OFF MARKET

Off Market Oct 2021 for $1.4M

—

•

7,415

sq ft

272 Portland Rd, Gray, ME 04039

About this home

Great cash flow at a 9 Cap with very low vacancy. Busy Bee Cabins in Gray consists of 11 Cabins, 2 single wide trailers, 1 triplex, and the Main house with owner or manager quarters and 2 additional apartments. Seller built a 2 story barn/garage which is 40x60 with 2400s/f on 1st floor and 1200s/f of storage space on 2nd floor which can be finished. The 1st floor ceiling is 15' with an 12x13.6 overhead door, radiant heat, epoxy floors, 3/4 bath. Current manager would stay on for new owners.

Multi-familyProperty Type

1950Year Built

7.5 acresLot Size

$192Price/Sq.Ft.

4060 car garageParking

Listed by Edward Herczeg • Bean Group

Bought with Louis Croce • Signature Homes Real Estate Group, LLC

Redfin checked: a minute ago

•Source:MREIS #1488660

Redfin Estimate

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

Market trends in 04039, ME

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.2%

0.7% MoM

Median sale price

$580K

$30K MoM

Avg. days on market

40d

20 days MoM

Recently sold homes

7 MoM

New listings for sale

NEW 7 HRS AGO
$180,000
3 beds2 baths1,140 sq ft
127 Shaker Rd #37, Gray, ME 04039
$410,000
4 beds1 bath1,350 sq ft
7 Marie St, Gray, ME 04039
$450,000
2 beds2 baths1,356 sq ft
4 Misty Dr, Gray, ME 04039
$594,900
3 beds2.5 baths1,632 sq ft
129 Mayberry Rd, Gray, ME 04039
See all

Provided by Redfin

Sale history for 272 Portland Rd

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Cumberland County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on May 18, 2022.

LMOD

Commercial District

This is a district designed to continue the Rural New England character by providing services and shopping opportunities to the residents of the community and to visitors. It is designed to encourage a pleasant, shopping environment. Commercial establishments may be more auto intensive than in the Village District.

Zone overlays

Light Manufacturing Overlay District

Permitted uses

Include but are not limited to:

Agriculture
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Bed & breakfast
Office
Office-Other

Property details

Parking

Parking Information
Has Garage
# of Garage Spaces: 4,060
Parking Features: Storage Above, Heated, 21+ Spaces, Gravel, Reclaimed, Common, Detached
Vehicle Storage: Detached, Heated, Storage Above

Interior

Bathroom Information
# of Baths (1/2): 1
# of Baths (Full): 19

Basement Information
Basement Entry: Bulkhead

Interior Features
Flooring: Wood, Vinyl, Laminate

Multi-Unit Information
# of Units Total: 19
# of 1 Bedroom Units: 18
# of 2 Bedroom Units: 1
Operating Expense: $79,522
Gross Income: $225,923

Unit 1 Information
# of Bedrooms: 1
Actual Rent: $1,200
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 2 Information
# of Bedrooms: 1
Actual Rent: $880
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 3 Information
# of Bedrooms: 1
Actual Rent: $1,083
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 4 Information
# of Bedrooms: 1
Actual Rent: $880
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 5 Information
# of Bedrooms: 1
Actual Rent: $880
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 6 Information
# of Bedrooms: 1
Actual Rent: $1,200
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 7 Information
# of Bedrooms: 1
Actual Rent: $880
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 8 Information
# of Bedrooms: 1
Actual Rent: $880
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 9 Information
# of Bedrooms: 1
Actual Rent: $1,126
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Unit 10 Information
# of Bedrooms: 1
Actual Rent: $880
Dedicated Gas Meter: No
Dedicated Water Heater: Yes
Electric: Yes
Has Heat: Yes
Level: First
Refrigerator: Yes
Sewer: Yes
Water: Yes

Exterior

Building Information
Construction Materials: Other Exterior, Wood Frame
Foundation Details: Concrete Perimeter, Slab
Roof: Rolled/Hot Mop, Shingle
Total Building Area (Sq. Ft.): 7,415

