Sold
Last Sold Price
725 Gray Rd, Gorham, ME 04038
Multi FamilyProperty Type
0.72 acresLot Size
1989Year Built

Description

Excellent opportunity to own a productive income property in a great location! Each unit offers 2 bedroom 1.5 baths, and a full basement with washer and dryer hookups. There's plenty of storage and separate utilities. Updated roof and windows along with a new boiler in one unit. Spacious yard. Under 10 minutes to USM college and 20 minutes to the city! This will not last long! Showings on Fridays from 2-4pm only.Excellent opportunity to own a productive income property in a great location! Each unit offers 2 bedroom 1.5 baths, and a full basement with washer and dryer hookups. There's plenty of storage and separate utilities. Updated roof and windows along with a new boiler in one unit. Spacious yard. Under 10 minutes to USM college and 20 minutes to the city! This will not last long! Showings on Fridays from 2-4pm only.
  • Listed by: Alicia Frech Ashley Koss 207.892.8100 windhamme@masiello.com • Better Homes & Gardens Real Estate/The Masiello Group
Listing closed: 07/27/2018 12:00 AM • Source: Maine Listings, MLS#: 1353485

Recent comparable sales

Median sold price

$585,000

Avg days on market

33

Sale-to-list ratio

99.5%

Gorham, ME

9 comparable properties found

$510,000 | 370 Main Street, Gorham, ME 04038
1/2
1

$510,000

Sold 06/29/26

Unavailable
Bedrooms
2,136
Square Feet
0.57
Acres
$590,000 | 28 Kayla Way, Gorham, ME 04038
1/70
2

$590,000

Sold 08/29/25

Unavailable
Bedrooms
2,229
Square Feet
1.89
Acres
$738,000 | 19 Straw Road, Gorham, ME 04038
1/68
3

$738,000

Sold 09/04/25

Unavailable
Bedrooms
2,478
Square Feet
3.96
Acres
$800,000 | 771 Gray Road, Gorham, ME 04038
1/24
4

$800,000

Sold 05/01/26

Unavailable
Bedrooms
4,673
Square Feet
0.59
Acres
5

$925,000

Sold 12/24/24

Unavailable
Bedrooms
4
Bathrooms
3,604
Square Feet
5.37
Acres
6

$515,000

Sold 11/07/25

Unavailable
Bedrooms
2
Bathrooms
2,137
Square Feet
2.15
Acres
$585,000 | 12 Strouts Way, Gorham, ME 04038
1/40
7

$585,000

Sold 04/02/26

Unavailable
Bedrooms
2,708
Square Feet
1.84
Acres
8

$130,000

Sold 04/02/25

Unavailable
Bedrooms
1.5
Bathrooms
784
Square Feet
0.29
Acres
$372,500 | 9 Burnham Road, Gorham, ME 04038
1/54
9

