Closed
Last Sold Price
$460,000
6 beds2,868 sqft

30 Rivers Edge Rd, Gray, ME 04039

Description

Beautiful duplex property for sale in Gray! What an opportunity! Built in 2009, it has two 3 bedroom units, each with 1 bath and 1 car garage. Fully rented at time of listing and a cap rate at 6%. Set on 2 acres conveniently located just minutes to the Turnpike and the center of Gray. Short commute to Windham, Yarmouth, New Gloucester and area schools, restaurants, shopping, lakes and more! This is a great investment opportunity. Showings are limited to Wednesdays and Saturdays. Arrange your spot...Beautiful duplex property for sale in Gray! What an opportunity! Built in 2009, it has two 3 bedroom units, each with 1 bath and 1 car garage. Fully rented at time of listing and a cap rate at 6%. Set on 2 acres conveniently located just minutes to the Turnpike and the center of Gray. Short commute to Windham, Yarmouth, New Gloucester and area schools, restaurants, shopping, lakes and more! This is a great investment opportunity. Showings are limited to Wednesdays and Saturdays. Arrange your spot today!
Multi FamilyProperty Type
2 acresLot Size
2009Year Built
$160/sq ftPrice per sq ft
$500/yrHOA Fees
2 carsParking Spaces
  • Listed by: Cathleen Manchester 207.653.7653 cathymtcmt@gmail.com • Keller Williams Realty
  • Listed by: David Fournier 207.807.0105 d.fournier@kw.com • Keller Williams Realty
Listing closed: 06/04/2021 12:00 AM
Source: Maine Listings, MLS#: 1487793
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Recent comparable sales

Median sold price

$532,500

Avg days on market

11

Sale-to-list ratio

100.8%

Gray, ME

9 comparable properties found

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1/45
1

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Square Feet
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$454,000 | 18 Ramsdell Road, Gray, ME 04039
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2,600
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$460,000 | 253 Portland Road, Gray, ME 04039
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$550,000 | 34 Birchwood Road, Gray, ME 04039
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6
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2,240
Square Feet
3.85
Acres
$400,000 | 129 Lawrence Road, Gray, ME 04039
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7

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Sold 07/18/25

2
Bedrooms
1,510
Square Feet
1.84
Acres
$532,500 | 332 Center Road, Gray, ME 04039
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8

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3
Bedrooms
1,391
Square Feet
2.49
Acres
$475,000 | 14 Marshview Drive, Gray, ME 04039
1/38
9

$475,000

Sold 10/19/26

3
Bedrooms
1,729
Square Feet
2.21
Acres

Location

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$2,891 per month

Principal and Interest

$2,456

Property Taxes

$394

HOA Dues

$42

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Property information

30 Rivers Edge Road

Property Details

  • Taxes: $4,723 / year
  • MLS Type: Multi-Family
  • County: Cumberland County
  • Architectural Style: Ranch
  • Style: Ranch
  • Subdivision Name: Rivers Edge Road Association
  • Has Waterfront: No
  • Zoning: RRA

Building Information

  • Stories: 1
  • Residences: 2
  • Year Built: 2009
  • Lot Size: 2.00 AC / 87,120 SF

Summary

Location and General Information

  • Water View: No
  • Location: Near Turnpike/Interstate, Near Town, Rural
  • Page: 14
  • Zoning Overlay: No
  • Directions: Center Rd or West Gray Road to Lawrence to Rivers Edge Rd to #30 on Right. Google Maps may show wrong location on maps.
  • Latitude: 43.853931
  • Longitude: -$70.37

Taxes and HOA

  • Association Fee: $500.00
  • Association: Yes
  • Parcel Number: GRAY-000062-000022-000005-000016
  • Tax Lot: 22-5-16
  • Tax Book Number: 26458
  • Tax Map Number: 062
  • Tax Year: 2020
  • Association Fee Frequency: Annually
  • Tax Annual Amount: $4,723.00

Parking

  • Parking Features: Assigned, 1 - 4 Spaces, Paved, Common
  • Parking: 1 - 4 Spaces, Assigned
  • Vehicle Storage: 2 Car, Attached
  • Has Attached Garage: Yes
  • Garage Spaces: 2.0
  • Has Garage: Yes

