1041 Ocean Avenue, Portland, ME, 04103
About This Home
Hard-to-find property featuring industrial zoning with broad potential applications. This property would also serve as an excellent development site for either commercial or residential. This well maintained single-family home includes a detached commercial garage with a large finished upper-level space complete with multiple bedrooms and bathrooms, a kitchen and open living room. This space is currently not permitted as a legal unit. Conveniently located just minutes from I-295, offering easy access for commuters, contractors or business owners alike. Relocate or establish your business here or bring your vision to this site!
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1938
Materials
- Foundation: Poured Concrete
- Roof: Shingle
- Construction materials: Wood Frame,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Electric Range,Refrigerator
Basement
- Has basement: Yes
- Basement: Interior Entry,Full
Bedroom1
- Level: First
Bedroom2
- Level: Second
Bedroom3
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Dining Room
- Level: First
Features
- 1st Floor Bedroom
- Flooring: Tile,Bamboo
- Finished area below ground: 0
- Finished area above ground: 1,038
Heating & Cooling
- Heating features: Baseboard,Hot Water
- Cooling features: None
Interior Area
- Total structure area: 1,038
- Total interior livable area: 1,038 sqft
Kitchen
- Level: First
Living Room
- Level: First
Property
Details
- Parcel number: PTLDM415BB002001
- Zoning: I-M
Features
- Levels: Multi/Split
- Patio & porch: Deck
Lot
- Lot size: 0.54 Acres
- Features: Near Town,Level
Parking
- Total spaces: 3
- Parking features: Paved,11 - 20 Spaces,On Site
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
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
- Ice Storm
- Coastal Flooding
- Hurricane
- Lightning
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Maine Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,545 | $54,540 |
| Home Insurance | $207 | $2,484 |
| Property Taxes | $1,064 | $12,768 |
| Electricity | $244 | $2,930 |
| Total | $6,060 | $72,720 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-11 | Listed for sale | $1,149,000 |
| 2011-08-05 | Listing removed | $244,900 |
| 2011-06-30 | Price change | $244,900 |
| 2011-01-29 | Price change | $249,000 |
| 2010-11-20 | Price change | $289,900 |
| 2010-08-01 | Price change | $299,900 |
| 2010-07-10 | Price change | $304,900 |
| 2010-05-24 | Listed for sale | $314,900 |
For Sale by Agent
View on Zillow