For Sale Multi-Family MLS# 1679908

16 Montrose Avenue

Portland, ME 04103

$1,195,000

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Listing Office

Officemaine_real_estate_information_system_inc_statewide_mls logoMaine Community Real Estate

About 16 Montrose Avenue

Exceptional opportunity in Portland's desirable Rosemont neighborhood! 14-16 Montrose Avenue offers three spacious residential units, numerous updates, a detached 3-car garage and a location that continues to make this neighborhood one of Portland's most sought-after residential areas. Each of the three units offers generous living space, creating an attractive opportunity for investors as well as an owner-occupant looking to combine comfortable living with rental income. Numerous improvements have been completed throughout the property, while the detached three-car garage provides valuable parking and storage rarely found with Portland multi-units. Adding another interesting dimension, the property's deed describes the premises as two lots within the historic Rosemont subdivision, and City parcel mapping depicts two underlying parcels. The existing 3-unit and detached garage are situated on opposite parcels. This configuration may offer intriguing future possibilities for a buyer willing to explore the property's development potential with the City of Portland. A rare combination of three substantial units, a 3-car garage, desirable neighborhood setting and potential future upside—all just minutes from downtown Portland. Development potential has not been approved or confirmed. Buyers are responsible for independently verifying permitted uses and development potential with the City of Portland.

Property details

Property

Type
multi
Year built
1885
Living area
4,410 sqft
Price / sqft
$271
Lot
0.22 ac
List date
Sep 9, 2026

Schools

District
Portland

Location

Subdivision
Rosemont
Neighborhood
Rosemont

Location

Neighborhood
Rosemont
School district
Portland

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Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.