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    38 Jefferson St Biddeford, ME 04005

    For Sale
    $475,000

    MULTI_FAMILY - Biddeford, ME

    Property size:
    3,076 SF
    Lot size:
    0.09 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 5 at 9:06 am

    Property Features for 38 Jefferson St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MSRD1
    Rooms
    Bathroom 3, Basement, Bathroom 2, Bathroom 1
    Parking features
    Driveway
    Basement
    Daylight, Unfinished, Dirt Floor, Full
    Size
    3,076 SF
    Lot size
    0.09 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Water source
    Public

    Building Details

    Year built
    1848
    Number of units
    3
    Flooring type
    Wood
    Building materials
    Wood Siding, Wood Frame
    Roof type
    Shingle

    Keller Williams Realty (207) 879-9800 [email protected]

    Listing agent Daniel Weber Nicholas Laverriere (207) 879-9800

    Listing date Nov 19, 2025

    MLS# 1634828 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 Mixed-Use Investment Opportunity

    This three-unit building is located in the heart of Biddeford, within walking distance of downtown and the Mills. The property features a one-bedroom apartment and a commercial unit, previously used as a medical office, on the first floor, along with a large two-bedroom apartment upstairs. Many original details have been preserved. Exterior work has been completed in the last three years, including a new roof and extensive siding work. The property is zoned MSRD1. It offers potential for a professional office space with additional rental income or conversion of the front unit into a residential unit for owner occupancy. The building has a total size of 3076 square feet and is situated on a 0.09-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Biddeford
    County
    York
    State
    Maine
    Longitude
    -70.456923
    Latitude
    43.492182

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    FAQs

    What type of property is this?
    Mixed-use property - Three-unit building near downtown and the Mills, Biddeford.
    Where is this mixed-use property located?
    The property is located at 38 Jefferson St Biddeford, ME.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Prime location: Walking distance to downtown Biddeford and the Mills.; - Multi-unit building: Offers a 1-bedroom apartment, a commercial unit, and a 2-bedroom apartment.; - Income potential: Opportunity for rental income from multiple units or professional office space.
    (207) 879-9800
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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
    38 Jefferson St Biddeford, ME 04005
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