$1,150,000

481 Cumberland Avenue, Portland ME, 04101

Built in1866

Property size4,086 sqft

Property typeMulti-family

Courtesy of Vitalius Real Estate Group, LLC

Overview

Closed

Listed Aug 13, 2026

Updated 9 days ago

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.

Additional information

MLS^® ID: 1676051

Interior Features

Bathrooms: 5
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.11 Acres

Other Property Details

Taxes: $14,292
Tax Frequency: Annually
Pets Allowed: Yes

Listing Contact: 207-541-3755

Bought with Vitalius Real Estate Group, LLC and Listed by Briton Vitalius with Vitalius Real Estate Group, LLC 207-541-3755

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Data is refreshed every 3 hours. Listing last updated at 3:32 AM UTC, 10/16/2026