381 Deering Ave

Portland, ME 04103
  • $1,349,000

    Price
  • 7

    Bed
  • 5

    Bath
  • 5,003

    SqFt

About the Listing 3311 - 011156

Exceptional opportunity to own a gorgeous home with bonus unit in the heart of Portland's sought-after Oakdale neighborhood. Offering over 5,000 square feet across three finished levels, this expansive property seamlessly blends historic character with modern amenities and significant systems updates, creating a rare investment or owner-occupant opportunity. With two spacious residences offering excellent rental income potential, this property provides exceptional flexibility for investors, multigenerational living, or those looking to offset their mortgage while enjoying one of Portland's most desirable neighborhoods. The first-floor residence features three bedrooms, one and a half baths, a generous living room, formal dining room, spacious bedrooms, and a bright bonus sunroom. Occupying the second and third floors, the upper residence lives like a single-family home with a spacious living area, formal dining room, updated kitchen, four generously sized bedrooms, the potential to finish a fifth bedroom, and three inviting sun porches that provide flexible space for relaxing or working from home. Throughout the home, beautifully restored original trim, built-ins, hardwood floors, and timeless architectural details showcase its historic charm, while thoughtful updates to the property's major systems provide peace of mind. Whether you're seeking strong rental income, multi-generational living, or the chance to owner-occupy one of Portland's most impressive two-unit homes, this property offers exceptional space, flexibility, and long-term value in one of the city's most charming neighborhoods.

Listing Highlights

Status Active
Days on Site 20
Property Type Residential
MLS ® 1675911
Year Built 1925
Total Square Footage 5,003
Lot/Acreage 0.15
County Cumberland
School District Portland Public Schools

Interior Details

  • Bedrooms: 7
  • Bathrooms: 3 Full / 2 Half
  • Appliances:
  • Air Cond:
  • Heating: Gas Natural,Hot Water,Radiant,Radiator
  • Fireplaces: 3
  • Floor: Tile,Wood
  • Above Ground Sq Ft: 5003
  • Below Ground Sq Ft: 0
  • Basement: Doghouse,Interior Entry,Walk-Out Access,Full,Unfinished
  • Other: 1st Floor Bedroom,Attic,Bathtub,In-Law Floorplan,Pantry,Shower,Storage
  • Water: Public

Exterior Details

  • Lot Description: Intown,Near Public Beach,Near Shopping,Near Town,Neighborhood,Corner Lot,Level,Sidewalks,Near Public Transit
  • Garage Capacity: 2 car
  • Zoning: RN3
  • Roof: Rolled/Hot Mop,Shingle
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Paved,5 - 10 Spaces,On Site,Off Street,Inside Entrance,Tandem

Financial Details

  • Tax Amount: $13,436
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 118 A017001
  • Tax Year: 2026

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381 Deering Ave Portland, ME 04103

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Originating MLS: Maine Listings

Market Insight Calculations, School and Neighborhood Information provided by Blueroof 360
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Dominik Porobic

| Dominik Porobic | Portland, ME Realtor | Keller Williams

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