771 Gray Rd
Gorham, ME 04038

$830,000

Price

Beds

Baths

4,673 Sq. Ft.

$178 / Sq. Ft.

4,673

Sq. Ft.

$178

per Sq. Ft.

New

Description

Investors! 4unit in an upcoming hot neighborhood. Close to new elementary school, red city tavern and windham. Fully occupied and making great income! Showings will happen in blocks of time to make it easier on the tenants.Investors! 4unit in an upcoming hot neighborhood. Close to new elementary school, red city tavern and windham. Fully occupied and making great income! Showings will happen in blocks of time to make it easier on the tenants.

Listed by Janice Pompe John Lesser • The Maine Real Estate Group
Listed by Aakash Patel • The Maine Real Estate Group

Property Details for 771 Gray Road

Waterfront

ArchitecturalStyle

Federal

Garage Spaces

.00

Garage

Zoning

LISTING UPDATED: 12/29/2025 01:02 PM

Property Details for 771 Gray Road

Status	Active
MLS #	1647309
Days on Market	1
Taxes	$10,031 / year
HOA Fees	-
Condo/Co-op Fees	-
Compass Type	Multi Family
MLS Type	Multi-Family
Year Built	1900
Lot Size	0.59 AC / 25,700 SF
County	Cumberland County

Location

Listing Courtesy of The Maine Real Estate Group

Add your commute

Building Information for 771 Gray Road

Stories3Residences4Year Built1900Building Size-Lot Size0.59 AC / 25,700 SF

Payment Calculator

$4,937 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,101

Property Taxes

$836

HOA Dues

The Payment Calculator is for illustrative purposes only.

Property Information for 771 Gray Road

Summary

Location and General Information

Road Surface Type: Paved
Zip Code: 5857

Directions: GPS COMPATIBLE
Town: Gorham
State/Province: ME
Zip Code: 04038
County: Cumberland
Geo Latitude: 43.731365
Geo Longitude: -70.424999
Tax Lot: 101
Site:Level: Yes
Site:Open: Yes
Site:Sidewalks: Yes
Location:Intown: Yes

Parking

Parking Features: 11 - 20 Spaces, Gravel, Off Street
Attached Garage: No

Taxes and HOA Information

Tax Book Number: 39519
Tax Map Number: 111

Tax Year: 2024
Parcel Number: GRHM-000111-000101
Location Information:Association Y/N: No
Tax Annual Amount: $10,031.00
Restrictions:No Cats Allowed: Yes
Restrictions:No Dogs Allowed: Yes

Virtual Tour

Virtual Tour URLUnbranded: https://www.propertypanorama.com/instaview/mreis/1647309

Property

Heating and Cooling

Water Heater:Electric: No
Water Heater:Off Heating System: Yes

Lot Information

SqFt Finished Below Grade: 0.0
SqFt Finished Above Grade: 4673.0

Lot Size Acres: 0.59
Source of Acreage: Public Records
Building Area Total: 4673.0
Lot Size Area: 0.59
Lot Size Units: Acres
Lot Size Square Feet: 25700.4
Bathrooms Full: 5
Bathrooms Half: 2
Street Number: 771
Property Information:Surveyed: Unknown
Property Information:Seasonal: No
Property Information:Total Half Baths: 2.00
Property Information:Color: SAGE

Parking

Driveway:Gravel: Yes

Property and Assessments

Sign on Property: Yes
Leased Land: No

Property Type: Multi-Family
Property Type Label: Multi-Family
Year Built: 1900

Utilities

Electric: Circuit Breakers
Sewer: Yes

Water Source: Public
Gas:No Gas: Yes

Interior and Exterior Features

Exterior Features

Construction Materials: Brick, Masonry
# Fireplaces: 2

Fireplace: Yes
Vehicle Storage:No Vehicle Storage: Yes
Roof: Pitched, Shingle
Patio and Porch Features:Porch: Yes

Interior Features

Basement: Interior, Walk-Out Access, Brick/Mortar, Doghouse, Unfinished
Flooring: Vinyl, Tile

Interior Features: 1st Floor Bedroom, Bathtub
Cooling: None
Heating: Zoned, Hot Water, Baseboard
Foundation Details: Granite, Brick/Mortar
# Floors: 3
Bathrooms Total (Integer): 7
Bathrooms Total (Decimal): 6.00
Bathrooms Total (Notational): 5.20
Cooling YN: No
Heating YN: Yes

