Turn key 16 unit mixed use building located in the heart of Biddeford which is one of Maine's fastest growing cities! This building offers (7) - 1 bedrooms, (7) - 2 Bedrooms, (1) -3 bedroom + (1) leased commercial garage space & office + 9 +/- parking spaces. All units have been updated including new flooring, granite, paint, bathrooms, + Wi-Fi camera/surveillance & fire suppression system! Please don't miss the opportunity to own an easy to manage building close to everything!
Multi-familyProperty Type
1900Year Built
10,018 sq ftLot Size
$197Price/Sq.Ft.
5 car garageParking
Listed by Thomas Gadbois• F.O. Bailey Real Estate
Bought with Christopher Sullivan• Vitalius Real Estate Group, LLC
We are pleased to offer this 15-unit res. property (7 one-bed, 7 two-bed, and one 3-bed) + an office & a garage unit w/ overhead door and work space. Many units boast recent upgrades, incl. appliances, cabinets, flooring, paint, counters, bathrooms, windows and insulation. Four off-street parking spaces + on-street parking. Currently there is an on-site manager. Outstanding investment opportunity!
MREIS #1313972
Sep 25, 2017
Price Changed
$1,224,000
$105/sq ft
Sep 5, 2017
Price Changed
$1,334,000
$115/sq ft
Aug 24, 2017
Price Changed
$1,344,000
$115/sq ft
Jun 22, 2017
Listed
$1,365,000
$117/sq ft
MREIS #267098
Jan 9, 1999
Listed
$249,900
$21/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$24,283 (+6.7%)
$358,900 + $1,266,500
$1,625,400
2024
$22,766 (+8.4%)
$358,900 + $1,242,100
$1,601,000
2023
$21,005 (+30.9%)
$358,900 + $1,242,100
$1,601,000
2022
$16,052 (+7.0%)
$247,700 + $730,500
$978,200
2021
$15,000 (+10.9%)
$202,600 + $620,200
$822,800
2020
$13,522 (+0.3%)
$157,600 + $516,800
$674,400
2019
$13,475 (+1.4%)
$157,600 + $516,800
$674,400
2018
$13,286 (+15.1%)
$157,600 + $516,800
$674,400
2017
$11,542 (+23.9%)
$157,600 + $417,500
$575,100
2016
$9,314 (+2.0%)
$157,600 + $311,400
$469,000
2015
$9,131 (−11.7%)
$157,600 + $311,400
$469,000
2013
$10,343
$221,400 + $368,600
$590,000
Tax history for 159 Elm St
Year
Property tax
Land + Additions
Assessment*
2025
$24,283 (+6.7%)
$358,900 + $1,266,500
$1,625,400
2024
$22,766 (+8.4%)
$358,900 + $1,242,100
$1,601,000
2023
$21,005 (+30.9%)
$358,900 + $1,242,100
$1,601,000
2022
$16,052 (+7.0%)
$247,700 + $730,500
$978,200
2021
$15,000 (+10.9%)
$202,600 + $620,200
$822,800
2020
$13,522 (+0.3%)
$157,600 + $516,800
$674,400
2019
$13,475 (+1.4%)
$157,600 + $516,800
$674,400
2018
$13,286 (+15.1%)
$157,600 + $516,800
$674,400
2017
$11,542 (+23.9%)
$157,600 + $417,500
$575,100
2016
$9,314 (+2.0%)
$157,600 + $311,400
$469,000
2015
$9,131 (−11.7%)
$157,600 + $311,400
$469,000
2013
$10,343
$221,400 + $368,600
$590,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
9
Baths
9
Stories
2
Lot width
—
Lot depth
—
Lot size
10,019 Sq. Ft.
Year renovated
—
Sq. Ft.
10,193
Year built
1900
Style
Multi-Family (5+ Unit)
County
York County
APN
161076
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 30, 2026.
MSRD1
Main Street Revitalization District
The commercial core district where the intent is to preserve the historic character of Biddeford while promoting the growth of businesses and residences in the district.
Permitted uses
Include but are not limited to:
Convenience store
General retail
Restaurant
Housing-Multiple units
Bed & breakfast
Hotel / motel
Office
Public service
Library
Museum / gallery
Property details
Parking
Parking Information
Has Garage
# of Garage Spaces: 5
Parking Features: 5 - 10 Spaces, Paved, Off Street
Vehicle Storage: Other Vehicle Storage
Interior
Virtual Tour
Bathroom Information
# of Baths (1/2): 2
# of Baths (Full): 15
Basement Information
Basement Entry: Unfinished
Interior Features
Interior Features: Other, Storage
Flooring: Carpet
Multi-Unit Information
# of Units Total: 16
# of 1 Bedroom Units: 7
# of 2 Bedroom Units: 7
# of 3 Bedroom Units: 2
Operating Expense: $91,672
Gross Income: $272,364
Unit 1 Information
# of Bedrooms: 2
Actual Rent: $1,842
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 2 Information
# of Bedrooms: 2
Actual Rent: $1,350
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 3 Information
# of Bedrooms: 3
Actual Rent: $1,750
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: No
Sewer: Yes
Water: Yes
Unit 4 Information
# of Bedrooms: 1
Actual Rent: $1,100
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 5 Information
# of Bedrooms: 2
Actual Rent: $1,625
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 6 Information
# of Bedrooms: 1
Actual Rent: $1,100
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 7 Information
# of Bedrooms: 1
Actual Rent: $1,350
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 8 Information
# of Bedrooms: 2
Actual Rent: $1,360
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 9 Information
# of Bedrooms: 1
Actual Rent: $1,350
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Unit 10 Information
# of Bedrooms: 1
Actual Rent: $1,100
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes
Exterior
Building Information
Construction Materials: Brick, Masonry
Roof: Composition, Fiberglass, Shingle
Total Stories: 2
Total Building Area (Sq. Ft.): 11,650
Property Information
Year Built: 1900
Above-Grade Finished Area (Sq. Ft.): 11,650
Levels: Multi-Level
Lot Information
Lot Size (Sq. Ft.): $10,018.80
Lot Size (Acres): 0.23
Lot Size Source: Public Records
Lot Features: Open, Level, Sidewalks, Intown, Near Shopping, Neighborhood
Road Surface Type: Paved
Zoning: MSRD1
Financial
Tax Information
Annual Tax Amount: $16,052
Tax Year: 2022
Utilities
Utility Information
Has Heating
Heating: Hot Water
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities On: No
Water Source: Public
Water Heater: Gas
Location
Location Information
Unparsed Address: 159 Elm Street, Biddeford, ME 04005
Directions: GPS
Public facts
Beds: 9
Baths: 9.0
Sq. Ft.: 10,193
Stories: 2.0
Lot Size: 10,019 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1900
Year Renovated: —
County: York County
APN: 161076
Home facts updated by county records on Jul 30, 2026
Around this home
Schools
John F Kennedy Memorial School
Public PreK-K • Assigned • 1.1mi
Biddeford High School
Public 8-12 • Assigned • 0.6mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 90° expected this year, 18 days in 30 years
6/10 Wind Factor
67% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Biddeford, ME • 04005
Average low and high temperatures (°F)
31
14
34
13
46
27
55
36
65
47
77
56
81
62
79
55
73
52
62
41
50
32
36
19
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.6 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.