Under $500K Investment Properties for Sale in Biddeford, ME

Biddeford represents a compelling opportunity for investors seeking properties under $500k in a rapidly developing Maine coastal market. The city benefits from development-friendly zoning policies and an active project pipeline that is driving continued appreciation of 3-4% annually. With median rents around $1,936 and strong workforce housing demand fueled by remote work migration from Massachusetts and New York, sub-$500k properties offer solid rental yield potential. The implementation of LD 2003 zoning reforms is opening doors for multi-unit and accessory dwelling unit development, positioning early investors to capitalize on Maine's long-term housing supply gap of 84,000 units by 2030.