5 Oak Place
Biddeford, ME 04005
- 6 Beds
- 2 Baths
- 2,142 sqft
$497,500
Last Sold: Mar 31, 2026
4% below list $520K
$232/sqft
$497,500
Last Sold: Mar 31, 2026
4% below list $520K
$232/sqft
6 Beds
2 Baths
2,142 sqft
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1900
Living Area
2,142 sqft
Price/Sqft
$232/sqft
Last check for updates: about 2 hours ago
Listed by Maine Real Estate Co
Bought with: Coldwell Banker Realty
Source: Maine Listings, MLS#1650253

Description
A rare two unit opportunity in the heart of Biddeford that blends flexibility, income, and lifestyle in one smart move. With 2,152 square feet total, this well maintained property offers two spacious units, each featuring three bedrooms and one full bathroom, opening the door to multiple possibilities.
The first floor unit is occupied by a long term tenant (month-to-month Rental Agreement) and offers easy single level living with hot water baseboard heat. Upstairs, the second unit is vacant and move in ready after recent updates including fresh interior paint, some new flooring, and new fixtures. This unit is heated by a Rinnai heater with electric baseboard backup and features a charming sun porch, perfect for unwinding after a long day.
Both units include separate laundry hookups, vinyl windows, and thoughtful layouts. Major improvements include a sewer line replacement approximately five years ago and a roof replaced approximately seven years ago. The property also underwent lead paint abatement in 2014, offering peace of mind for future owners.
Outside, enjoy a deep paved driveway for off street parking, a fenced in front yard, and a separate fenced in back yard, a rare find for a multi unit property. This building has consistently generated $51,000 per year in rental income and presents an excellent opportunity for owner occupancy, multi generational living, or renting both units.
Located in an intown neighborhood close to downtown Biddeford, you are minutes from local restaurants, breweries, shops, the riverwalk, and the growing arts and dining scene. Quick access to the Maine Turnpike, nearby beaches, and the University of New England makes this location as convenient as it is exciting.
Strong numbers, smart updates, and a location people love. This is Biddeford living done right.
(Interior photos are virtually staged)
The first floor unit is occupied by a long term tenant (month-to-month Rental Agreement) and offers easy single level living with hot water baseboard heat. Upstairs, the second unit is vacant and move in ready after recent updates including fresh interior paint, some new flooring, and new fixtures. This unit is heated by a Rinnai heater with electric baseboard backup and features a charming sun porch, perfect for unwinding after a long day.
Both units include separate laundry hookups, vinyl windows, and thoughtful layouts. Major improvements include a sewer line replacement approximately five years ago and a roof replaced approximately seven years ago. The property also underwent lead paint abatement in 2014, offering peace of mind for future owners.
Outside, enjoy a deep paved driveway for off street parking, a fenced in front yard, and a separate fenced in back yard, a rare find for a multi unit property. This building has consistently generated $51,000 per year in rental income and presents an excellent opportunity for owner occupancy, multi generational living, or renting both units.
Located in an intown neighborhood close to downtown Biddeford, you are minutes from local restaurants, breweries, shops, the riverwalk, and the growing arts and dining scene. Quick access to the Maine Turnpike, nearby beaches, and the University of New England makes this location as convenient as it is exciting.
Strong numbers, smart updates, and a location people love. This is Biddeford living done right.
(Interior photos are virtually staged)
5 Oak Place, Biddeford, ME 04005 is a 6 bedroom, 2 bathroom, 2,142 sqft multi-family built in 1900. It last sold for $497,500 on Mar 31, 2026 (4% below the $520,000 asking price). It is currently off market. The Trulia Estimate is $496,400, with a rent estimate of $2,304/month.
Home Details for 5 Oak Place
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MLS Status: Closed |
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Interior Details Basement: Interior Entry |
Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 2142 Square Feet |
Appliances & Utilities Utilities: Utilities On |
Heating & Cooling Heating: Baseboard,Direct Vent Heater,Forced Air,Hot Water,ZonedNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: On Site, Circuit BreakersHas Electric on Property |
Windows, Doors, Floors & Walls Flooring: Carpet, Vinyl |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: Multi/SplitFloors: Carpet, Vinyl |
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Exterior Home Features Roof: ShinglePatio / Porch: Glassed-in Porch, PorchNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 2142 Square Feet |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: DuplexArchitecture: New Englander |
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Price List Price: $520,000Price Per Sqft: $232/sqft |
Status Change & Dates Off Market Date: Thu Mar 05 2026 |
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Direction & Address City: Biddeford |
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Building Area Building Area: 2142 Square Feet |
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Lot Area: 3920.4 sqft |
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BasementMls Number: 1650253Above Grade Unfinished Area: 2142 |
Price History for 5 Oak Place
| Date | Price | Event | Source |
|---|---|---|---|
| 03/31/2026 | $497,500 | Sold | Maine Listings #1650253 |
| 03/05/2026 | $520,000 | Pending | Maine Listings #1650253 |
| 02/26/2026 | $520,000 | PriceChange | Maine Listings #1650253 |
| 01/25/2026 | $530,000 | Listed For Sale | Maine Listings #1650253 |
| 10/06/2014 | $117,500 | ListingRemoved | Agent Provided |
| 09/06/2014 | $117,500 | PriceChange | Agent Provided |
| 03/06/2014 | $147,500 | PriceChange | Agent Provided |
| 08/15/2013 | $152,500 | Listed For Sale | Agent Provided |
| 06/30/2008 | $141,900 | Sold | N/A |
Market trends in Biddeford
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
72
10MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $4,660 |
| Assessment | $327,700 |
Home facts updated by county records
Comparable Sales for 5 Oak Place
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.15 | Multi-Family Home | $484,000 | 03/26/26 | 6 | 2 | 2,192 | |
0.07 | Multi-Family Home | $514,000 | 06/04/26 | 5 | 2 | 2,166 | |
0.15 | Multi-Family Home | $378,000 | 09/12/25 | 5 | 2 | 1,791 | |
0.25 | Multi-Family Home | $500,000 | 05/11/26 | 4 | 2 | 1,848 | |
0.11 | Multi-Family Home | $525,000 | 07/09/26 | 5 | 3 | 2,957 | |
0.52 | Multi-Family Home | $482,500 | 09/26/25 | 6 | 2 | 2,100 | |
0.08 | Multi-Family Home | $613,900 | 08/28/25 | 7 | 3 | 2,757 | |
0.35 | Multi-Family Home | $530,000 | 07/17/26 | 4 | 2 | 1,560 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 5 Oak Place.
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.
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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.
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