Multi Family

Income & Expenses Information

Gross Income: $133,200.00
Operating Expenses: $29,070.00

Multi-Family Information

Number of Units: 4
Building Info:# Fireplaces: 2

Building Info:# Stories: 3

Unit 1

Unit 1:Lease: Yes
Unit 1:Level: First

Unit 1:Security Deposit: No
Unit 1:Monthly Rent: $1,800.00
Unit 1:# Full Baths: 1.00
Unit 1:# of Half Baths: .00
Unit 1:# of Rooms: 4.00
Unit 1:# of Bedrooms: 2.00
Unit 1:Dedicated Electric Meter: Yes
Unit 1:Dedicated Gas Meter: No
Unit 1:Dedicated Water Heater: No
Unit 1:Electric: No
Unit 1:Heat: Yes
Unit 1:Range: Yes
Unit 1:Refrigerator: Yes
Unit 1:Sewer: Yes
Unit 1:Water: Yes

Unit 2

Unit 2:Lease: Yes
Unit 2:Level: First

Unit 2:Security Deposit: No
Unit 2:Monthly Rent: $2,000.00
Unit 2:# Full Baths: 1.00
Unit 2:# Half Baths: .00
Unit 2:# of Rooms: 4.00
Unit 2:# of Bedrooms: 2.00
Unit 2:Dedicated Electric Meter: Yes
Unit 2:Dedicated Gas Meter: No
Unit 2:Dedicated Water Heater: No
Unit 2:Electric: No
Unit 2:Heat: Yes
Unit 2:Range: Yes
Unit 2:Refrigerator: Yes
Unit 2:Sewer: Yes
Unit 2:Water: Yes

Unit 3

Unit 3:Lease: Yes
Unit 3:Level: Second

Unit 3:Security Deposit: No
Unit 3:Monthly Rent: $3,000.00
Unit 3:# Full Baths: 1.00
Unit 3:# Half Baths: .00
Unit 3:# of Rooms: 4.00
Unit 3:# of Bedrooms: 2.00
Unit 3:Dedicated Electric Meter: Yes
Unit 3:Dedicated Gas Meter: No
Unit 3:Dedicated Water Heater: No
Unit 3:Electric: No
Unit 3:Heat: Yes
Unit 3:Range: Yes
Unit 3:Refrigerator: Yes
Unit 3:Sewer: Yes
Unit 3:Water: Yes

Unit 4

Unit 4:Lease: Yes
Unit 4:Level: Second

Unit 4:Security Deposit: No
Unit 4:Monthly Rent: $4,300.00
Unit 4:# Full Baths: 2.00
Unit 4:# Half Baths: 2.00
Unit 4:# of Rooms: 6.00
Unit 4:# of Bedrooms: 4.00
Unit 4:Dedicated Electric Meter: Yes
Unit 4:Dedicated Gas Meter: No
Unit 4:Dedicated Water Heater: No
Unit 4:Electric: No
Unit 4:Heat: Yes
Unit 4:Range: Yes
Unit 4:Refrigerator: Yes
Unit 4:Water: Yes

Unit Information

Units:# of 1 BD Units: 0
Units:# of 2 BD Units: 3

Units:# of 3 BD Units: 0
Units:# of 4+ BD Units: 1

Property History for 771 Gray Road

Date	Event & Source	Price	Appreciation
Dec 29, 2025	Listed (Active) Maine Listings #1647309	$830,000	—
Jan 6, 2025	Expired Maine Listings #1597990	$825,000	—
Sep 13, 2024	Withdrawn Maine Listings #1597990	$825,000	—
Jul 15, 2024	Listed (Active) Maine Listings #1597990	$850,000	—
Sep 23, 2023	Expired Maine Listings #1564819	$900,000	—
Jul 17, 2023	Pending Maine Listings #1564819		—
Jul 16, 2023	Active Under Contract Maine Listings #1564819		—
Jul 10, 2023	Listed (Active) Maine Listings #1564819	$850,000	—
Jun 22, 2022	Sold (Public Record) Public Record #1506237752	$805,000	—
Jun 22, 2022	Sold (Public Record) Public Record #1506237752	$805,000	—
Jun 22, 2022	Sold Maine Listings #1522310	$805,000	—
Jun 22, 2022	Sold Maine Listings #1522312	$805,000	—
Jun 3, 2022	Sold Maine Listings #1525468	$321,500	—
Apr 27, 2022	Pending Maine Listings #1525468		—
Apr 27, 2022	Active Under Contract Maine Listings #1525468		—
Apr 21, 2022	Listed (Active) Maine Listings #1525468	$275,000	—
Apr 4, 2022	Pending Maine Listings #1522310		—
Apr 4, 2022	Pending Maine Listings #1522312		—
Apr 1, 2022	Active Under Contract Maine Listings #1522310		—
Apr 1, 2022	Active Under Contract Maine Listings #1522312		—
Mar 22, 2022	Listed (Active) Maine Listings #1522310	$695,000	—
Mar 22, 2022	Listed (Active) Maine Listings #1522312	$695,000	—
Oct 19, 2021	Sold Maine Listings #1506609	$150,000	—
Sep 5, 2021	Active Under Contract Maine Listings #1506609		—
Aug 24, 2021	Listed (Active) Maine Listings #1506609	$149,900	—
Apr 15, 2016	Sold Maine Listings #1243218	$350,000	—
Mar 4, 2016	Pending Maine Listings #1243218		—
Mar 3, 2016	Active Under Contract Maine Listings #1243218		—
Nov 4, 2015	Listed (Active) Maine Listings #1243218	$375,000	—
May 15, 1998	Sold Maine Listings #232125	$189,750	—
Feb 12, 1998	Active Under Contract Maine Listings #232125		—
Feb 6, 1998	Listed (Active) Maine Listings #232125	$194,500	—

