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5 Oak Place, 
Biddeford, ME 04005

$530,000


Bed


2

Baths


2,142

Sq Ft


Multi-Family

Active

Listed by

Bailey Pate

Maine Real Estate Co

Last updated:

February 10, 2026, 04:34 PM

MLS#

1650253

Source:

ME MREIS

About This Home

5 Oak Place

A rare two unit opportunity in the heart of Biddeford that blends flexibility, income, and lifestyle in one smart move. With 2,152 square feet total, this well maintained property offers two spacious units, each featuring three bedrooms and one full bathroom, opening the door to multiple possibilities. The first floor unit is occupied by a long term tenant (month-to-month Rental Agreement) and offers easy single level living with hot water baseboard heat. Upstairs, the second unit is vacant and move in ready after recent updates including fresh interior paint, some new flooring, and new fixtures. This unit is heated by a Rinnai heater with electric baseboard backup and features a charming sun porch, perfect for unwinding after a long day. Both units include separate laundry hookups, vinyl windows, and thoughtful layouts. Major improvements include a sewer line replacement approximately five years ago and a roof replaced approximately seven years ago. The property also underwent lead paint abatement in 2014, offering peace of mind for future owners. Outside, enjoy a deep paved driveway for off street parking, a fenced in front yard, and a separate fenced in back yard, a rare find for a multi unit property. This building has consistently generated $51,000 per year in rental income and presents an excellent opportunity for owner occupancy, multi generational living, or renting both units. Located in an intown neighborhood close to downtown Biddeford, you are minutes from local restaurants, breweries, shops, the riverwalk, and the growing arts and dining scene. Quick access to the Maine Turnpike, nearby beaches, and the University of New England makes this location as convenient as it is exciting. Strong numbers, smart updates, and a location people love. This is Biddeford living done right. (Interior photos are virtually staged)

Home Facts

Multi-Family

2 Baths

Built in 1900

Price Summary

530,000

$247 per Sq. Ft.

MLS #:

1650253

Last Updated:

February 10, 2026, 04:34 PM


Rooms & Interior

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,142 Sq. Ft.


Structure

Structure

Architectural Style:

New Englander

Building Area:

2,142 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

3,920


Finances & Disclosures

Finances

Price:

$530,000

Price per Sq. Ft:

$247 per Sq. Ft.

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MREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & 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

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.