$425,000
$55K PRICE DROP

12 Raymond St Biddeford, ME 04005

Estimated payment $2,722/month

Total Views 8,266
-- Bed
2 Baths
1,030 Sq Ft
$413 Price per Sq Ft

Highlights

  • Deck
  • Main Floor Bedroom
  • Shed
  • New Englander Architecture
  • No HOA
  • Baseboard Heating

About This Home

Fantastic 2-Family Home in Prime Biddeford Location!

Conveniently located just minutes from the Maine Turnpike, this multi-unit property offers excellent investment potential or the perfect opportunity for owner occupancy with rental income. Each unit features 2 bedrooms and 1 full bath, with plenty of natural light and comfortable living spaces.

Situated on a .14-acre lot, the property boasts a flat backyard ideal for relaxing or entertaining, complete with a storage shed. The large driveway provides ample parking for multiple vehicles—a rare find!

Enjoy close proximity to everything the area has to offer: less than 15 minutes to the sandy shores of Old Orchard Beach, the University of New England, Mariner Way Shopping Center, and MaineHealth Maine Medical Center. Whether you're looking to invest or settle down in a growing and vibrant community, this Biddeford gem checks all the boxes.

Listing Agent

Faith Fontaine

Keller Williams Realty Listed on: 05/10/2025

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,496

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • Duplex
  • New Englander Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,030 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Shower Only

Basement

  • Exterior Basement Entry
  • Dirt Floor
  • Crawl Space

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deck
  • Shed

Location

  • Suburban Location

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 85
  • Assessor Parcel Number BIDD-000029-000000-000085

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $14,696
  • Gross Income $40,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,496

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • MLS Status: Active
  • Directions: South on I95, Take exit 32 toward ME-111/Biddeford. Go for 0.4 mi. Turn left on Alfred St (ME-111). Go for 1.3 mi. Cont. on West St. Go for 0.5 mi. Turn left on Hill St. Go for 0.2 mi. Turn right on Hubert St Go for 0.1 mi. Turn left onto Raymond St.
  • Above Grade Finished Sq Ft: 1030.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1030.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Location:Suburban: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 40800.0
  • Income Expenses Operating Expenses: 14696.0
  • Basement:Crawl Space: Yes
  • Basement:Dirt Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Property Information 2 Detached Houses on 1 Lot: No
  • Other Structures:Shed(s): Yes
  • Structure Type:Duplex3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Dirt Floor, Crawl Space, Exterior Only
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: 1st Floor Bedroom, Shower
  • Stories: 2

Exterior Features

  • Lot Features: Open, Level, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Suburban
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On, Pole
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: BIDD-000029-000000-000085
  • Zoning: R2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 40800.0
  • Annual Operating Expense: 14696.0

Tax Info

  • Tax Annual Amount: 4496.0
  • Tax Book Number: 19213
  • Tax Lot: 85
  • Tax Map Number: 29
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,496 $316,200 $137,800 $178,400
2023 $4,082 $311,100 $135,400 $175,700
2022 $2,931 $178,600 $73,200 $105,400
2021 $2,798 $153,500 $61,900 $91,600
2020 $2,691 $134,200 $56,300 $77,900
2019 $2,681 $134,200 $56,300 $77,900
2018 $2,644 $134,200 $56,300 $77,900
2017 $2,629 $131,000 $56,300 $74,700
2016 $2,602 $131,000 $56,300 $74,700
2015 $2,551 $131,000 $56,300 $74,700
2014 $2,488 $131,000 $56,300 $74,700
2013 -- $159,700 $70,100 $89,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Price Changed $425,000 -5.6% $413 / Sq Ft
06/07/2025 06/07/25 Price Changed $450,000 -2.2% $437 / Sq Ft
05/27/2025 05/27/25 Price Changed $460,000 -4.2% $447 / Sq Ft
05/10/2025 05/10/25 For Sale $480,000 +34.3% $466 / Sq Ft
03/23/2023 03/23/23 Sold $357,500 +2.8% $347 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
01/28/2023 01/28/23 For Sale $347,900 -- $338 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Warranty Deed $357,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $16,008 FHA
Open $351,024 FHA
Previous Owner $88,000 Unknown
Previous Owner $40,000 Unknown
Source: Public Records

Source: Maine Listings

MLS Number: 1622152

Maine Listings

APN: BIDD-000029-000000-000085