771 Gray Road
Gorham, ME 04038
- 10 Beds
- 6 Baths
- 4,673 sqft (on 0.59 acres)
10 Beds
6 Baths
4,673 sqft
(on 0.59 acres)
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1900
Lot Size
0.59 acres
Living Area
4,673 sqft
Price/Sqft
$171/sqft
Last check for updates: about 3 hours ago
Listed by The Maine Real Estate Group
Bought with: Dream Home Realty LLC
Source: Maine Listings, MLS#1647309

About this House
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
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
771 Gray Road, Gorham, ME 04038 is a 10 bedroom, 7 bathroom, 4,673 sqft multi-family built in 1900. It last sold for the $800,000 asking price on May 1, 2026. It is currently off market. The Trulia Estimate is $803,300, with a rent estimate of $2,343/month.
Home Details for 771 Gray Road
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MLS Status: Closed |
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Interior Details Basement: Doghouse,Interior Entry |
Beds & Baths Number of Bedrooms: 10Number of Bathrooms: 7Number of Bathrooms (full): 5Number of Bathrooms (half): 2 |
Dimensions and Layout Living Area: 4673 Square Feet |
Heating & Cooling Heating: Baseboard,Hot Water,ZonedNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard |
Fireplace & Spa Number of Fireplaces: 4Has a Fireplace |
Gas & Electric Electric: Circuit Breakers |
Windows, Doors, Floors & Walls Flooring: Tile, Vinyl, Hardwood |
Levels, Entrance, & Accessibility Stories: 3Levels: Multi/SplitFloors: Tile, Vinyl, Hardwood |
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Exterior Home Features Roof: Pitched ShinglePatio / Porch: PorchNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 4673 Square Feet |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Federal |
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Price List Price: $800,000Price Per Sqft: $171/sqft |
Status Change & Dates Off Market Date: Fri Feb 20 2026 |
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Direction & Address City: Gorham |
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Building Area Building Area: 4673 Square Feet |
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Lot Area: 0.59 acres |
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BasementMls Number: 1647309Above Grade Unfinished Area: 4673 |
Price History for 771 Gray Road
| Date | Price | Event | Source |
|---|---|---|---|
| 05/01/2026 | $800,000 | Sold | Maine Listings #1647309 |
| 02/25/2026 | $800,000 | Pending | Maine Listings #1647309 |
| 02/13/2026 | $800,000 | PriceChange | Maine Listings #1647309 |
| 12/29/2025 | $830,000 | Listed For Sale | Maine Listings #1647309 |
| 08/26/2024 | $825,000 | ListingRemoved | Maine Listings #1597990 |
| 07/24/2024 | $850,000 | Listed For Sale | Maine Listings #1597990 |
| 09/24/2023 | ListingRemoved | Maine Listings #1564819 | |
| 09/22/2023 | $900,000 | PriceChange | Maine Listings #1564819 |
| 09/07/2023 | $850,000 | PendingToActive | Maine Listings #1564819 |
| 07/17/2023 | $850,000 | Pending | Maine Listings #1564819 |
| 07/10/2023 | $850,000 | Listed For Sale | Maine Listings #1564819 |
| 06/22/2022 | $805,000 | Sold | Maine Listings #1522310 |
| 04/04/2022 | $695,000 | Pending | Maine Listings #1522310 |
| 03/22/2022 | $695,000 | Listed For Sale | Maine Listings #1522310 |
| 04/15/2016 | $350,000 | Sold | Maine Listings #1243218 |
| 02/02/2016 | $365,000 | PriceChange | Agent Provided |
| 11/04/2015 | $375,000 | Listed For Sale | Agent Provided |
Market trends in Gorham
Last updated June 2026
Avg. sale price
$594K
$21.67KMoM
Sale-to-List Price
—
Price per sq ft
$313
$5MoM
Available listings
43
8MoM
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $10,031 |
| Assessment | $682,400 |
Home facts updated by county records
Comparable Sales for 771 Gray Road
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
2.59 | Multi-Family Home | $525,000 | 08/08/25 | 6 | 2 | 1,960 | |
3.09 | Multi-Family Home | $510,000 | 06/23/26 | 4 | 2 | 2,136 | |
3.67 | Multi-Family Home | $1,799,000 | 05/06/26 | 7 | 8 | 5,444 | |
3.32 | Multi-Family Home | $551,000 | 03/25/26 | 4 | 2 | 1,248 | |
3.56 | Multi-Family Home | $525,000 | 04/30/26 | 5 | 3 | 2,916 | |
3.89 | Multi-Family Home | $585,000 | 01/05/26 | 5 | 2 | 1,892 | |
4.55 | Multi-Family Home | $750,000 | 10/27/25 | 7 | 3 | 3,169 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 771 Gray Road.
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.
LGBTQ Local Legal Protections
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Apartments for Rent
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Homes for sale near 771 Gray Road
Off Market Homes Near 771 Gray Road
Frequently asked questions about 771 Gray Road
- What is 771 Gray Road estimated to be worth?Trulia's estimated value for 771 Gray Road in Gorham, ME is $803,300.
- What is the price history for 771 Gray Road?771 Gray Road in Gorham, ME last sold for $800,000 in May 2026.
- Is Gorham a buyer's or seller's market?Gorham is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Gorham?The median sale price in Gorham is $594K. That is up $21.67K from the prior month.
- Is there a virtual tour of 771 Gray Road?Yes, a virtual tour of 771 Gray Road in Gorham, ME is available.

Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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