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USAMEPortlandMunjoy Hill160 Washington Avenue
160 Washington Avenue, Home with 0 bedrooms, 5 bathrooms and null parking in Portland ME | Image 1
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$1,495,000

160 Washington Avenue, Portland, ME

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage No
Maintenance Fees 
Taxes $11,167
Days Active 125
Approx. Age 1985
MLS® Number 1622196

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey 5-Unit Investment in Prime Munjoy Hill Location! Seasoned investors know the value of location, layout, and low-maintenance assets—this property checks all the boxes. Situated at the base of Munjoy Hill, one of Portland's most desirable and appreciating neighborhoods, this well-maintained five-unit building offers a solid, income-generating opportunity. All five units are two-bedrooms, a consistently high-demand layout that attracts long-term tenants. Interiors are efficiently designed, with spacious living areas, functional kitchens, and ample natural light—units that rent easily and retain well. The building has been well cared for, minimizing deferred maintenance and immediate capex needs. Off-street parking adds a competitive edge in this urban market, boosting tenant satisfaction and retention. The location is a key asset: walkable to local dining, coffee shops, artisan retail, and the Eastern Promenade. Public transportation access and proximity to downtown further broaden the tenant pool. This is an ideal opportunity for investors looking to expand or diversify with a plug-and-play multifamily in a high-demand submarket. Whether you're growing a portfolio or executing a 1031 exchange, this Munjoy Hill asset delivers dependable performance and long-term upside.Show Description
MLS® Number1622196
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelLaundry - Coin
Exposure
Exterior
GarageNo
Approx. Age1985
Stories3
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatZoned, Hot Water, Forced Air, Baseboard
A/CNone
Heating Fuel

Extras

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