OFF MARKET

Off market may 2024 for $765K

$849,480

•

5,607

sq ft

847 Gray Rd, Gorham, ME 04038

About this home

This remarkable Federal style building is currently configured as a two-unit offering over 5600sqft of living space with plenty of parking and 153 feet of Presumpscot River frontage with its own dock. Gorgeous upscale rental units with 8 huge bedrooms, wood floors, exposed beams, custom granite kitchens, built-ins and period details throughout. Unit #1 located on the first floor offers 2448 sqft, a 3-bedroom unit. Unit #2 located on the 2nd and 3rd floors offers 3159 sqft, a 5-bedroom unit. The sellers have replaced the windows in the main house and replaced the roof shingles. This property has great visibility located in the heart of Gorham's Little Falls District, the current focus of a joint effort between Gorham and Windham with a Master Revitalization Plan underway. The current zone allows for mixed use and rooming houses like reentry or courage houses. Also, part of Gorham's Small Dwelling Overlay District lucrative for reconfiguring with more units. Join other investors like JCS Properties, LLC who just launched Red City Ale House, STJ, Inc who just completed an 8-unit condo project, Depot Street new apartment complex and Backwoods BBQ along with the Gorham Economic Development Corporation that sponsors the Food Truck Thursday's event at Little Falls Recreational Area. This property would be a great investment or multi-generational home with plenty of room for most any family.

Multi-familyProperty Type

1824Year Built

1.24 acresLot Size

$152Est. Price/Sq.Ft.

5 spacesParking

Listed by Peter Mason • PO-GO REALTY

Bought with Peter Mason • PO-GO REALTY

Redfin checked: a few seconds ago

•Source:MREIS #1571607

Redfin Estimate

$849,480

$84K since sold in May 2024$4,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 20% higher than the average sale price ($708K) of 6 comparable homes.

SOLD APR 30, 2026
$525,000
A
5 beds3 baths2,916 sq ft
389 Gray Rd, Windham, ME 04062
SOLD OCT 1, 2026
$710,000
B
4 beds3.5 baths2,758 sq ft
58 Underhill Dr, Gorham, ME 04038
SOLD BY REDFIN OCT 9, 2026
$630,000
C
3 beds3 baths2,900 sq ft
107 Pope Rd, Windham, ME 04062
SOLD APR 7, 2026
$815,000
D
4 beds2.5 baths3,128 sq ft
29 Victoria Ln, Windham, ME 04062
SOLD FEB 27, 2026
$812,500
E
4 beds2.5 baths3,049 sq ft
18 Victoria Ln, Windham, ME 04062
SOLD JUN 18, 2026
$755,000
F
4 beds2.5 baths3,402 sq ft
35 Barstow Rd, Gorham, ME 04038

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$213,635

Est. take-home

List your home with Redfin and save $8,495

Market trends in 04038, ME

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

103.2%

0.2% MoM

Median sale price

$640K

$8K MoM

Avg. days on market

25d

5 days MoM

Recently sold homes

25 MoM

New listings for sale

OPEN NOV 1, 10:30AM TO 12PM
$379,900
3 beds1 bath955 sq ft
55 Newell St, Gorham, ME 04038
OPEN SAT, 11AM TO 1PM
$650,000
3 beds2.5 baths2,184 sq ft
22 Fairway Commons Dr #3, Gorham, ME 04038
$558,000
2 beds2 baths1,839 sq ft
55 Ridgefield Dr #34, Gorham, ME 04038
$449,000
2 beds4 baths1,000 sq ft
14 Thistle Dr #2, Gorham, ME 04038
$565,000
3 beds1.5 baths1,498 sq ft
125 N Gorham Rd, Gorham, ME 04038
OPEN SUN, 1PM TO 3PM
$470,000
4 beds1 bath1,440 sq ft
206 County, Gorham, ME 04038
$509,000
3 beds1.5 baths1,331 sq ft
111 Barstow Rd, Gorham, ME 04038
$489,000
3 beds2.5 baths2,112 sq ft
25 Fieldcrest Dr, Gorham, ME 04038
$535,000
3 beds2 baths1,458 sq ft
6 Karter Dr #21, Gorham, ME 04038
OPEN SAT, 2PM TO 4PM
$500,000
2 beds2 baths2,024 sq ft
451 South St, Gorham, ME 04038
See all

