$399,000
 $2,142 est/mo Sourced by Back At You

33 Prospect Street,Portland, ME 04103

Portland, ME 04103

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Description

Attention contractors and investors--this two-unit property offers a prime opportunity to bring new life to a solid structure. While the home has experienced a period of neglect and requires significant renovation, the underlying bones are worth the effort. The front unit features a fireplace, adding character and future appeal once restored. Ideally located with convenient access to shopping, major roadways, and just minutes to downtown Portland, as well as UNE on Stevens Ave and USM on Forest Ave, this property sits in a highly desirable and accessible area. Positioned adjacent to railroad tracks, the setting may appeal to buyers seeking value and upside potential. Property is being sold as-is and is subject to short sale approval. Seller has no funds available for repairs or to contribute toward buyer closing costs or other concessions. Bring your vision and unlock the possibilities--this is a project with strong investment potential in a sought-after location.

Details

MLS #1659527
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1883
Days On Site149
Listing Provided ByColdwell Banker Realty | Dana Earls

Features

Bath(s) 4 Total
SQ Feet1,681
BasementY
Story(s)2
Units2
ZoningRN-3
Acreage0.15

Interior

Heating Yes / NoYes
Cooling Yes / NoNo
CoolingNone
Fireplaces Total1
Fireplace Yes / NoYes
FurnishedUnfurnished

Exterior

RoofShingle
Foundation DetailsPoured Concrete, Brick/Mortar
Lot FeaturesNear Public Transit
Construction MaterialsWood Frame, Shingle Siding
Exterior Co ExteriorShingle Siding

Parking

Attached Garage Yes / NoNo
Garage Yes / NoNo
Parking FeaturesPaved, 1 - 4 Spaces

Utilities

SewerPublic Sewer
ElectricCircuit Breakers

Taxes

Tax Annual Amount4968
Tax Book Number14753
Tax Year2025
Tax Lot07
Tax Map Number124

Area Information

StateME
CountyCumberland
CityPortland
Zip Code04103
AreaCumberland
Listing VS Median (in 04103)
Price:
$399,000
low | high
Med:
$649,900
12.882205513784% of Average
sqft:
1,681
low | high
Med:
2,543
2% of Average
$ / sqft:
$237
low | high
Med:
$256
42.32993021287% of Average
On site:
149
low | high
Med:
146
100% of Average
Sourced by Back At You

Market Activity 04103

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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.

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Learn More About This Property

StateME
CountyCumberland
CityPortland
Zip Code04103
AreaCumberland
Listing VS Median (in 04103)
Price:
$399,000
low | high
Med:
$649,900
12.882205513784% of Average
sqft:
1,681
low | high
Med:
2,543
2% of Average
$ / sqft:
$237
low | high
Med:
$256
42.32993021287% of Average
On site:
149
low | high
Med:
146
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $299K - $498K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
83 Noyes Street Property Photo 1
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245 Brighton Avenue 2 Property Photo 1
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245 Brighton Avenue 2
Portland, ME 04102
48 Belmont Street Property Photo 1
$695,000
48 Belmont Street
Portland, ME 04101
Listing Updated: May 21, 2026 at 5:56:44 PM PDT
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