389 Gray Road

Closed 4/30/26
Closed 4/30/26
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Image 2-19-26 at 1.54 PM
Last Sold Price
$525,000
2,916 sqft$180/sqft
389 Gray Rd, Windham, ME 04062

Description

Charming 2-unit property full of classic character, ideally located just minutes from Windham schools, shopping, and local amenities. This multi-family offers a strong rental history with reliable income, making it a great opportunity for both investors and owner-occupants. Each unit features original charm with modern touches and plenty of natural light, while the property provides ample parking and a convenient location for tenants. A rare chance to own a solid income-producing property in a great...Charming 2-unit property full of classic character, ideally located just minutes from Windham schools, shopping, and local amenities. This multi-family offers a strong rental history with reliable income, making it a great opportunity for both investors and owner-occupants. Each unit features original charm with modern touches and plenty of natural light, while the property provides ample parking and a convenient location for tenants. A rare chance to own a solid income-producing property in a great area.
LISTING CLOSED: 04/30/2026 12:00 AM

  1. Listed by Jamie Sparta • Portside Real Estate Group
    P: (207) 956-1429 C: (207) 956-1429 sparta@portsidereg.com

Property Details for 389 Gray Road

Status
Closed
MLS #
1654048
Days on Market
12
Taxes
$5,932 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Multi-Family
Year Built
1900
Lot Size
1.17 AC / 50,965 SF
County
Cumberland County
Architectural Style
Farmhouse, Other
Style
Farmhouse, Other
Has Waterfront
No
Zoning
Farm
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Location

Listing Courtesy of Portside Real Estate Group

Sold By Landing Real Estate

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Building Information for 389 Gray Road

Stories2Residences2Year Built1900Building Size-Lot Size1.17 AC / 50,965 SF

Payment Calculator

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$3,163 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,669

Property Taxes

$494

HOA Dues

$0

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Property Information for 389 Gray Road

Summary
Location and General Information
  • Water View: No
  • Location: Near Town, Rural, Suburban
  • Page: 332
  • Zoning Overlay: No
  • Directions: GPS Friendly
  • Latitude: 43.782294
  • Longitude: -$70.41
  • Transportation: Major Road Access
Taxes and HOA
  • Association: No
  • Parcel Number: WINM-000043-000000-000008
  • Tax Lot: 8
  • Tax Book Number: 37032
  • Tax Map Number: 43
  • Tax Year: 2025
  • Tax Annual Amount: $5,932.00
Parking
  • Parking Features: Gravel, 5 - 10 Spaces, On Site, Off Street, Detached
  • Parking: 5 - 10 Spaces, On Site, Off Street
  • Vehicle Storage: 2 Car, Detached
  • Has Attached Garage: No
  • Garage Spaces: 2.0
  • Has Garage: Yes
School Information
  • High School District: RSU 15/MSAD 15
Property
Lot Information
  • Lot Features: Near Town, Rural, Suburban, Level, Open Lot
  • Lot Size Acres: 1.17
  • Lot Size Area: 1.17
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 50965.2
  • Lot Size Units: Acres
  • 2 Detached Houses on 1 Lot: false
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • Road Frontage: false
  • SqFt Source: Public Records
  • Tree Growth: false
  • Site: Level, Open
Property and Assessments
  • Above Grade Finished Area: 2916.0
  • Building Area Total: 2916.0
  • Property Type: Multi-Family
  • Deed: All
  • Restrictions: No Restrictions
  • Construction: Wood Frame
  • Structure Type: Duplex
  • Structure Type: Duplex
  • Year Built: 1900
Building Features
  • Construction Materials: Wood Frame, Vinyl Siding
  • Color: Tan
  • Stories: 2
Financial Information
  • List Price/SqFt: $183.47
Utilities
  • Heat Fuel: Propane
  • # Heating Units: 2
  • Electric: Circuit Breakers
  • Gas: Bottled
  • Sewer: Private Sewer, Septic Tank
  • Water Source: Public
  • Water Heater: Electric, Gas, Off Heating System, Tankless
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl Siding
  • Roof: Fiberglass, Pitched, Shingle
  • Driveway: Gravel
Interior Features
  • Accessibility Features: Level Entry
  • Amenities: 1st Floor Bedroom, Bathtub, Storage
  • Bathrooms Full: 3
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Integer: 3
  • Equipment: Internet Access Available
  • Other Equipment: Internet Access Available
  • Basement: Bulkhead, Dirt Floor, Partial, Sump Pump
  • Basement: Bulkhead, Dirt Floor, Partial, Sump Pump
  • Has Fireplace: No
  • Patio And Porch Features: Deck
  • Has Cooling: No
  • Heating: Propane, Baseboard, Direct Vent Furnace, Direct Vent Heater, Forced Air, Hot Water
  • Has Heating: Yes
  • Flooring: Laminate, Tile, Wood
  • Interior Features: 1st Floor Bedroom, Bathtub, Storage
Multi Family
Multi Family Information
  • # of 2 BD Units: 1
  • # of 3 BD Units: 1
  • Number Of Units Total: 2
Income & Expenses
  • Gross Income: $51,648.00
  • Operating Expense: $5,820.00
Rental
Rent Information
  • Land Lease: No
  • Pets Allowed: No Restrictions
Tenant Information
  • Occupant Type: No

Property History for 389 Gray Road

DateEvent & SourcePriceAppreciation
Apr 30, 2026

Sold (Public Record)

Public Record #1938541798

$525,000—
Apr 30, 2026

Sold

Maine Listings #1654048

$525,000—
Mar 26, 2026

Pending

Maine Listings #1654048

—
DateEvent & SourcePrice
04/30/2026

Sold (Public Record)

Public Record #1938541798

$525,000
04/30/2026

Sold

Maine Listings #1654048

$525,000
03/26/2026

Pending

Maine Listings #1654048

—

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

Public Records for 389 Gray Road

Taxable ValueLand$143,400Additions$348,500Total$491,900
Tax Record2025$5,932 ($494 / month)
Home Facts
Baths2Total Finished SqFt2,268 SqFtAbove Grade Finished SqFt2,268 SqFtUnfinished Basement SqFt612 SqFtStories2Lot Size51,314 SqFtStyleDuplexYear Built1900Year Renovated1900ZoningWCCountyCUMBERLANDAPNWINM M:43 B:8

Schools near 389 Gray Road

This home is within Regional School Unit 14.
Rating
School
Type
Grades
Distance
Windham Primary School
Public - K to 3
Manchester School
Public - 4 to 5
Windham Middle School
Public - 6 to 8
Windham High School
Public - 9 to 12
Rating
School
Distance
Windham Primary School
PublicK to 3

Manchester School
Public4 to 5

Windham Middle School
Public6 to 8

Windham High School
Public9 to 12

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: 389 Gray Road, Windham, ME 04062
$525,000
–
2,916
50,965
386 Gray Road, Windham, ME 04062
–
–
–
–
64,469
384 Gray Road, Windham, ME 04062
–
3
2.5
2,100
274,341
395 Gray Road, Windham, ME 04062
$57,000
–
–
–
56,628
393 Gray Road, Windham, ME 04062
–
3
1
1,392
34,848
385 Gray Road, Windham, ME 04062
–
3
1
939
65,253

Explore Nearby Homes

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 Portside Real Estate Group

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.