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!
Pending
Price cut: $25K (5/26)
$825,000
642 Limerick Road, Arundel, ME 04046
6beds
3,570sqft
Multi Family
Built in 1972
-- sqft lot
$795,600 Zestimate®
$231/sqft
$-- HOA
What's special
Renovations to multiple unitsRoofing improvements
- 25 days |
- 1,141 |
- 46 |
Zillow last checked:
Listing updated:
Listed by:
On Point Realty
Source: Maine Listings,MLS#: 1661869
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
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Pending sale | $825,000$231/sqft |
Source: | ||
| 5/26/2026 | Price change | $825,000-2.9%$231/sqft |
Source: | ||
| 5/12/2026 | Listed for sale | $850,000+119.6%$238/sqft |
Source: | ||
| 1/17/2020 | Sold | $387,000-6.7%$108/sqft |
Source: | ||
| 10/30/2019 | Listed for sale | $415,000$116/sqft |
Source: Downing Real Estate Agency, Inc. #1434933 Report a problem | ||
| 10/30/2019 | Pending sale | $415,000$116/sqft |
Source: Downing Real Estate Agency, Inc. #1434933 Report a problem | ||
| 10/1/2019 | Listed for sale | $415,000$116/sqft |
Source: Downing Real Estate Agency, Inc. #1434918 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.
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
Nearby schools
GreatSchools rating
- 9/10Mildred L Day SchoolGrades: K-5Distance: 0.2 mi
- 10/10Middle School Of The KennebunksGrades: 6-8Distance: 3.2 mi
- 9/10Kennebunk High SchoolGrades: 9-12Distance: 3.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- York County
- Arundel
- 04046
- 642 Limerick Road





