$835,000
SOLD JUL 10, 2026

642 Limerick Rd Arundel, ME 04046

Arundel Area
-- Beds
4.5 Baths
3,570 Sq Ft
3 Acre Lot

Sale Details

Date Sold: July 10, 2026

$234 Per Sq Ft

2% Below List Price

15 Days on Market

Highlights

  • 100 Feet of Waterfront
  • View of Trees or Woods
  • Deck
  • Kennebunk High School Rated 9+
  • 3 Acre Lot
  • Wooded Lot

About This Home

As of July 2026

Exceptional investment opportunity in the heart of Arundel. Set on approximately 3 acres, this versatile multi-unit property features 4 residential units, including a spacious 3-bedroom unit, along with 8 garage bays offering excellent additional income potential, storage, workshop space, or flexibility for a variety of uses. Whether you're looking to offset expenses through rental income, expand your portfolio, or secure a property with strong cash flow potential in a highly convenient Southern Maine location, this property offers flexibility and multiple income streams already in place. Extensively improved over recent years, the property has seen numerous updates including roofing improvements, exterior paint and siding work, septic upgrades, heating and hot water system updates, water treatment additions, regrading, and renovations to multiple units, helping position the property as a strong opportunity for both investors and owner occupants alike. Conveniently located just minutes from downtown Biddeford, shopping, restaurants, and everyday amenities including Target, while also offering easy access to the beaches of both Biddeford and Kennebunk. Approximately 20 minutes to Portland and about 1 hour 15 minutes to Boston. Arundel residents currently have school attendance options that may include Kennebunk High School, Biddeford High School, or Thornton Academy. Buyers are encouraged to verify enrollment details directly with the applicable school departments. A rare combination of acreage, garage space, income potential, and location in one of Southern Maine's most convenient locations!

Last Agent to Sell the Property

Tasha Massey

On Point Realty Listed on: 05/12/2026

Last Buyer's Agent

Elizabeth Garner

On Point Realty

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,631

Year Built

  • Built in 1972

Lot Details

  • 3 Acre Lot
  • 100 Feet of Waterfront
  • Property fronts a freeway
  • Rural Setting
  • Level Lot
  • Open Lot
  • Wooded Lot

Parking

  • 8 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Wood Siding

Interior Spaces

  • 3,570 Sq Ft Home
  • 1 Fireplace
  • Storage
  • Views of Woods

Flooring

  • Wood
  • Carpet
  • Tile
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Bottled Gas Heating
  • Private Water Source
  • Well
  • Private Sewer

Additional Features

  • Level Entry For Accessibility
  • Property is near shops

Listing and Financial Details

  • Tax Lot 23

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $16,830
  • Gross Income $77,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,631

Year Built

Built in 1972

Lot Details

3 Acres

Parking

8

Listing Details

  • Prop. Type: Multi-Family
  • Lot Size Acres: 3.0
  • Road Surface Type: Paved
  • Water Body Name: Brook - Name unknown
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3570.00
  • Architectural Style: Other, Ranch
  • Garage Yn: Yes
  • Year Built: 1972
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Water Info:Waterfront Amount -: 100.00
  • Water Info:Water Frontage Owned -: 100.00
  • Property Information:Bank Owned REO: No
  • Location:Location: Near Shopping, Near Turnpike/Interstate, Rural
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Level Entry
  • Has Basement: Not Applicable, None, Slab
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood, Luxury Vinyl
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Other, Storage, Walk-In Closet(s)

Exterior Features

  • Lot Features: Near Shopping, Near Turnpike/Interstate, Rural, Level, Open Lot, Wooded
  • View: Trees/Woods
  • Waterfront: Yes
  • Construction Type: Wood Frame, Wood Siding
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Membrane

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 8.00
  • Parking Features: Gravel, Paved, 11 - 20 Spaces, Off Street, Garage Door Opener, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Gas Bottled, Propane, Baseboard, Direct Vent Heater, Zoned
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 130680.00
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 77340.00
  • Annual Operating Expense: 16830.00

Tax Info

  • Tax Annual Amount: 4631.00
  • Tax Lot: 23
  • Tax Year: 2026

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2021
Sold by
Massey Robert J
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,368
Outstanding Balance
$350,610
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 30, 2019
Closed on
Jan 17, 2020
Sold by
Boucher Claudia J
Bought by
Massey Robert J
Seller's Agent
Sam Downing
Downing Real Estate Agency
Buyer's Agent
Tony Duong
Bean Group
List Price
$415,000
Sold Price
$387,000
Premium/Discount to List
-$28,000
-6.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,990
Interest Rate
4.37%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Arundel, ME

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $399,368 FHA
Previous Owner $379,990 FHA
Closed $107,271 FHA
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2026 07/10/26 Sold $835,000 +1.2% $234 / Sq Ft
05/27/2026 05/27/26 Pending -- -- --
05/26/2026 05/26/26 Price Changed $825,000 -2.9% $231 / Sq Ft
05/12/2026 05/12/26 For Sale $850,000 +119.6% $238 / Sq Ft
01/17/2020 01/17/20 Sold $387,000 -6.7% $108 / Sq Ft View Prior Sale
11/22/2019 11/22/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $415,000 -- $116 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,631 $564,700 $178,000 $386,700
2024 $4,949 $291,100 $48,800 $242,300
2023 $4,949 $291,100 $48,800 $242,300
2022 $4,920 $291,100 $48,800 $242,300
2021 $4,920 $291,100 $48,800 $242,300
2020 $4,870 $291,100 $48,800 $242,300
2019 $4,150 $254,600 $46,500 $208,100
2018 $4,053 $254,600 $46,500 $208,100
2017 $3,946 $254,600 $46,500 $208,100
2016 $3,850 $254,600 $46,500 $208,100
2015 $3,806 $254,600 $46,500 $208,100
2014 $3,692 $254,600 $46,500 $208,100
2013 $3,692 $254,600 $46,500 $208,100
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1661869

Maine Listings
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