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Colleen Lundgren, M.S.

colleen@colleenlundgren.com +1(207) 671-6026

Listed by Thomas Landry Benchmark Real Estate

$ 299,000

Est. payment | -/mo

3 Beds

1 Bath

1,121 SqFt

Save

$ 299,000

Est. payment | -/mo

Save

3 Beds

1 Bath

1,121 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,121 sqft

Price per Sqft $266

Subdivision Back Cove

MLS Listing ID 1678967

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1960

Tax Year 2026

Lot Size 0.360 Acres

Acres 0.36

Property Sub-Type Single Family Residence

Source Maine Listings

Land Area 1121

Property Description

OPPORTUNITY: $299,000! This is an almost unbelievable value in Portland's highly desirable Back Cove neighborhood. 150-154 Murray Street combines a single-family home and adjoining lot, creating a rare double-lot offering totaling just under .4 acres. At this price, the opportunity is extraordinary—the value of the two lots alone approaches the asking price. Renovate the existing home and build immediate equity, explore the potential of the adjoining lot, or create a generous in-town property with exceptional outdoor space and room to grow. LOCATION: Tucked away on a quiet dead-end street, the setting feels peaceful and removed while everything is remarkably close. Walk to Monte's Fine Foods and Tipo, with The Roux Institute, Woodfords Corner and its shops and restaurants just minutes away. Downtown Portland is also only minutes from your door. Add in that the home is walkable to Ocean Elementary and Cheverus High School for a location that can't be beat. RECREATION: Payson Park and Portland Trails are nearby, offering year-round recreation from trail running and mountain biking to tennis, pickle ball, baseball and more. VALUE: This is a rare opportunity for someone ready to roll up their sleeves, an investor looking for a value-add project, or a buyer seeking land, flexibility and tremendous upside in Portland. Property is being sold AS IS. GROUP SHOWINGS ONLY: Friday, September 4; Saturday, September 5; and Tuesday, September 8, from 10-12. Offers due Wednesday, September 9, at 5:00.

Location

State ME

County Cumberland

Community Back Cove

Zoning R3

Direction Forest Ave or Washington Ave, to Ocean Ave, to Murray Street (close to Ocean Elementary, Cheverus, and Payson Park)

Rooms

Basement Interior Entry, Finished, Full, Unfinished

Interior

Interior Features 1st Floor Bedroom, Bathtub, Storage

Heating Oil, Baseboard, Hot Water, Wood Stove

Cooling None

Flooring Tile, Wood

Fireplace No

Appliance Dishwasher, Microwave, Electric Range, Refrigerator

Laundry Washer Hookup

Exterior

Parking Features Paved, 5 - 10 Spaces, On Site, Detached

Garage Spaces 2.0

Waterfront Description Nearby,Public

Roof Type Pitched,Shingle

Porch Deck

Garage Yes

Building

Lot Description Interior Lot, Intown, Near Country Club, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Suburban, Near Railroad, Rolling Slope, Wooded, Near Public Transit

Foundation Poured Concrete

Water Public

Architectural Style Ranch

Schools

School District Portland Public Schools

Others

Tax ID PTLD-000161-A000021-000001

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(207) 671-6026

colleen@colleenlundgren.com

63 Federal St, Portland, ME 04101, USA

150-154 Murray ST Portland, ME 04103