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Two-Unit Colonial Duplex
New
For Sale
$525,000

6 Narragansett Street, Gorham, ME 04038

MULTI_FAMILY - Colonial - Gorham, ME

Property Size3,148 SF
Lot Size0.46 Acres
Price / SF$166.77
Days on Market3

Property Features for 6 Narragansett Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning UR
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bathroom 3, Bathroom 2
Parking features Off Street
Patio and Porch features Porch
Interior features 1st Floor Bedroom, Bathtub
Basement Sump Pump, Crawl Space, Partial
Lot features Well Landscaped, Open, Level, Sidewalks, Wooded, Intown, Near Golf Course, Near Public Beach, Near Turnpike/ Interstate, Near Town, Near Public Transit
Standard status Active
Size 3,148 SF
Lot size 0.46 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5677

Utilities

Sewer type Public Sewer
Heating system Forced Air, Oil
Water source Public

Amenities

three season enclosed porch

Building Details

Year built 1900
Floors in Building 3
Number of units 2
Flooring type Carpet, Wood, Vinyl
Building materials Wood Frame, Wood Siding
Roof type Shingle
Architectural style Colonial
Listing Agency: Signature Homes Real Estate Group, LLC
Listed By: Megan Diffley
Added: Aug 3 Changed: Aug 4 Last Checked: Aug 5 at 10:06PM
MLS# 1661323

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,148-square-foot Colonial duplex, built in 1900, contains two residential units on a 0.46-acre lot. The first-floor unit includes two bedrooms, one bathroom, a living room, dining room, office, wood flooring, pellet stove, and three-season enclosed porch. The second unit spans the second and third floors with four bedrooms, two full bathrooms, a kitchen, dining room, living room, flex room, and enclosed porch areas. Wood siding, a shingle roof, public water, and public sewer complete the property’s core improvements.

Each unit has its own electrical meter, furnace, oil tank, and hot-water heater, while water and sewer are landlord-paid. Off-street parking and a backyard provide outdoor utility. The property is within walking distance of downtown Gorham, the University of Southern Maine campus, local shops, restaurants, and trails.

Key Highlights

  • Two‑unit duplex with 3,148 SF of building area
  • 0.46‑acre lot with off‑street parking and backyard
  • First‑floor unit offers 2 bedrooms and 1 bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Electrical Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

411
Businesses Nearby

Demographics for 04038, ME

18,336
Population
6,527
Households
2.8
Avg Household Size
39
Median Age
46%
College-Educated
97%
High-School Grad
50.6 sq mi
ZIP Area
362
Density / Sq Mi
$110,181
Median Household Income
$53,122
Median Earnings
$1,567
Median Rent
$426,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units feature separate electrical, heating, oil, and hot-water systems with off-street parking.
Where is this duplex located?
The property is located at 6 Narragansett Street Gorham, ME.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two‑unit duplex with 3,148 SF of building area; 0.46‑acre lot with off‑street parking and backyard; First‑floor unit offers 2 bedrooms and 1 bathroom
More about this property
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