Off market apr 2025 for $575K

$770,254

•

2,550

sq ft

581 Washington Ave, Portland, ME 04103

About this home

Welcome to this multi-unit opportunity in the town of Portland. Featuring 2 brightly lit units each offering a kitchen, dining room, living room, 3 bedrooms and 1 full bath. Upstairs in the second unit you will find an additional office room that can be used as a bedroom providing ample space for guests or a home office. 581 Washington Ave is set on . 11 acres with a sun filled back yard, and offers additional storage space for each unit. Located minutes from the excitement of Down Town Portland and I-295 this location offers convenient living or investment opportunities for those seeking rental income.

Multi-familyProperty Type

1900Year Built

4,791 sq ftLot Size

$302Est. Price/Sq.Ft.

6 spacesParking

Listed by David Banks • RE/MAX By The Bay

Bought with Kellie Peters • Reilly Real Estate

Redfin checked: a minute ago

•Source:MREIS #1615809

Redfin Estimate

$770,254

$195K since sold in April 2025$23K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 4.7% lower than the average sale price ($808K) of 6 comparable homes.

SOLD MAY 11, 2026
$905,000
A
5 beds2 baths2,678 sq ft
71 Melbourne St, Portland, ME 04101
SOLD SEP 9, 2026
$800,000
B
6 beds2 baths2,896 sq ft
22 Hawthorne St, Portland, ME 04103
SOLD SEP 9, 2026
$839,000
C
5 beds3 baths2,705 sq ft
20 Sawyer St, Portland, ME 04103
SOLD SEP 25, 2026
$880,000
D
4 beds2 baths2,798 sq ft
27 Norwood St, Portland, ME 04103
SOLD JUN 12, 2026
$525,000
E
3 beds1.5 baths1,366 sq ft
3 Jordan St, Portland, ME 04103
SOLD AUG 31, 2026
$900,000
F
5 beds2 baths2,208 sq ft
29 North St, Portland, ME 04101

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Earn from this home

Sell

$276,957

Est. take-home

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Market trends in 04103, ME

Last updated September 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

NEW 28 HRS AGO
$475,000
3 beds1 bath967 sq ft
193 Warren Ave, Portland, ME 04103
$600,000
3 beds2.5 baths1,372 sq ft
64 Regan Ln, Portland, ME 04103
FOR SALE BY OWNER
$520,000
4 beds1 bath1,626 sq ft
110 E Commonwealth Dr, Portland, ME 04103
$499,000
2 beds2 baths1,842 sq ft
79 Stuart St, Portland, ME 04103
$699,000
4 beds1.5 baths2,198 sq ft
10 Ohio St, Portland, ME 04103
3D WALKTHROUGH
$659,900
3 beds2.5 baths2,269 sq ft
75 Crestview Dr, Portland, ME 04103
$679,000
3 beds1.5 baths1,861 sq ft
26 Adelaide St, Portland, ME 04103
$899,000
4 beds4 baths2,556 sq ft
67 Brentwood St, Portland, ME 04103
$785,000
4 beds1.5 baths1,994 sq ft
73 William St, Portland, ME 04103
$529,000
4 beds2.5 baths1,800 sq ft
120 Summit St, Portland, ME 04103
See all

Provided by Redfin

Sale history for 581 Washington Ave

Year

Property tax

Land + Additions

Assessment*

2024

$6,192 (+4.2%)

$52,400 + $360,100

$412,500

2023

$5,944 (+5.9%)

$52,400 + $360,100

$412,500

2022

$5,614 (+4.8%)

$52,400 + $360,100

$412,500

2021

$5,358 (−4.9%)

$52,400 + $360,100

$412,500

2020

$5,634

$65,500 + $176,200

$241,700

2019

$5,634 (+3.7%)

$65,500 + $176,200

$241,700

2018

$5,433 (+3.8%)

$65,500 + $176,200

$241,700

2017

$5,233 (+2.6%)

$65,500 + $176,200

$241,700

2016

$5,102 (+2.3%)

$65,500 + $176,200

$241,700

2015

$4,986 (+3.1%)

$65,500 + $176,200

$241,700

2014

$4,834

$65,500 + $176,200

$241,700

Tax history for 581 Washington Ave

Year

Property tax

Land + Additions

Assessment*

2024

$6,192 (+4.2%)

$52,400 + $360,100

$412,500

2023

$5,944 (+5.9%)

$52,400 + $360,100

$412,500

2022

$5,614 (+4.8%)

$52,400 + $360,100

$412,500

2021

$5,358 (−4.9%)

$52,400 + $360,100

$412,500

2020

$5,634

$65,500 + $176,200

$241,700

2019

$5,634 (+3.7%)

$65,500 + $176,200

$241,700

2018

$5,433 (+3.8%)

$65,500 + $176,200

$241,700

2017

$5,233 (+2.6%)

$65,500 + $176,200

$241,700

2016

$5,102 (+2.3%)

$65,500 + $176,200

$241,700

2015

$4,986 (+3.1%)

$65,500 + $176,200

$241,700

2014

$4,834

$65,500 + $176,200

$241,700

*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

4,791

Year renovated

—

Sq. Ft.

