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    138 Summer St Biddeford, ME 04005

    For Sale
    $680,000

    MULTI_FAMILY - Cape Cod - Biddeford, ME

    Property size:
    2,362 SF
    Lot size:
    0.43 Acres
    Days on Market:
    22
    Last Refresh:
    Dec 5 at 9:06 am

    Property Features for 138 Summer St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R2
    Rooms
    Bathroom 3, Bathroom 2, Bathroom 1, Bathroom 4
    Basement
    Sump Pump, Crawl Space, Dirt Floor
    Size
    2,362 SF
    Lot size
    0.43 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard, Zoned, Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1880
    Number of units
    3
    Flooring type
    Tile, Vinyl, Wood
    Building materials
    Vinyl Siding, Wood Frame
    Roof type
    Shingle
    Architectural style
    Cape Cod

    Maine Real Estate Co (207) 229-5449 [email protected]

    Listing agent Mike Sahabo (207) 292-1030

    Listing date Nov 14, 2025

    MLS# 1640920 Listing URL

    Copyright © 2025 Maine Real Estate Information System, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Biddeford Triplex: Investment Opportunity

    This well-maintained 3-unit property is located in Biddeford, Maine, and offers potential for future development on its generous 0.43-acre lot. The property is suitable for both owner-occupants and investors. It features a spacious 4-bedroom, 2-bath townhouse-style unit, along with two updated 1-bedroom, 1-bath apartments that generate rental income. The property's total size is 2,362 square feet. The current rents are at market value, with room for continued growth. The location is convenient, with proximity to UNE, Biddeford Pool, sandy beaches, local restaurants, grocery stores, and major highways. The zoning is R2.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Biddeford
    County
    York
    State
    Maine
    Longitude
    -70.457703
    Latitude
    43.485928

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    FAQs

    What type of property is this?
    Triplex - Well-maintained 3-unit property in Biddeford, Maine with development potential.
    Where is this triplex located?
    The property is located at 138 Summer St Biddeford, ME.
    What is the asking price?
    The asking price for this property is $680,000.
    What are key features of this property?
    This property features: - Income-producing 3-unit property with strong rental income and potential for rent growth.; - Spacious 4-bedroom, 2-bath townhouse-style unit ideal for owner-occupancy.; - Generous lot with potential for future development.
    (207) 292-1030
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    138 Summer St Biddeford, ME 04005
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    138 Summer St Biddeford, ME 04005
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