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Property view

124 Ocean Avenue, 
Portland, ME 04103

$740,000


—

Bed


3

Baths


2,458

Sq Ft


Multi-Family

Closed

RE/MAX Shoreline

MLS#

1653435

Source:

ME MREIS

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About This Home

124 Ocean Avenue

Step into this classic 1826 home, beautifully set back from Ocean Avenue and surrounded by beautiful spring, summer, and fall gardens. Rich with character and history, this property offers a rare opportunity to own a piece of the past while bringing your own vision for thoughtful updates throughout. The home features a new high-efficiency boiler that heats the main house, along with the option to use a traditional wood/coal stove in the kitchen for supplemental warmth. An at-will tenant provides steady monthly income, offering flexibility for investors or owner-occupants alike. Recently pre-inspected for the buyer's convenience, the property has also been surveyed for three possible lots--presenting exciting potential for future expansion or investment. Ideally located close to Ocean Avenue Elementary, popular local dining spots such as Tipo, Bayou Kitchen and neighborhood favorite Sammy's Scoops, you'll enjoy both tranquility and accessibility in one desirable setting. Enjoy the added benefit of being within walking distance to numerous nearby trails, perfect for hiking, biking, and exploring the outdoors. Whether you're seeking a charming primary residence or an investment opportunity, this historic home invites you to imagine the possibilities. Located on the corner of Ocean Avenue and Mayland Street.

Home Facts

Multi-Family

3 Baths

Built in 1826

Subdivision & Development:

Back Cove

Price Summary

795,000

$323 per Sq. Ft.

MLS #:

1653435

Sold:

June 18, 2026


Rooms & Interior

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2


Structure

Structure

Architectural Style:

New Englander

Building Area:

2,458 Sq. Ft.

Year Built:

1826


Lot

Lot Size (Sq. Ft):

19,602


Finances & Disclosures

Finances

Price:

$795,000

Price per Sq. Ft:

$323 per Sq. Ft.

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