Property Attributes
- MLS#1678967
- TypeSingle Family
- Listing Status Pending
- CountyCumberland
- CityPortland
- NeighborhoodBack Cove
- Zip04103
- StyleRanch
- Year Built1960
- Taxes$ 7342
- Price$ 299,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1121
- Lot Size0.36 Acres
Data Source:
Maine Listings (MREIS)
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.
General Features
| Sewer | Public Sewer |
|---|---|
| Zoning | R3 |
| Electric | Circuit Breakers |
| Tax Year | 2026 |
| County | Cumberland |
| Property Type | Residential |
| HOA | false |
| Status | Pending |
| City | Portland |
| Lot Size Units | Acres |
| Lot Size Square Feet | 15681.6 |
| Tax Annual Amount | 7342.65 |
| Standard Status | Pending |
| Tax Lot | 021001 |
| Heating | Oil,Baseboard,Hot Water,Wood Stove |
| Cooling | None |
| Property Subtype | Single Family Residence |
| Garage Y/N | true |
| Land Lease Y/N | false |
| Pets Allowed | No Restrictions |
| Subdivision Name | Back Cove |
| High School District | Portland Public Schools |
| Roof | Pitched,Shingle |
| Garage Spaces | 2 |
| Architectural Style | Ranch |
| Construction Materials | Wood Frame,Wood Siding |
| Year Built | 1960 |
| Attached Garage | false |
| Total Rooms | 5 |
| Full Baths | 1 |
| Appliances | Dishwasher,Microwave,Electric Range,Refrigerator |
| Patio/Porch Features | Deck |
| Occupancy Type | Owner |
Interior Features
| Total Baths | 1 |
|---|---|
| Air Conditioning Y/N | false |
| Heating Y/N | true |
| Basement | Interior Entry,Finished,Full,Unfinished |
| Flooring | Tile,Wood |
| Fireplace Y/N | false |
| Above Grade Finished Area | 1121 |
| Total Bedrooms | 3 |
| Interior Amenities | 1st Floor Bedroom,Bathtub,Storage |
| Laundry Features | Washer Hookup |
Exterior Features
| Parking Features | Paved,5 - 10 Spaces,On Site,Detached |
|---|---|
| Lot Features | 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 |
| Water Source | Public |
| Lot Size Area | 0.36 |
| Lot Size Acres | 0.36 |
| Road Surface Type | Paved |
| Lot Size Source | Public Records |
| Waterfront Y/N | false |
| Building Area Total | 1121 |
| Foundation Details | Poured Concrete |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 04103
Statistics provided by Inside Real Estate
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified ©2026 Maine Real Estate Information System, Inc. All Rights Reserved.