Property

Lot Information

  • Lot Features: Open, Level, Near Turnpike/Interstate, Near Town, Rural
  • Lot Size Acres: 2.0
  • Lot Size Area: 2.0
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 87120.0
  • Lot Size Units: Acres
  • 2 Detached Houses on 1 Lot: false
  • Roads: Association, Paved, Private Road
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Road Frontage: true
  • Road Frontage: 473.02
  • Source of Road Frontage: Deed
  • SqFt Source: Public Records
  • Site: Level, Open

Property and Assessments

  • Above Grade Finished Area: 2868.0
  • Building Area Total: 2868.0
  • Property Type: Multi-Family
  • Deed: All
  • Deed Restrictions: Yes
  • Surveyed: Yes
  • Restrictions: Other Restrictions
  • Construction: Wood Frame
  • Year Built: 2009

Building Features

  • Foundation Details: Concrete Perimeter, Slab
  • Foundation Materials: Poured Concrete, Slab
  • Construction Materials: Vinyl Siding, Wood Frame
  • Color: Tan
  • Stories: 1

Financial Information

  • List Price/SqFt: $153.07

Utilities

  • Heat Fuel: Gas Bottled
  • # Heating Units: 1
  • Electric: Circuit Breakers
  • Gas: Bottled
  • Sewer: Septic Tank, Private Sewer, Septic Design Available
  • Water Source: Well, Private
  • Water Heater: Gas
  • Utilities: Utilities On
  • Utilities On: Yes

Interior and Exterior Features

Exterior Features

  • Exterior: Vinyl Siding
  • Roof: Shingle
  • Driveway: Common, Paved

Interior Features

  • Amenities: Washer Hookup
  • Bathrooms Full: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Integer: 2
  • Laundry Features: Washer Hookup
  • Basement: Not Applicable
  • Basement: Slab
  • Has Fireplace: No
  • Patio And Porch Features: Deck
  • Has Cooling: No
  • Heating: Radiant
  • Has Heating: Yes
  • Flooring: Tile
  • Interior Features: One-Floor Living

Room Information

Laundry

  • Laundry Room Amenities: Washer Hookup

Multi Family

Multi Family Information

  • # of 3 BD Units: 2
  • Number Of Units Total: 2

Income & Expenses

  • Gross Income: $39,240.00
  • Operating Expense: $12,070.00

Unit Information

Unit 1

  • Num Full Baths: 1
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: No
  • Level: First
  • Security Deposit: Yes
  • Actual Rent: $1,660.00
  • Beds Total: 3
  • Rooms Total: 5

Unit 2

  • Num Full Baths: 1
  • Dedicated Gas Meter: No
  • Dedicated Water Heater: No
  • Refrigerator: Yes
  • Sewer: Yes
  • Water: Yes
  • Electric: No
  • Heat: Yes
  • Range: Yes
  • Lease: No
  • Level: First
  • Security Deposit: Yes
  • Actual Rent: $1,610.00
  • Beds Total: 3
  • Rooms Total: 5

Rental

Rent Information

  • Land Lease: No
  • Pets Allowed: Other Restrictions

Tenant Information

  • Occupant Type: No

Property History

30 Rivers Edge Road

DateEventPrice
Jun 4, 2021

Sold

Maine Listings #1487793

$460,000
Apr 23, 2021

Pending

Maine Listings #1487793

—
Apr 15, 2021

Listed (Active)

Maine Listings #1487793

$439,000
DateEventPrice
06/04/2021

Sold

Maine Listings #1487793

$460,000
04/23/2021

Pending

Maine Listings #1487793

—
04/15/2021

Listed (Active)

Maine Listings #1487793

$439,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

30 Rivers Edge Road

Baths

2

Total Finished SqFt

2,868 SqFt

Above Grade Finished SqFt

2,868 SqFt

Stories

1

Lot Size

87,120 SqFt

Style

Duplex

Schools

Near 30 Rivers Edge Road

This home is within Regional School Unit 15 Msad 15.

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 30 Rivers Edge Road, Gray, ME 04039
$460,000
6
2,868
87,120
$535,000
6
2,240
84,942
–
–
4
2,752
87,120
–
4
3.5
3,138
197,762
–
3
2
2,126
87,120
–
–
2
2,880
87,120

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.