725 Gray Rd, Gorham, ME 04038
Property image
Property image
OFF MARKET

$516,000

Trulia Estimate
  • Studio
  • 4 Baths
  • 2,000 sqft (on 0.72 acres)

725 Gray Rd, Gorham, ME 04038

Est. Refi. Payment $3,351/mo*
Refinance Your Home
Currently Off Market - Sold Jul 27, 2018 for $285,000

Home Value

Trulia Estimate
$516K
Since last month
Increased$8K (+1.6%)
Since last year
Increased$30K (+6.1%)
Since last sale
Increased$231K (+81.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +125% in the last 10 years
MonthEstimated value
2026
September 2026$516K
September 2026$511K
August 2026$508K
July 2026$519K
June 2026$526K
May 2026$511K
April 2026$514K
March 2026$488K
February 2026$485K
January 2026$478K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
771 Gray Road, Gorham, ME
0.11
Multi-Family Home
$800,000
05/01/26
10
6
4,673
91 Queen St, Gorham, ME
1.72
Multi-Family Home
$515,000
11/10/25
4
2
2,137
370 Main Street, Gorham, ME
2.97
Multi-Family Home
$510,000
06/23/26
4
2
2,136
10 Land Of Nod Road, Windham, ME
3.38
Multi-Family Home
$551,000
03/25/26
4
2
1,248
389 Gray Road, Windham, ME
3.68
Multi-Family Home
$525,000
04/30/26
5
3
2,916
6 Narragansett Street, Gorham, ME
3.73
Multi-Family Home
$525,000
09/04/26
6
3
3,148
315 Conant Street, Westbrook, ME
3.80
Multi-Family Home
$585,000
01/05/26
5
2
1,892
1244-1246 Methodist Road, Westbrook, ME
3.58
Multi-Family Home
$649,900
09/30/26
4
2
1,792
45 Emery Street, Westbrook, ME
3.87
Multi-Family Home
$575,000
12/04/25
3
2
1,996
8 College Avenue, Gorham, ME
3.56
Multi-Family Home
$1,799,000
05/06/26
7
8
5,444

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
725 Gray Rd #A, Gorham, ME 04038
0.00
-
Studio
-
-
Off Market
719 Gray Rd, Gorham, ME 04038
0.01
$375,500
3
2
1,386
Off Market
722 Gray Rd, Gorham, ME 04038
0.03
$643,100
4
3
3,032
Off Market
734 Gray Rd, Gorham, ME 04038
0.04
$377,700
4
1
1,826
Off Market
715 Gray Rd, Gorham, ME 04038
0.04
$555,500
3
3
1,980
Off Market
712 Gray Road, Gorham, ME 04038
0.04
$482,500
4
2
2,236
Off Market
10 Simona Shores Dr #10, Gorham, ME 04038
0.05
$414,900
3
1.5
1,500
Off Market
11 Simona Shores Dr #11, Gorham, ME 04038
0.05
$410,700
3
1.5
1,400
Off Market
19 Pleasant St, Gorham, ME 04038
0.05
$397,100
5
2
2,068
Off Market
7 Simona Shrs, Gorham, ME 04038
0.05
$325,800
3
2
1,300
Off Market
737 Gray Rd, Gorham, ME 04038
0.05
$324,600
4
1
1,490
Off Market
Gray Rd, Gorham, ME 04038
0.05
-
Studio
-
-
Off Market
7 Simona Shores Dr #7, Gorham, ME 04038
0.05
$374,200
3
1.5
1,400
Off Market
6 Simona Shrs, Gorham, ME 04038
0.05
$325,800
3
2
1,300
Off Market
9 Simona Shrs, Gorham, ME 04038
0.05
$325,800
3
2
1,300
Off Market
9 Pleasant St, Gorham, ME 04038
0.06
$432,800
3
1
1,332
Off Market
8 Simona Shrs, Gorham, ME 04038
0.06
$323,800
3
2
1,300
Off Market
751 Gray Rd, Gorham, ME 04038
0.06
$393,700
2
1
1,329
Off Market
8 Simona Shores Dr, Gorham, ME 04038
0.06
$383,200
3
1.5
1,500
Off Market
697 Gray Rd, Gorham, ME 04038
0.06
$666,600
Studio
-
2,592
Off Market

Local Information

  • Map ViewExplore the area around 725 Gray Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1989
0.72 acre lot
2,000 sqft
$258/sqft

About this House

Excellent opportunity to own a productive income property in a great location! Each unit offers 2 bedroom 1.5 baths, and a full basement with washer and dryer hookups. There's plenty of storage and separate utilities. Updated roof and windows along with a new boiler in one unit. Spacious yard. Under 10 minutes to USM college and 20 minutes to the city! This will not last long!! Showings on Fridays from 2-4pm only.
725 Gray Rd, Gorham, ME 04038 is a studio, 4 bathroom, 2,000 sqft multi-family built in 1989. It last sold for $285,000 on Jul 27, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $516,000, with a rent estimate of $2,623/month.

Home Details for 725 Gray Rd

Interior Features

Interior Details
BasementNumber of Rooms: 8
Heating & Cooling
Heating: GasHeating Fuel: Gas

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Other

Property Information

Year Built
Year Built: 1989Year Updated: 2000
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 2

Lot Information

Lot Area: 0.72 acres

Price and Tax history

DateEventPrice
Jul 27, 2018
Source: Maine Listings #1353485
Sold
$285,000
Jun 1, 2018
Source: Agent Provided
Listed For Sale
$270,000

Market trends in Gorham

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
54
14MoM

Around this home

What Locals Say about Gorham

At least 38 Trulia users voted on each feature.

  • 93 % Say people would walk alone at night

  • 90 % Say yards are well-kept

  • 88 % Say parking is easy

  • 87 % Say there's wildlife

  • 83 % Say car is needed

  • 82 % Say it's dog friendly

  • 81 % Say there's holiday spirit

  • 77 % Say kids play outside

  • 66 % Say neighbors are friendly

  • 60 % Say they plan to stay for at least 5 years

  • 56 % Say it's quiet

  • 47 % Say it's walkable to restaurants

  • 44 % Say it's walkable to grocery stores

  • 36 % Say there are sidewalks

  • 34 % Say there are community events

  • 28 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Aqueen22
    "great place to live "
    0
    Flag
  • M. B.
    "Gorham is in a location where you have to drive a minimum of 15-20min to get to the highways. Driving into downtown Portland can take up to 1hr with rush hour traffic. "
    3
    Flag
  • Wilson d.
    "I lived here for twenty years. The neighbours are very friendly and helpful. This is one of the best communities in southern Maine. "
    2
    Flag
  • Guitahguy22
    "The rusticity and diversity of the neighborhood. I grew up in south Portland and since I’ve been in Gorham it’s been a pleasure, to say the least "
    8
    Flag
  • Marion R.
    "Your children can walk to school. You can walk to the store and all around town. The people are very friendly and easy going. The home has a lovely yard with room for a pool in the back. The hardwood floors have been redone. It is move-in ready!"
    4
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 725 Gray Rd

  • What is 725 Gray Rd estimated to be worth?
    Trulia's estimated value for 725 Gray Rd in Gorham, ME is $516,000.
  • What is the price history for 725 Gray Rd?
    725 Gray Rd in Gorham, ME last sold for $285,000 in July 2018.
  • Is Gorham a buyer's or seller's market?
    Gorham is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Gorham?
    Residents describe Gorham, ME as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Gorham, ME.

Explore by feature - Pet Friendly

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