311 Ocean Street

South Portland, ME 04106
Baths
4
Square Ft.
3,996
$895,000
DON'T MISS OUT on this incredible opportunity! Priced to sell as-is with expansion potential in one of South Portland's most desirable locations. This iconic 4-unit property delivers versatility for investors, multi-generational living, or anyone seeking a flexible home-based business setup. Originally built in 1900, this late-19th-century New Englander blends Colonial Revival character with timeless craftsmanship and period details throughout. Rich woodwork, hardwood floors, stained-glass accents, built-ins, and high ceilings create an atmosphere filled with warmth and charm. The property features four distinct spaces, including three spacious residential units — a first-floor 3 BR, two upper-level 2 BR units — and a dedicated home-occupancy suite once used as a pet-grooming business, perfect for a salon, studio, or office. A handsome fireplace, wrap-around enclosed porch, and large sun-filled rooms add to its appeal. An attached barn with loft and one-car garage offers incredible versatility, ideal for storage, a workshop, or potential in-law/ADU conversion. Set on a beautifully landscaped .84-acre corner lot with mature trees, gardens, and a tranquil stream, there may also be potential for a buildable lot (buyer to verify). Located minutes from Downtown Portland, Willard Beach, Bug Light Park, Spring Point Lighthouse, and Southern Maine CommunityRead MoreRead Less
Market LogoCourtesy of EXP Realty 888-439-8743
Listing Snapshot
Days Online
108
Last Updated
Full Baths
4
Square Ft.
3,996
Lot Size
0.84 Acres
Year Built
1900
MLS Number
1643403
Additional Details
Property
Zoning: R-AA, Occupant Type: "Owner", Other Structures: "Shed(s)", "Barn(s)", Parcel Number: SPOR-000019-000000-000047, View: "Trees/Woods", "Scenic"
Property Access
Road Surface Type: "Paved"
Basement
Basement: "Interior", "Full", "Bulkhead", "Unfinished"
Building
Architectural Style: "New Englander", Building Area Total: 3,996, Construction Materials: "Wood Siding", "Shingle Siding", "Clapboard", "Wood Frame", Number Of Units Total: 4, Year Built: 1900, 3 stories, 3 total stories
Cooling
Cooling: "None"
Expenses
Operating Expense: $0
Exterior Features
Patio And Porch Features: "Glass Enclosed", "Porch", Patio And Porch Features: "Glass Enclosed", "Porch"
Fence
Fencing: "Fenced"
Fireplaces
Building includes fireplace, 1 total fireplace
Floors
Flooring: "Wood", "Carpet"
Foundation
Foundation Details: "Stone"
Garage
Attached Garage, Garage Included, 1 garage space
Heating
Heating: "Zoned", "Steam", "Radiator", "Hot Water", Heating Included
Income
Gross Income: $0
Interior Features
Features: "1st Floor Bedroom", "Bathtub", "Other", "Pantry", "Shower", "Storage"
Lot
Features: "Well Landscaped", "Open", "Corner Lot", "Level", "Sidewalks", "Wooded", "Intown", "Near Golf Course", "Near Public Beach", "Near Shopping", "Near Turnpike/Interstate", "Near Public Transit", "Near Railroad", 0.84 acres, Area: 0.84, 36,590 square feet
Parking
Features: "5 - 10 Spaces", "Paved", "On Site"
Pets Policy
Pets Allowed: "No Restrictions"
Roof
Roof: "Composition", "Fiberglass", "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: $10,355, Tax Lot: 47
Utilities
Electric: "Circuit Breakers", Water Source: "Public"
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SOurce: Home Junction
Monthly Payment
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30 Days Snapshot Of 04106
$584k
-3%
(avg) sold price
18
+20%
homes sold
40
-27%
(avg) days on market
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Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.