771 Gray Road

Closed 5/1/26
Closed 5/1/26
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Sold
Last Sold Price
$800,000
4,673 sqft$171/sqft
771 Gray Rd, Gorham, ME 04038
Multi FamilyProperty Type
0.59 acresLot Size
1900Year Built
$171/sq ftPrice per sq ft

Description

Investors and owner-occupants take notice! This 4-unit multi-family property offers an excellent opportunity in a growing Gorham location with strong income and long-term potential. Featuring a versatile unit mix, including three 2-bedroom apartments and one spacious 4-bedroom unit, this property provides options for both rental investment and the possibility of owner occupancy. Ideally situated near the new elementary school, Red City Tavern, and just minutes from Windham, the location continues...Investors and owner-occupants take notice! This 4-unit multi-family property offers an excellent opportunity in a growing Gorham location with strong income and long-term potential. Featuring a versatile unit mix, including three 2-bedroom apartments and one spacious 4-bedroom unit, this property provides options for both rental investment and the possibility of owner occupancy. Ideally situated near the new elementary school, Red City Tavern, and just minutes from Windham, the location continues to see increasing demand. With ample off-street parking and classic brick construction, this is a solid asset ready for a new owner's vision. The property would benefit from cosmetic updates, making it a great value-add opportunity to build equity and maximize future returns. Showings will happen in time blocks
  • Listed by: Janice Pompe John Lesser 207.808.9557 janicepompeo@gmail.com • The Maine Real Estate Group
  • Listed by: Aakash Patel 207.252.3808 aakash16099@gmail.com • The Maine Real Estate Group
Listing closed: 05/01/2026 12:00 AM • Source: Maine Listings, MLS#: 1647309
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Location

Listing Courtesy of The Maine Real Estate Group

Sold By Dream Home Realty LLC

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$4,902 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,066

Property Taxes

$836

HOA Dues

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Property Information for 771 Gray Road

Property Details
  • Taxes: $10,031 / year
  • MLS Type: Multi-Family
  • County: Cumberland County
  • Architectural Style: Federal
  • Style: Federal
  • Has Waterfront: No
  • Zoning: UR
Building Information
  • Stories: 3
  • Residences: 4
  • Year Built: 1900
  • Lot Size: 0.59 AC / 25,700 SF
Summary
Location and General Information
  • Water View: No
  • Location: Intown
  • Page: 0307
  • Directions: GPS COMPATIBLE
  • Latitude: 43.731365
  • Longitude: -$70.42
Taxes and HOA
  • Association: No
  • Parcel Number: GRHM-000111-000101
  • Tax Lot: 101
  • Tax Book Number: 39519
  • Tax Map Number: 111
  • Tax Year: 2024
  • Tax Annual Amount: $10,031.00
Parking
  • Parking Features: 11 - 20 Spaces, Gravel, Off Street
  • Parking: 11 - 20 Spaces, Off Street
  • Vehicle Storage: No Vehicle Storage
  • Has Attached Garage: No
  • Has Garage: No
Virtual Tour
Property
Lot Information
  • Lot Features: Open, Level, Sidewalks, Intown
  • Lot Size Acres: 0.59
  • Lot Size Area: 0.59
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 25700.4
  • Lot Size Units: Acres
  • Roads: Paved, Public
  • Road Surface Type: Paved
  • SqFt Source: Public Records
  • Tree Growth: false
  • Site: Level, Open, Sidewalks
Property and Assessments
  • Above Grade Finished Area: 4673.0
  • Building Area Total: 4673.0
  • Property Type: Multi-Family
  • Restrictions: No Cats Allowed, No Dogs Allowed
  • Construction: Masonry
  • Year Built: 1900
Building Features
  • Levels: Multi-Level
  • Levels: Multi-Level
  • Foundation Details: Granite, Brick/Mortar
  • Foundation Materials: Granite, Brick/Mortar
  • Construction Materials: Brick, Masonry
  • Color: SAGE
  • Stories: 3
Financial Information
  • List Price/SqFt: $171.20
  • Property Repairs Amount: $25,000
  • Property Repairs Y/N: Yes
Utilities
  • Heat Fuel: Oil
  • Electric: Circuit Breakers
  • Gas: No Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Off Heating System
Interior and Exterior Features
Exterior Features
  • Exterior: Brick
  • Roof: Pitched, Shingle
  • Driveway: Gravel
Interior Features
  • Amenities: 1st Floor Bedroom, Bathtub
  • Bathrooms Full: 5
  • Bathrooms Half: 2
  • Bathrooms Total Decimal: 6.0
  • Bathrooms Total Integer: 7
  • Fireplaces Total: 4
  • Basement: Interior, Walk-Out Access, Brick/Mortar, Doghouse, Unfinished
  • Basement: Walk-Out Access, Unfinished, Brick/Mortar
  • Has Fireplace: Yes
  • Patio And Porch Features: Porch
  • Has Cooling: No
  • Heating: Zoned, Hot Water, Baseboard
  • Has Heating: Yes
  • Flooring: Vinyl, Tile
  • Interior Features: 1st Floor Bedroom, Bathtub
Multi Family
Multi Family Information
  • # of 2 BD Units: 3
  • # of 4+ BD Units: 1
  • Number Of Units Total: 4
Income & Expenses
  • Gross Income: $133,200.00
  • Operating Expense: $29,070.00
Rental
Rent Information
  • Land Lease: No
  • Pets Allowed: No Cats Allowed, No Dogs Allowed

Property History for 771 Gray Road

DateEvent & SourcePriceAppreciation
May 1, 2026

Sold (Public Record)

Public Record #1938541953

$800,000

-0.2% / yr

May 1, 2026

Sold

Maine Listings #1647309

$800,000—
Feb 25, 2026

Pending

Maine Listings #1647309

—
DateEvent & SourcePrice
05/01/2026

Sold (Public Record)

Public Record #1938541953

$800,000

-0.2% / yr

05/01/2026

Sold

Maine Listings #1647309

$800,000
02/25/2026

Pending

Maine Listings #1647309

—

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

Public Records for 771 Gray Road

Taxable ValueLand$150,800Additions$531,600Total$682,400
Tax Record2025$10,100 ($842 / month)
Home Facts
Total Finished SqFt4,673 SqFtAbove Grade Finished SqFt4,673 SqFtUnfinished Basement SqFt2,184 SqFtStories2Lot Size25,700 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Year Renovated1989ZoningURCountyCUMBERLANDAPNGRHM M:111 B:101 L:

Schools near 771 Gray Road

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

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 771 Gray Road, Gorham, ME 04038
$800,000
–
4,673
25,700
763 Gray Road, Gorham, ME 04038
–
–
2
2,080
18,731
781 Gray Road, Gorham, ME 04038
–
–
2
2,496
20,038
772 Gray Road, Gorham, ME 04038
$195,900
4
2,294
7,405
776 Gray Road, Gorham, ME 04038
$159,900
–
2,150
3,484
759 Gray Road, Gorham, ME 04038
–
4
1
1,754
27,878

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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 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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved.