Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$535,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
  • 1.17 Acres
  • 2 Car Garage
  • Updated 4 days ago
See This Home
Save This Home
See This Home
Save This Home
Charming 2-unit property full of classic character, ideally located just minutes from Windham schools, shopping, and local amenities. This multi-family offers a strong rental history with reliable income, making it a great opportunity for both investors and owner-occupants. Each unit features original charm with modern touches and plenty of natural light, while the property provides ample parking and a convenient location for tenants. A rare chance to own a solid income-producing property in a great area.

Full Property Details for 389 Gray Rd

General

  • Price: $535,000
  • Taxes: $5,932 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: MREIS
  • MLS ID: 1654048
  • Updated: 3/12/2026
  • Added to Site: 5 day(s) ago

Interior

  • Interior Features: 1st Floor Bedroom, Bathtub, Storage
  • Flooring: Wood, Tile, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Additional Information

  • Equipment: Internet Access Available

Exterior

  • Porch/Patio/Deck: Deck

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: 5 - 10 Spaces, Gravel, On-Site Parking, Detached, Off Street

Location

  • County: Cumberland

Community

  • Pets Allowed: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water, Forced Air, Direct Vent Heater, Direct Vent Furnace, Baseboard

Utilities

  • Sewer: Septic Tank, Private Sewer
  • Water: Public
  • Utility Description: Utilities On

Structural Information

  • Architectural Style: Other, Farmhouse
  • Structure Type: Duplex
  • Construction: Vinyl Siding, Wood Frame
  • Roof: Fiberglass, Pitched, Shingle
  • Stories/Levels: 2
  • Building Size: 2916
  • Square Feet: 2,916
  • Living Area: 2,916 Sq. Ft.
  • Finished Total: 2,916 Sq. Ft.
  • Finished Above Grnd: 2,916 Sq. Ft.
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 1.17
  • Lot Size (Sq. Ft.): 50,965.2
  • Lot Size Source: Public Records
  • Zoning: Farm
  • Lot Description: Open, Level, Near Town, Rural, Suburban

Financial Considerations

  • Tax Amount: $5,932
  • Tax Year: 2025

Disclosures and Reports

  • Lot Number: 8

Listed by Portside Real Estate Group (207) 619-7571

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 389 Gray Rd —

  • Portside Real Estate Group

    207-619-7571

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 389 Gray Rd

School District:Regional School Unit 14
NameGradesDistance
Windham Primary School
404 Gray Road, Windham, ME 04062
K-30.1 mi
Manchester School
709 Roosevelt Trail, Windham, ME 04062
4-53.6 mi
Windham Middle School, Windham, ME
408 Gray Road, Windham, ME 04062
6-80.4 mi
Windham High School, Windham, ME
406 Gray Road, Windham, ME 04062
9-120.3 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 389 Gray Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/12/2026
Listed
$535,000
42.67%
MLS
8/10/2020
Sold
$375,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 389 Gray Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,932
5%
$491,900
—
2024
$5,642
8%
$491,900
5%
2023
$5,233
12%
$467,200
16%
2022
$4,687
14%
$403,700
23%
2021
$4,123
-7%
$327,200
11%
2020
$4,415
2%
$294,300
—
2019
$4,309
7%
$294,300
11%
2018
$4,014
5%
$264,400
14%
2017
$3,825
5%
$232,800
—
2016
$3,655
16%
$232,800
12%
2015
$3,157
15%
$208,400
11%
2014
$2,749
9%
$187,400
8%
2013
$2,513
—
$173,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 389 Gray Rd

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Portside Real Estate Group (207) 619-7571

Just Listed near 389 Gray Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

Lot# 1 Summit Rd, Gray, ME 04039 - Photo 1 Just Listed
$165,000

Lot# 1 Summit Rd  Gray, ME 04039

  • Lots/Land
  • Active
  • Updated 4 days ago
  • 1.84
    Acres
Listed by Getty Real Estate Services, LLC
270 Mayall Rd, Gray, ME 04039 - Photo 1 Just Listed
$700,000

270 Mayall Rd  Gray, ME 04039

  • Multi-Family
  • Active
  • Updated 4 days ago
  • 2
    Units
  • 2.05
    Acres
Listed by Keller Williams Realty
52 Woodcock Rd, Gray, ME 04039 - Photo 1 Just Listed
$729,000

52 Woodcock Rd  Gray, ME 04039

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,880
    Sq. Ft.
Listed by Town & Shore Real Estate
99 Deep Cove Rd, Raymond, ME 04071 - Photo 1 Just Listed
$497,500

99 Deep Cove Rd  Raymond, ME 04071

  • Single Family
  • Active
  • Updated 7 hours ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,144
    Sq. Ft.
Listed by Better Homes & Gardens Real Estate/The Masiello Group

Price Reduced near 389 Gray Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

52 Colley Hill Rd, Gray, ME 04039 - Photo 1 Price Reduced
-$5,000 (-0.85%)
$585,000

52 Colley Hill Rd  Gray, ME 04039

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,420
    Sq. Ft.
Listed by The Maine Real Estate Experience
27 Bull Run, Gray, ME 04039 - Photo 1 Price Reduced
-$10,000 (-1.49%)
$659,000

27 Bull Run  Gray, ME 04039

  • Single Family
  • Active
  • Updated 5 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,808
    Sq. Ft.
Listed by Landing Real Estate
1097 Pequawket Trail, Standish, ME 04085 - Photo 1 Price Reduced
-$20,000 (-7.02%)
$265,000

1097 Pequawket Trail  Standish, ME 04085

  • Single Family
  • Active
  • Updated 6 days ago
  • 2
    Beds
  • 1
    Total Bath
  • 1,624
    Sq. Ft.
Listed by FIV Realty Co Maine, LLC
202 Cole Hill Rd, Standish, ME 04084 - Photo 1 Price Reduced
-$15,100 (-2.24%)
$659,900

202 Cole Hill Rd  Standish, ME 04084

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 4
    Total Baths
  • 2,243
    Sq. Ft.
Listed by JC North East Real Estate

Recent Sales near 389 Gray Rd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

56 Poplar Ridge Ln, Windham, ME 04062 - Photo 1 Sold
$583,000

56 Poplar Ridge Ln  Windham, ME 04062

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 3,446
    Sq. Ft.
Listed by Century 21 North East
Sold by EXP Realty
4 Varney Mill Rd, Windham, ME 04062 - Photo 1 Sold
$550,000

4 Varney Mill Rd  Windham, ME 04062

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,802
    Sq. Ft.
Listed by Portside Real Estate Group
Sold by Keller Williams Realty
4 Monique Dr, Windham, ME 04062 - Photo 1 Sold
$578,000

4 Monique Dr  Windham, ME 04062

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,473
    Sq. Ft.
Listed by Keller Williams Realty
Sold by Better Homes & Gardens Real Estate/The Masiello Group
24 Varney Mill Rd, Windham, ME 04062 - Photo 1 Sold
$460,000

24 Varney Mill Rd  #3  Windham, ME 04062

  • Condo
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 1,632
    Sq. Ft.
Listed by Keller Williams Realty
Sold by Keller Williams Realty

389 Gray Road, Windham, ME 04062 (MLS# 1654048) is a Multi-Family property with 2 units containing 0 bedrooms and 3 full bathrooms. 389 Gray Road is currently listed for $535,000 and was received on March 12, 2026. Want to learn more about 389 Gray Road? Do you have questions about finding other Multi-Family real estate for sale in Windham? You can browse all Windham real estate or contact a Coldwell Banker agent to request more information.

Tour this property