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    Gorham, ME
    Residential Income

    Gorham, ME Residential Income Properties for Sale

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    Scarborough, ME Westbrook, ME Windham, ME Buxton, ME South Portland, ME Portland, ME Standish, ME Falmouth, ME
    Mixed-Use Property with Medical Office
    Updated: Aug 12
    Mixed-Use Property with Medical Office

    164 Main Street, Gorham, ME 04038

    $1,499,000
    4,515 sqft 0.85 AC lot
    Approximately 3,118 square feet of finished residential living space
    Approximately 826‑square‑foot leased medical office with ADA access
    Approximately 644‑square‑foot rented, one‑bedroom apartment above the garage
    Attached 2‑car garage and dedicated parking for the office
    0.85‑acre property with OR zoning
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    This listing looks promising.

    Here's a quick look at some key insights for

    164 Main Street, Gorham, ME 04038

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    • Est. Cap Rate

      5%
      NOI ÷ price

    • Est. NOI

      $74K
      Annual

    • Price @ 7% Cap

      $1.06M
      Suggested

    • Property Type

      Single Family Residence
      Built 1905
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    Mixed-Use Property with Apartment
    Updated: Aug 12
    Mixed-Use Property with Apartment

    164 Main Street, Gorham, ME 04038

    $1,499,000
    4,515 sqft 0.85 AC lot
    0.85‑acre mixed‑use property at 164 Main Street, Gorham, ME
    Primary residence includes approximately 3,118 square feet over two floors
    Approximately 826 square feet of leased medical office space
    Approximately 644‑square‑foot, one‑bedroom apartment above the garage
    Attached 2‑car garage with additional open and off‑street parking
    View details
    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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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 3 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.

    Two-Family Duplex with Off-Street Parking
    Two-Family Duplex with Off-Street Parking

    124 Brackett Street, Westbrook, ME 04092

    $599,000
    2,292 sqft 0.12 AC lot

    Two 3-bedroom, 1-bath units in a wood-frame duplex with off-street parking, basement laundry, and public utilities.

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    Three-Property Residential Portfolio
    Three-Property Residential Portfolio

    26, 27, 31 Cross Street, Westbrook, ME 04092

    $1,195,000
    2,352 sqft 0.30 AC lot

    Residential income portfolio with two updated single-family homes and a two-unit building on separate lots.

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    Two-Story Duplex on Corner Lot
    Two-Story Duplex on Corner Lot

    84 County Road, Scarborough, ME 04074

    $495,000
    2,584 sqft 1.11 AC lot

    TVC2 zoning; two-story duplex with detached garage and spacious yard/parking on a corner lot near Route 114.

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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 Rd, Westbrook, ME 04092

    Contact for pricing
    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.

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    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

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

    Saco St, Gorham, ME 04038

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

    Saco St, Gorham, ME 04038

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

    Gorham, ME Residential Income Properties Market Trends and Statistics

    Explore 6 residential income properties for sale in Gorham, ME, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 16,214 square feet of properties for sale, with an estimated market value of $4,247,000.

    Sale prices for residential income properties in Gorham, ME start at $1,249,000, averaging $1,415,666, and reaching up to $1,499,000 — 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

    Apartment buildings 1
    Multifamily properties 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 $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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