38-40 Middle Street, Biddeford, ME 04005
Property image
Property image
SOLD
JUN 4, 2026

38-40 Middle Street
Biddeford, ME 04005

  • 5 Beds
  • 2 Baths
  • 2,166 sqft

$514,000

Last Sold: Jun 4, 2026
3% over list $499K
$237/sqft

$514,000

Last Sold: Jun 4, 2026
3% over list $499K
$237/sqft
5 Beds
2 Baths
2,166 sqft

Local Information

  • Map ViewExplore the area around 38-40 Middle Street.
  • Schools1 Preschool School4 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination
Last check for updates: about 2 hours ago
Listed by Benchmark Real Estate
Bought with: The Maine Real Estate Experience
Source: Maine Listings, MLS#1660686

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 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.
38-40 Middle Street, Biddeford, ME 04005 is a 5 bedroom, 2 bathroom, 2,166 sqft multi-family built in 1920. It last sold for $514,000 on Jun 4, 2026 (3% above the $499,000 asking price). It is currently off market. The Trulia Estimate is $514,100, with a rent estimate of $2,469/month.

Home Highlights

Parking
No Info
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
$237/sqft
Listed
64 days ago

Home Details for 38-40 Middle Street

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Doghouse,Walk-Out Access,Full,Sump Pump,Unfinished
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2166 Square Feet
Appliances & Utilities
Utilities: Utilities On
Heating & Cooling
Heating: Baseboard,Hot Water,ZonedNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Window: Storm Window(s)Flooring: Carpet, Laminate, Vinyl, Wood
Levels, Entrance, & Accessibility
Stories: 2Levels: Multi/SplitFloors: Carpet, Laminate, Vinyl, Wood

Exterior Features

Exterior Home Features
Roof: Pitched ShinglePatio / Porch: Glassed-in Porch, ScreenedFoundation: Stone, Brick/MortarNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Paved,1 - 4 Spaces,On Site
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 2166 Square Feet

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: New Englander
Building
Construction Materials: Wood Frame, Vinyl Siding

Price & Status

Price
List Price: $499,000Price Per Sqft: $237/sqft
Status Change & Dates
Off Market Date: Mon May 18 2026

Location

Direction & Address
City: BiddefordCommunity: Downtown Biddeford
School Information
High School District: Biddeford Public Schools

Building

Building Area
Building Area: 2166 Square Feet

Lot Information

Lot Area: 6534 sqft

Energy

Energy Efficiency Features: Ceiling Fans

Miscellaneous

BasementMls Number: 1660686Above Grade Unfinished Area: 2166

Price History for 38-40 Middle Street

DatePriceEventSource
06/04/2026$514,000Sold
Maine Listings #1660686
05/18/2026$499,000PendingMaine Listings #1660686
05/05/2026$499,000Listed For SaleMaine Listings #1660686
03/30/2018$215,000Sold
Maine Listings #1338778
12/04/2015$161,000Sold
Maine Listings #1216261
08/08/2015$164,900PriceChange
Agent Provided
05/16/2015$174,900Listed For SaleAgent Provided

Market trends in Biddeford

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
61
7MoM
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Property Tax and Assessment

Year2024
Tax$5,156
Assessment$362,600
Home facts updated by county records

Comparable Sales for 38-40 Middle Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
36-38 Pool Street, Biddeford, ME
0.12
Multi-Family Home
$484,000
03/26/26
6
2
2,192
5 Oak Place, Biddeford, ME
0.07
Multi-Family Home
$497,500
03/31/26
6
2
2,142
99 Hill Street, Biddeford, ME
0.06
Multi-Family Home
$613,900
08/28/25
7
3
2,757
101 Summer Street, Biddeford, ME
0.10
Multi-Family Home
$378,000
09/12/25
5
2
1,791
23 Foss Street, Biddeford, ME
0.24
Multi-Family Home
$500,000
05/11/26
4
2
1,848
100 Green Street, Biddeford, ME
0.46
Multi-Family Home
$482,500
09/26/25
6
2
2,100
16 Hill Street, Biddeford, ME
0.29
Multi-Family Home
$587,000
05/18/26
5
3
3,448

Nearby homes

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Assigned Schools

These are the assigned schools for 38-40 Middle Street.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Biddeford

At least 92 Trulia users voted on each feature.

  • 83 % Say there are sidewalks

  • 82 % Say it's dog friendly

  • 80 % Say car is needed

  • 66 % Say streets are well-lit

  • 66 % Say parking is easy

  • 65 % Say there's holiday spirit

  • 64 % Say yards are well-kept

  • 63 % Say it's walkable to restaurants

  • 62 % Say it's walkable to grocery stores

  • 61 % Say people would walk alone at night

  • 59 % Say kids play outside

  • 50 % Say it's quiet

  • 48 % Say neighbors are friendly

  • 38 % Say they plan to stay for at least 5 years

  • 38 % Say there's wildlife

  • 30 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Troy Pennell
    "The festivals put on by the town like the winter one where they shut down the street near city hall to have a snow hill for sleds or the summer concerts by the river"
    0
    Flag
  • Justin M.
    "they have live music in all part every week during the summer when they have an art festival on Main Street"
    0
    Flag
  • Lmrousseau8
    "I’ve lived in this area for 5 years and love it. It’s a safe neighborhood for my kids which is most important "
    3
    Flag
  • Lifsabeach
    "There are lots of dogs in the neighborhood quiet roads and sidewalks to walk them. There are also trails and parks nearby. The only issue for us in our neighborhood is that there are several families that allow their dogs to be outside off leash and unfortunately our dog does not do well with other dogs."
    11
    Flag
  • Amy R.
    "I’m not really sure. I haven’t experienced much here to be honest. It’s a great community to live in though! "
    1
    Flag
  • Dale P.
    "I’ve lived in this neighborhood for 5 years. I know most of my neighbors and love that there are so many restaurants in walking distance. With Biddeford Pool and Old Orchard within 15 minutes, summers are filled with walks on the beach. "
    4
    Flag
  • unknown
    "While Biddeford is up and coming it still has a way to go. It is lower income living with a lot of crime. Shops are slowly popping up."
    0
    Flag
  • Jmccarthy9225@gmail.com
    "alot of parks, and the people are getting friendlier. so far it's not bad city is really cleaning it up"
    0
    Flag
  • Cecile P.
    "Information about school K - 12. Short drive to local beach in neighboring towns. Great starting point to drive to other local communities that offer there own sightseeing ventures. Absolutely great seafood available near by, Biddeford offers many wonderful restaurants to choose from"
    0
    Flag
  • Tayloroldspoke
    "We have a vibrant arts community and various community events for all. We also have a great live theatre, restiraunts and brew bars. "
    0
    Flag
  • Terrence H.
    "Centrally located, affordable, eclectic mix of working class people, folks on disability/ssi, and students "
    0
    Flag
  • Renee O.
    "I've lived in this neighborhood for 9 months and is very quiet and friendly. I feel my kids are safe you play and neighbors are careful when driving. "
    1
    Flag
  • Mollybouchard
    "Biddeford is a new city to explore with my future husband. We are hoping the reviews are everything we have hoped for especially because we would like to start our family here. "
    0
    Flag
  • Michelle L.
    "I live in town I'm in walking distance to all the amenities close to all the Mill buildings there are free concerts in the summer"
    0
    Flag
  • Norm R. I.
    "A Norman Rockwell street! Fantastic area, park nearby, walk to stores and great neighborhood!"
    0
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

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Homes for sale near 38-40 Middle Street

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Off Market Homes Near 38-40 Middle Street

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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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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