38-40 Middle St

Biddeford, ME 04005

$499,000
Price
5
Beds
2,166 Sq. Ft.
$230 / Sq. Ft.
2,166
Sq. Ft.
$230
per Sq. Ft.
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Pending
Pending
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Lot Split Survey
Full Survey

Description

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...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.
  1. Listed by Thomas Landry • Benchmark Real Estate

Property Details for 38-40 Middle Street

Waterfront
No
Waterfront Features
Public, Nearby
ArchitecturalStyle
New Englander
Garage Spaces
.00
Garage
No
Zoning
MSRD-2
Subdivision Name
Downtown Biddeford
LISTING UPDATED: 05/18/2026 09:35 AM

Property Details for 38-40 Middle Street

StatusPending
MLS #1660686
Days on Market13
Taxes$5,117 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1920
Lot Size0.15 AC / 6,534 SF
CountyYork County
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Location

Listing Courtesy of Benchmark Real Estate
Add your commute

Building Information for 38-40 Middle Street

Stories2Residences2Year Built1920Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

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$2,913 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,487

Property Taxes

$426

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 38-40 Middle Street

Summary
Location and General Information
  • Road Surface Type: Paved
  • Zip Code: 3409
  • Directions: Located in downtown Biddeford on the corner of Middle and Acorn Streets, just minutes from I-95 (Exit 32) and easily accessible via Main Street.
  • Town: Biddeford
  • State/Province: ME
  • Zip Code: 04005
  • County: York
  • Geo Latitude: 43.488317
  • Geo Longitude: -70.453853
  • Tax Lot: 180
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Sidewalks: Yes
  • Location:Intown: Yes
  • Location:Near Country Club: Yes
  • Location:Near Golf Course: Yes
  • Location:Near Public Beach: Yes
  • Location:Near Railroad: Yes
  • Location:Near Shopping: Yes
  • Location:Neighborhood: Yes
  • Transportation:Major Road Access: Yes
  • Transportation:Near Airport: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Public: Yes
  • Construction: Wood Frame
  • Road Frontage: true
  • Water View2: No
  • Tree Growth YN2: false
Parking
  • Parking Features: Paved, 1 - 4 Spaces, On Site
  • Attached Garage: No
  • Parking: 1 - 4 Spaces, On Site2, Paved3
Taxes and HOA Information
  • Tax Book Number: 17687
  • Tax Map Number: 39
  • Tax Year: 2026
  • Parcel Number: BIDD-000039-000000-000180
  • Tax Annual Amount: $5,117.00
  • Restrictions:No Restrictions: Yes
School Information
  • School District: Biddeford Public Schools
Property
Green Features
  • Energy Efficiency:Ceiling Fans: Yes
  • Energy Efficiency: Ceiling Fans
Heating and Cooling
  • Water Heater:Electric: No
  • Water Heater:Off Heating System: Yes
  • Heat Fuel: Oil
  • Heat System: Baseboard, Hot Water, Zoned
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 2166.0
  • Lot Size Acres: 0.15
  • Source of Acreage: Survey
  • Building Area Total: 2166.0
  • Lot Size Area: 0.15
  • Lot Size Units: Acres
  • Lot Size Square Feet: 6534.0
  • Bathrooms Full: 2
  • Street Number: 3840
  • Property Information:Surveyed: Yes
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed/Conveyance Type Offered: Warranty
  • Property Information:Deed: All
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: White
  • Property Information:Source of Road Frontage: Public Records
Parking
  • Driveway:Paved: Yes
  • Driveway: Paved2
Property and Assessments
  • Sign on Property: Yes
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1920
Utilities
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public
  • Other Equipment: Internet Access Available, Cable
  • Utilities:Utilities On: Yes
  • Gas:No Gas: Yes
  • Water Heater: Off Heating System
  • Equipment: Cable, Internet Access Available
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Vinyl Siding
  • # Fireplaces: 0
  • Fireplace: No
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Vehicle Storage: No Vehicle Storage
  • Patio and Porch Features: Glassed-in Porch, Porch-Screened
  • Basement Entry: Doghouse
Interior Features
  • Basement: Full, Sump Pump, Unfinished, Walk-Out Access
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Interior Features: Other Amenities, Walk-in Closets, 1st Floor Bedroom, Bathtub, One-Floor Living, Pantry, Shower, Storage
  • Cooling: None
  • Heating: Oil, Baseboard, Hot Water, Zoned
  • Foundation Details: Brick/Mortar, Stone
  • Laundry Features: Washer Hookup
  • # Floors: 2
  • Bathrooms Total (Integer): 2
  • Bathrooms Total (Decimal): 2.00
  • Bathrooms Total (Notational): 2.00
  • Cooling YN: No
  • Heating YN: Yes
  • Levels: Multi-Level
  • Amenities: 1st Floor Bedroom, Bathtub, Fence, Laundry - Hookup, One-Floor Living, Other Amenities, Pantry, Shower, Storage, Walk-in Closets
Multi Family
Income & Expenses Information
  • Gross Income: $58,800.00
  • Operating Expenses: $61,800.00
  • Gross Income: $58,800.00
  • Operating Expenses: $61,800.00
Multi-Family Information
  • Number of Units: 2
  • Building Info:# Fireplaces: 0
  • Building Info:# Stories: 2
Unit 1
  • Unit 1:Lease: No
  • Unit 1:Level: First
  • Unit 1:Security Deposit: No
  • Unit 1:Monthly Rent: $2,450.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 6.00
  • Unit 1:# of Bedrooms: 3.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: No
  • Unit 1:Electric: No
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: No
  • Unit 2:Level: Second
  • Unit 2:Monthly Rent: $2,450.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 5.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: No
  • Unit 2:Electric: No
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Range: Yes
  • Unit 3:Sewer: Yes
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 1
  • Units:# of 3 BD Units: 1
  • Units:# of 4+ BD Units: 0

Property History for 38-40 Middle Street

DateEvent & SourcePriceAppreciation
May 18, 2026

Pending

Maine Listings #1660686

—
May 18, 2026

Active Under Contract

Maine Listings #1660686

—
May 5, 2026

Listed (Active)

Maine Listings #1660686

$499,000—
DateEvent & SourcePrice
05/18/2026

Pending

Maine Listings #1660686

—
05/18/2026

Active Under Contract

Maine Listings #1660686

—
05/05/2026

Listed (Active)

Maine Listings #1660686

$499,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 38-40 Middle Street

Taxable ValueLand$131,800Additions$227,300Total$359,100
Tax Record2023$4,711 ($393 / month)
Home Facts
Baths2Total Finished SqFt2,166 SqFtAbove Grade Finished SqFt2,166 SqFtUnfinished Basement SqFt629 SqFtStories2Lot Size10,890 SqFtStyleDuplexYear Built1920ZoningR2CountyYORKAPNBIDD M:39 L:180

Schools near 38-40 Middle Street

This home is within Biddeford Public Schools.
Rating
School
Type
Grades
Distance
Biddeford Primary School
Public - K to 2
Biddeford Intermediate School
Public - 3 to 4
Biddeford Middle School
Public - 5 to 7
Biddeford High School
Public - 8 to 12
Rating
School
Distance
Biddeford Primary School
PublicK to 2

Biddeford Intermediate School
Public3 to 4

Biddeford Middle School
Public5 to 7

Biddeford High School
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Benchmark Real Estate

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