OFF MARKET

Off market jun 2020 for $270K

$392,154

•

1,117

sq ft

38 Ocean Ave #2, Portland, ME 04103

About this home

You CAN afford to live in Portland! Nicely updated second floor 3 bedroom condo walking distance to Back Cove! Includes a garage, off street parking, basement storage, in-unit laundry room and private front porch. Freshly painted interior has high ceilings and large bay windows for abundant light, great floor plan with hardwood flooring throughout living space and bedrooms. Eat-in kitchen plus separate dining room with original built-ins. Everything you could want in a fantastic, walkable location!

CondoProperty Type

1912Year Built

4,791 sq ftLot Size

$351Est. Price/Sq.Ft.

1 car garageParking

Listed by Rachel Cooney • Portland's Choice Realty, LLC

Bought with Frank Barry Jr • RE/MAX Oceanside

Redfin checked: 2 minutes ago

•Source:MREIS #1451580

Redfin Estimate

$392,154

$122K since sold in June 2020$16K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 11.3% lower than the average sale price ($442K) of 6 comparable homes.

SOLD OCT 13, 2026
$470,000
A
3 beds1 bath1,140 sq ft
290 Baxter Blvd Unit E2, Portland, ME 04101
SOLD AUG 13, 2026
$435,000
B
2 beds1 bath1,127 sq ft
280 Concord St W #1, Portland, ME 04103
SOLD APR 30, 2026
$535,000
C
3 beds1 bath1,076 sq ft
71 Lawn Ave #2, Portland, ME 04103
SOLD SEP 23, 2026
$385,000
D
2 beds1 bath1,112 sq ft
180 High St #36, Portland, ME 04101
SOLD OCT 22, 2026
$349,000
E
1 bed1 bath1,075 sq ft
280 Concord St W #3, Portland, ME 04103
SOLD APR 15, 2026
$480,000
F
3 beds1 bath1,348 sq ft
65 Payson St #2, Portland, ME 04102

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Earn from this home

Sell

$178,560

Est. take-home

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Rent

$2,157/mo

Redfin rental estimate

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Market trends in 04103, ME

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

101.0%

1.6% MoM

Median sale price

$545K

$15K MoM

Avg. days on market

32d

18 days MoM

Recently sold homes

6 MoM

New listings for sale

OPEN TODAY, 11AM TO 1PM
$1,075,000
4 beds2 baths2,314 sq ft
41 William St, Portland, ME 04103
OPEN TODAY, 12PM TO 1PM
$799,000
4 beds3 baths2,928 sq ft
766 Ocean Ave, Portland, ME 04103
$1,495,000
6 beds3 baths7,008 sq ft
60 Rackleff St, Portland, ME 04103
OPEN SUN, 1:30PM TO 4PM
$795,000
3 beds1.5 baths2,006 sq ft
15 Cottage St, Portland, ME 04103
3D WALKTHROUGH
$600,000
3 beds2.5 baths1,685 sq ft
32 Kimberly Ct #4, Portland, ME 04103
$700,000
4 beds3 baths1,947 sq ft
26 Nicholas Ct #14, Portland, ME 04103
$759,000
7 beds3 baths3,716 sq ft
613 Washington Ave, Portland, ME 04103
$488,000
2 beds1.5 baths912 sq ft
66 Eighth St, Portland, ME 04103
3D WALKTHROUGH
$1,595,000
4 beds3.5 baths3,834 sq ft
140 Noyes St, Portland, ME 04103
$475,000
3 beds1 bath967 sq ft
193 Warren Ave, Portland, ME 04103
See all

Provided by Redfin

Sale history for 38 Ocean Ave #2

Year

Property tax

Land + Additions

Assessment*

2024

$3,817 (+4.2%)

$50,860 + $203,440

$254,300

2023

$3,664 (+5.9%)

$50,860 + $203,440

$254,300

2022

$3,461 (+4.8%)

$50,860 + $203,440

$254,300

2021

$3,303 (−20.4%)

