38-40 Middle St

Beds
2,166 Sq. Ft.
$237 / Sq. Ft.
2,166
Sq. Ft.
$237
per Sq. Ft.

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
    P: (207)-775-0248 C: (207)-939-0185 LandryTeam@benchmarkmaine.com

Property Details for 38-40 Middle Street

Architectural Style
New Englander
Style
New Englander
Subdivision Name
Downtown Biddeford
Has Waterfront
No
Waterfront Features
Nearby, Public
Zoning
MSRD-2
LISTING CLOSED: 06/04/2026 12:00 AM

Property Details for 38-40 Middle Street

StatusClosed
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

Location

Listing Courtesy of Benchmark Real Estate

Sold By The Maine Real Estate Experience

Add your commute

Building Information for 38-40 Middle Street

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

Payment Calculator

$2,988 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,561

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
  • Water View: No
  • Location: Intown, Near Country Club, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood, Near Railroad
  • Page: 0710
  • 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.
  • Latitude: 43.488317
  • Longitude: -$70.45
  • Transportation: Major Road Access, Near Airport, Public Transport Access, Rail Available
Taxes and HOA
  • Association: No
  • Parcel Number: BIDD-000039-000000-000180
  • Tax Lot: 180
  • Tax Book Number: 17687
  • Tax Map Number: 39
  • Tax Year: 2026
  • Tax Annual Amount: $5,117.00
Parking
  • Parking Features: Paved, 1 - 4 Spaces, On Site
  • Parking: 1 - 4 Spaces, On Site, Paved
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
School Information
  • High School District: Biddeford Public Schools
Property
Lot Information
  • Lot Features: Intown, Near Country Club, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood, Near Railroad, Corner Lot, Level, Open Lot, Sidewalks, Near Public Transit
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Source: Survey
  • Lot Size Square Feet: 6534.0
  • Lot Size Units: Acres
  • 2 Detached Houses on 1 Lot: false
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Road Frontage: true
  • Road Frontage: 146.0
  • Source of Road Frontage: Public Records
  • SqFt Source: Public Records
  • Tree Growth: false
  • Site: Corner Lot, Level, Open, Sidewalks
Property and Assessments
  • Above Grade Finished Area: 2166.0
  • Building Area Total: 2166.0
  • Property Type: Multi-Family
  • Deed: All
  • Deed/Conveyance Type Offered: Warranty
  • Surveyed: Yes
  • Restrictions: No Restrictions
  • Construction: Wood Frame
  • Year Built: 1920
Building Features
  • Levels: Multi-Level
  • Levels: Multi-Level
  • Foundation Details: Stone, Brick/Mortar
  • Foundation Materials: Stone, Brick/Mortar
  • Construction Materials: Wood Frame, Vinyl Siding
  • Color: White
  • Stories: 2
Financial Information
  • List Price/SqFt: $230.38
  • Property Repairs Amount: $2,000
  • Property Repairs Y/N: Yes
Green Features
  • Energy Efficiency: Ceiling Fans
  • Green Energy Efficient: Ceiling Fans
Utilities
  • Heat Fuel: Oil
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Recreational Water: Nearby, Public
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Off Heating System
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl Siding
  • Fencing: Fenced
  • Roof: Pitched, Shingle
  • Window Features: Storm Window(s)
  • Window Features: Storm Window(s)
  • Driveway: Paved
Interior Features
  • Amenities: 1st Floor Bedroom, Bathtub, Fence, Laundry - Hookup, One-Floor Living, Other, Pantry, Shower, Storage, Walk-in Closets
  • Bathrooms Full: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Integer: 2
  • Equipment: Cable, Internet Access Available
  • Laundry Features: Washer Hookup
  • Other Equipment: Cable, Internet Access Available
  • Basement: Doghouse, Walk-Out Access, Full, Sump Pump, Unfinished
  • Basement: Walk-Out Access, Full, Sump Pump, Unfinished
  • Has Fireplace: No
  • Patio And Porch Features: Glassed-in Porch, Porch-Screened
  • Has Cooling: No
  • Heating: Oil, Baseboard, Hot Water, Zoned
  • Has Heating: Yes
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Interior Features: 1st Floor Bedroom, Bathtub, One-Floor Living, Other, Pantry, Shower, Storage, Walk-In Closet(s)
Room Information
Laundry
  • Laundry Room Amenities: Washer Hookup
Multi Family
Multi Family Information
  • # of 2 BD Units: 1
  • # of 3 BD Units: 1
  • Number Of Units Total: 2
Income & Expenses
  • Gross Income: $58,800.00
  • Operating Expense: $61,800.00
Rental
Rent Information
  • Land Lease: No
  • Pets Allowed: No Restrictions
Tenant Information
  • Occupant Type: No

Property History for 38-40 Middle Street

DateEvent & SourcePriceAppreciation
Jun 4, 2026

Sold

Maine Listings #1660686

$514,000
May 18, 2026

Pending

Maine Listings #1660686

May 5, 2026

Listed (Active)

Maine Listings #1660686

$499,000
DateEvent & SourcePrice
06/04/2026

Sold

Maine Listings #1660686

$514,000
05/18/2026

Pending

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
Public - K to 2
Public - 3 to 4
Public - 5 to 7
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 any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. 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.