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Triplex with In-Unit Laundry
New
For Sale
$595,000

25 Clifford Street, Biddeford, ME 04005

Multi-Family, Biddeford, ME

Property Size3,429 SF
Lot Size0.17 Acres
Price / SF$173.52
Days on Market1

Property Features for 25 Clifford Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R2
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bathroom 2, Bathroom 1
Parking features Off Street
Patio and Porch features Deck
Pets allowed No
Basement Crawl Space, Unfinished, Dirt Floor
Lot features Rolling/ Sloping, Sidewalks, Near Golf Course, Near Shopping, Near Town, Near Public Transit
Standard status Active
Size 3,429 SF
Lot size 0.17 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6557

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Baseboard, Propane (Heating)
Water source Public
Water front features Stream, Ocean Front
Water front 1

Amenities

in-unit laundry

Building Details

Year built 1900
Floors in Building 3
Number of units 3
Flooring type Laminate, Vinyl, Tile
Building materials Wood Frame, Vinyl Siding
Roof type Metal
Architectural style Colonial
Listing Agency: Landing Real Estate
Listed By: Matthew DiBiase
Added: Oct 23 Last Checked: Oct 23 at 7:06PM
MLS# 1685410

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 3,429-square-foot triplex contains three apartments, each with its own laundry. Enclosed exterior stairways include space for small sitting areas. The property was built in 1900 and has R2 zoning.

Two separate driveways, divided by a retaining wall, provide off-street parking. I-95 is approximately 10 minutes away.

Key Highlights

  • Three apartments, each with its own laundry
  • 3,429 square feet on 0.17 acres
  • Two separate driveways provide off‑street parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$52,993
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,059,860 $1.1M
Cap Rate 7%
$757,043 $757.0K
Cap Rate 9%
$588,811 $588.8K
Market Conditions
NOI Build-Up for 3,429 SF
Gross rent
$101.6K $29.64/SF
− Vacancy
−$5.3K −$1.54/SF
EGI
$96.4K $28.10/SF
− OpEx
−$43.4K −$12.64/SF
NOI
$53.0K $15.45/SF
Area
York County, ME
Vacancy
5.20%
Lease Rate
$29.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,059,860
Cap Rate 7%
$757,043
Cap Rate 9%
$588,811

Alternative Uses

Best Use
Multifamily LT 5
$829.2K
$725.6K – $967.5K (±1% cap)
NOI $58,047 @ 7.0% cap · market cap 9.76%
Second Best
Apartment 5plus
$757.0K
$662.4K – $883.2K (±1% cap)
NOI $52,993 @ 7.0% cap · market cap 8.91%
Theoretical Best
Office A
$1.09M
$951.1K – $1.27M (±1% cap)
NOI $76,088 @ 7.0% cap · market cap 12.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,235
Businesses Nearby

Demographics for 04005, ME

24,581
Population
11,001
Households
2.2
Avg Household Size
39
Median Age
29%
College-Educated
95%
High-School Grad
47.9 sq mi
ZIP Area
513
Density / Sq Mi
$71,268
Median Household Income
$39,176
Median Earnings
$1,186
Median Rent
$351,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Two driveways offer off-street parking, with I-95 about 10 minutes away.
Where is this triplex located?
The property is located at 25 Clifford Street Biddeford, ME.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Three apartments, each with its own laundry; 3,429 square feet on 0.17 acres; Two separate driveways provide off‑street parking
More about this property
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