$372,500

Sold 03/20/26

Unavailable
Bedrooms
1,907
Square Feet
1.5
Acres

Location

Listing Courtesy of Better Homes & Gardens Real Estate/The Masiello Group

Sold By Keller Williams Realty

Add your commute

Payment Calculator

$1,705 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,449

Property Taxes

$257

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 725 Gray Road

Property Details
  • Taxes: $3,078 / year
  • MLS Type: Multi-Family
  • Architectural Style: Other
  • Style: Other
  • Has Waterfront: No
  • Zoning: UR
Building Information
  • Stories: 2
  • Residences: 2
  • Year Built: 1989
  • Lot Size: 0.72 AC / 31,363 SF
Summary
Location and General Information
  • Water View: No
  • Location: Intown
  • Page: 155
  • Zoning Overlay: No
  • Directions: From rotary in Windham take first right onto Gray road. 4.3 miles destination is on your left. Shared driveway with 729 Gray road parking is in the back.
  • Latitude: 43.729702
  • Longitude: -$70.43
Taxes and HOA
  • Association: No
  • Parcel Number: GRHM-000111-000107
  • Tax Lot: 107
  • Tax Book Number: 26499
  • Tax Map Number: 111
  • Tax Year: 2017
  • Tax Annual Amount: $3,078.00
Parking
  • Parking Features: 1 - 4 Spaces, Paved
  • Parking: 1 - 4 Spaces
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
Property
Lot Information
  • Lot Features: Open, Level, Intown
  • Lot Size Acres: 0.72
  • Lot Size Area: 0.72
  • Lot Size Source: Survey
  • Lot Size Square Feet: 31363.2
  • Lot Size Units: Acres
  • Roads: Public
  • Road Frontage: false
  • Site: Level, Open
Property and Assessments
  • Property Type: Multi-Family
  • Deed/Conveyance Type Offered: Warranty
  • Surveyed: No
  • Construction: Wood Frame
  • Structure Type: Duplex
  • Structure Type: Duplex
  • Year Built: 1989
Building Features
  • Construction Materials: Vinyl Siding, Wood Frame
  • Stories: 2
Utilities
  • Heat Fuel: Gas Bottled
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Other Water Heater
  • Utilities On: No
Interior and Exterior Features
Exterior Features
  • Exterior: Vinyl Siding
  • Roof: Shingle
  • Driveway: Paved
Interior Features
  • Bathrooms Full: 2
  • Bathrooms Half: 2
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Integer: 4
  • Basement: Full, Bulkhead
  • Basement: Full
  • Has Fireplace: No
  • Has Cooling: No
  • Heating: Baseboard
  • Has Heating: Yes
  • Flooring: Carpet
Multi Family
Multi Family Information
  • # of 2 BD Units: 2
  • Number Of Units Total: 2
Rental
Rent Information
  • Land Lease: No

Property History for 725 Gray Road

DateEvent & SourcePriceAppreciation
Jul 27, 2018

Sold

Maine Listings #1353485

$285,000
Jun 11, 2018

Pending

Maine Listings #1353485

Jun 1, 2018

Listed (Active)

Maine Listings #1353485

$270,000
DateEvent & SourcePrice
07/27/2018

Sold

Maine Listings #1353485

$285,000
06/11/2018

Pending

Maine Listings #1353485

06/01/2018

Listed (Active)

Maine Listings #1353485

$270,000

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

Public Records for 725 Gray Road

Taxable ValueLand$63,200Additions$280,300Total$343,500
Tax Record2025$5,084 ($424 / month)
Home Facts
Baths3Total Finished SqFt2,000 SqFtAbove Grade Finished SqFt2,000 SqFtUnfinished Basement SqFt960 SqFtStories2Lot Size9,148 SqFtStyleDuplexYear Built1989Year Renovated2000ZoningURCountyCUMBERLANDAPNGRHM M:111 B:107 L:000

Schools near 725 Gray Road

This home is within Gorham Public Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Great Falls Elementary School
PublicK to 5

Gorham Middle School
Public6 to 8

Gorham 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.

Similar Homes

New listings in 04038

$525,000 | 243 Fort Hill Road, Gorham, ME 04038
1/16
Listed By Coldwell Banker Realty

$525,000

Unavailable
Bedrooms
3,712
Square Feet
1.37
Acres
$525,000 | 243 Fort Hill Road, Gorham, ME 04038
1/13
Listed By Coldwell Banker Realty

$525,000

5
Bedrooms
3,712
Square Feet
1.37
Acres
$615,000 | 152 State Street, Gorham, ME 04038
1/74
Listed By Coldwell Banker Realty

$615,000

3
Bedrooms
2,736
Square Feet
0.38
Acres
$430,000 | 332 Gray Road, Gorham, ME 04038
1/37

$430,000

2
Bedrooms
1,840
Square Feet
0.78
Acres
$574,900 | 420 Main Street, Gorham, ME 04038
1/64

$574,900

3
Bedrooms
1,872
Square Feet
0.32
Acres
$485,000 | 141 Hurricane Road, Gorham, ME 04038
1/30

$485,000

3
Bedrooms
1,224
Square Feet
0.5
Acres
$895,000 | 114 County Road, Gorham, ME 04038
1/68
Virtual Tour

$895,000

5
Bedrooms
4,894
Square Feet
5
Acres
$1,475,000 | 21 Mighty Street, Gorham, ME 04038
1/85
New Construction

$1,475,000

4
Bedrooms
3,030
Square Feet
9.86
Acres
$425,000 | 16 Finn Parker Road, Gorham, ME 04038
1/41

$425,000

3
Bedrooms
2,028
Square Feet
0.67
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 725 Gray Road, Gorham, ME 04038
$285,000
31,363
2
2,825
43,996
$200,000
3
1,386
4,356
$60,000
4
1,490
55,321
13,068
3
2.5
1,980
43,996

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 Better Homes & Gardens Real Estate/The Masiello 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.