See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1747 Forest Avenue, Portland, ME, 04103

4beds
2baths
1,840sqft
$665,000
$361price/sqft
$4,569/moest. monthly cost
$182,760/yrincome needed

About This Home

Opportunity is knocking at 1747 Forest Ave.! This well maintained 2 unit building has 2, 2bdrm,-1 bath units and is situated on a corner lot with a fenced-in back yard. Live in one unit and rent another or add this property to your rental portfolio! Off street parking and possibility for expansion of 3rd floor space (with town approval).

Getting Around

40
WalkingCar-Dependent
29
TransitSome Transit
49
BikeSomewhat Bikeable

Schools

6/10
Lincoln Middle SchoolGrades 6-81.8 mi
5/10
Casco Bay High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Shingle
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Cape Cod,New Englander
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Laminate,Vinyl,Wood
  • Finished area below ground: 0
  • Finished area above ground: 1,840

Heating & Cooling

  • Heating features: Hot Water
  • Cooling features: None

Interior Area

  • Total structure area: 1,840
  • Total interior livable area: 1,840 sqft

Property

Details

  • Parcel number: PTLDM309BA010001
  • Zoning: R3

Lot

  • Lot size: 10,454 sqft
  • Features: Near Shopping,Near Town,Near Railroad,Corner Lot,Open Lot

Parking

  • Parking features: Paved,1 - 4 Spaces,Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Ice Storm
    Ice StormRelatively High
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Ice Storm
Hurricane
Lightning
Strong Wind
Tsunami

FEMA Declared Disasters Across Maine Counties

Flood
Hurricane
Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,362$40,344
Home Insurance $153$1,836
Property Taxes $787$9,444
Electricity $267$3,209
Total$4,569$54,828

Income You'd Need if You Spent...

35% on housing$156,651/yr
40% on housing$137,070/yr
45% on housing$121,840/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.5%
9.5%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.2%
-0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$361This listing

vs Other Active Listings

Avg $/sqft

ZIP 04103$308
Cumberland County$368

vs Homes Sold Last Month

Median $/sqft

ZIP 04103$337
Cumberland County$317

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-21Listed for sale$665,000
2024-01-12Sold$590,000
2023-12-11Pending sale$625,000
2023-11-08Price change$625,000
2023-08-21Listed for sale$650,000
2023-08-14Pending sale$650,000
2023-07-25Listed for sale$650,000

For Sale by Agent

BrokerageBetter Homes & Gardens Real Estate/The Masiello Group

Similar Homes