About this home
Positioned on Portland's rapidly evolving Washington Avenue corridor, this property offers a rare opportunity to own a 2-unit residential building and valuable off-street parking just a stone's throw from the Roux Institute campus. Investors and owner-occupants alike will appreciate the flexibility of the layout, the strong visibility and accessibility of the location, and the long-term upside. With close proximity to downtown, Back Cove, restaurants, breweries, and I-295, this property is ideally situated to benefit from the continued growth and energy surrounding the East Deering and Bayside neighborhoods.
Listing last checked: Listing updated:
Listed by Listing Agent · Vitalius Real Estate Group, LLC · MLS #1662685
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Details at a glance
Interior3 property facts
- Heating
- Oil, Baseboard
- Cooling
- None
- Flooring
- Wood
Building3 property facts
- Style
- Other
- Year built
- 1935
- Roof
- Flat, Shingle
Land & utilities4 property facts
- Lot size
- 0.16 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- B-2B
Financial2 property facts
- Annual taxes
- $5,228
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $480,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$2,863 / monthAdjust
- Principal & interest
- $2,427
- Property tax
- $436
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $5,228. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 526 Washington Avenue
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Request a tour of 526 Washington Avenue and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
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