847 Gray Road, Gorham, ME 04038
Property image
Property image
OFF MARKET

847 Gray Road
Gorham, ME 04038

  • 8 Beds
  • 3 Baths
  • 5,607 sqft (on 1.24 acres)

$910,700

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $5,477/mo*
Refinance Your Home

$910,700

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $5,477/mo*
Refinance Your Home
8 Beds
3 Baths
5,607 sqft
(on 1.24 acres)

Home Value

Trulia Estimate
$911K
Since last month
Decreased$22K (-2.3%)
Since last year
Decreased$22K (-2.3%)
Since last sale
Increased$151K (+19.8%)
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 +330% in the last 10 years
MonthEstimated value
2026
August 2026$916K
July 2026$937K
June 2026$938K
May 2026$914K
April 2026$947K
March 2026$953K
February 2026$926K
January 2026$909K
2025
2024
2023
2022
2021
2020
2019
2018
2017

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
389 Gray Road, Windham, ME
3.45
Multi-Family Home
$525,000
04/30/26
5
3
2,916
370 Main Street, Gorham, ME
3.19
Multi-Family Home
$510,000
06/23/26
4
2
2,136
10 Land Of Nod Road, Windham, ME
3.26
Multi-Family Home
$551,000
03/25/26
4
2
1,248
8 College Avenue, Gorham, ME
3.78
Multi-Family Home
$1,799,000
05/06/26
7
8
5,444
45 Emery Street, Westbrook, ME
4.02
Multi-Family Home
$575,000
12/04/25
3
2
1,996
315 Conant Street, Westbrook, ME
3.97
Multi-Family Home
$585,000
01/05/26
5
2
1,892
11 New Gorham Road, Westbrook, ME
4.64
Multi-Family Home
$750,000
10/27/25
7
3
3,169

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
852 Gray Road, Gorham, ME 04038
0.07
$450,000
4
2
1,964
Recently Sold
11 Tow Path Road, Gorham, ME 04038
0.10
$410,100
3
1
1,350
Off Market
771 Gray Road, Gorham, ME 04038
0.11
$800,000
10
6
4,673
Recently Sold
34 Tow Path Road, Gorham, ME 04038
0.16
$410,000
2
1.5
936
Recently Sold
12 Main Street, Windham, ME 04062
0.17
$423,600
3
1
1,398
Off Market
263 Huston Road, Gorham, ME 04038
0.17
$449,900
4
2
1,630
For Sale
752 Gray Road, Gorham, ME 04038
0.17
$409,300
3
1
1,452
Off Market
15 Androscoggin Street #1, Windham, ME 04062
0.16
$433,000
3
2.5
1,550
Off Market
15 Androscoggin Street #2, Windham, ME 04062
0.16
$426,600
3
2.5
1,550
Off Market
256 Huston Road, Gorham, ME 04038
0.20
$535,000
4
2
1,792
Recently Sold
7 Androscoggin Street, Windham, ME 04062
0.18
$422,900
3
1
1,330
Off Market

Local Information

  • Map ViewExplore the area around 847 Gray Road.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1824
Lot Size
1.24 acres
Living Area
5,607 sqft
Price/Sqft
$162
Last check for updates: about 4 hours ago
Listed by PO-GO REALTY
Bought with: PO-GO REALTY
Source: Maine Listings, MLS#1571607

About this House

This remarkable Federal style building is currently configured as a two-unit offering over 5600sqft of living space with plenty of parking and 153 feet of Presumpscot River frontage with its own dock. Gorgeous upscale rental units with 8 huge bedrooms, wood floors, exposed beams, custom granite kitchens, built-ins and period details throughout. Unit #1 located on the first floor offers 2448 sqft, a 3-bedroom unit. Unit #2 located on the 2nd and 3rd floors offers 3159 sqft, a 5-bedroom unit. The sellers have replaced the windows in the main house and replaced the roof shingles. This property has great visibility located in the heart of Gorham's Little Falls District, the current focus of a joint effort between Gorham and Windham with a Master Revitalization Plan underway. The current zone allows for mixed use and rooming houses like reentry or courage houses. Also, part of Gorham's Small Dwelling Overlay District lucrative for reconfiguring with more units. Join other investors like JCS Properties, LLC who just launched Red City Ale House, STJ, Inc who just completed an 8-unit condo project, Depot Street new apartment complex and Backwoods BBQ along with the Gorham Economic Development Corporation that sponsors the Food Truck Thursday's event at Little Falls Recreational Area. This property would be a great investment or multi-generational home with plenty of room for most any family.
847 Gray Road, Gorham, ME 04038 is a 8 bedroom, 3 bathroom, 5,607 sqft multi-family built in 1824. It last sold for $765,000 on May 3, 2024 (4% below the $799,000 asking price). It is currently off market. The Trulia Estimate is $910,700, with a rent estimate of $2,237/month.

Home Details for 847 Gray Road

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Bulkhead,Doghouse,Interior Entry,Unfinished
Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 5607 Square Feet
Appliances & Utilities
Utilities: Utilities On
Heating & Cooling
Heating: Hot Water,ZonedNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Hot Water
Fireplace & Spa
Number of Fireplaces: 2Has a Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Window: Double Pane WindowsFlooring: Tile, Wood
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3Levels: Multi/SplitFloors: Tile, Wood

Exterior Features

Exterior Home Features
Roof: ShingleFoundation: Block, Stone, GraniteNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Paved,5 - 10 Spaces,On Site
Frontage
WaterfrontRoad Surface Type: PavedOn Waterfront
Water & Sewer
Sewer: Public SewerWater Body: Presumpscot River
Farm & Range
Frontage Length: Waterfrontage: 153, Waterfrontage Owned: 153
Finished Area
Finished Area (above surface): 5607 Square Feet

Property Information

Year Built
Year Built: 1824
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Colonial,Federal,Other
Building
Construction Materials: Wood Frame, Wood Siding

Price & Status

Price
List Price: $799,000
Status Change & Dates
Off Market Date: Tue Apr 16 2024

Location

Direction & Address
City: Gorham
School Information
High School District: Gorham Public Schools

Building

Building Area
Building Area: 5607 Square Feet

Lot Information

Lot Area: 1.24 Acres

Miscellaneous

BasementMls Number: 1571607Above Grade Unfinished Area: 5607

Price and Tax history

DateEventPrice
May 3, 2024
Source: Maine Listings #1571607
Sold
$765,000
Apr 17, 2024
Source: Maine Listings #1571607
Pending
$799,000
Mar 8, 2024
Source: Maine Listings #1573074
PriceChange
$799,000
Price decreased by 3%
Oct 18, 2023
Source: Maine Listings #1571607
PriceChange
$825,000
Price decreased by 6%
Sep 26, 2023
Source: Maine Listings #1571607
PriceChange
$875,000
Price decreased by 8%

Market trends in Gorham

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$616K
$22KMoM
Sale-to-List Price
103.1%
Price per sq ft
$316
$4MoM
Available listings
40
3MoM
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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

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Frequently asked questions about 847 Gray Road

  • What is 847 Gray Road estimated to be worth?
    Trulia's estimated value for 847 Gray Road in Gorham, ME is $910,700.
  • What is the price history for 847 Gray Road?
    847 Gray Road in Gorham, ME last sold for $765,000 in May 2024.
  • 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 $616K. That is up $22K from the prior month.
  • Does 847 Gray Road have parking?
    Yes, 847 Gray Road in Gorham, ME has on-site parking.
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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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