Prime investment opportunity in the heart of downtown Biddeford! Situated on a corner lot, this 2-unit property offers fantastic rental potential or an ideal owner-occupied setup. Unit 2 features a comfortable 1-bedroom, 1-bathroom layout, while Unit 1 provides a spacious 3-bedroom, 1-bathroom floor plan. Complete with a 2-car garage for off-street parking and extra storage space. Enjoy ultimate convenience just steps away from Biddeford's thriving food scene, craft breweries, shops, and revitalized Mill District. Bring your vision and capitalize on one of Southern Maine's fastest-growing downtown markets!
Biddeford Downtown Mill District, located between the Saco River and Main Street, is a historic and industrial Biddeford neighborhood with brick mill blocks and riverfront footbridges. The neighborhood’s character concentrates around Main Street at Water Street, where coffee counters, small galleries, and chef-driven dining share the sidewalks with mill-era storefronts. Palace Diner, Banded Brewing Co., and the City Theater anchor the local rhythm with food, beer, and live performances. Former textile mills frame the streetscape in red brick, tall windows, and repurposed loading bays. River views and pocket parks shape a walkable loop from downtown to the mill buildings. Seasonal events and public art bring extra motion to the sidewalks without changing the working-waterfront feel.
Provided by Walk Score and Local Logic
Market insights
42 Summer St · $364,900
DAYS ON MARKET
76 days
The average home goes pending in 63 days.
SALE-TO-LIST
100.2%
Most homes are selling 0% above list price.
LIST PRICE
$364,900
Median list price in this area is $504,117. (38% higher than this home)
PRICE DROP
2 price drops
21% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Attic
Bedrooms
Unit 1: 1 bedroom (second level)
Unit 2: 3 bedrooms (first level)
Bathrooms
Total full bathrooms: 2
Unit 1: 1 full bath
Unit 2: 1 full bath
Kitchen
Unit 1: Refrigerator included
Unit 2: Refrigerator included
Laundry & utility
Laundry located on upper level
Unit 1 has dedicated electric meter
Unit 2 has dedicated electric meter
Flooring
Carpet
Laminate
Vinyl
Heating & cooling
Baseboard heating
Circuit breaker electrical service
Exterior features
Corner lot
Intown location
Paved road access
Home design
Multi-level building
Built in 1880
Parking
Detached 2-car garage
Paved parking with 1–4 spaces
Construction
Wood frame construction with aluminum siding
Stone foundation
Shingle roof
Utilities
Public water
Public sewer
Water heater tied to heating system (off heating system)
Other
Zoned MSRD2
Property configured as 2 units (one 1-bedroom unit and one 3-bedroom unit)
Electricity and solar
View estimated energy costs and solar savings for this home
Opportunity knocks with the solid investment property. 2 Unit with desirable Off street parking plus 2 car garage. Laundry hook ups, loads of natural light, and a convenient location close to everything. Don't miss this one.
MREIS #347831
Feb 28, 2000
Listed
$76,900
$33/sq ft
MREIS #244222
May 25, 1998
Listed
$70,000
$30/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,521 (+6.3%)
$122,800 + $179,800
$302,600
2024
$4,255 (+9.4%)
$122,800 + $176,400
$299,200
2023
$3,891 (+23.9%)
$122,800 + $173,800
$296,600
2022
$3,141 (+5.3%)
$59,400 + $132,000
$191,400
2021
$2,982 (+9.5%)
$48,600 + $115,000
$163,600
2020
$2,723 (+0.4%)
$37,800 + $98,000
$135,800
2019
$2,713 (+1.4%)
$37,800 + $98,000
$135,800
2018
$2,675 (+1.1%)
$37,800 + $98,000
$135,800
2017
$2,645 (+1.0%)
$37,800 + $94,000
$131,800
2016
$2,618 (+2.0%)
$37,800 + $94,000
$131,800
2015
$2,566 (−13.7%)
$37,800 + $94,000
$131,800
2013
$2,975
$61,500 + $108,200
$169,700
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
4,356 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,124
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,124
Year built
1880
Style
Multi-Family (2-4 Unit)
County
York County
APN
161692
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 30, 2026.
MSRD2
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:
Housing-Single unit
Housing-Multiple units
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
64% 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
82
62
79
55
73
51
62
42
50
32
36
19
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
79/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 42 Summer St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $415,000 and $450,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $415K to $450K.