$480,000
SOLD MAR 13, 2026
-- Bed
3 Baths
2,644 Sq Ft
531,301,312 Sq Ft Lot

Sale Details

Date Sold: March 13, 2026

$182 Per Sq Ft

7% Above List Price

6 Days on Market

Highlights

  • 0.28 Acre Lot
  • Wood Flooring
  • Cooling Available
  • Cape Cod Architecture
  • No HOA
  • Property is near shops

About This Home

As of March 2026

Spacious duplex in a growing Biddeford location offering strong rental income. The property features two large units: one 3-bedroom and one 4-bedroom. The 3-bedroom unit is currently vacant and move-in ready, making it a great option for an owner-occupant with immediate income from the second unit. Set on an oversized lot with a generous side yard and a large rear deck ideal for outdoor entertaining. Additional features include a two-car garage, 2 driveways, and a large storage shed. One unit is heated by a newer high-efficiency boiler, while the other is heated with a heat pump. All utilities, including water and sewer, are separately metered. Professional property management is currently in place and may remain for a buyer seeking ease of operation. Priced competitively compared with a recent appraised value, this is an opportunity to create immediate built-in equity for the next owner. With interest rates at a 2-year low, this is a great window to purchase. Located directly across the street from The Levee development, which will bring new retail, restaurants, and a park connecting to the expanding Biddeford Riverwalk.

Last Agent to Sell the Property

Daniel Weber Nicholas Laverriere

Keller Williams Realty Listed on: 02/18/2026

Keller Williams Realty

Last Buyer's Agent

John Ortiz

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,803

Year Built

  • Built in 1880

Parking

  • 2 Car Garage

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 3 Full Bathrooms
  • 2,644 Sq Ft Home
  • Interior Basement Entry

Flooring

  • Wood
  • Tile
  • Vinyl

Utilities

  • Cooling Available
  • Heat Pump System
  • Baseboard Heating

Additional Features

  • 12,197 Sq Ft Lot
  • Property is near shops

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number BIDD-000040-000000-000040

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $11,409
  • Gross Income $59,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,803

Year Built

Built in 1880

Lot Details

0.28 Acres

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2644.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Year Built: 1880
  • Contract Information:List PriceSqFt: 170.2
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry
  • Full Bathrooms: 3
  • Flooring: Tile, Vinyl, Hardwood

Exterior Features

  • Waterfront: No
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Baseboard, Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12196.8
  • Parcel #: BIDD-000040-000000-000040
  • Zoning: R2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 59640.0
  • Annual Operating Expense: 11409.0

Tax Info

  • Tax Annual Amount: 5803.0
  • Tax Lot: 40
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2026
Closed on
Mar 13, 2026
Sold by
Spring Is Apartments Llc
Bought by
Magda A Ortiz Lt and Ortiz
Seller's Agent
Daniel Weber Nicholas Laverriere
Keller Williams Realty
Buyer's Agent
John Ortiz
Keller Williams Realty
List Price
$450,000
Sold Price
$480,000
Premium/Discount to List
$30,000
6.67%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.93%
Original Mortgage
$311,000
Outstanding Balance
$310,696
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$178,544

Purchase Details

Closed on
Oct 1, 2015
Sold by
Boutet Celia E
Bought by
New Dam Llc

Purchase Details

Closed on
Dec 8, 2014
Sold by
Boutet James
Bought by
Boutet James and Boutet Celia E

Purchase Details

Closed on
Dec 7, 2012
Sold by
Biddeford City Of
Bought by
Boutet James
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $480,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $311,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2026 03/13/26 Sold $480,000 +6.7% $182 / Sq Ft
02/24/2026 02/24/26 Pending -- -- --
02/18/2026 02/18/26 For Sale $450,000 -- $170 / Sq Ft
Source: Maine Listings

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1652145

Maine Listings

APN: BIDD-000040-000000-000040

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