SOLD MAY 1, 2026

CLOSED on May 2026

$800,000

•

4,673

sq ft

771 Gray Rd, Gorham, ME 04038

About this home

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

Multi-familyProperty Type

1900Year Built

0.59 acresLot Size

$171Price/Sq.Ft.

11 spacesParking

Listed by Janice Pompeo John Lesser • The Maine Real Estate Group

Listed by Aakash Patel • The Maine Real Estate Group

Bought with Sarah Msuya • Dream Home Realty LLC

Redfin checked: a minute ago

•Source:MREIS #1647309

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 04038, ME

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

102.2%

+0.9% MoM

Median sale price

$645K

$10K MoM

Avg. days on market

19d

5 days MoM

Recently sold homes

33 MoM

New listings for sale

OPEN SAT, 10:30AM TO 12PM
$659,000
3 beds2.5 baths1,803 sq ft
37 Lochwood Dr, Gorham, ME 04038
$525,000
5 beds2 baths3,712 sq ft
243 Fort Hill Rd, Gorham, ME 04038
$879,000
4 beds2.5 baths3,210 sq ft
3 Harriman Way, Gorham, ME 04038
$740,000
3 beds2.5 baths2,589 sq ft
11 Windswept Dr #2, Gorham, ME 04038
$859,900
4 beds2.5 baths2,994 sq ft
103 Harding Bridge Rd, Gorham, ME 04038
OPEN SUN, 11AM TO 12:30PM
$475,000
3 beds1 bath2,009 sq ft
5 Spruce Ln, Gorham, ME 04038
OPEN SUN, 11AM TO 1PM
$650,000
3 beds2.5 baths2,184 sq ft
18 Fairway Commons Dr #1, Gorham, ME 04038
OPEN SUN, 11AM TO 1PM
$655,000
3 beds2.5 baths2,184 sq ft
23 Fairway Commons Dr #6, Gorham, ME 04038
$650,000
3 beds2.5 baths1,932 sq ft
12 Windswept Dr #26, Gorham, ME 04038
$849,000
4 beds2.5 baths3,120 sq ft
6 Settlers Way, Gorham, ME 04038
See all

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Sale and tax history for 771 Gray Rd

Sale History
Tax History

Date

Event

Price

MREIS #1647309

May 1, 2026

Sold

$800,000

$171/sq ft

Feb 13, 2026

Price Changed

$800,000

$171/sq ft

Feb 13, 2026

Price Changed

$799,999

$171/sq ft

Dec 29, 2025

Listed

$830,000

$178/sq ft

MREIS #1597990

Aug 26, 2024

Price Changed

$825,000

$177/sq ft

Jul 24, 2024

Listed

$850,000

$182/sq ft

MREIS #1564819

Sep 21, 2023

Price Changed

$900,000

$193/sq ft

Jul 10, 2023

Listed

$850,000

$182/sq ft

MREIS #1522310

Jun 22, 2022

Sold

$805,000

$172/sq ft

Mar 22, 2022

Listed

$695,000

$149/sq ft

MREIS #1243218

Apr 15, 2016

Sold

$350,000

$75/sq ft

Feb 2, 2016

Price Changed

$365,000

$78/sq ft

Nov 4, 2015

Listed

$375,000

$80/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$10,100 (+0.7%)

$150,800 + $531,600

$682,400

2024

$10,031 (+6.9%)

$150,800 + $531,600

$682,400

2023

$9,383 (+7.0%)

$150,800 + $531,600

$682,400

2022

$8,769 (+36.4%)

$150,800 + $531,600

$682,400

2021

$6,427 (+2.1%)

$97,300 + $234,000

$331,300

2020

$6,295 (+0.3%)

$97,300 + $234,000

$331,300

2019

$6,278 (+4.1%)

$97,300 + $234,000

$331,300

2018

$6,030 (+6.4%)

$97,300 + $234,000

$331,300

2017

$5,665 (+0.6%)

$97,300 + $234,000

$331,300

2016

$5,629 (−3.8%)

$97,100 + $234,000

$331,100

2015

$5,850 (+14.8%)

$124,900 + $234,000

$358,900

2014

$5,098

$94,800 + $198,200

$293,000

Public record

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

0.59 Acres

Year renovated

1989

Sq. Ft.

4,673

Year built

1900

Style

Multi-Family (5+ Unit)

County

Cumberland County

APN

173792

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

Property details

Parking

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

Interior

Virtual Tour

Bathroom Information
# of Baths (1/2): 2
# of Baths (Full): 5

Basement Information
Basement Entry: Interior, Walk-Out Access, Brick/Mortar, Doghouse, Unfinished

Interior Features
Interior Features: 1st Floor Bedroom, Bathtub
Flooring: Vinyl, Tile

Fireplace Information
# of Fireplaces: 4
Has Fireplace

Multi-Unit Information
# of Units Total: 4
# of 2 Bedroom Units: 3
# of 4 Bedroom Units: 1
Operating Expense: $29,070
Gross Income: $133,200

Unit 1 Information
# of Bedrooms: 2
Actual Rent: $2,000
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2 Information
# of Bedrooms: 4
Actual Rent: $4,300
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3 Information
# of Bedrooms: 2
Actual Rent: $3,000
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 4 Information
# of Bedrooms: 2
Actual Rent: $1,800
Dedicated Electric Meter: Yes
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: No
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Exterior

Building Information
Construction Materials: Brick, Masonry
Foundation Details: Granite, Brick/Mortar
Roof: Pitched, Shingle
Total Building Area (Sq. Ft.): 4,673

Exterior Features
Patio & Porch Features: Porch

Property Information
Year Built: 1900
Above-Grade Finished Area (Sq. Ft.): 4,673
Levels: Multi-Level

Lot Information
Lot Size (Sq. Ft.): $25,700.40
Lot Size (Acres): 0.59
Lot Size Source: Public Records
Lot Features: Open, Level, Sidewalks, Intown
Road Surface Type: Paved
Zoning: UR

Financial

Tax Information
Annual Tax Amount: $10,031
Tax Year: 2024

Utilities

Utility Information
Has Heating
Heating: Zoned, Hot Water, Baseboard
Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Public
Water Heater: Off Heating System

Location

HOA Information
Pets Allowed: No Cats Allowed, No Dogs Allowed

Location Information
Unparsed Address: 771 Gray Road, Gorham, ME 04038
Directions: GPS COMPATIBLE

Public facts

Beds: —
Baths: —
Sq. Ft.: 4,673
Stories: 2.0
Lot Size: 0.59 acres
Style: Multi-Family (5+ Unit)
Year Built: 1900
Year Renovated: 1989
County: Cumberland County
APN: 173792

Home facts updated by county records on Jul 27, 2026

Around this home

22/100 Car-Dependent17/100 Somewhat bikeable

Schools
Places
Transit

Great Falls Elementary School

Public K-5 • Assigned • 0.4mi

8/10

Gorham Middle School

Public 6-8 • Assigned • 4.6mi

8/10

Gorham High School

Public 9-12 • Assigned • 4.0mi

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 92° 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

96/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.4 hrs

5.8 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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New listings for sale in 04038

OPEN SAT, 10:30AM TO 12PM

$659,000

3 beds2.5 baths1,803 sq ft

37 Lochwood Dr, Gorham, ME 04038

$525,000

5 beds2 baths3,712 sq ft

243 Fort Hill Rd, Gorham, ME 04038

$879,000

4 beds2.5 baths3,210 sq ft

3 Harriman Way, Gorham, ME 04038

$740,000

3 beds2.5 baths2,589 sq ft

11 Windswept Dr #2, Gorham, ME 04038

$859,900

4 beds2.5 baths2,994 sq ft

103 Harding Bridge Rd, Gorham, ME 04038

OPEN SUN, 11AM TO 12:30PM

$475,000

3 beds1 bath2,009 sq ft

5 Spruce Ln, Gorham, ME 04038

OPEN SUN, 11AM TO 1PM

$650,000

3 beds2.5 baths2,184 sq ft

18 Fairway Commons Dr #1, Gorham, ME 04038

OPEN SUN, 11AM TO 1PM

$655,000

3 beds2.5 baths2,184 sq ft

23 Fairway Commons Dr #6, Gorham, ME 04038

$650,000

3 beds2.5 baths1,932 sq ft

12 Windswept Dr #26, Gorham, ME 04038

Home values near 771 Gray Rd

Data from public records.

Address	Redfin Estimate
776 Gray Rd, Gorham, ME 5 Beds \| 2 Baths \| 2150 Sq. Ft.	$405,809
772 Gray Rd, Gorham, ME 4 Beds \| 2 Baths \| 2294 Sq. Ft.	$471,962

Address	Redfin Estimate
752 Gray Rd, Gorham, ME 3 Beds \| 1 Baths \| 1452 Sq. Ft.	$417,184
751 Gray Rd, Gorham, ME 2 Beds \| 1 Baths \| 1329 Sq. Ft.	$417,720

Address	Redfin Estimate
762 Gray Rd, Gorham, ME 4 Beds \| 1 Baths \| 1933 Sq. Ft.	$359,107
759 Gray Rd, Gorham, ME 4 Beds \| 1 Baths \| 1754 Sq. Ft.	$371,452

Property information provided by MREIS when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 04038, ME

Homeowner tools

Sale and tax history for 771 Gray Rd

Public record

Property details

Around this home

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 04038

Home values near 771 Gray Rd

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