59 Washington St

Off Market

59 Washington St

Biddeford ME 04005

896 sq. ft.

871.2 sq. ft.

Multi-Family

Last sold for $355,000

Christopher St. Pierre, last sold this property on 03 September 2025 after 0 days on market.

Overview

Investor-ready and ideally located, 59 Washington Street is a well-maintained two-unit multifamily property offering excellent income potential in one of Southern Maine's fastest-growing cities. Situated in a highly desirable neighborhood just off of Main Street, this property boasts strong long-term rental history, and low operating expenses—making it an ideal addition to any investment portfolio or a perfect owner-occupied opportunity. Each unit features efficient layouts, updated systems, and separate utilities for tenant convenience and landlord efficiency. With minimal overhead and consistent cash flow, this property delivers impressive returns for such a compact property. Off-street parking, a walkable location, and proximity to downtown shops, restaurants, breweries, and the Saco River enhance tenant appeal and long-term value. Biddeford continues to attract attention for its revitalized mill district and thriving local economy—making this a smart buy in a market with strong upward momentum. A prior owner had plans approved in 2006 with the city to add a third story. A copy is available. Seller is a Maine real estate licensee. This property is zoned MSRD-1 and has commercial applications as well. Check with the city for potential uses.

Features

2 bathrooms

896 sq. ft. floor area

871.2 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 59 Washington St 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 59 Washington St

2025

Sold

$355,000

03 Sep 2025 by Christopher St. Pierre, of OceanView Properties, Inc.

2019

Sold

$137,500

11 Jul 2019

2014

Sold

$99,000

03 Oct 2014 by Joey Radford, of OceanView Properties, Inc.

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, 50 multi families similar to 59 Washington St, 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