Bring your vision to life with this versatile Biddeford property offering potential for a second residential unit (buyer to verify with the city). Situated on high-visibility Elm Street with ample road frontage, this property was once home to a neighborhood barber shop on the first floor: ideal for conversion into additional living space, a home business, or a rental unit.
The roof was replaced in 2024, giving you a head start on the updates. Only cosmetic renovations remain to make this property shine. With its flexible layout and prime location, this is a fantastic opportunity for owner-occupants, investors, and entrepreneurs alike.
Enjoy the benefits of living just 5 minutes to downtown Biddeford and Saco, less than 20 minutes to Portland, and about 90 minutes to Boston, all while being minutes from beautiful Southern Maine beaches.
Whether you're looking for a primary home with income potential or your next investment project, 247 Elm Street offers a rare combination of location, visibility, and possibility.
OPEN HOUSE 8/14 FROM 5 PM- 6PM
Closed
$185,000
247 Elm Street, Biddeford, ME 04005
4beds
1,984sqft
Single Family Residence
Built in 1933
3,484 Square Feet Lot
$391,700 Zestimate®
$93/sqft
$2,736 Estimated rent
Home value
$391,700
$356,000 - $423,000
$2,736/mo
Zestimate® history
Owner options
List your home for rent
$2,736/mo
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$2,736/mo
Rent Zestimate®
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$1,184/mo
Est. payment
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$1,184/mo
Est. payment
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List your homeWhat's special
Ample road frontageFlexible layoutHigh-visibility elm street
Zillow last checked:
Listing updated:
Listed by:
On Point Realty
Bought with:
On Point Realty
Source: Maine Listings,MLS#: 1633842
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: First
Bedroom 2
- Level: First
Bedroom 3
- Level: First
Bedroom 4
- Level: First
Kitchen
- Level: First
Laundry
- Level: First
Living room
- Level: First
Other
- Level: Basement
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Flooring: Laminate, Hardwood
- Basement: Interior Entry,Finished,Full
- Has fireplace: No
Interior area
- Total structure area: 1,984
- Total interior livable area: 1,984 sqft
- Finished area above ground: 1,440
- Finished area below ground: 544
Property
Parking
- Total spaces: 1
- Parking features: No Driveway, 1 - 4 Spaces, On Site, On Street, Detached
- Garage spaces: 1
- Has uncovered spaces: Yes
Lot
- Size: 3,484 Square Feet
- Features: City Lot, Near Turnpike/Interstate, Open Lot, Sidewalks
Details
- Parcel number: BIDDM34L43
- Zoning: MSRD2
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Wood Frame, Clapboard
- Roof: Membrane
Condition
- Year built: 1933
Utilities & green energy
- Electric: On Site, Circuit Breakers, Combination
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Biddeford
Financial & listing details
- Price per square foot: $93/sqft
- Tax assessed value: $235,700
- Annual tax amount: $3,352
- Date on market: 8/11/2025
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2025 | Sold | $185,000+5.7%$93/sqft |
Source:  Maine Listings #1633842 Report a problem | ||
| 8/29/2025 | Pending sale | $175,000$88/sqft |
Source: Maine Listings #1633842 Report a problem | ||
| 8/20/2025 | Price change | $175,000-10.3%$88/sqft |
Source: Maine Listings #1633842 Report a problem | ||
| 8/11/2025 | Listed for sale | $195,000$98/sqft |
Source: Maine Listings #1633842 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,352 +8.4% | $235,700 |
| 2023 | $3,092 +1.1% | $235,700 +26.5% |
| 2022 | $3,057 +7.2% | $186,300 +19% |
| 2021 | $2,853 +3% | $156,500 +13.3% |
| 2020 | $2,769 +0.4% | $138,100 |
| 2019 | $2,759 +1.4% | $138,100 |
| 2018 | $2,721 +4.1% | $138,100 +6.1% |
| 2017 | $2,613 +1% | $130,200 |
| 2016 | $2,586 +8.2% | $130,200 -1.9% |
| 2015 | $2,389 +2.5% | $132,700 |
| 2014 | $2,330 -14% | $132,700 -14.2% |
| 2013 | $2,710 +19.2% | $154,600 |
| 2010 | $2,273 +16.7% | $154,600 +51.3% |
| 2006 | $1,947 | $102,200 |
Find assessor info on the county website
Neighborhood: 04005
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Nearby schools
GreatSchools rating
- NAJohn F Kennedy Memorial SchoolGrades: PK-KDistance: 0.9 mi
- 5/10Biddeford High SchoolGrades: 8-12Distance: 0.5 mi
- NABiddeford Primary SchoolGrades: K-2Distance: 1.1 mi
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$391,700
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+$7,834
With Zillow Showcase(estimated)
$399,534
- Maine
- York County
- Biddeford
- 04005
- 247 Elm Street
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