Property Information
Year Built: 1950
Above-Grade Finished Area (Sq. Ft.): 7,415

Lot Information
Lot Size (Sq. Ft.): $326,700
Lot Size (Acres): 7.5
Lot Size Source: Survey
Lot Features: Level, Wooded, Near Turnpike/Interstate, Near Town
Road Frontage Type: Private Road
Road Surface Type: Gravel, Dirt
Zoning: Commercial, Res, Ag

Financial

Tax Information
Annual Tax Amount: $11,909
Tax Year: 2020

Utilities

Utility Information
Has Heating
Heating: Direct Vent Heater, Baseboard
Has Cooling
Cooling: Wall/Window Unit(s)
Electric: Circuit Breakers
Sewer: Private Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Private
Water Heater: Electric, Off Heating System

Location

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

Location Information
Unparsed Address: 272 Portland Road, Gray, ME 04039
Directions: From Portland/Falmouth take Portland Road - Route 100 North, toward Gray.

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Cumberland County
APN: —

Home facts updated by county records on May 18, 2022

Around this home

Schools

Russell School

Public K-2 • Assigned • 3.1mi

Gray-New Gloucester Middle School

Public 5-8 • Assigned • 4.2mi

5/10

Gray-New Gloucester High School

Public 9-12 • Assigned • 4.3mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Gray, ME • 04039

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 8.2 hours in June and 4 hours in December, placing it below the U.S. average for solar exposure.

8.2 hrs

4 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

$395,000

Land— sq ft

62 Waterville St, Portland, ME 04101

$225,000

1 bed1 bath450 sq ft

9 Cole St Unit 2A, South Portland, ME 04106

$1,500,000

12 beds5 baths6,100 sq ft

61 Wilson St, Portland, ME 04101

$1,575,000

8 beds7 baths4,654 sq ft

80 Wilson St, Portland, ME 04101

$2,595,000

8 beds8 baths7,969 sq ft

133 Free St, Portland, ME 04101

$1,150,000

8 beds6 baths4,102 sq ft

8 Spring St, Westbrook, ME 04092

New listings for sale in 04039

NEW 7 HRS AGO

$180,000

3 beds2 baths1,140 sq ft

127 Shaker Rd #37, Gray, ME 04039

$410,000

4 beds1 bath1,350 sq ft

7 Marie St, Gray, ME 04039

$450,000

2 beds2 baths1,356 sq ft

4 Misty Dr, Gray, ME 04039

$594,900

3 beds2.5 baths1,632 sq ft

129 Mayberry Rd, Gray, ME 04039

Home values near 272 Portland Rd

Data from public records.

Address	Redfin Estimate
267 Portland Road, Gray, ME 3 Beds \| 2.5 Baths \| 1761 Sq. Ft.	$486,535
250 Portland Road, Gray, ME 2 Beds \| 1 Baths \| 912 Sq. Ft.	$236,879

Address	Redfin Estimate
257 Portland Road, Gray, ME 3 Beds \| 1.5 Baths \| 2200 Sq. Ft.	$488,977
285 Portland Road, Gray, ME 3 Beds \| 2.5 Baths \| 1811 Sq. Ft.	$560,210

Address	Redfin Estimate
275 Portland Road, Gray, ME 3 Beds \| 1 Baths \| 1008 Sq. Ft.	$334,532
315 Portland Road, Gray, ME 2 Beds \| 1 Baths \| 1000 Sq. Ft.	$411,468

Property information provided by MREIS when last listed in 2021. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Cumberland homes for sale
Buxton homes for sale
Sebago homes for sale
Harpswell homes for sale
Turner homes for sale

Houses for sale near me	Portland, ME homes for sale	Bangor, ME homes for sale
Land for sale near me	Scarborough, ME homes for sale	Kittery, ME homes for sale
Open Houses near me	South Portland, ME homes for sale	Gray Property Records
Condos for sale near me	Falmouth, ME homes for sale	ME New Listings
Agents near me	Cape Elizabeth, ME homes for sale	Gray Housing Market

Falmouth homes for sale
Scarborough homes for sale
Portland homes for sale