481 Cumberland Avenue, Portland, ME 04101 (MLS # 1676051)
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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.
| LAST UPDATED | 8/13/2026 | YEAR BUILT | 1866 |
|---|---|---|---|
| COUNTY | Cumberland | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| BASEMENT | Full, Interior Entry, Unfinished, Yes |
| CONSTRUCTION | Brick |
| HEAT | Oil, Radiant, Steam, Zoned |
| LOT | 4792 sq ft |
| LOT DESCRIPTION | Level, Near Public Transit, Open Lot |
| LOT DIMENSIONS | 0.11 |
| MLS STATUS | Active |
| PARKING | Gravel, On Site, Off Street |
| SEWER | Public Sewer |
| STYLE | Other |
| TAXES | 14292 |
| UTILITIES | Natural Gas Not Available |
| WATER | Public |
TOTAL MONTHLY PAYMENT
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