Sold
Last Sold Price
5,185 sqft$193/sqft
448 Gray Rd, Windham, ME 04062
Multi FamilyProperty Type
0.62 acresLot Size
1900Year Built
$193/sq ftPrice per sq ft
2 carsParking Spaces

Description

Rooming House- 15 rooms plus a 2 bedroom apartment. Totally remodeled 2020-2021- roof, windows, flooring, heating, septic & leach field. Paved parking, coin-op laundry, new sprinkler system, new kitchens, bathrooms and much more. Fully occupied with a waiting list!Rooming House- 15 rooms plus a 2 bedroom apartment. Totally remodeled 2020-2021- roof, windows, flooring, heating, septic & leach field. Paved parking, coin-op laundry, new sprinkler system, new kitchens, bathrooms and much more. Fully occupied with a waiting list!
  • Listed by: Jay Sparrow 207.756.5779 JAYTSPARROW@YAHOO.COM • Allied Real Estate
Listing closed: 02/03/2022 12:00 AM • Source: Maine Listings, MLS#: 1501640

Recent comparable sales

Median sold price

$500,000

Avg days on market

64

Sale-to-list ratio

98.8%

Windham, ME

9 comparable properties found

$525,000 | 389 Gray Road, Windham, ME 04062
1/29
1

$525,000

Sold 04/30/26

Unavailable
Bedrooms
2,916
Square Feet
1.17
Acres
$560,000 | 5 Sand Bar Road, Windham, ME 04062
1/70
2

$560,000

Sold 04/10/26

Unavailable
Bedrooms
2,031
Square Feet
0.67
Acres
$525,000 | 290 Gray Road, Windham, ME 04062
1/43
3

$525,000

Sold 08/08/25

Unavailable
Bedrooms
1,960
Square Feet
1.85
Acres
$496,000 | 8 Cornerbrook Circle, Windham, ME 04062
1/37
4

$496,000

Sold 06/12/25

Unavailable
Bedrooms
2,165
Square Feet
1.13
Acres
5

$500,000

Sold 08/29/25

Unavailable
Bedrooms
3.5
Bathrooms
4,808
Square Feet
0.25
Acres
$745,000 | 58 Johnson Road, Windham, ME 04062
1/59
6

$745,000

Sold 11/15/24

4
Bedrooms
4,340
Square Feet
1.39
Acres
7

$370,000

Sold 04/17/25

Unavailable
Bedrooms
3
Bathrooms
2,918
Square Feet
0.61
Acres
8

$285,000

Sold 08/22/25

Unavailable
Bedrooms
3
Bathrooms
2,500
Square Feet
3.98
Acres
9

$380,000

Sold 08/08/25

Unavailable
Bedrooms
3
Bathrooms
2,280
Square Feet
0.06
Acres

Location

Listing Courtesy of Allied Real Estate

Sold By North Point Realty LLC

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$5,821 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,083

Property Taxes

$738

HOA Dues

$0

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Property Information for 448 Gray Road

