207 236 6171   info@camdenre.com
  • PROPERTIES
  • BROKERS
  • BUYERS
  • SELLERS
  • RESOURCES
    • Community
    • Schools
    • To Do & See
    • Company Brochure
  • CONTACT US
  • CALL NOW 207 236 6171
  • properties
  • Brokers
  • Buyers
  • Sellers
  • Community
  • Schools
  • To Do & See
  • Company Brochure
  • CONTACT US
Refine Search
New Search
Map View
Saved Properties (0)
 


request more information

160 Washington Avenue

Portland

$1,495,000

beds   ·   5 baths   ·   4,732 sqft   ·   0.15 acres   ·   taxes: $11,167   ·   MLS#: 1622196

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.

MORE DETAILS

Structure

  • Electric : Circuit Breakers
  • Year Built : 1985
  • Style : Other, Colonial
  • Flooring : Vinyl, Laminate, Carpet
  • Garage Spaces : 0.00
  • Roof : Composition, Pitched, Shingle
  • Basement : Interior, Walk-Out Access, Finished, Full
  • Heating : Zoned, Hot Water, Forced Air, Baseboard
  • Cooling : None

Site

  • Water Source : Public
  • Utilities : Utilities On
  • Sewer : Public Sewer
  • Zoning : B2B
  • Road Surface Type : Paved
Listing provided by Spectrum Real Estate

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved.

Camden Real Estate participates in MREIS' Maine Internet Data Exchange (Maine IDX) program, allowing us to display other Maine IDX Participant's Listings. We have chosen, however, to limit the Listings shown on this page to only those Listings meeting the following criteria: listings in Maine only.


Virtual Tour

Email this property

* the email will include a link to this page.

Share this home:
© Camden Real Estate Company
43 Elm Street
Camden, Maine 04843
207.236.6171
info@camdenre.com
privacy policy
House Inn Logo House Inn Logo
43 Elm Street Camden, Maine 04843
207.236.6171     info@camdenre.com
   
© Camden Real Estate Company
House Inn Logo House Inn Logo
privacy policy