Date	Event & Source	Price
12/29/2025	Listed (Active) Maine Listings #1647309	$830,000
01/06/2025	Expired Maine Listings #1597990	$825,000
09/13/2024	Withdrawn Maine Listings #1597990	$825,000
07/15/2024	Listed (Active) Maine Listings #1597990	$850,000
09/23/2023	Expired Maine Listings #1564819	$900,000
07/17/2023	Pending Maine Listings #1564819	—
07/16/2023	Active Under Contract Maine Listings #1564819	—
07/10/2023	Listed (Active) Maine Listings #1564819	$850,000
06/22/2022	Sold (Public Record) Public Record #1506237752	$805,000
06/22/2022	Sold (Public Record) Public Record #1506237752	$805,000
06/22/2022	Sold Maine Listings #1522310	$805,000
06/22/2022	Sold Maine Listings #1522312	$805,000
06/03/2022	Sold Maine Listings #1525468	$321,500
04/27/2022	Pending Maine Listings #1525468	—
04/27/2022	Active Under Contract Maine Listings #1525468	—
04/21/2022	Listed (Active) Maine Listings #1525468	$275,000
04/04/2022	Pending Maine Listings #1522310	—
04/04/2022	Pending Maine Listings #1522312	—
04/01/2022	Active Under Contract Maine Listings #1522310	—
04/01/2022	Active Under Contract Maine Listings #1522312	—
03/22/2022	Listed (Active) Maine Listings #1522310	$695,000
03/22/2022	Listed (Active) Maine Listings #1522312	$695,000
10/19/2021	Sold Maine Listings #1506609	$150,000
09/05/2021	Active Under Contract Maine Listings #1506609	—
08/24/2021	Listed (Active) Maine Listings #1506609	$149,900
04/15/2016	Sold Maine Listings #1243218	$350,000
03/04/2016	Pending Maine Listings #1243218	—
03/03/2016	Active Under Contract Maine Listings #1243218	—
11/04/2015	Listed (Active) Maine Listings #1243218	$375,000
05/15/1998	Sold Maine Listings #232125	$189,750
02/12/1998	Active Under Contract Maine Listings #232125	—
02/06/1998	Listed (Active) Maine Listings #232125	$194,500

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

Public Records for 771 Gray Road

Taxable ValueLand$92,000Additions$216,300Total$308,300

Tax Record2024$3,536 ($295 / month)

Home Facts

Beds3Baths1Total Finished SqFt1,140 SqFtAbove Grade Finished SqFt1,140 SqFtUnfinished Basement SqFt1,140 SqFtStories1Lot Size22,651 SqFtStyleSingle Family ResidenceYear Built1957Zoning1CountyCUMBERLANDAPNWINM M:20 B:30 L:A

Schools near 771 Gray Road

This home is within Gorham Public Schools.


Rating	School	Type	Grades	Distance
8/10	Great Falls Elementary School	Public - Serves this home	K to 5	0.4 mi
8/10	Gorham Middle School	Public - Serves this home	6 to 8	4.6 mi
9/10	Gorham High School	Public - Serves this home	9 to 12	4.0 mi


Rating	School	Distance
8/10	Great Falls Elementary School PublicK to 5 Serves this home	0.4 mi
8/10	Gorham Middle School Public6 to 8 Serves this home	4.6 mi
9/10	Gorham High School Public9 to 12 Serves this home	4.0 mi

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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More information about 771 Gray Road, Gorham, ME 04038

771 Gray Road is a multi-family home for sale in Gorham, ME 04038. This listing's school district is Gorham Public Schools. Nearby schools include Great Falls Elementary School, Gorham Middle School and Gorham High School. 771 Gray Road is a 10-bed, 7-bath, 4,673 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Maine 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. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved.

771 Gray RdGorham, ME 04038

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More information about 771 Gray Road, Gorham, ME 04038

771 Gray Rd
Gorham, ME 04038