Property Details
  • Taxes: $8,860 / year
  • MLS Type: Multi-Family
  • Architectural Style: Other, Rooming House
  • Style: Other, Rooming House
  • Has Waterfront: No
  • Zoning: Residential
Building Information
  • Residences: 16
  • Year Built: 1900
  • Lot Size: 0.62 AC / 27,007 SF
Summary
Location and General Information
  • Water View: No
  • Location: Business District, Historic District
  • Page: 0075
  • Zoning Overlay: No
  • Directions: Near the corner of Rt2 202 and Windham Center Rd. Across the street from Corsetti's Variety.
  • Latitude: 43.790141
  • Longitude: -$70.41
Taxes and HOA
  • Association: No
  • Parcel Number: WINM-000045-000006-A000000
  • Tax Lot: 6
  • Tax Block: A
  • Tax Book Number: 35095
  • Tax Map Number: 45
  • Tax Year: 2021
  • Tax Annual Amount: $8,860.00
Parking
  • Parking Features: Auto Door Opener, 11 - 20 Spaces, Paved, Common
  • Parking: 11 - 20 Spaces
  • Vehicle Storage: 2 Car, Attached, Auto Door Opener
  • Has Attached Garage: Yes
  • Garage Spaces: 2.0
  • Has Garage: Yes
Property
Lot Information
  • Lot Features: Well Landscaped, Open, Level, Historic District
  • Lot Size Acres: 0.62
  • Lot Size Area: 0.62
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 27007.2
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • SqFt Source: Public Records
  • Site: Level, Open, Well Landscaped
Property and Assessments
  • Above Grade Finished Area: 5185.0
  • Building Area Total: 5185.0
  • Property Type: Multi-Family
  • Restrictions: No Cats Allowed, No Dogs Allowed
  • Construction: Wood Frame
  • Year Built: 1900
Building Features
  • Levels: Multi-Level
  • Levels: Multi-Level
  • Foundation Details: Block, Stone, Granite, Concrete Perimeter, Brick/Mortar
  • Foundation Materials: Block, Stone, Granite, Poured Concrete, Brick/Mortar
  • Construction Materials: Vinyl Siding, Wood Frame
Financial Information
  • List Price/SqFt: $231.44
Utilities
  • Heat Fuel: Oil
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Sewer: Septic Tank, Public Sewer, Septic Design Available
  • Water Source: Public
  • Water Heater: Off Heating System
  • Utilities: Utilities On
  • Utilities On: Yes
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl Siding
  • Roof: Shingle
  • Driveway: Common, Paved
Interior Features
  • Accessibility Features: 36+ Inch Doors, Level Entry, Accessible Approach with Ramp, Roll-in Shower
  • Amenities: Laundry - Coin, Shower, Sprinkler
  • Bathrooms Full: 3
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Integer: 3
  • Equipment: Internet Access Available, Cable
  • Laundry Features: Laundry - Coin
  • Other Equipment: Internet Access Available, Cable
  • Basement: Interior, Bulkhead, Brick/Mortar, Unfinished
  • Basement: Bulkhead, Unfinished, Brick/Mortar
  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Zoned, Forced Air, Baseboard
  • Has Heating: Yes
  • Flooring: Wood, Tile, Laminate
  • Interior Features: Shower
Room Information
Laundry
  • Laundry Room Amenities: Laundry - Coin
Multi Family
Multi Family Information
  • # of 1 BD Units: 15
  • # of 2 BD Units: 1
  • Number Of Units Total: 16
Income & Expenses
  • Gross Income: $156,026.00
  • Operating Expense: $30,575.00
Rental
Rent Information
  • Land Lease: No
  • Pets Allowed: No Cats Allowed, No Dogs Allowed
Tenant Information
  • Occupant Type: No

Property History for 448 Gray Road

DateEvent & SourcePriceAppreciation
Feb 3, 2022

Sold

Maine Listings #1501640

$1,000,000
Nov 19, 2021

Pending

Maine Listings #1501640

Jul 19, 2021

Listed (Active)

Maine Listings #1501640

$1,200,000
DateEvent & SourcePrice
02/03/2022

Sold

Maine Listings #1501640

$1,000,000
11/19/2021

Pending

Maine Listings #1501640

07/19/2021

Listed (Active)

Maine Listings #1501640

$1,200,000

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

Public Records for 448 Gray Road

Taxable ValueLand$156,100Additions$668,500Total$824,600
Tax Record2025$9,945 ($829 / month)
Home Facts
Baths3Total Finished SqFt5,185 SqFtAbove Grade Finished SqFt5,185 SqFtUnfinished Basement SqFt2,066 SqFtStories2Lot Size27,007 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Year Renovated1900ZoningWCCountyCUMBERLANDAPNWINM M:45 B:6 L:A

Schools near 448 Gray Road

This home is within Regional School Unit 14.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 5
Public - 6 to 8
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: 448 Gray Road, Windham, ME 04062
$1,000,000
5,185
27,007
2
1
1,368
27,878
1
2
780
32,670
1
1,441
160,301
$353,000
3
1,615
18,730
$140,000
2,974
52,272

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 Allied Real Estate

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.