Prime investment opportunity on 1 acre near Gorham Village. This updated 2-bedroom, 1-bath home offers excellent value-add potential with a new metal roof, new drilled well, new four-bedroom septic, new heat pumps, new appliances, and a new screened-in porch. With 200-amp electric service already in place for an ADU, the property is well positioned for rental income, expanded living space, or future equity growth. Live in the home while you build and maximize the full potential of this versatile property.
Est. $2,504 per month, based on comparable rentals
Sale and tax history for 1 Straw Rd
Sale History
Tax History
Date
Event
Price
MREIS #1660387
Aug 19, 2026
Sold
$347,000
$459/sq ft
Jul 2, 2026
Price Changed
$335,000
$443/sq ft
Jun 22, 2026
Price Changed
$349,000
$462/sq ft
May 9, 2026
Listed
$375,000
$496/sq ft
MREIS #1578704
Feb 22, 2024
Sold
$210,000
$278/sq ft
Dec 5, 2023
Listed
$230,000
$304/sq ft
+1
Great Gorham location. Close to schools, shopping, gas, Jetport and more. Opportunity knocks- kitchen has been updated but many other features need attention. Property being sold as is. Come take a look.
MREIS #1574298
Nov 13, 2023
Price Changed
$245,000
$324/sq ft
Oct 21, 2023
Price Changed
$260,000
$344/sq ft
Oct 8, 2023
Listed
$280,000
$370/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,885 (+17.5%)
$73,200 + $121,700
$194,900
2024
$2,456 (+6.9%)
$73,200 + $93,900
$167,100
2023
$2,298 (+7.0%)
$73,200 + $93,900
$167,100
2022
$2,147 (+16.5%)
$73,200 + $93,900
$167,100
2021
$1,843 (+2.1%)
$54,000 + $41,000
$95,000
2020
$1,805 (+0.3%)
$54,000 + $41,000
$95,000
2019
$1,800 (+4.1%)
$54,000 + $41,000
$95,000
2018
$1,729 (+6.4%)
$54,000 + $41,000
$95,000
2017
$1,625 (+0.6%)
$54,000 + $41,000
$95,000
2016
$1,615 (+4.3%)
$54,000 + $41,000
$95,000
2015
$1,549 (+0.9%)
$54,000 + $41,000
$95,000
2014
$1,535
$49,700 + $38,500
$88,200
Public record
Beds
2
Baths
1
Stories
2
Lot width
—
Lot depth
—
Lot size
1 Acre
Year renovated
1973
Sq. Ft.
756
Year built
1940
Style
Single Family Residential
County
Cumberland County
APN
168978
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
Property details
Parking
Parking Information
Parking Features: Gravel, 1 - 4 Spaces
Interior
Bathroom Information
# of Baths (Full): 1
Room 1 Information
Type: Bedroom 1
Level: Second
Room 2 Information
Type: Kitchen
Level: First
Features: Eat-In Kitchen
Room 3 Information
Type: Bedroom 2
Level: Second
Room 4 Information
Type: Living Room
Level: First
Basement Information
Basement Entry: Bulkhead, Partial
Interior Features
# of Rooms: 4
Dryer, Electric Range, Refrigerator, Washer
Flooring: Wood
Other Equipment: Internet Access Available
Exterior
Building Information
Construction Materials: Wood Frame, Vinyl Siding
Roof: Metal
Total Building Area (Sq. Ft.): 756
Building Area Source: Public Records
Exterior Features
Patio & Porch Features: Screened Porch
Property Information
Property Sub Type: Single Family Residence
Year Built: 1940
Above-Grade Finished Area (Sq. Ft.): 756
Lot Information
Lot Size (Sq. Ft.): $43,560
Lot Size (Acres): 1
Lot Size Source: Public Records
Lot Features: Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Corner Lot
Road Surface Type: Paved
Zoning: Residential
Financial
Tax Information
Annual Tax Amount: $2,885
Tax Year: 2025
Utilities
Utility Information
Has Heating
Heating: Heat Pump
Has Cooling
Cooling: Heat Pump
Electric: Circuit Breakers
Sewer: Private Sewer, Septic Design Available, Mound Septic, Percolation Test on File
Utilities On: Yes
Water Source: Private, Well
Water Heater: Electric
Location
Location Information
Unparsed Address: 1 Straw Road, Gorham, ME 04038
Directions: From Portland/East: Take ME-25 W (Ossipee Trail) through Gorham Village. Turn onto Straw Road (typically left if coming from the village. right if coming from Standish).
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 756
Stories: 2.0
Lot Size: 1 acres
Style: Single Family Residential
Year Built: 1940
Year Renovated: 1973
County: Cumberland County
APN: 168978
Home facts updated by county records on Jul 27, 2026
Around this home
5/100 Car-Dependent19/100 Somewhat bikeable
Schools
Places
Transit
Village Elementary School-Gorham
Public K-5 • Assigned • 2.1mi
7/10
Gorham Middle School
Public 6-8 • Assigned • 1.4mi
8/10
Gorham High School
Public 9-12 • Assigned • 2.0mi
9/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 91° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Gorham, ME • 04038
Average low and high temperatures (°F)
30
13
33
12
45
26
55
36
65
46
77
56
82
61
79
57
74
51
62
40
48
30
34
17
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$271,000 – $328,000
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