38-40 Middle StreetBiddeford, ME 04005MLS Number 1660686

  • Price: $499,000
  • Est. Mortgage of $/month
  • 17 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Pending
38-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 0400538-40 Middle Street Biddeford ME 04005
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  • 2Bathrooms
  • 0.15Acreage
  • 2,166Square Feet
Welcome to an ideal owner-occupied multifamily opportunity in the heart of Biddeford--one of Maine's most dynamic and rapidly evolving markets. This isn't an 'up-and-coming' location--it's already here. Vibrant, walkable, and full of energy, Biddeford offers an exceptional lifestyle with restaurants, brew pubs, coffee shops, and everyday conveniences just a short distance away. Set on a sun-filled corner lot, this well-sited two-family offers off-street parking, a great yard, and an elevated position that brings in abundant natural light. Upper floors enjoy expansive views that could be further enhanced over time. Both units feature spacious layouts, large sun-filled rooms, inviting porches, and charming original details. Most recently owner-occupied, rents are projected at $2,450 per unit, offering strong income potential. Tenants pay electricity, with the owner covering heat via an efficient boiler. The first-floor unit offers 2-3 bedrooms, while the second floor features a 2-bedroom layout. The property has been fully vacated, allowing for immediate occupancy and flexibility for an owner-occupant or investor. The property works well as-is, while also offering tremendous upside potential for those with some energy and ambition. For additional value, the adjacent buildable lot is also available for $150,000. Conveniently located near the University of New England, Amtrak service to Boston and beyond, and all that the Biddeford-Saco area has to offer, this is a compelling opportunity. Whether you're looking to break into the multifamily market or expand your portfolio, this is a high-quality asset in a location that continues to see strong demand. Schedule your showing today and secure your place in one of Southern Maine's most desirable markets.
Listed by Benchmark Real Estate

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AllMaineHomes
AllMaineHomes
Office: 207-623-2100
183 State St
#102
Augusta, ME 04330

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Tax Information

  • Parcel Number BIDD-000039-000000-000180
  • Taxes$5,117

Basic Information

  • List Price$499,000
  • MLS Number1660686
  • Property TypeMulti-Family
  • StatusPEN

Property

  • Road Surface Type Paved
  • Sign On Property YN Yes
  • Site Corner Lot, Level, Open, Sidewalks

Interior

  • Interior Features 1st Floor Bedroom, Bathtub, One-Floor Living, Other, Pantry, Shower, Storage, Walk-In Closet(s)

Utilities

  • Electric Circuit Breakers
  • Heat SystemOil, Baseboard, Hot Water, Zoned
  • Heating FuelOil
  • Heating YN Yes
  • Recreational Water Nearby, Public
  • Utilities Utilities On
  • Waste Water DisposalPublic Sewer

School Information

  • High School DistrictBiddeford Public Schools

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Full Bath2
  • Laundry Features Washer Hookup

Building

  • BasementDoghouse, Walk-Out Access, Full, Sump Pump, Unfinished
  • Building ConstructionWood Frame
  • Flooring Carpet, Laminate, Vinyl, Wood
  • FoundationStone, Brick/Mortar
  • Patio And Porch Features Glassed-in Porch, Porch-Screened
  • Property StyleNew Englander
  • Stories2
  • Units2
  • Window Features Storm Window(s)
  • Year Built1920

Amenities

  • Amenities
    • 1st Floor Bedroom
    • Bathtub
    • Fence
    • Laundry - Hookup
    • One-Floor Living
    • Other
    • Pantry
    • Shower
    • Storage
    • Walk-in Closets
  • Other AmenitiesBasement, Beachfront
  • PetsNo Restrictions

Parking

  • Parking 1 - 4 Spaces, On Site, Paved
  • Parking Features Paved,1 - 4 Spaces, On Site

Location

  • Address38-40 Middle Street
  • Building Number38-40
  • CountyYork
  • LocationIntown, Near Country Club, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood, Near Railroad
  • StateME
  • StreetMiddle Street
  • SubdivisionDowntown Biddeford
  • TownBiddeford
  • Zip04005

Exterior

  • Exterior Vinyl Siding
  • Fencing Fenced
  • RoofPitched, Shingle

Property Information

  • Acreage0.15
  • Lot Features Intown, Near Country Club, Near Golf Course, Near Public Beach, Neighborhood, Near Railroad, Corner Lot, Level, Open Lot, Sidewalks, Near Public Transit
  • Square Feet2,166

Water Body

  • Water AccessPublic

Other

  • Date Listed05/05/2026
  • Energy Efficiency Ceiling Fans
  • Equipment Cable, Internet Access Available
  • Green Energy Efficient Ceiling Fans
  • Unit 1 Full Baths 1
  • Unit 1 Level First
  • Unit 1 Monthly Rent $2,450
  • Unit 1 Rooms 6
  • Unit 1 Water Yes
  • Unit 2 Full Baths 1
  • Unit 2 Level Second
  • Unit 2 Monthly Rent $2,450
  • Unit 2 Rooms 5
  • Unit 2 Water Yes

Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. equal opportunity housing logo   Privacy Policy

All Maine Homes participates in ©2026 Maine Listings Internet Data Exchange program, allowing us to display other Maine IDX Participants' listings. This website does not display complete listings. Certain listings of other real estate brokerage firms have been excluded. Mortgage figures are estimates. Check with your bank or proposed mortgage company for actual interest rates. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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