$50,860 + $203,440

$254,300

2020

$4,149

$35,600 + $142,400

$178,000

2019

$4,149 (+3.7%)

$35,600 + $142,400

$178,000

2018

$4,001 (+3.8%)

$35,600 + $142,400

$178,000

2017

$3,854 (+2.6%)

$35,600 + $142,400

$178,000

2016

$3,758 (+2.3%)

$35,600 + $142,400

$178,000

2015

$3,672 (+3.1%)

$35,600 + $142,400

$178,000

2014

$3,560

$35,600 + $142,400

$178,000

Tax history for 38 Ocean Ave #2

Year

Property tax

Land + Additions

Assessment*

2024

$3,817 (+4.2%)

$50,860 + $203,440

$254,300

2023

$3,664 (+5.9%)

$50,860 + $203,440

$254,300

2022

$3,461 (+4.8%)

$50,860 + $203,440

$254,300

2021

$3,303 (−20.4%)

$50,860 + $203,440

$254,300

2020

$4,149

$35,600 + $142,400

$178,000

2019

$4,149 (+3.7%)

$35,600 + $142,400

$178,000

2018

$4,001 (+3.8%)

$35,600 + $142,400

$178,000

2017

$3,854 (+2.6%)

$35,600 + $142,400

$178,000

2016

$3,758 (+2.3%)

$35,600 + $142,400

$178,000

2015

$3,672 (+3.1%)

$35,600 + $142,400

$178,000

2014

$3,560

$35,600 + $142,400

$178,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

1,117

Year built

1912

Style

Condo/Co-op

County

Cumberland County

APN

515701

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

Community Business District

To provide appropriate locations for the development and operation of community centers offering a mixture of commercial uses, housing, and services serving the adjoining neighborhoods and the larger community. The variety, sites, and intensity of the permitted commercial uses in the B-2 zone are intended to be greater than those permitted in the B-1/B-1b zones. The zone provides a broad range of goods and services with a mixture of large and small buildings, such as grocery stores, shops and services located in major shopping centers and along arterial streets. Such establishments should be readily accessible by automobile, by pedestrians and by bicycle. Development in the B-2 zone should relate to the surrounding neighborhoods by design, orientation, and circulation patterns. The zone should provide locations for moderate to high-density housing in urban neighborhoods along arterials.

Permitted uses

Include but are not limited to:

Day care facility
General retail
Restaurant
Housing-Multiple units
Housing-Senior
Industrial
Hotel / motel
Mixed use
Office
Public service

Property details

Parking

Parking Information
Has Garage
# of Garage Spaces: 1
Parking Features: 1 - 4 Spaces, Paved, Common, On Site, Detached
Vehicle Storage: 1 Car, Detached

Interior

Virtual Tour

Bathroom Information
# of Baths (Full): 1

Room 1 Information
Type: Bedroom 3
Level: Second

Room 2 Information
Type: Dining Room
Level: Second

Room 3 Information
Type: Laundry
Level: Second

Room 4 Information
Type: Living Room
Level: Second

Room 5 Information
Type: Kitchen
Level: Second

Room 6 Information
Type: Bedroom 1
Level: Second

Room 7 Information
Type: Bedroom 2
Level: Second

Basement Information
Basement Entry: Interior, Full, Unfinished

Interior Features
# of Rooms: 7
Interior Features: Bathtub, Storage
Refrigerator, Microwave, Electric Range, Dishwasher
Flooring: Wood, Vinyl, Tile

Laundry Information
Laundry Features: Upper Level

Exterior

Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Stone
Roof: Flat, Membrane
Total Building Area (Sq. Ft.): 1,117
Building Area Source: Public Records

Exterior Features
Patio & Porch Features: Porch

Property Information
Property Sub Type: Condominium
Year Built: 1912
Above-Grade Finished Area (Sq. Ft.): 1,117
Levels: Multi-Level

Lot Information
Lot Size (Sq. Ft.): $4,791.60
Lot Size (Acres): 0.11
Lot Size Source: Public Records
Lot Features: Open, Level, Intown, Near Shopping
Road Surface Type: Paved
Zoning: R5/B2

