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$800,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Units
  • 0.59 Acres
  • Updated 11 days ago
See This Home
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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

Full Property Details for 771 Gray Rd

General

  • Sold For: $800,000
  • Taxes: $10,031 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: MREIS
  • MLS ID: 1647309
  • Added to Site: 148 day(s) ago

Interior

  • Interior Features: 1st Floor Bedroom, Bathtub
  • Fireplace: Yes
  • Number of Fireplaces: 4
  • Flooring: Hardwood, Tile, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Exterior

  • Porch/Patio/Deck: Porch

Parking

  • Parking Features: Gravel, 11 - 20 Spaces, Off Street

Location

  • County: Cumberland

Community

  • Pets Allowed: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Oil, Baseboard, Hot Water, Zoned

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Federal
  • Construction: Masonry, Brick
  • Roof: Pitched, Shingle
  • Stories/Levels: 3
  • Building Size: 4673
  • Square Feet: 4,673
  • Living Area: 4,673 Sq. Ft.
  • Finished Total: 4,673 Sq. Ft.
  • Finished Above Grnd: 4,673 Sq. Ft.
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.59
  • Lot Size (Sq. Ft.): 25,700.4
  • Lot Size Source: Public Records
  • Zoning: UR
  • Lot Description: Open, Level, Sidewalks, Intown

Financial Considerations

  • Tax Amount: $10,031
  • Tax Year: 2024

Disclosures and Reports

  • Lot Number: 101

Listed by The Maine Real Estate Group (207) 329-4534
Sold by Dream Home Realty LLC (207) 300-4663

Listing agents

— 771 Gray Rd —

  • The Maine Real Estate Group

    207-329-4534

  • The Maine Real Estate Group

    207-329-4534

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 771 Gray Rd

Date
Details
Price
Change
Source
5/01/2026
Sold
$800,000
—
MLS
2/13/2026
Price Reduced
$800,000
-3.61%
MLS
12/29/2025
Listed
$830,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by The Maine Real Estate Group (207) 329-4534
Sold by Dream Home Realty LLC (207) 300-4663

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771 Gray Road, Gorham, ME 04038 (MLS# 1647309) is a Multi-Family property that was sold at $800,000 on May 01, 2026. Want to learn more about 771 Gray Road? Do you have questions about finding other Multi-Family real estate for sale in Gorham? You can browse all Gorham real estate or contact a Coldwell Banker agent to request more information.