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    Gorham, ME
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    Westbrook, ME Scarborough, ME Windham, ME Buxton, ME Standish, ME Portland, ME South Portland, ME Falmouth, ME
    Residential Showpiece with Income Potential
    Updated: May 15
    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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Gorham, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Six-Unit Apartment Building
    Six-Unit Apartment Building

    8 Spring Street, Westbrook, ME 04092

    $1,150,000
    4,102 sqft 0.18 AC lot

    Fully occupied apartment property with assigned off-street parking, tenant storage, and a detached two-car garage.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    8 Spring St, Westbrook, ME 04092

    $1,150,000
    4,102 sqft

    Three-level property with a mix of one- and two-bedroom residences in downtown Westbrook.

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

    1390 Forest Ave, Portland, ME 04103

    $9,999,500
    39,592 sqft 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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    44-Unit Apartment Complex
    44-Unit Apartment Complex

    1390 Forest Avenue, Portland, ME 04103

    $9,999,500
    39,592 sqft 3.80 AC lot

    Five-building multifamily property with public utilities, on-site parking, updated windows, and a mix of apartment layouts.

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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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