Subdivision Information
Subdivision Name: Ocean Place Condominium Association

Financial

Tax Information
Annual Tax Amount: $4,149
Tax Year: 2019

Utilities

Utility Information
Has Heating
Heating: Steam
Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Public
Water Heater: Off Heating System, Tank

Location

Multi-Unit Information
# of Units in Community: 3

HOA Information
Has Association
Association Fee: $160
Association Fee Frequency: Monthly
Pets Allowed: 2 Pets, Size Limit

Location Information
Unparsed Address: 38 Ocean Avenue 2, Portland, ME 04103
Directions: Washington Ave to Ocean Ave, across from Codman

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,117
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1912
Year Renovated: —
County: Cumberland County
APN: 515701

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

K - 12
Preschool & daycare

Ocean Avenue School

Public K-5 • Assigned • 0.3mi

7/10

Lyman Moore Middle School

Public 6-8 • Assigned • 2.3mi

4/10

Deering High School

Public 9-12 • Assigned • 0.6mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.4 hours in June and 4.2 hours in December, placing it below the U.S. average for solar exposure.

8.4 hrs

4.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$373,000 – $451,000

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Home values near 38 Ocean Ave #2

Data from public records.

Address	Redfin Estimate
38 Ocean Ave Apt 3, Portland, ME 3 Beds \| 1 Baths \| 1108 Sq. Ft.	$399,660
44 Ocean Ave Apt 2, Portland, ME 2 Beds \| 1 Baths \| 1031 Sq. Ft.	$425,374
44 Ocean Ave Apt 3, Portland, ME 2 Beds \| 1 Baths \| 1194 Sq. Ft.	$446,776
44 Ocean Ave Apt 3, Portland, ME 2 Beds \| 1 Baths \| 1194 Sq. Ft.	$442,236
38 Ocean Ave Apt 1, Portland, ME 3 Beds \| 1 Baths \| 1186 Sq. Ft.	$471,211
10 Irving St, Portland, ME 4 Beds \| 2 Baths \| 2476 Sq. Ft.	$697,646
1 Codman St, Portland, ME 3 Beds \| 1.5 Baths \| 1659 Sq. Ft.	$751,635

Address	Redfin Estimate
38 Ocean Ave Apt 1, Portland, ME 3 Beds \| 1 Baths \| 1186 Sq. Ft.	$398,173
44 Ocean Ave Apt 3, Portland, ME 2 Beds \| 1 Baths \| 1194 Sq. Ft.	$412,460
44 Ocean Ave Apt 2, Portland, ME 2 Beds \| 1 Baths \| 1031 Sq. Ft.	$409,629
38 Ocean Ave Apt 3, Portland, ME 3 Beds \| 1 Baths \| 1108 Sq. Ft.	$429,982
10 Irving St, Portland, ME 4 Beds \| 2 Baths \| 2476 Sq. Ft.	$616,426
1 Codman St, Portland, ME 3 Beds \| 1.5 Baths \| 1659 Sq. Ft.	$733,368

Address	Redfin Estimate
44 Ocean Ave Apt 1, Portland, ME 2 Beds \| 1 Baths \| 1129 Sq. Ft.	$396,275
44 Ocean Ave Apt 1, Portland, ME 2 Beds \| 1 Baths \| 1129 Sq. Ft.	$430,580
44 Ocean Ave Apt 1, Portland, ME 2 Beds \| 1 Baths \| 1129 Sq. Ft.	$430,526
44 Ocean Ave Apt 2, Portland, ME 2 Beds \| 1 Baths \| 1031 Sq. Ft.	$407,649
1 Codman St, Portland, ME 3 Beds \| 1.5 Baths \| 1659 Sq. Ft.	$667,723
10 Irving St, Portland, ME 4 Beds \| 2 Baths \| 2476 Sq. Ft.	$673,231

Property information provided by MREIS when last listed in 2020. This data may not match . Learn more.

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