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Multifamily Property with Waterfront
For Sale
$1,995,000

475-477 South Street, Biddeford, ME 04005

Multi-Family, Biddeford, ME

Property Size3,554 SF
Lot Size20.00 Acres
Price / SF$561.34
Days on Market79

Property Features for 475-477 South Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RF, SR1, RP1
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 5, Basement, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 1
Parking features Heated
Security features Security System
Patio and Porch features Deck, Patio
Pets allowed No
Interior features Other Amenities, Walk-in Closets, In-Law Apartment, 1st Floor Bedroom, Attic, Bathtub, Pantry, Storage, Primary Bedroom w/Bath
Fencing Fenced
Basement Full, Unfinished, Partial
Lot features Well Landscaped, Pasture/ Field, Agricultural, Farm, Level, Sidewalks, Wooded, Near Golf Course, Near Public Beach, Near Turnpike/ Interstate, Near Town, Rural, Suburban
Standard status Active
Size 3,554 SF
Lot size 20.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 152

Utilities

Sewer type Private Sewer, Septic Tank
Heating system Forced Air, Baseboard, Hot Water(Heating), Oil
Cooling system Central Air
Water source Public
Water front features Stream
Water front 1

Amenities

pool
pool house

Building Details

Year built 1900
Number of units 3
Flooring type Carpet, Wood, Tile, Vinyl
Building materials Wood Frame, Vinyl Siding, Wood Siding
Roof type Shingle
Architectural style Victorian
Additional Structures Storage, Outbuilding, Other
Listing Agency: F.O. Bailey Real Estate
Listed By: Thomas Gadbois · License #BA918504
Added: Jun 18 Changed: Sep 3 Last Checked: Sep 4 at 9:06AM
MLS# 1665794

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.

Investment Insights

Based on property information with market context.

Set on 20 acres at 475-477 South Street, this multifamily property combines a 3,554-square-foot Victorian farmhouse with additional residential and utility improvements. The primary home includes 5 bedrooms and 3 bathrooms, while the property also offers a separate 3-bedroom, 1-bath cottage and a 2-bedroom, 1-bath in-law apartment. Interior features include storage, a pantry, walk-in closets, and a first-floor bedroom. Central air, forced-air and baseboard heating, public water, and private septic systems are included.

The improvements extend well beyond the residences, with a 3-car garage, an oversized 2+ car garage with finished space above, a 6,800± square-foot storage garage, a pool house, and a fenced animal barn. Approximately 287 feet of frontage on Swans Pond Brook provides direct water access with boating access to the Saco River. The property borders approximately 300 acres of conservation land and is located near downtown Biddeford, Kennebunk, Kennebunkport, Portland, and Boston. Zoning includes RF, SR1, and RP1.

Key Highlights

  • 20‑acre multifamily property with multiple residential improvements
  • 3,554 square feet in the primary farmhouse
  • 5‑bedroom, 3‑bath Victorian farmhouse

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Electrical Service Plumbing Service Storage Facility Kitchen & Bath Showroom Barber Shop Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

9
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily offering with multiple residences, extensive outbuildings, and direct access to Swans Pond Brook.
Where is this multifamily property located?
The property is located at 475-477 South Street Biddeford, ME.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 20‑acre multifamily property with multiple residential improvements; 3,554 square feet in the primary farmhouse; 5‑bedroom, 3‑bath Victorian farmhouse
More about this property
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