Provided by Redfin

Sale history for 847 Gray Rd

Date

Event

Price

MREIS #1571607

May 3, 2024

Sold

$765,000

$136/sq ft

Mar 8, 2024

Price Changed

$799,000

$143/sq ft

Oct 18, 2023

Price Changed

$825,000

$147/sq ft

Sep 26, 2023

Price Changed

$875,000

$156/sq ft

Sep 11, 2023

Listed

$950,000

$169/sq ft

MREIS #1573074

Mar 8, 2024

Price Changed

$799,000

$143/sq ft

Oct 18, 2023

Price Changed

$825,000

$147/sq ft

Sep 26, 2023

Listed

$875,000

$156/sq ft

MREIS #1253464

May 20, 2016

Sold

$205,000

$37/sq ft

Mar 7, 2016

Listed

$219,900

$39/sq ft

MREIS #1249575

Jan 28, 2016

Listed

$219,900

$39/sq ft

MREIS #1234136

Jan 15, 2016

Price Changed

$219,900

$39/sq ft

Dec 4, 2015

Price Changed

$229,900

$41/sq ft

Nov 11, 2015

Listed

$259,900

$46/sq ft

MREIS #1246157

Dec 10, 2015

Listed

$229,900

$41/sq ft

MREIS #721424

Sep 16, 2004

Listed

$489,000

$87/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$10,410 (+0.7%)

$74,600 + $628,800

$703,400

2024

$10,340 (+6.9%)

$74,600 + $628,800

$703,400

2023

$9,672 (+7.0%)

$74,600 + $628,800

$703,400

2022

$9,039 (+36.6%)

$74,600 + $628,800

$703,400

2021

$6,615 (+2.1%)

$45,600 + $295,400

$341,000

2020

$6,479 (+0.3%)

$45,600 + $295,400

$341,000

2019

$6,462 (+4.1%)

$45,600 + $295,400

$341,000

2018

$6,206 (+6.4%)

$45,600 + $295,400

$341,000

2017

$5,831 (−15.6%)

$45,600 + $295,400

$341,000

2016

$6,911 (+4.3%)

$115,800 + $290,700

$406,500

2015

$6,626 (+0.2%)

$115,800 + $290,700

$406,500

2014

$6,612

$107,900 + $272,100

$380,000

Tax history for 847 Gray Rd

Year

Property tax

Land + Additions

Assessment*

2025

$10,410 (+0.7%)

$74,600 + $628,800

$703,400

2024

$10,340 (+6.9%)

$74,600 + $628,800

$703,400

2023

$9,672 (+7.0%)

$74,600 + $628,800

$703,400

2022

$9,039 (+36.6%)

$74,600 + $628,800

$703,400

2021

$6,615 (+2.1%)

$45,600 + $295,400

$341,000

2020

$6,479 (+0.3%)

$45,600 + $295,400

$341,000

2019

$6,462 (+4.1%)

$45,600 + $295,400

$341,000

2018

$6,206 (+6.4%)

$45,600 + $295,400

$341,000

2017

$5,831 (−15.6%)

$45,600 + $295,400

$341,000

2016

$6,911 (+4.3%)

$115,800 + $290,700

$406,500

2015

$6,626 (+0.2%)

$115,800 + $290,700

$406,500

2014

$6,612

$107,900 + $272,100

$380,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

1.24 Acres

Year renovated

1997

Sq. Ft.

4,032

Year built

1824

Style

Multi-Family (2-4 Unit)

County

Cumberland County

APN

173782

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

Property details

Parking

Parking Information
Parking Features: 5 - 10 Spaces, Paved, On Site

Interior

Bathroom Information
# of Baths (Full): 3

Basement Information
Basement Entry: Interior, Doghouse, Bulkhead, Unfinished

Interior Features
Interior Features: Storage
Window Features: Double-Pane Windows
Flooring: Wood, Tile
Other Equipment: Internet Access Available

Laundry Information
Laundry Features: Washer Hookup

Fireplace Information
# of Fireplaces: 2
Has Fireplace

Multi-Unit Information
# of Units Total: 2
# of 3 Bedroom Units: 1
# of 4 Bedroom Units: 1
Operating Expense: $29,771

Unit 1 Information
# of Bedrooms: 5
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: Second
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2 Information
# of Bedrooms: 3
Dedicated Gas Meter: No
Dedicated Water Heater: No
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Exterior

Building Information
Construction Materials: Wood Siding, Wood Frame
Foundation Details: Block, Stone, Granite
Roof: Shingle
Total Stories: 3
Total Building Area (Sq. Ft.): 5,607

Property Information
Year Built: 1824
Above-Grade Finished Area (Sq. Ft.): 5,607
Levels: Multi-Level

