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3 Baths
3,948 sqft

$875,000

777 Forest Avenue, Portland ME, 04103

Built in1930
Property size3,948 sqft
Property typeMulti-family
Courtesy of F.O. Bailey Real Estate

Overview

Active

Listed Apr 2, 2026

Updated Jun 1

Mixed-use property offering both residential and commercial income potential in a highly visible Forest Ave location. Property includes a ground-level retail space with established tenant and a spacious, renovated two-level 5-bedroom residential unit. The residential unit offers strong rental potential, making this an attractive opportunity for investors or owner-occupants. Off-street parking and flexible layout add to the property's appeal. The building is equipped with natural gas heating, updated hot water heater, and a commercial-grade fire alarm and sprinkler system. Ideal for those seeking rental income, a live/work setup, or long-term investment in a prime Portland location. Also listed as Commercial MLS #1655962

$5,821/mo

Est. mortgage payment based on a $875,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1656222

Interior Features

Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$7,910
Tax Frequency
Annually
MLS provider logo

Listing Contact: 207-450-8124

Listed by Hoang Nguyen with F.O. Bailey Real Estate 207-450-8124

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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Waypoint Brokers Collective shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data is refreshed every 3 hours. Listing last updated at 8:14 PM UTC, 6/1/2026

 

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