$1,100,000

38 South St Biddeford, ME 04005

Downtown Biddeford Neighborhood

Estimated payment $6,452/month

Total Views 157
-- Bed
5.5 Baths
4,428 Sq Ft
$248 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Cooling Available
  • Level Lot
  • No HOA
  • Baseboard Heating
  • 4-minute walk to Shevenell Park

About This Home

Perfect investment opportunity in a very desirable area of Biddeford. This 5 unit property has been in the same family for several generations. Major renovations have happened throughout the building since 2017. Electrical, plumbing, heating, kitchens, baths, flooring, insulation, this list goes on and on! All units are occupied. OFF STREET PARKING for ALL TENANTS! Each unit has been tastefully remodeled and updated. Positive cash flow right out of the chute.

Listing Agent

Kenneth Jacques

Meservier & Associates Listed on: 11/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,324

Year Built

  • Built in 1875

Lot Details

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

Parking

  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,428 Sq Ft Home
  • Multi-Level Property

Flooring

  • Laminate
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Location

  • City Lot

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heat Pump System
  • Baseboard Heating

Listing and Financial Details

  • Tax Lot 190
  • Assessor Parcel Number BIDD-000038-000000-000190

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $31,075
  • Gross Income $110,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,324

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 4428.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Multi-Level
  • Year Built: 1875
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 4428.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Cooling:Heat Pump3: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 5
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 110400.0
  • Income Expenses Operating Expenses: 31075.0
  • Style:Colonial: Yes
  • Driveway:Gravel: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Foundation Materials:Granite2: Yes
  • Levels:Multi-Level3: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Walk-Out Access, Full, Unfinished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Flooring: Vinyl, Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open, Level, Sidewalks, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Granite, Concrete Perimeter, Brick/Mortar
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Baseboard
  • 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: 6098.4
  • Parcel #: BIDD-000038-000000-000190
  • Zoning: MSRD2

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 110400.0
  • Annual Operating Expense: 31075.0

Tax Info

  • Tax Annual Amount: 8324.0
  • Tax Lot: 190
  • 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

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 $7,807 $549,000 $123,100 $425,900
2023 $7,123 $542,900 $123,100 $419,800
2022 $6,068 $369,800 $61,900 $307,900
2021 $5,821 $319,300 $50,700 $268,600
2020 $5,131 $255,900 $39,400 $216,500
2019 $4,468 $223,600 $39,400 $184,200
2018 $4,405 $223,600 $39,400 $184,200
2017 $4,076 $203,100 $39,400 $163,700
2016 $4,034 $203,100 $39,400 $163,700
2015 $3,954 $203,100 $39,400 $163,700
2014 $3,667 $203,100 $39,400 $163,700
2013 -- $281,600 $63,100 $218,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2025 11/05/25 For Sale $1,100,000 -- $248 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 Purchase Money Mortgage
Source: Public Records

Source: Maine Listings

MLS Number: 1642796

Maine Listings

APN: BIDD-000038-000000-000190

Maine York County Biddeford 04005 Downtown Biddeford

38 South St, Biddeford, ME

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393

Nearby Homes
Kenneth Jacques
Listing Agent
Kenneth Jacques
Section Image
Meservier & Associates
(207) 389-7876