$824,900
$70K PRICE DROP

Estimated payment $5,041/month

Total Views 5,663
-- Bed
4 Baths
4,100 Sq Ft
$201 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Property is near public transit
  • Main Floor Bedroom
  • Double Pane Windows

About This Home

Don't miss this incredible opportunity to own this 4-unit multifamily property just steps from vibrant downtown Biddeford—one of Maine's hottest and fastest-growing cities. With strong rental income already in place and room for upside through potential updates and/or rent increases, this property is ideal for investors looking to grow their portfolio or owner-occupants ready to house-hack.
Each unit offers spacious layouts and solid tenancy, and the building includes some off-street parking, making it highly desirable in a low-vacancy area. Located within walking distance to Biddeford's thriving restaurant and brewery scene, shops, and the scenic Saco River, this location is perfect for attracting long-term tenants and maximizing return. Biddeford continues to appear on national ''Top 10'' lists for livability and revitalization, with rising property values and sustained demand for quality housing. Whether you're a seasoned investor or just starting out, this is your chance to invest in your future in a community with momentum and long-term growth potential. Reach out today to schedule a private showing—this opportunity won't last!

Listing Agent

Fred Andrews

Spectrum Real Estate Listed on: 06/16/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,665

Year Built

  • Built in 1925

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 4,100 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Site Parking

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number BIDD-000038-000000-000053

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $22,497
  • Gross Income $79,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,665

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Road Surface Type: Paved
  • MLS Status: Active
  • Directions: GPS Friendly.
  • Above Grade Finished Sq Ft: 4100.0
  • Architectural Style: Other, Colonial
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Building Stories: 3
  • Year Built: 1925
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.07
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 4100.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 4
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 79200.0
  • Income Expenses Operating Expenses: 22497.0
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Equipment:Internet Access Available: Yes
  • Parking:Off Site: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Foundation Materials:Granite2: Yes
  • Location:Near Railroad: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 3
  • Property Information 2 Detached Houses on 1 Lot: No
  • Levels:Multi-Level3: Yes
  • Heat System:Zoned: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Other Equipment: Internet Access Available, Cable
  • Has Basement: Interior, Partial, Unfinished
  • Full Bathrooms: 4
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower
  • Stories: 3
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Shopping, Neighborhood, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite
  • Roof: Composition, Pitched, Shingle
  • Window Features:Double Pane Windows2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Off Site, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Biddeford Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3049.2
  • Parcel #: BIDD-000038-000000-000053
  • Zoning: MSRD2

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 79200.0
  • Annual Operating Expense: 22497.0

Tax Info

  • Tax Annual Amount: 6665.0
  • Tax Book Number: 19039
  • Tax Lot: 53
  • Tax Map Number: 38
  • Tax Year: 2025

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Price Changed $824,900 -2.9% $201 / Sq Ft
07/21/2025 07/21/25 Price Changed $849,900 -5.0% $207 / Sq Ft
06/16/2025 06/16/25 For Sale $895,000 +32.6% $218 / Sq Ft
05/31/2022 05/31/22 Sold $675,000 -0.7% $165 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
04/30/2022 04/30/22 For Sale $679,900 +345.8% $166 / Sq Ft
07/15/2016 07/15/16 Sold $152,500 -12.1% $37 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $173,500 -- $42 / Sq Ft
Source: Maine Listings

Source: Maine Listings

MLS Number: 1626879

Maine Listings