Lot Information
Lot Size (Sq. Ft.): $54,014.40
Lot Size (Acres): 1.24
Lot Size Source: Public Records
Lot Features: Well Landscaped, Sidewalks, Intown, Neighborhood
Road Surface Type: Paved
Zoning: LFVCD & UR

Waterfront Information
Waterfront: Yes
Water Body Name: Presumpscot River
Water Body Type: River

Financial

Tax Information
Annual Tax Amount: $9,039
Tax Year: 2022

Utilities

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

Location

School Information
High School District: Gorham Public Schools

Location Information
Unparsed Address: 847 Gray Road, Gorham, ME 04038
Directions: From Gorham Village follow Gray Road to #847. Located between the Little Falls traffic circle and the Presumpscot River.

Public facts

Beds: 8
Baths: 3.0
Sq. Ft.: 4,032
Stories: 2.0
Lot Size: 1.24 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1824
Year Renovated: 1997
County: Cumberland County
APN: 173782

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Great Falls Elementary School

Public K-5 • Assigned • 0.4mi

8/10

Gorham Middle School

Public 6-8 • Assigned • 4.7mi

8/10

Gorham High School

Public 9-12 • Assigned • 4.1mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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

In this area, properties receive around 8.4 hours in June and 4.2 hours in December, placing it below the U.S. average for solar exposure.

8.4 hrs

4.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$808,000 – $977,000

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Nearby similar homes

OPEN NOV 1, 10:30AM TO 12PM

$379,900

3 beds1 bath955 sq ft

55 Newell St, Gorham, ME 04038

$395,000

3 beds2 baths1,508 sq ft

65 High St, Windham, ME 04062

OPEN SAT, 11AM TO 12:30PM

$625,000

3 beds2.5 baths1,728 sq ft

279 Highland Cliff Rd, Windham, ME 04062

$575,000

5 beds3 baths3,444 sq ft

4 N North Gorham Rd, Gorham, ME 04038

$1,150,000

4 beds4.5 baths3,030 sq ft

21 Mighty St, Gorham, ME 04038

$579,000

4 beds2.5 baths2,667 sq ft

180 Highland Cliff Rd, Windham, ME 04062

New listings for sale in 04038

OPEN NOV 1, 10:30AM TO 12PM

$379,900

3 beds1 bath955 sq ft

55 Newell St, Gorham, ME 04038

OPEN SAT, 11AM TO 1PM

$650,000

3 beds2.5 baths2,184 sq ft

22 Fairway Commons Dr #3, Gorham, ME 04038

$558,000

2 beds2 baths1,839 sq ft

55 Ridgefield Dr #34, Gorham, ME 04038

$449,000

2 beds4 baths1,000 sq ft

14 Thistle Dr #2, Gorham, ME 04038

$565,000

3 beds1.5 baths1,498 sq ft

125 N Gorham Rd, Gorham, ME 04038

OPEN SUN, 1PM TO 3PM

$470,000

4 beds1 bath1,440 sq ft

206 County, Gorham, ME 04038

$509,000

3 beds1.5 baths1,331 sq ft

111 Barstow Rd, Gorham, ME 04038

$489,000

3 beds2.5 baths2,112 sq ft

25 Fieldcrest Dr, Gorham, ME 04038

$535,000

3 beds2 baths1,458 sq ft

6 Karter Dr #21, Gorham, ME 04038

Home values near 847 Gray Rd

Data from public records.

Address	Redfin Estimate
856 Gray Rd, Gorham, ME 2 Beds \| 1 Baths \| 1047 Sq. Ft.	$379,051
855 Gray Rd, Gorham, ME 3 Beds \| 2 Baths \| 2041 Sq. Ft.	$452,755

Address	Redfin Estimate
828 Gray Rd, Gorham, ME 10 Beds \| 4.5 Baths \| 3896 Sq. Ft.	—
859 Gray Rd, Gorham, ME 2 Beds \| 2 Baths \| 1527 Sq. Ft.	$431,269

Address	Redfin Estimate
825 Gray Rd, Gorham, ME 3 Beds \| 1 Baths \| 1037 Sq. Ft.	$295,842
846 Gray Rd, Gorham, ME 4 Beds \| 1.5 Baths \| 1848 Sq. Ft.	$403,185

Property information provided by MREIS when last listed in 2023. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 04038, ME

Sale history for 847 Gray Rd

Tax history for 847 Gray Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 04038

Home values near 847 Gray Rd

More real estate resources