2,550

Year built

1900

Style

Multi-Family (2-4 Unit)

County

Cumberland County

APN

132281

Parking Spaces

Basement

Yes

Accessible

HOA Dues

—

Garage

Features

—

Last updated by owner on Apr 15, 2026.

Residential

To provide appropriate areas of the city for medium-density residential development characterized by singlefamily, two-family and low-intensity multifamily dwellings on individual lots; to ensure the stability of established medium-density neighborhoods by controlling residential conversions; and to provide for planned residential unit development on substantially-sized parcels.

Property details

Parking

Parking Information
Parking Features: 1 - 4 Spaces, 5 - 10 Spaces, Paved, On Site, On Street

Interior

Bathroom Information
# of Baths (Full): 2

Basement Information
Basement Entry: Interior, Full, Sump Pump, Unfinished

Interior Features
Interior Features: Shower, Storage
Flooring: Wood, Tile

Laundry Information
Laundry Features: 1st Floor Laundry, Upper Level, Main Level, Washer Hookup

Multi-Unit Information
# of Units Total: 2
# of 3 Bedroom Units: 2
Operating Expense: $1,440
Gross Income: $17,400

Unit 1 Information
# of Bedrooms: 3
Actual Rent: $1,450
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2 Information
# of Bedrooms: 3
Dedicated Gas Meter: Yes
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes

Exterior

Building Information
Construction Materials: Vinyl Siding, Wood Frame
Foundation Details: Concrete Perimeter
Roof: Shingle
Structure Type: Duplex
Total Stories: 2
Total Building Area (Sq. Ft.): 2,550

Property Information
Year Built: 1900
Above-Grade Finished Area (Sq. Ft.): 2,550
Levels: Multi-Level

Lot Information
Lot Size (Sq. Ft.): $4,791.60
Lot Size (Acres): 0.11
Lot Size Source: Public Records
Lot Features: Well Landscaped, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Near Public Transit
Road Surface Type: Paved
Zoning: R5

Financial

Tax Information
Annual Tax Amount: $5,853.90
Tax Year: 2025

Utilities

Utility Information
Has Heating
Heating: Hot Water, Baseboard
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities On: No
Water Source: Public
Water Heater: Off Heating System

Location

Location Information
Unparsed Address: 581 Washington Avenue, Portland, ME 04103
Directions: Head northwest on Washington Ave toward Galvin St. Destination is on the right.

Public facts

Beds: 6
Baths: 2.0
Sq. Ft.: 2,550
Stories: 2.0
Parking Spaces: 6
Basement: Yes
Accessible: No
Lot Size: 4,791 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: Cumberland County
APN: 132281
HOA Dues: —
Garage: No
Features: —

Home facts updated by owner on Apr 15, 2026

Around this home

Schools

Presumpscot School

Public PreK-5 • Assigned • 0.1mi

5/10

Lyman Moore Middle School

Public 6-8 • Assigned • 2.2mi

4/10

Deering High School

Public 9-12 • Assigned • 1.9mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

4/10 Flood Factor

Estimated 10-16% chance 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 87° expected this year, 17 days in 30 years

6/10 Wind Factor

64% 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

$732,000 – $886,000

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New listings for sale in 04103

NEW 28 HRS AGO

$475,000

3 beds1 bath967 sq ft

193 Warren Ave, Portland, ME 04103

$600,000

3 beds2.5 baths1,372 sq ft

64 Regan Ln, Portland, ME 04103

FOR SALE BY OWNER

$520,000

4 beds1 bath1,626 sq ft

110 E Commonwealth Dr, Portland, ME 04103

$499,000

2 beds2 baths1,842 sq ft

79 Stuart St, Portland, ME 04103

$699,000

4 beds1.5 baths2,198 sq ft

10 Ohio St, Portland, ME 04103

3D WALKTHROUGH

$659,900

3 beds2.5 baths2,269 sq ft

75 Crestview Dr, Portland, ME 04103

$679,000

3 beds1.5 baths1,861 sq ft

26 Adelaide St, Portland, ME 04103

$899,000

4 beds4 baths2,556 sq ft

67 Brentwood St, Portland, ME 04103

$785,000

4 beds1.5 baths1,994 sq ft

73 William St, Portland, ME 04103

Home values near 581 Washington Ave

Data from public records.

Address	Redfin Estimate
594 Washington Ave, Portland, ME 6 Beds \| 2 Baths \| 2922 Sq. Ft.	$699,297
568 Washington Ave, Portland, ME 4 Beds \| 2 Baths \| 2559 Sq. Ft.	$630,123

Address	Redfin Estimate
576 Washington Ave, Portland, ME 12 Beds \| 6 Baths \| 7544 Sq. Ft.	—
583 Washington Ave, Portland, ME 9 Beds \| 1 Baths \| 4107 Sq. Ft.	$911,070

Address	Redfin Estimate
572 Washington Ave, Portland, ME 3 Beds \| 1 Baths \| 1620 Sq. Ft.	$459,934
593 Washington Ave, Portland, ME 7 Beds \| 3 Baths \| 3644 Sq. Ft.	$919,352

Property information provided by MREIS when last listed in 2025. This data may not show owner updates. Learn more.

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