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About this home
Fantastic investment opportunity in Portland's desirable Back Cove neighborhood, just off Ocean Avenue. This well-maintained two-unit property features two bedrooms and one full bath in each unit, providing comfortable and functional living spaces. Separate utilities add convenience for both owners and tenants, while off-street parking is a valuable bonus in this sought-after location. Adding even more potential, the property includes a buildable lot, creating an exciting opportunity for future development, expansion, or additional investment. Ideally situated near Cheverus High School and the Roux Institute at Northeastern University, with convenient access to Back Cove, local trails, neighborhood amenities, downtown Portland, and all that the city has to enjoy. A unique opportunity combining income potential, future possibilities, and an exceptional Portland location.
Multi-familyProperty Type
1925Year Built
10,454 sq ftLot Size
$525Price/Sq.Ft.
1 spaceParking
Listed by Amanda Vigue• Waypoint Brokers Collective
Back Cove, located between the Back Cove shoreline and I-295, is a residential and waterfront Portland neighborhood with a 3.6-mile trail loop and broad bay views. The neighborhood’s character concentrates along Forest Avenue near Woodford Street, where corner markets, coffee counters, and long-running local eateries set a steady, everyday rhythm. Triple Espresso anchors the caffeine routine, while Woodford Food & Beverage and The Great Lost Bear serve as familiar gathering rooms. Housing leans toward early-20th-century capes and colonials, with pockets of mid-century apartments. The Back Cove Trail frames morning runs, stroller walks, and sunset laps. Tree-lined blocks meet working streets, giving the area a practical, lived-in feel.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Attic
Air radon mitigation system
Bedrooms
Two 2-bedroom units (one on the first level, one on the second level)
Bathrooms
Two full bathrooms total (each unit has one full bath)
Kitchen
Each unit includes a refrigerator
Laundry & utility
Washer hookup
Each unit has a dedicated water heater
Each unit has a dedicated electric meter and dedicated gas meter
Flooring
Vinyl flooring
Wood flooring
Heating & cooling
Steam heating
Exterior features
Near town location
Level lot
Paved road access
Home design
Duplex
Multi-level
Parking
Paved off-street parking with 1–4 spaces
Construction
Wood frame construction with aluminum siding
Stone and brick/mortar foundation
Shingle roof
Built in 1925
Utilities
Public water
Public sewer
Circuit breaker electrical service
Gas water heater
Utilities are on
Financial info
Gross income: $42,840
Operating expenses: $11,485
Actual rents: $1,870 (first-floor unit), $1,700 (second-floor unit)
Other
Zoning: RN-3
Electricity and solar
View estimated energy costs and solar savings for this home
Welcome home to this classic Back Cove 2 Unit situated on a beautiful double lot all within a short walk to Payson Park and Back Cove! Both units are spacious, well laid out 2 Bedroom 1 Bath units with original hardwood flooring and many period details intact. Conveniently located minutes to downtown and access to 295 for quick commuting.
Year
Property tax
Land + Additions
Assessment*
2024
$6,049 (+4.2%)
$63,200 + $339,800
$403,000
2023
$5,807 (+5.9%)
$63,200 + $339,800
$403,000
2022
$5,485 (+4.8%)
$63,200 + $339,800
$403,000
2021
$5,235 (+7.8%)
$63,200 + $339,800
$403,000
2020
$4,855
$63,200 + $145,100
$208,300
2019
$4,855 (+3.7%)
$63,200 + $145,100
$208,300
2018
$4,683 (+3.8%)
$63,200 + $145,100
$208,300
2017
$4,510 (+2.6%)
$63,200 + $145,100
$208,300
2016
$4,397 (+2.3%)
$63,200 + $145,100
$208,300
2015
$4,297 (+3.1%)
$63,200 + $145,100
$208,300
2014
$4,166
$63,200 + $145,100
$208,300
Public record
Public record
Zoning
Permits
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
5,227 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,808
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,808
Year built
1925
Style
Multi-Family (2-4 Unit)
County
Cumberland County
APN
120547
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
R3
Residential
To provide for medium-density residential development characterized by single-family homes on individual lots and also to provide for planned residential unit developments on substantially sized parcels.
Permitted uses
Include but are not limited to:
Housing-Single unit
Public service
Park & open space
Nov 10, 2022 • Final
Residential alterations (1 and 2 family)
Install new egress casement windows in bedrooms. Replace existing windows in the basement and stairwell.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 88° expected this year, 17 days in 30 years
6/10 Wind Factor
60% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Portland, ME • 04103
Average low and high temperatures (°F)
30
16
33
15
44
28
53
37
64
48
76
57
80
64
77
60
72
54
62
43
49
33
35
20
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 13 Wellington Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $750,000 and $1,150,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $750K to $1.1M.