79 Hill Street, Biddeford, ME 04005
Property image
Property image
PENDING

$925,000

  • 10 Beds
  • 5 Baths
  • 5,524 sqft

79 Hill Street, Biddeford, ME 04005

Est. Mortgage $5,739/mo*
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Home Highlights

Multi-Family
Built in 1900
$167/sqft

Local Information

  • Map ViewExplore the area around 79 Hill Street.
  • Schools1 Preschool School4 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination
Last check for updates: about 24 hours ago
Listing courtesy of Keller Williams Realty
Source: Maine Listings, MLS#1673689
Also Listed on Maine Listings.

About this House

Turnkey 5-Unit Investment with Strong Cash Flow in One of Southern Maine's Fastest-Growing Markets

An outstanding opportunity to acquire a fully occupied 5-unit multifamily property in the heart of downtown Biddeford. Producing $8,995 per month ($107,940 annually) in gross rental income, this property offers investors immediate cash flow with a projected NOI of approximately $85,400, including an 8% professional management allowance, and an attractive 9.2% cap rate at the current asking price.

Each apartment offers spacious two-bedroom layouts that continue to see strong rental demand in Biddeford's thriving housing market. Public water and sewer, low owner-paid utility expenses, and professionally analyzed operating numbers make this an ideal addition to any investment portfolio.

Located just minutes from Main Street, residents enjoy easy access to restaurants, breweries, shopping, the Amtrak Downeaster, UNE, beaches, and the Biddeford RiverWalk. With continued redevelopment and investment throughout downtown, Biddeford remains one of Maine's strongest rental markets.

Investment Highlights
- Five-unit multifamily building
- Current monthly rent roll: $8,995
- Annual gross scheduled rent: $107,940
- Estimated NOI: $85,429
- Approximate 9.24% cap rate
- Strong 1.32 DSCR under conservative financing assumptions
- Public water & public sewer
- Excellent long-term investment in a high-demand rental location
- Opportunity for future rent growth while benefiting from immediate income

Whether you're completing a 1031 exchange, expanding an existing portfolio, or entering Southern Maine's multifamily market, 79 Hill Street delivers the combination of stable income, attractive returns, and long-term appreciation potential that investors are searching for.

Home Details for 79 Hill Street

Active Status

MLS Status: Pending

Interior Features

Interior Details
Basement: Exterior Entry,Interior Entry,Walk-Out Access,Crawl Space,Full,Unfinished
Beds & Baths
Number of Bedrooms: 10Number of Bathrooms: 5Number of Bathrooms (full): 5
Dimensions and Layout
Living Area: 5524 Square Feet
Heating & Cooling
Heating: RadiatorNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Radiator
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Window: Double Pane Windows, Storm Window(s)Flooring: Laminate, Tile, Vinyl, Wood
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3Levels: Multi/SplitFloors: Laminate, Tile, Vinyl, Wood

Exterior Features

Exterior Home Features
Roof: ShingleFoundation: Brick/MortarNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: No Driveway,None
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 5524 Square Feet

Days on Market

Days on Market: 55

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: DuplexArchitecture: Other
Building
Construction Materials: Wood Frame, Vinyl Siding

Price & Status

Price
List Price: $925,000Price Per Sqft: $167
Status Change & Dates
Off Market Date: Tue Aug 11 2026

Location

Direction & Address
City: Biddeford

Agent Information

Listing Agent
Listing ID: 1673689

Building

Building Area
Building Area: 5524 Square Feet

Lot Information

Lot Area: 6098.4 sqft

Offer

Listing Terms: 1031 Exchange, Cash

Miscellaneous

BasementMls Number: 1673689Above Grade Unfinished Area: 5524

Around this home

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.

