5 Oak Place

Off Market

5 Oak Place

Biddeford ME 04005

2142 sq. ft.

3920.4 sq. ft.

Multi-Family

Last sold for $497,500

Bailey Pate, last sold this property on 31 March 2026 after -156 days on market.

Overview

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)

Features

2 bathrooms

2142 sq. ft. floor area

3920.4 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Biddeford over the last 12 months, the estimated median property value of 5 Oak Place is $522.5k.

Median value

$522.5k

Estimated value range

$81k - $1.43m

Median days on market

Estimated value trend

-15%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Biddeford. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5 Oak Place

2026

Sold

$497,500

31 Mar 2026 by Bailey Pate, of Maine Real Estate Co

Happy sellers in Biddeford

We have insufficient information to provide an overview of customer satisfaction for Biddeford. Viewing the agent profiles, reviews and sales for Biddeford can provide insights for this location.

Local market activity for multi families in Biddeford

In the last 12 months, 49 multi families similar to 5 Oak Place, have been sold.

This represents a 8% increase in multi families sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Biddeford for a market analysis.

Cindy Powell

at Hearth & Key Realty

(112 reviews)

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JoJo Collins

at Realty ONE Group Next Level | Portsmouth

(12 reviews)

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Sothear Kim

at Realty ONE Group Next Level | Portsmouth

(2 reviews)

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Lisa Collins

at eXp Realty, LLC (E - SR14 - Maine)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Biddeford

Cindy Powell

Sellers who recommend Cindy Powell have praised them for being local expert, responsive, clear communication, supportive, patient, dedicated, and well-prepared