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$1,799,000

  • Sold
  • Closed
  • Multi-Family
  • 8 Units
  • 0.61 Acres
  • 2 Car Garage
  • Updated 4 days ago
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Investment opportunity alert! Say hello to the McLellan House - an 8 Unit historic head-turner and turnkey treasure tucked into the heart of Gorham Village. Situated just steps from USM and all of Gorham's go-to spots - cafes, shops, and community happenings - this handsome colonial offers convenience to all who call it home. A stellar setup for savvy investors, this fully occupied eight-unit gem boasts a strong rental record, smart layouts, and low-maintenance living that keeps headaches (and handyman calls) to a minimum. Each unit is separately metered; tenants handle utilities, while the landlord covers water and sewer. Add in a sizable deck, detached 2-car garage, and spots for each tenant's cars (no parallel parking panic here!) and you've got a perfect combination of convenience and curb appeal. Whether you're looking to grow your portfolio or plant roots in one of Maine's most charming college towns, the McLellan House is your golden goose. Opportunity is knocking - will you answer?

Full Property Details for 8 College Ave

General

  • Sold For: $1,799,000
  • Taxes: $11,315 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: MREIS
  • MLS ID: 1623066
  • Added to Site: 12 day(s) ago

Interior

  • Flooring: Carpet, Laminate, Other

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 8

Additional Information

  • Security/Safety: Fire System

Exterior

  • Porch/Patio/Deck: Deck

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Auto Door Opener, Paved, Detached, 5 - 10 Spaces, Off Street

Location

  • County: Cumberland

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Gas Bottled, Direct Vent Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Utilities On

Structural Information

  • Architectural Style: Colonial, Federal
  • Construction: Wood Frame, Vinyl Siding
  • Roof: Shingle
  • Stories/Levels: 3
  • Building Size: 5444
  • Square Feet: 5,444
  • Living Area: 5,444 Sq. Ft.
  • Finished Total: 5,444 Sq. Ft.
  • Finished Above Grnd: 5,444 Sq. Ft.
  • Year Built: 1803

Lot Features

  • Property View: Scenic
  • Lot Size (Acres): 0.61
  • Lot Size (Sq. Ft.): 26,571.6
  • Lot Size Source: Public Records
  • Zoning: UR, Historic
  • Lot Description: Open, Near Town

Financial Considerations

  • Tax Amount: $11,315
  • Tax Year: 2024

Disclosures and Reports

  • Lot Number: 5

Listed by King + Miller Real Estate (207) 805-3716
Sold by Keller Williams Coastal and Lakes & Mountains Realty (207) 475-0999

Listing agent

— 8 College Ave —

  • King + Miller Real Estate

    207-805-3716

info@kingmillerrealestate.com

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

Schools serving 8 College Ave

School District:Gorham
NameGradesDistance
Village Elementary School-Gorham
12 Robie Street, Gorham, ME 04038
K-50.4 mi
Gorham Middle School, Gorham, ME
106 Weeks Road, Gorham, ME 04038
6-81 mi
Gorham High School, Gorham, ME
41 Morrill Avenue, Gorham, ME 04038
9-120.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8 College Ave

Date
Details
Price
Change
Source
5/06/2026
Sold
$1,799,000
—
MLS
8/06/2025
Price Reduced
$1,799,000
-6.3%
MLS
5/17/2025
Listed
$1,920,000
—
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 King + Miller Real Estate (207) 805-3716
Sold by Keller Williams Coastal and Lakes & Mountains Realty (207) 475-0999

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8 College Avenue, Gorham, ME 04038 (MLS# 1623066) is a Multi-Family property that was sold at $1,799,000 on May 06, 2026. Want to learn more about 8 College Avenue? 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.