22 Bailey Avenue, Portland, ME 04103

New Listing
$699,000
Property Type: Multi-Family Baths: 2 Square Footage: 2,122 Lot Size (sq. ft.): 10,019 Status: Active
Current Price: $699,000 List Date: 4/07/2026 Last Modified: 4/07/2026

Overview

Description

Well-maintained 2-unit on a corner lot in a highly convenient Portland location, offering the perfect opportunity for an owner-occupant looking to offset living expenses. Built in 1924, this property blends classic character with functional living, featuring bright, sun-filled interiors and over 2,100 square feet of space. The building offers a first-floor 2-bedroom unit and a spacious 3-bedroom unit that spans the second and third floors, complete with a dedicated dining room and a layout that lives much like a single-family home. This setup provides excellent flexibility to live comfortably in one unit while renting the other. Both units have separate utilities, making management simple and expenses easy to control. Situated on a corner lot, the property benefits from excellent natural light and a more open feel. Outside, you'll find yard space, a deck for relaxing or entertaining, and off-street parking, giving you the benefits of a single-family feel with added income potential. Located with easy access to I-295, I-95, and downtown Portland, as well as nearby shopping and restaurants, this is an ideal setup for someone looking to enjoy Portland living while having rental income help offset expenses.

Listing Details MLS# 1656843

Location Information

Street #
22
Street Name
Bailey
Street Type
Avenue
County
Cumberland
Town
Portland
State/Province
ME
Zip Code
04103
Zip +4
1421
Leased Land
No
Book
28605
Page
176
Map
332
Block
G
Lot
007
Zoning
RN-1
Zoning Overlay
Unknown
Association
No
Full Tax Amount $
6967
Tax Year
2026
Tree Growth Y/N
No

Contract Information

Original List Price
699000

Property Information

Surveyed
Unknown
Seasonal
No
Owner Occupied
No
Deed/Conveyance Type Offered
Warranty
Deed
All
Deed Restrictions
Unknown
Bank Owned REO
No
Number of Units
2
Total Baths
2
Total Full Baths
2
Color
White
Year Built
1924
SqFt Finished Above Grade
2122
SqFt Finished Total
2122
SqFt Source
Public Records
Garage
No
Lot Size Acres +/-
0.23
Source of Acreage
Public Records
Total Half Baths
0
SqFt Finished Below Grade
0

Water Info

Water Frontage
No
Water View
No

Building Info

# Heating Units
2
# Water Heaters
2

Units

# of 2 BD Units
Yes
# of 3 BD Units
Yes

More Information

Unit 1

Lease
No
Level
First
Security Deposit
No
Monthly Rent
1985
# Full Baths
Yes
# of Rooms
5
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
Yes
Dedicated Water Heater
Yes
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
No
Water
No

Unit 2

Lease
Yes
Level
Second
Security Deposit
Yes
Monthly Rent
2132.25
# Full Baths
Yes
# of Rooms
7
# of Bedrooms
3
Dedicated Electric Meter
Yes
Dedicated Gas Meter
Yes
Dedicated Water Heater
Yes
Electric
Yes
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
No
Water
No

Levels

Multi-Level
Yes

Site

Corner Lot
Yes
Well Landscaped
Yes

Location

Near Golf Course
Yes
Near Shopping
Yes
Near Town
Yes
Near Turnpike/Interstate
Yes

Roads

Public
Yes

Transportation

Public Transport Access
Yes

Style

Colonial
Yes

Construction

Wood Frame
Yes

Structure Type

Duplex
Yes

Basement

Full
Yes
Unfinished
Yes

Foundation Materials

Poured Concrete
Yes

Exterior

Vinyl Siding
Yes

Roof

Shingle
Yes

Heat System

Direct Vent Furnace
Yes

Energy Efficiency

LED Light Fixtures
Yes

Heat Fuel

Gas Natural
Yes

Income & Expenses

Gross Income
49417
Operating Expenses
7640

Cooling

None
Yes

Floors

Vinyl
Yes
Wood
Yes

Parking

1 - 4 Spaces
Yes
Off Street
Yes
Paved
Yes
Tandem
Yes

Electric

Circuit Breakers
Yes

Gas

Natural - On Site
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Driveway

Paved
Yes

Basement Entry

Doghouse
Yes

Water Heater

Electric
Yes

Window Features

Double Pane Windows
Yes

Amenities

1st Floor Primary BR w/Bath
Yes
Laundry - Hookup
Yes
One-Floor Living
Yes
Storage
Yes

Patio and Porch Features

Deck
Yes
Porch
Yes

Equipment

Cable
Yes
Internet Access Available
Yes

Vehicle Storage

No Vehicle Storage
Yes

Listing Terms

1031 Exchange
Yes

Property Features

Site: Corner Lot; Well Landscaped Location: Near Golf Course; Near Shopping; Near Town; Near Turnpike/Interstate Roads: Public Transportation: Public Transport Access Style: Colonial Structure Type: Duplex Levels: Multi-Level Construction: Wood Frame Basement: Full; Unfinished Basement Entry: Doghouse Foundation Materials: Poured Concrete Exterior: Vinyl Siding Roof: Shingle Heat System: Direct Vent Furnace Heat Fuel: Gas Natural Water Heater: Electric Cooling: None Floors: Vinyl; Wood Window Features: Double Pane Windows Amenities: 1st Floor Primary BR w/Bath; Laundry - Hookup; One-Floor Living; Storage Patio and Porch Features: Deck; Porch Equipment: Cable; Internet Access Available Energy Efficiency: LED Light Fixtures Driveway: Paved Parking: 1 - 4 Spaces; Off Street; Paved; Tandem Vehicle Storage: No Vehicle Storage Electric: Circuit Breakers Gas: Natural - On Site Sewer: Public Sewer Water: Public Listing Terms: 1031 Exchange

Documents

Listing Office: Harborview Properties, Inc.
IDX
Last Updated: April - 07 - 2026
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. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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