  • 82 % 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

Market trends in Biddeford

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$523K
Sale-to-List Price
—
Price per sq ft
$303
Available listings
74
10MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
16 Piersons Lane, Biddeford, ME
0.20
Multi-Family Home
$672,000
10/10/25
14
3
4,623
16 Hill Street, Biddeford, ME
0.19
Multi-Family Home
$587,000
05/18/26
5
3
3,448
50 Green Street, Biddeford, ME
0.40
Multi-Family Home
$450,000
09/30/25
7
3.5
3,436
36-38 Pool Street, Biddeford, ME
0.04
Multi-Family Home
$484,000
03/26/26
6
2
2,192
17 Wentworth Street, Biddeford, ME
0.43
Multi-Family Home
$740,000
07/02/26
8
4
5,086
31 Crescent Street, Biddeford, ME
0.36
Multi-Family Home
$855,000
09/18/26
10
4
3,704
38 South Street, Biddeford, ME
0.34
Multi-Family Home
$900,000
01/16/26
6
5.5
4,428
330 Main Street, Biddeford, ME
0.50
Multi-Family Home
$900,000
07/31/26
10
7
5,069
39 Green Street, Biddeford, ME
0.37
Multi-Family Home
$430,000
12/12/25
8
3
2,872
38-40 Middle Street, Biddeford, ME
0.10
Multi-Family Home
$514,000
06/04/26
5
2
2,166

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
11 Chapel Street, Biddeford, ME 04005
0.06
-
-
-
-
Off Market
36-38 Pool Street, Biddeford, ME 04005
0.04
$484,000
6
2
2,192
Recently Sold
62 Sullivan Street, Biddeford, ME 04005
0.07
$549,100
4
2
2,414
Off Market
17 King Street, Biddeford, ME 04005
0.09
$626,800
6
4
2,714
Off Market
99 Hill Street, Biddeford, ME 04005
0.04
$622,900
7
3
2,757
Off Market
20 Chapel Street, Biddeford, ME 04005
0.07
$784,200
12
4
4,030
Off Market
58 Sullivan Street, Biddeford, ME 04005
0.09
$395,400
3
1
1,555
Off Market
49 Foss Street, Biddeford, ME 04005
0.09
$714,000
7
4
3,037
Off Market
42 Summer Street, Biddeford, ME 04005
0.06
$384,900
4
2
2,327
For Sale
11 King Street, Biddeford, ME 04005
0.10
$894,900
11
5
3,853
For Sale
20-22 Middle Street, Biddeford, ME 04005
0.05
$621,800
6
3
2,520
Off Market
73 Pool Street, Biddeford, ME 04005
0.08
$737,700
10
4
4,068
Off Market

Price and Tax history

DateEventPrice
Aug 21, 2026
Source: Maine Listings #1673689
Pending
$925,000
Jul 27, 2026
Source: Maine Listings #1673689
Listed For Sale
$925,000
May 28, 2025
Source: Maine Listings #1618663
Sold
$409,900
Apr 18, 2025
Source: Maine Listings #1618663
Pending
$409,900
Apr 10, 2025
Source: Maine Listings #1618663
Listed For Sale
$409,900

LGBTQ Local Legal Protections

Keller Williams Realty
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.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 206-424-8443

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Frequently asked questions about 79 Hill Street

  • What is the estimated monthly payment for 79 Hill Street?
    Based on a $925,000 list price with 20% down at today's rates, the estimated monthly payment for 79 Hill Street in Biddeford, ME is approximately $5,803 (about $5,057 principal & interest, $671 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 79 Hill Street compare to homes in Biddeford?
    79 Hill Street in Biddeford, ME is listed at $925,000, about 77% above the $523K median sale price in Biddeford.
  • What do residents say about Biddeford?
    Residents describe Biddeford, ME as pedestrian-friendly, dog-friendly, and easy to park in. See homes for sale in Biddeford, ME.
  • What are the closest schools to 79 Hill Street?
    The closest schools to 79 Hill Street in Biddeford, ME are Biddeford High School (Middle, rated 5/10), Biddeford Intermediate School (Elementary, rated 6/10), Biddeford Middle School (Elementary, rated 3/10).
79 Hill Street, Biddeford, ME 04005 is a 10 bedroom, 5 bathroom, 5,524 sqft multi-family built in 1900. This property is currently available for sale and was listed by Maine Listings on Jul 27, 2026. The MLS # for this home is MLS# 1673689.