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1638 Forest Avenue, 
Portland, ME 04103

$999,000


Bed


3

Baths


2,533

Sq Ft


Multi-Family

Active

Listed by

John Tompkins

Jenna Segal

The Atlantic Real Estate Network

Last updated:

October 27, 2025, 07:12 PM

MLS#

1641961

Source:

ME MREIS

About This Home

1638 Forest Avenue

A unique opportunity for investors or developers—this property includes a well-maintained two-family home plus an additional lot for a combined total of almost 2.8 acres. The current owner has already been in contact with the city, and there's potential to build multiple new homes (buyers encouraged to perform due diligence). The existing two-unit features classic charm with hardwood floors, high ceilings, original moldings, decks, and porches. Enjoy solid rental income or owner-occupy while exploring future development possibilities. A property with this much space and flexibility doesn't come around often!

Home Facts

Multi-Family

3 Baths

Built in 1920

Price Summary

999,000

$394 per Sq. Ft.

MLS #:

1641961

Last Updated:

October 27, 2025, 07:12 PM


Rooms & Interior

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,533 Sq. Ft.


Structure

Structure

Architectural Style:

Victorian

Building Area:

2,533 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

121,532


Finances & Disclosures

Finances

Price:

$999,000

Price per Sq. Ft:

$394 per Sq. Ft.

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MREIS Multiple Listing Service™ system Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2023 Maine Real Estate Information System, Inc. All Rights Reserved

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