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    Gorham, ME
    Residential Income

    Gorham, ME Residential Income Properties for Sale

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    Westbrook, ME Scarborough, ME Windham, ME Buxton, ME Standish, ME Portland, ME South Portland, ME Falmouth, ME
    6 properties
    Mixed-Use Property with Rental Components
    Updated: Aug 12
    Mixed-Use Property with Rental Components

    164 Main Street, Gorham, ME 04038

    $1,199,000
    4,515 sqft 0.85 AC lot
    0.85‑acre mixed‑use property at 164 Main Street, Gorham, ME 04038
    Approximately 3,118 square feet of finished residential space with 4/5 bedrooms and 2 full baths
    Approximately 826‑square‑foot leased medical office with ADA access and dedicated parking
    Approximately 644‑square‑foot rented apartment with 1 bedroom above the garage
    Attached 2‑car garage plus open, off‑street parking
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    Mixed-Use Property with Rental Space
    Updated: Aug 12
    Mixed-Use Property with Rental Space

    164 Main Street, Gorham, ME 04038

    $1,199,000
    4,515 sqft 0.85 AC lot
    Approximately 3,118 square feet of finished residence with 4/5 bedrooms and 2 full baths
    Approximately 826‑square‑foot professional office with exam rooms, ADA access, and dedicated parking
    Approximately 644‑square‑foot one‑bedroom apartment above the garage
    Office space and apartment are currently leased or rented
    0.85‑acre site at 164 Main Street near walkable downtown Gorham
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    Duplex with Remodeled Unit
    Duplex with Remodeled Unit

    243 Fort Hill Road, Gorham, ME 04038

    $520,000
    3,712 sqft 1.37 AC lot

    Two-unit residential property with recent improvements, private utilities, and lake waterfront features.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Duplex with Renovated Unit
    Duplex with Renovated Unit

    243 Fort Hill Rd, Gorham, ME 04038

    $520,000
    3,712 sqft

    Two residential units include a recently renovated unit and updates to the other.

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    Residential Showpiece with Income Potential
    Residential Showpiece with Income Potential

    84 Johnson Road, Gorham, ME 04038

    $1,249,000
    7,184 sqft

    Five-bedroom home with four apartments for income generation.

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    Mixed-Use Property with Medical Office
    Mixed-Use Property with Medical Office

    164 Main Street, Gorham, ME 04038

    $1,250,000
    4,515 sqft

    Office, residential, and apartment components support multiple occupancy arrangements at a centrally located Main Street property.

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 6 Active listings in Gorham, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, 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.

    Duplex with Daylight Basement
    Duplex with Daylight Basement

    57 Wilson Drive, Westbrook, ME 04092

    $640,000
    2,646 sqft 1.37 AC lot

    Two separate living spaces include kitchens, bedrooms, full baths, laundry, and outdoor space.

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    Two-Unit Duplex with Daylight Basement
    Two-Unit Duplex with Daylight Basement

    57 Wilson Drive, Westbrook, ME 04092

    $640,000
    2,646 sqft 1.37 AC lot

    Two separate living areas include kitchens, bedrooms, full bathrooms, and outdoor space.

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    Corner Commercial Land With Existing Duplex
    Corner Commercial Land With Existing Duplex

    84 County Road, Scarborough, ME 04074

    $495,000
    2,584 sqft 1.11 AC lot

    Corner parcel with an existing two-story duplex, detached garage, and zoning supporting commercial and residential uses.

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    Corner Duplex with Development Potential
    Corner Duplex with Development Potential

    84 County Road, Scarborough, ME 04074

    $495,000
    2,584 sqft 1.11 AC lot

    1.11-acre corner lot with a two-story duplex, screened porch, detached garage, and a large yard/parking area.

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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.

    Wooded Land in Gorham, Maine
    Wooded Land in Gorham, Maine

    30 Boreal Drive, Gorham, ME 04038

    $425,000
    5.46 AC lot

    5+ acre wooded parcel near Gorham's downtown.

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    Approved Residential Development Land
    Approved Residential Development Land

    680 Methodist Road, Westbrook, ME 04092

    $600,000
    19.92 AC lot

    19.92 acre approved 9-lot subdivision near Route 302.

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    Portland Land Near Fore River
    Portland Land Near Fore River

    Hillcrest Avenue, Portland, ME 04102

    $275,000
    0.31 AC lot

    Residential land for sale near downtown Portland and nature preserve.

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    Residential Land in Capisic/Rosemont
    Residential Land in Capisic/Rosemont

    63 Capisic Street, Portland, ME 04102

    $195,000
    0.14 AC lot

    Expansive lot in Portland's desirable Capisic/Rosemont neighborhood.

    View details

    Off-Market Properties in Gorham, ME

    Consider similar Off-Market properties in Gorham, ME. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    23 Preble St
    BOARDING/ROOMING HOUSE

    23 Preble St, Gorham, ME 04038-1514

    Estimated value:
    $305,000
    2,812 sqft 0.34 AC lot
    View details
    Saco St
    CAMPGROUND, RV PARK

    Saco St, Gorham, ME 04038

    Estimated value:
    $300,000
    3.46 AC lot
    View details
    Saco St
    CAMPGROUND, RV PARK

    Saco St, Gorham, ME 04038

    Estimated value:
    $425,000
    7,947 sqft 15.00 AC lot
    View details

    Gorham, ME Residential Income Properties Market Trends and Statistics

    Explore 9 residential income properties for sale in Gorham, ME, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 28,153 square feet of properties for sale, with an estimated market value of $5,937,000.

    Sale prices for residential income properties in Gorham, ME start at $520,000, averaging $989,500, and reaching up to $1,250,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 5
    Duplexes 2
    Apartment buildings 1

    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 $1M

    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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