lot of .15 Acres. See all Homes for Sale in Portland.
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45. 160 Washington Avenue
1. 160 Washington Avenue
2. 160 Washington Avenue
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MainePortland160 Washington Avenue

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Description

160 Washington Avenue,

Portland, ME 04101

Turnkey 5-Unit Investment in Prime Munjoy Hill Location! Seasoned investors know the value of location, layout, and low-maintenance assetsthis property checks all the boxes. Situated at the base of Munjoy Hill, one of Portland's most desirable and appreciating neighborhoods, this well-maintained five-unit building offers a solid, income-generating opportunity. All five units are two-bedrooms, a consistently high-demand layout that attracts long-term tenants. Interiors are efficiently designed, with spacious living areas, functional kitchens, and ample natural lightunits that rent easily and retain well. The building has been well cared for, minimizing deferred maintenance and immediate capex needs. Off-street parking adds a competitive edge in this urban market, boosting tenant satisfaction and retention. The location is a key asset: walkable to local dining, coffee shops, artisan retail, and the Eastern Promenade. Public transportation access and proximity to downtown further broaden the tenant pool. This is an ideal opportunity for investors looking to expand or diversify with a plug-and-play multifamily in a high-demand submarket. Whether you're growing a portfolio or executing a 1031 exchange, this Munjoy Hill asset delivers dependable performance and long-term upside.

This is an Active listing.

Broker Office Phone Number: 207-805-3707

Copyright © 2025Maine Real Estate Information System, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Carpet
  • Carpeted Floors
  • Deck
  • Vinyl Flooring
  • Laminate Flooring
  • Composition Shingle Roof
  • Off Street Available
Listing By: Spectrum Real Estate via Data Source: Maine Real Estate Information System, Inc. 
5
Full Baths
$1,495,000
price
$316
Price Per Sqft
$11,167
Annual taxes
Other
Property type
1985
Year Built
Portland
School District
Portland
School District
portland-public-schools-portland-me
Schools
1550320
Web Id
1622196
MLS ID
73
Days Posted

Price History

datepricevariancetype
5/11/2025$1,495,000-Listed
listing agent: Fred Andrews
more info
4,732 Sq Ft.
interior
0.15 Acres
Exterior
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    160 Washington Avenue
    Portland, ME 04101

    $1,495,000
    5 ba