124 Ocean Avenue, Portland, ME 04103 (MLS # 1653541)
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Step into this classic 1826 home, beautifully set back from Ocean Avenue and surrounded by beautiful spring, summer, and fall gardens. Currently used as a 2 unit property, this house is easily envisioned as a single family home. Rich with character and history, this property offers a rare opportunity to own a piece of the past while bringing your own vision for thoughtful updates throughout. The home features a new high-efficiency boiler that heats the main house, along with the option to use a traditional wood/coal stove in the kitchen for supplemental warmth. An at-will tenant provides steady monthly income, offering flexibility for investors or owner-occupants alike. Recently pre-inspected for the buyer's convenience, the property has also been surveyed for three possible lots--presenting exciting potential for future expansion or investment. Ideally located close to Ocean Avenue Elementary School, popular local dining spots such as Tipo, Bayou Kitchen and neighborhood favorite Sammy's Scoops, you'll enjoy both tranquility and accessibility in one desirable setting. Enjoy the added benefit of being within walking distance to numerous nearby trails, perfect for hiking, biking, and exploring the outdoors. Whether you're seeking a charming primary residence or an investment opportunity, this historic home invites you to imagine the possibilities.
| LAST UPDATED | 3/6/2026 | TRACT | Back Cove |
|---|---|---|---|
| YEAR BUILT | 1826 | COMMUNITY | Back Cove |
| COUNTY | Cumberland | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Washer |
| BASEMENT | Full, Sump Pump, Unfinished, Walk-Out Access, Yes |
| CONSTRUCTION | Wood Siding |
| FIREPLACE | Yes |
| HEAT | Coal Stove, Hot Water, Radiant, Space Heater, Wood Stove |
| LOT | 0.45 acre(s) |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 0.45 |
| MLS STATUS | Active |
| PARKING | Other, On Site |
| SEWER | Public Sewer |
| STYLE | New Englander |
| SUBDIVISION | Back Cove |
| TAXES | 7500 |
| WATER | Public |
MORTGAGE CALCULATOR
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Listing provided by RE/MAX Shoreline
Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved.
Additional school data provided by Onboard Informatics © 2026 Onboard Informatics. Information deemed reliable but not guaranteed.
Mortgage Calculator provided by Diverse Solutions © 2026
IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2026.
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