




8 Piersons Lane, Biddeford, ME, 04005
About This Home
This updated duplex offers a solid opportunity for both investors and owner-occupants. The townhouse-style units feature living space on the first floor with 2 bedrooms and a full bathroom upstairs. Major improvements completed in 2020 include a new roof, heat pumps, hot water heaters, flooring, and updated kitchens and bathrooms. Each unit has its own heat pump system, allowing tenants to pay their own heating costs. Located within walking distance of Biddeford's Mill District, you'll have easy access to restaurants, breweries, shops, and entertainment while enjoying the convenience of an in-town location.
Getting Around
Schools
Construction
Condition
- Year built: 1873
Materials
- Roof: Shingle
- Construction materials: Wood Frame,Vinyl Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Cape Cod
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Interior Entry,Full,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
Features
- Flooring: Vinyl
- Finished area below ground: 0
- Finished area above ground: 1,920
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Heat Pump
Interior Area
- Total structure area: 1,920
- Total interior livable area: 1,920 sqft
Property
Details
- Parcel number: BIDDM41L126
- Zoning: MSRD2
Lot
- Lot size: 5,227 sqft
- Features: City Lot,Near Shopping,Near Town,Near Railroad,Sidewalks
Parking
- Total spaces: 3
- Parking features: Paved,1 - 4 Spaces
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Ice Storm
- Hurricane
- Inland Flooding
- Lightning
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Maine Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,270 | $27,240 |
| Home Insurance | $110 | $1,320 |
| Property Taxes | $515 | $6,180 |
| Electricity | $279 | $3,349 |
| Total | $3,174 | $38,088 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-15 | Listed for sale | $449,000 |
| 2026-07-14 | Pending sale | $449,000 |
| 2026-07-08 | Listed for sale | $449,000 |
For Sale by Agent
