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    Gorham, ME
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    Gorham, ME Apartment Buildings for Sale

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    Westbrook, ME Scarborough, ME Windham, ME Buxton, ME Portland, ME South Portland, ME Standish, ME Falmouth, ME
    Residential Showpiece with Income Potential
    Updated: Apr 21
    Residential Showpiece with Income Potential

    84 Johnson Road, Gorham, ME 04038

    $1,249,000
    7,184 sqft
    Five‑bedroom showpiece home known as 'the Mansion'.
    Includes four apartments, providing rental income to offset the mortgage.
    Multiple heating systems: Gas Natural, Baseboard, Forced Air, Hot Water, Zoned.
    Seven total bathrooms.
    Four fireplaces.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Gorham, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    16-Unit Multifamily Property
    16-Unit Multifamily Property

    90 Broadturn Road, Scarborough, ME 04074

    $2,999,999
    11,478 sqft 9.00 AC lot

    Four-building multifamily with all units occupied, updated systems including heat pumps, and on-site coin-operated laundry.

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    Multifamily Apartment Building
    Multifamily Apartment Building

    90 Broadturn Road, Unit 1, Scarborough, ME 04074

    $2,999,999
    11,478 sqft

    Residential income property offered for sale in Scarborough, with a stated building size of 11,478.

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    44-Unit Apartment Complex with Multiple Buildings
    44-Unit Apartment Complex with Multiple Buildings

    1390 Forest Avenue, Portland, ME 04103

    $9,999,500
    3.80 AC lot

    Forty-four two-bedroom apartments across five buildings, with heat and hot water included and on-site storage and parking.

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    Apartment Building with Parking Lot
    Apartment Building with Parking Lot

    1844 Forest Avenue, Portland, ME 04103

    $950,000

    Apartment building on month-to-month leases with a 39-space parking lot and B2 zoning for additional residential units.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Duplex
    Detached Two-Family Duplex

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Duplex on an R7a-zoned lot with three bedrooms per unit and a semi-finished basement with separate entrance.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Gorham, ME Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Gorham, ME on our real estate platform. These investment opportunities span a total of 7,184 square feet of properties for sale, with an estimated market value of $1,249,000.

    Sale prices for two-family homes in Gorham, ME average $1,249,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 18K
    Population Growth (5Y) +5.1%
    Median Household Income $110,181
    College Educated 60.8%

    High-Yield Neighborhoods for Investment

    Identify Gorham submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04038 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.37%
    Property Tax per SF $31.63 per SF
    Tax Rate vs County Average 0.15 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cumberland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Cumberland County

    Retail

    Office

    Residential Income

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