Brick Quadplex with Diverse Unit
For Sale
$800,000
771 Gray Road, Gorham, ME 04038
A four-apartment property combines three smaller residences with one larger four-bedroom unit and off-street parking.
Property Size4,673 SF
Price / SF$171.20
Days on Market251
Property Features for 771 Gray Road
General Information
Standard status
Active
Size
4,673 SF
Property subtype
Multi-Family
Zoning
UR
Property Condition
Severity
Repairs Needed
Evidence
cosmetic updates
Units
Unit Mix
3 x 2BR, 1 x 4BR
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$10,031
Amenities
Zoned, Hot Water, Baseboard
3
Interior, Walk-Out Access, Brick/Mortar, Doghouse, Unfinished
Vinyl, Tile
No
Yes
1st Floor Bedroom, Bathtub
Granite, Brick/Mortar
6.00
7
5.20
Pitched, Shingle
4
Brick, Masonry
Building Details
Year Built
1900
Units
4
Construction
brick
Listing Agency:
The Maine Real Estate Network
(207) 318-0660
Listed By:
Curtis Bates Janice Pompeo
(207) 318-0660
Source:
Compass
Added: Dec 23, 2025
Changed: Aug 30
Last Checked: Aug 31 at 12:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Maine Real Estate Network
Investment Insights
Based on property information with market context.
This 4,673-square-foot quadplex at 771 Gray Road contains four apartments: three two-bedroom units and one four-bedroom unit. The 1900 brick building offers a mix of residential layouts, with ample off-street parking and a configuration that accommodates both a multifamily investment strategy and potential owner occupancy. Cosmetic updates are identified as part of the property’s next phase of ownership.
The property is located in Gorham, near a new elementary school and Red City Tavern, with Windham only minutes away. Zoned UR, the building provides an established multifamily asset in a residential setting. The unit mix, masonry construction, parking, and manageable scale create a straightforward foundation for continued rental operations and future improvements.
The property is located in Gorham, near a new elementary school and Red City Tavern, with Windham only minutes away. Zoned UR, the building provides an established multifamily asset in a residential setting. The unit mix, masonry construction, parking, and manageable scale create a straightforward foundation for continued rental operations and future improvements.
Key Highlights
- Four‑unit quadplex with three 2‑bedroom apartments and one 4‑bedroom unit
- 4,673 square feet of residential space
- Brick construction dating to 1900
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
113
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - A four-apartment property combines three smaller residences with one larger four-bedroom unit and off-street parking.
Where is this quadplex located?
The property is located at 771 Gray Road Gorham, ME.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Four‑unit quadplex with three 2‑bedroom apartments and one 4‑bedroom unit; 4,673 square feet of residential space; Brick construction dating to 1900
