117 Allen Avenue, Portland, ME 04103
New Listing
$800,000
Property Type:
Multi-Family
Baths:
3
Square Footage:
3,438
Lot Size (sq. ft.):
12,632
Status:
Active
Current Price:
$800,000
List Date:
10/02/2026
Last Modified:
10/03/2026
Overview
Description
...
(Read more)
Investors, this one checks all the boxes for an income property or for owner-occupied living. This stately 1912 Victorian with three fully leased apartments in Portland's North Deering neighborhood generates $74,400 in gross annual income. The building offers TWO 2BR/1BA units ($2,400/month on the first floor and $2,100/month on the 2nd floor), and a 1BR/1BA third-floor unit ($1,700/month), each with separate utilities. Landlord pays water & sewer for all. The 3rd-floor unit is income-controlled by the City of Portland - seller currently pays the unit's utilities. Unit 2 is leased through the end of 2026. Units 1 & 3 have leases in place through 10/1/2027. Period charm abounds, with two fireplaces, a large front porch, built-in cabinetry, and original molding, complemented by thoughtful modern updates. 2021 updates include the first-floor kitchen-new cabinets, a butcher block island, and new appliances, including a natural gas range, an added doorway to the dining room, a replaced ceiling in the middle bedroom, and fresh paint throughout unit 1. In 2022, a new sewer line was installed along with a new heater for the second-floor front stairwell. In 2024, the second floor was repainted, its kitchen floor was refinished, and washer/dryers were added for units 2 and 3, so each unit has its own laundry set (landlord owned.) In 2025, an electric hot water heater for the 2nd floor and updated sprinkler system electrics were installed. In 2026, the exterior was painted, a new storm door was installed, landscaping was completed, and the interior stairs were freshly painted. Set on a level 0.29-acre lot near Yale Street, the property also includes a detached 2-car garage, a storage shed and ample off-street parking. Enjoy a convenient location close to UNE's Dental School, shopping, public transit, and great restaurants, with easy access to I-95, I-295, and the airport. This well-maintained, fully occupied investment property is ready for you!
Listing Details MLS# 1682904
Location Information
- Street #
- 117
- Street Name
- Allen
- Street Type
- Avenue
- County
- Cumberland
- Town
- Portland
- State/Province
- ME
- Zip Code
- 04103
- Zip +4
- 3839
- Leased Land
- No
- Book
- 39658
- Page
- 170
- Map
- 436
- Block
- A
- Lot
- 3
- Zoning
- RN3
- Zoning Overlay
- No
- Association
- No
- School District
- Portland Public Schools
- Full Tax Amount $
- 9235
- Tax Year
- 2026
- Tree Growth Y/N
- No
Contract Information
- Original List Price
- 800000
Property Information
- Surveyed
- Yes
- Seasonal
- No
- Owner Occupied
- No
- Deed/Conveyance Type Offered
- Warranty
- Deed
- All
- Deed Restrictions
- Yes
- Bank Owned REO
- No
- 2 Detached Houses on 1 Lot
- No
- Number of Units
- 3
- Total Baths
- 3
- Total Full Baths
- 3
- Color
- Grey
- Year Built
- 1912
- SqFt Finished Above Grade
- 3438
- SqFt Finished Total
- 3438
- SqFt Source
- Seller
- Other Source of Square Footage
- 3rd floor not included in tax card SF
- Furniture
- Unfurnished
- Garage
- Yes
- Garage Spaces
- 2
- Lot Size Acres +/-
- 0.29
- Source of Acreage
- Public Records
- Road Frontage
- Yes
- Road Frontage +/-
- 65
- Source of Road Frontage
- Public Records
Water Info
- Waterfront
- No
- Water View
- No
- Island
- No
Building Info
- # Fireplaces
- 2
- # Stories
- 2
- # Floors
- 3
- # Heating Units
- 3
- # Water Heaters
- 3
Units
- # of 1 BD Units
- Yes
- # of 2 BD Units
- 2
More Information
Unit 1
- Lease
- Yes
- Level
- First
- Security Deposit
- Yes
- Monthly Rent
- 2400
- # Full Baths
- Yes
- # of Rooms
- 5
- # of Bedrooms
- 2
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- Yes
- Dedicated Water Heater
- Yes
- Electric
- No
- Heat
- No
- Range
- Yes
- Refrigerator
- Yes
- Sewer
- Yes
- Water
- Yes
Unit 2
- Lease
- Yes
- Level
- Second
- Security Deposit
- Yes
- Monthly Rent
- 2100
- # Full Baths
- Yes
- # of Rooms
- 5
- # of Bedrooms
- 2
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- No
- Dedicated Water Heater
- Yes
- Electric
- No
- Heat
- No
- Range
- Yes
- Refrigerator
- Yes
- Sewer
- Yes
- Water
- Yes
Unit 3
- Lease
- Yes
- Level
- Third
- Security Deposit
- Yes
- Monthly Rent
- 1700
- # Full Baths
- Yes
- # of Rooms
- 3
- # of Bedrooms
- Yes
- Dedicated Electric Meter
- Yes
- Dedicated Gas Meter
- No
- Dedicated Water Heater
- Yes
- Electric
- Yes
- Heat
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Sewer
- Yes
- Water
- Yes
Utilities
- Utilities On
- Yes
Property Features
Site:
Level; Open; Sidewalks
Location:
Intown; Near Country Club; Near Golf Course; Near Shopping; Near Turnpike/Interstate; Suburban
Roads:
Paved; Public
Transportation:
Major Road Access; Near Airport; Public Transport Access
View:
Scenic
Style:
Victorian
Levels:
Three or More
Construction:
Wood Frame
Other Structures:
Shed(s)
Basement:
Full; Unfinished; Walk-Out Access
Basement Entry:
Doghouse; Interior
Foundation Materials:
Block; Granite
Exterior:
Vinyl Siding
Roof:
Pitched; Shingle
Heat System:
Heat Pump; Hot Water; Steam
Heat Fuel:
Oil
Water Heater:
Electric; Tank
Cooling:
Heat Pump
Floors:
Laminate; Tile; Vinyl; Wood
Window Features:
Double Pane Windows
Door Features:
Storm Door(s)
Amenities:
1st Floor Bedroom; Laundry - Hookup; Pantry; Shower; Storage
Patio and Porch Features:
Porch
Equipment:
Cable
Driveway:
Common; Paved
Parking:
5 - 10 Spaces; Off Street; On Site; Paved
Vehicle Storage:
2 Car; Detached
Restrictions:
Other Restrictions
Electric:
Circuit Breakers
Gas:
Natural - On Site
Sewer:
Public Sewer
Water:
Public
Documents
Listing Office:
Keller Williams Realty
Last Updated: October - 03 - 2026
Broker Attribution:
info@MaineDreamProperties.com
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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