Residential $ 559,000

48 Ashmont ST

Portland, ME 04103

  • 4 Beds
  • 1 Bath
    Full Baths: 1
  • 2,032 SqFt
  • 2,178 Lot Size
  • 1900 Year Built
At the base of Deering Highlands, blocks from Back Cove, and firmly in Portland's Oakdale neighborhood, this updated Victorian offers convenience, charm, and value. Many updates and upgrades—including extensive siding work, fresh exterior paint, and a newer roof—make it move-in ready. The remarkably affordable price also reflects the home's upside potential, as similar properties in the area have sold for 1M or more. Although just over 2,000 square feet, the layout lives large with plenty of space for friends, family, and work-from-home flexibility. Inside you'll find a south-facing mudroom/sunroom, eat-in kitchen, formal dining, side sunroom, and spacious living room. Upstairs are three bedrooms and a full bath, while the third floor adds two additional rooms—ideal for bedrooms, home office, or flex space. With a recently cleaned and serviced boiler, attached garage, and a low-maintenance yet enchanting yard and gardens, the appeal is apparent. Location is everything, and here you can walk to everything you need: from parks and playgrounds to eateries, education, and art galleries. Nearby are the University of Southern Maine's Portland Campus, UNE's Portland Campus, Deering Center schools, Ocean Avenue Elementary, and the forthcoming Roux Institute. Add in Back Cove Trail, Longfellow Park, and a host of other recreational areas to make this one of Portland's most complete neighborhoods. At this price point, the opportunity is truly rare—a chance to break into a coveted neighborhood with room to build equity. For buyers seeking a move-in ready home, those eager to roll up their sleeves for a massive equity boost, or even investors eyeing a potential flip, this property delivers.
Listed by Benchmark Real Estate

PROPERTY DETAIL

  • Key Details

    Property Type Residential

    Sub Type Single Family Residence

    Listing Status Active

    Square Footage 2, 032 sqft

    Price per Sqft $275

    MLS Listing ID 1637812

    Style Victorian

    Bedrooms 4

    Full Baths 1

    HOA Y/N No

    Abv Grd Liv Area 2,032

    Year Built 1900

    Annual Tax Amount $6,971

    Tax Year 2024

    Lot Size 2,178 Sqft

    Acres 0.05

    Property Sub-Type Single Family Residence

    Source Maine Listings

    Land Area 2032

  • Location

    State ME

    County Cumberland

    Zoning RN-3

  • Rooms

    Basement Interior, Walk-Out Access, Brick/Mortar, Unfinished

    Primary Bedroom Level Second

    Master Bedroom Second

    Bedroom 3 Second

    Bedroom 4 Third

    Living Room First

    Dining Room First

    Kitchen First

  • Building

    Lot Description Well Landscaped, Corner Lot, Level, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Suburban, Near Public Transit, Near Railroad

    Foundation Block, Stone, Brick/Mortar

    Sewer Public Sewer

    Water Public

    Architectural Style Victorian

    Structure Type Wood Siding,Shingle Siding,Clapboard,Wood Frame

  • Interior

    Interior Features Bathtub, Other, Shower, Storage

    Heating Steam, Radiator

    Cooling None

    Flooring Wood, Tile, Carpet

    Equipment Internet Access Available

    Fireplace No

    Appliance Refrigerator, Electric Range, Dishwasher

    Laundry Washer Hookup

  • Exterior

    Parking Features 1 - 4 Spaces, Paved, On Site, Inside Entrance, Off Street

    Garage Spaces 1.0

    View Y/N No

    Roof Type Pitched,Shingle

    Porch Deck, Porch

    Garage Yes

  • Schools

    School District Portland Public Schools

  • Others

    Energy Description Gas Natural

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