This home's estimate is 32.4% lower than the average sale price ($958K) of 6 comparable homes.
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- Property details
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274 Gray Rd, North Yarmouth, ME 04097
About this home
Investors and Owner Occupiers take note! These numbers really work!! Exceptional opportunity to own a 3 unit apartment house w/ 2 car garage. This 3 unit is located on 3 areas of land w/ lots of parking and great privacy. All units have 2 bedrooms, living rooms, kitchen and full baths (1st floor unit has 2 baths). Current rent rates are below market value. Group showing 9/24 4-6pm.
Redfin Estimate
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Market trends in 04097, ME
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
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Provided by Redfin
Sale history for 274 Gray Rd
$104/sq ft
$99/sq ft
$85/sq ft
Tax history for 274 Gray Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Has Garage
- Attached Garage: Yes
- # of Garage Spaces: 2
- Parking Features: 11 - 20 Spaces, Gravel, On Site, Inside Entrance
- Vehicle Storage: 2 Car, Attached, Direct Entry to Living
Interior
- Bathroom Information
- # of Baths (Full): 4
- Basement Information
- Basement Entry: Walk-Out Access, Daylight
- Interior Features
- Interior Features: 1st Floor Bedroom
- Laundry Information
- Laundry Features: 1st Floor Laundry, Main Level
- Fireplace Information
- # of Fireplaces: 2
- Has Fireplace
- Multi-Unit Information
- # of Units Total: 3
- # of 2 Bedroom Units: 3
- Operating Expense: $9,944
- Gross Income: $35,100
- Unit 1 Information
- # of Bedrooms: 2
- Actual Rent: $925
- Dedicated Gas Meter: No
- Dedicated Water Heater: Yes
- Electric: No
- Has Heat: Yes
- Refrigerator: Yes
- Sewer: No
- Water: No
- Unit 2 Information
- # of Bedrooms: 2
- Actual Rent: $1,000
- Dedicated Gas Meter: No
- Dedicated Water Heater: Yes
- Electric: No
- Has Heat: Yes
- Refrigerator: Yes
- Sewer: No
- Water: No
- Unit 3 Information
- # of Bedrooms: 2
- Actual Rent: $1,000
- Dedicated Gas Meter: No
- Dedicated Water Heater: Yes
- Electric: No
- Has Heat: Yes
- Refrigerator: Yes
- Sewer: No
- Water: No
Exterior
- Building Information
- Construction Materials: Vinyl Siding, Wood Frame
- Foundation Details: Concrete Perimeter
- Roof: Shingle
- Total Stories: 2
- Total Building Area (Sq. Ft.): 3,424
- Property Information
- Year Built: 1970
- Above-Grade Finished Area (Sq. Ft.): 3,424
- Lot Information
- Lot Size (Sq. Ft.): $130,680
- Lot Size (Acres): 3
- Lot Size Source: Public Records
- Lot Features: Level, Wooded, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town
- Road Frontage Type: Private Road
- Road Surface Type: Gravel, Dirt, Paved
- Zoning: Farm/Forest
- Subdivision Information
- Subdivision Name: None
Financial
- Tax Information
- Annual Tax Amount: $4,623
- Tax Year: 2018
Utilities
- Utility Information
- Has Heating
- Heating: Other Heat System, Baseboard
- Electric: Circuit Breakers
- Sewer: Septic Tank, Private Sewer
- Utilities: Utilities On
- Utilities On: Yes
- Water Source: Well, Private
- Water Heater: Electric, Gas
Location
- School Information
- High School District: RSU 51/MSAD 51
- Location Information
- Unparsed Address: 274 Gray Road, North Yarmouth, ME 04097
- Directions: Route 115 to 274 Gray Road
Public facts
- Beds: 6
- Baths: 4.0
- Sq. Ft.: 1,728
- Stories: 1.0
- Lot Size: 3.04 acres
- Style: Multi-Family (2-4 Unit)
- Year Built: 1970
- Year Renovated: —
- County: Cumberland County
- APN: 22999
Around this home
Schools
Public PreK-3 • Assigned • 4.0mi
Public 6-8 • Assigned • 4.0mi
Public 9-12 • Assigned • 3.8mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 91° expected this year, 16 days in 30 years
27% chance of strong winds in next 30 years
1 unhealthy days expected this year, 1 days in 30 years
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.
Nearby similar homes
New listings for sale in 04097
Home values near 274 Gray Rd
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 3078 Sq. Ft. | $789,950 |
3 Beds | 1.5 Baths | 1522 Sq. Ft. | $505,709 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1652 Sq. Ft. | $554,835 |
4 Beds | 3 Baths | 4095 Sq. Ft. | $1,118,551 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 2592 Sq. Ft. | $758,188 |
3 Beds | 2.5 Baths | 2538 Sq. Ft. | $840,047 |
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