Well-maintained 2-unit on a corner lot in a highly convenient Portland location, offering the perfect opportunity for an owner-occupant looking to offset living expenses. Built in 1924, this property blends classic character with functional living, featuring bright, sun-filled interiors and over 2,100 square feet of space. The building offers a first-floor 2-bedroom unit and a spacious 3-bedroom unit that spans the second and third floors, complete with a dedicated dining room and a layout that lives much like a single-family home. This setup provides excellent flexibility to live comfortably in one unit while renting the other. Both units have separate utilities, making management simple and expenses easy to control. Situated on a corner lot, the property benefits from excellent natural light and a more open feel. Outside, you'll find yard space, a deck for relaxing or entertaining, and off-street parking, giving you the benefits of a single-family feel with added income potential. Located with easy access to I-295, I-95, and downtown Portland, as well as nearby shopping and restaurants, this is an ideal setup for someone looking to enjoy Portland living while having rental income help offset expenses.
Multi-familyProperty Type
1924Year Built
10,018 sq ftLot Size
$313Price/Sq.Ft.
1 spaceParking
Listed by Nicholas Siviski• Harborview Properties, Inc.
Bought with Briana Fecteau• Coldwell Banker Realty
Beautiful well maintained 2 unit, Shining hardwood floors, Updated kitchens and baths, New paint, Separate entrances and utilities, Landscaped yard with deck, new driveway, New Roof in 2010, 3 miles to intown Portland, close to turnpike/bus line.
MREIS #982896
Jul 5, 2010
Listed
$269,900
$127/sq ft
MREIS #965382
Mar 5, 2010
Listed
$279,000
$131/sq ft
MREIS #935720
Jun 2, 2009
Listed
$284,000
$134/sq ft
MREIS #935724
Jun 2, 2009
Listed
$68,900
$32/sq ft
MREIS #895850
Jun 4, 2008
Listed
$339,999
$160/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$5,908 (+4.2%)
$65,600 + $328,000
$393,600
2023
$5,672 (+5.9%)
$65,600 + $328,000
$393,600
2022
$5,357 (+4.8%)
$65,600 + $328,000
$393,600
2021
$5,113 (−6.6%)
$65,600 + $328,000
$393,600
2020
$5,473
$65,600 + $169,200
$234,800
2019
$5,473 (+3.7%)
$65,600 + $169,200
$234,800
2018
$5,278 (+3.8%)
$65,600 + $169,200
$234,800
2017
$5,083 (+2.5%)
$65,600 + $169,200
$234,800
2016
$4,957 (+2.3%)
$65,600 + $169,200
$234,800
2015
$4,844 (+3.2%)
$65,600 + $169,200
$234,800
2014
$4,696
$65,600 + $169,200
$234,800
Public record
Beds
5
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
10,019 Sq. Ft.
Year renovated
—
Sq. Ft.
2,122
Year built
1924
Style
Multi-Family (2-4 Unit)
County
Cumberland County
APN
949482
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
Property details
Parking
Parking Information
Parking Features: Paved, 1 - 4 Spaces, Off Street, Tandem
Interior
Bathroom Information
# of Baths (Full): 2
Basement Information
Basement Entry: Doghouse, Full, Unfinished
Interior Features
Interior Features: One-Floor Living, Storage
Window Features: Double-Pane Windows
Flooring: Vinyl, Wood
Other Equipment: Cable, Internet Access Available
Laundry Information
Laundry Features: Washer Hookup
Multi-Unit Information
# of Units Total: 2
# of 2 Bedroom Units: 1
# of 3 Bedroom Units: 1
Operating Expense: $7,640
Gross Income: $49,417
Unit 1 Information
# of Bedrooms: 3
Actual Rent: $2,132.25
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: No
Water: No
Unit 2 Information
# of Bedrooms: 2
Actual Rent: $1,985
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: No
Water: No
Exterior
Building Information
Construction Materials: Wood Frame, Vinyl Siding
Roof: Shingle
Structure Type: Duplex
Total Building Area (Sq. Ft.): 2,122
Exterior Features
Patio & Porch Features: Deck, Porch
Property Information
Year Built: 1924
Above-Grade Finished Area (Sq. Ft.): 2,122
Levels: Multi-Level
Green Energy Efficient: LED Light Fixtures
Lot Information
Lot Size (Sq. Ft.): $10,018.80
Lot Size (Acres): 0.23
Lot Size Source: Public Records
Lot Features: Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Corner Lot, Near Public Transit
Zoning: RN-1
Financial
Tax Information
Annual Tax Amount: $6,967
Tax Year: 2026
Utilities
Utility Information
Has Heating
Heating: Direct Vent Furnace
Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Public
Water Heater: Electric
Location
Location Information
Unparsed Address: 22 Bailey Avenue, Portland, ME 04103
Directions: Forest Ave to Bailey Avenue
Public facts
Beds: 5
Baths: 2.0
Sq. Ft.: 2,122
Stories: 2.0
Lot Size: 10,019 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1924
Year Renovated: —
County: Cumberland County
APN: 949482
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Gerald E Talbot Community School
Public PreK-5 • Assigned • 0.2mi
3/10
Lincoln Middle School
Public 6-8 • Assigned • 1.8mi
6/10
Casco Bay High School
Public 9-12 • Assigned • 0.8mi
5/10
Provided by GreatSchools
Historical weather
Portland, ME • 04103
Average low and high temperatures (°F)
30
16
33
15
44
28
53
37
64
48
76
57
81
63
78
58
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
This home ranks in the top 6% for direct sun exposure in Portland. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$703,000 – $851,000
Reach more buyers when you sell with Redfin. Plus, you'll save $7,400 in fees.