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Pending
  • Price cut: $25K (5/26)
    $825,000

    642 Limerick Road, Arundel, ME 04046

    6beds
    3,570sqft
    : 
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    Multi Family
    Built in 1972
    -- sqft lot
    $795,600 Zestimate®
    $231/sqft
    $-- HOA

    What's special

    Renovations to multiple unitsRoofing improvements
    Exceptional investment opportunity in the heart of Arundel. Set on approximately 3 acres, this versatile multi-unit property features 4 residential units, including a spacious 3-bedroom unit, along with 8 garage bays offering excellent additional income potential, storage, workshop space, or flexibility for a variety of uses. Whether you're looking to offset expenses through rental income, expand your portfolio, or secure a property with strong cash flow potential in a highly convenient Southern Maine location, this property offers flexibility and multiple income streams already in place. Extensively improved over recent years, the property has seen numerous updates including roofing improvements, exterior paint and siding work, septic upgrades, heating and hot water system updates, water treatment additions, regrading, and renovations to multiple units, helping position the property as a strong opportunity for both investors and owner occupants alike. Conveniently located just minutes from downtown Biddeford, shopping, restaurants, and everyday amenities including Target, while also offering easy access to the beaches of both Biddeford and Kennebunk. Approximately 20 minutes to Portland and about 1 hour 15 minutes to Boston. Arundel residents currently have school attendance options that may include Kennebunk High School, Biddeford High School, or Thornton Academy. Buyers are encouraged to verify enrollment details directly with the applicable school departments. A rare combination of acreage, garage space, income potential, and location in one of Southern Maine's most convenient locations!
    25 days
    |
    1,141
    |
    46
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    On Point Realty

    Source: Maine Listings,MLS#: 1661869MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      • Full bathrooms: 4
      Heating
      • Baseboard, Direct Vent Heater, Zoned
      Cooling
      • None
      Features
      • 1st Floor Bedroom, Bathtub, Storage, Walk-In Closet(s)
      • Flooring: Carpet, Tile, Vinyl, Wood, Luxury Vinyl
      • Basement: None
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 3,570
      • Total interior livable area: 3,570 sqft
      • Finished area above ground: 3,570
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 8
      • Parking features: Gravel, Paved, 11 - 20 Spaces, Off Street, Garage Door Opener, Detached
      • Garage spaces: 8
      Accessibility
      • Accessibility features: Level Entry
      Features
      • Patio & porch: Deck, Patio, Porch
      • Has view: Yes
      • View description: Trees/Woods
      • Body of water: Brook - Name unknown
      • Frontage length: Waterfrontage: 100,Waterfrontage Owned: 100
      Lot
      • Size: 3 Acres
      • Features: Near Shopping, Near Turnpike/Interstate, Rural, Level, Open Lot, Wooded
      Details
      • Additional structures: Outbuilding, Shed(s)
      • Zoning: R-2

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other,Ranch
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Wood Siding
      • Roof: Membrane
      Condition
      • Year built: 1972

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Private Sewer
      • Water: Private, Well
      • Utilities for property: Utilities On

      Community & HOA

      Location
      • Region: Arundel

      Financial & listing details

      • Price per square foot: $231/sqft
      • Annual tax amount: $4,631
      • Date on market: 5/12/2026
      • Road surface type: Paved

        Estimated market value

        $795,600

        $756,000 - $835,000

        $4,980/mo

        Price history

        DateEventPrice
        5/28/2026Pending sale$825,000$231/sqft
        Source: Maine Listings #1661869 Report a problem
        5/26/2026Price change$825,000-2.9%$231/sqft
        Source: Maine Listings #1661869 Report a problem
        5/12/2026Listed for sale$850,000+119.6%$238/sqft
        Source: Maine Listings #1661869 Report a problem
        1/17/2020Sold$387,000-6.7%$108/sqft
        Source: Maine Listings #1434918 Report a problem
        10/30/2019Listed for sale$415,000$116/sqft
        Source: Downing Real Estate Agency, Inc. #1434933 Report a problem
        10/30/2019Pending sale$415,000$116/sqft
        Source: Downing Real Estate Agency, Inc. #1434933 Report a problem
        10/1/2019Listed for sale$415,000$116/sqft
        Source: Downing Real Estate Agency, Inc. #1434918 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: 04046

          Getting around

          3 / 100
          Car-Dependent
          31 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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