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358 Main St, Biddeford, ME 04005
About this home
Significant price decrease! Looking for an ideal investment opportunity in a perfect location near the Saco River? Earn valuable rental income from this 6-unit apartment complex with all but one unit currently occupied. This unit is currently getting a face lift, almost complete, with beautiful new cabinetry and flooring. This property is in walking distance to boundless restaurants, shopping excursions, and easy access to reliable transportation! Off street parking available as well. Check out this great opportunity! Please not this is also listed as a multifamily sale MLS #1541422
Redfin Estimate
Market trends in 04005, ME
Last updated August 2026
Buyer's Market
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Provided by Redfin
Sale history for 358 Main St
$114/sq ft
$126/sq ft
$138/sq ft
$144/sq ft
$150/sq ft
$156/sq ft
Tax history for 358 Main St
*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
B1
Business Zone
This in the in-town commercial area. It allows for a mixture of commercial and multifamily residential uses. The intent is to support commercial activities to the maximum extent possible, while providing space and opportunities to develop multifamily housing in vacant factory structures and the upper stories of the existing and new structures.Include but are not limited to:
- Gas station
- Bank
- Convenience store
- General retail
- Restaurant
- Housing-Group
- Housing-Multiple units
- Hotel / motel
- Office
- Public service
Property details
Parking
- Parking Information
- Parking Features: 5 - 10 Spaces, Paved, Off Street
Interior
- Bathroom Information
- # of Baths (Full): 6
- Basement Information
- Basement Entry: Walk-Out Access, Brick/Mortar, Unfinished
- Interior Features
- Flooring: Vinyl, Laminate, Carpet
- Other Equipment: Internet Access Available
- Multi-Unit Information
- # of Units Total: 6
- # of 1 Bedroom Units: 4
- # of 2 Bedroom Units: 2
- Operating Expense: $19,162
- Gross Income: $68,940
- Unit 1 Information
- # of Bedrooms: 2
- Actual Rent: $1,050
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: No
- Has Heat: Yes
- Level: Second
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 2 Information
- # of Bedrooms: 1
- Actual Rent: $995
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: Yes
- Has Heat: Yes
- Level: First
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 3 Information
- # of Bedrooms: 1
- Actual Rent: $850
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: Yes
- Has Heat: Yes
- Level: Second
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 4 Information
- # of Bedrooms: 1
- Actual Rent: $950
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: Yes
- Has Heat: Yes
- Level: Second
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 5 Information
- # of Bedrooms: 2
- Actual Rent: $950
- Dedicated Gas Meter: No
- Dedicated Water Heater: No
- Electric: Yes
- Has Heat: Yes
- Level: First
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 6 Information
- # of Bedrooms: 1
- Actual Rent: $950
- 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: Wood Siding, Vinyl Siding, Wood Frame
- Foundation Details: Block, Concrete Perimeter, Brick/Mortar
- Roof: Membrane, Shingle
- Total Building Area (Sq. Ft.): 4,165
- Exterior Features
- Patio & Porch Features: Deck
- Property Information
- Year Built: 1900
- Above-Grade Finished Area (Sq. Ft.): 4,165
- Lot Information
- Lot Size (Sq. Ft.): $9,583.20
- Lot Size (Acres): 0.22
- Lot Size Source: Public Records
- Lot Features: Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Near Public Transit
- Road Surface Type: Paved
- Zoning: B1
Financial
- Tax Information
- Annual Tax Amount: $7,190
- Tax Year: 2021
Utilities
- Utility Information
- Has Heating
- Heating: Baseboard
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Utilities: Utilities On
- Utilities On: Yes
- Water Source: Public
- Water Heater: Off Heating System
Location
- Location Information
- Unparsed Address: 358 Main Street, Biddeford, ME 04005
- Directions: GPS friendly.
Public facts
- Beds: 9
- Baths: 6.0
- Sq. Ft.: 4,165
- Stories: 2.0
- Lot Size: 9,583 square feet
- Style: Multi-Family (5+ Unit)
- Year Built: 1900
- Year Renovated: —
- County: York County
- APN: 160954
Around this home
Schools
Public PreK-K • Assigned • 1.2mi
Public 8-12 • Assigned • 0.5mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.31% chance of being in a wildfire in next 30 years
7 days above 90° expected this year, 18 days in 30 years
67% chance of strong winds in next 30 years
1 unhealthy days expected this year, 1 days in 30 years
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.
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