Movoto Real Estate
Sold on 05/01/2026
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771 Gray Rd, Gorham, ME 04038

  • $800,000

    Last sold 05/01/2026 after 123 Days

  • 4

    bed

  • 7

    bath

  • 4,673

    Sqft ($171/Sqft)

Multi-family not for sale
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About 771 Gray Rd

Property type Multi-family
Year built 1900
HOA fee $0/month
Lot size 0.59 Acre
Movoto estimate
Property description
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
Listed by
Listing Agent - Janice Pompe John Lesser
Listing Office - The Maine Real Estate Group
Source: MREIS mls logo
MLS#1647309 • last updated 1 month ago
Movoto checked MREIS for data 12 minutes ago
Overview
Heating Baseboard, Hot Water, Zoned
Levels/Style Multi-Level, Federal, 3
MLS # 1647309
Virtual Tour N/A
SqFt 4673
Status Closed
Lot Size (Acres) 0.59
Lot Size (Sqft) 25700.4
Property Tax 10031
Year Built 1900
Interior
Total # of Bathrooms 7
# Full Baths 5
# Half Baths 2
Flooring Tile, Vinyl, Hardwood
Exterior
Patio/ Porch Porch
Amenities / Utilities
Water Source Public
Location
Zoning UR
Multifamily Details
Total # Of Units 4
Operating Expense 29070
Gross Income 133200
$876K
Range: $789K-$964K
Last 30 days 
  • May 2026
    mls logo MLS # 1647309
  • May 3, 2026 Sold
    $800,000
  • Feb 25, 2026 Pending
  • Feb 13, 2026 Price Change
    $800,000
  • Feb 13, 2026 Price Change
    $799,999 (-3.6%)
  • Dec 29, 2025 Listed
    $830,000 (+0.6%)
  • Jan 2025
    mls logo MLS # 1597990
  • Jan 7, 2025 Expired
  • Aug 26, 2024 Price Change
    $825,000 (-2.9%)
  • Jul 24, 2024 Listed
    $850,000 (+3.0%)
  • Jul 15, 2024 Listed
    $825,000 (-8.3%)
  • Sep 2023
    mls logo MLS # 1564819
  • Sep 24, 2023 Expired
  • Sep 22, 2023 Price Change
    $900,000 (+5.9%)
  • Sep 7, 2023 Listed
  • Jul 17, 2023 Pending
  • Jul 10, 2023 Listed
    $850,000 (+5.6%)
  • Jun 2022
    mls logo MLS # 1522310
  • Jun 27, 2022 Sold
    $805,000 (+15.8%)
  • Apr 4, 2022 Pending
  • Mar 22, 2022 Listed
    $695,000 (+98.6%)
  • Apr 2016
    mls logo MLS # 1243218
  • Apr 19, 2016 Sold
    $350,000 (-4.1%)
  • Nov 4, 2015 Listed
    $365,000
  • 771 Gray Rd
    $800K
  • 04038
    $580K +5% y/y
  • Gorham
    $651K +11% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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