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    Gray, ME Residential Income Properties for Sale

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    Windham, ME Cumberland Center, ME Falmouth, ME
    Ranch Duplex with Detached Garage
    $700,000
    2,549 SF
    Ranch Duplex with Detached Garage

    55 Blueberry Lane, Gray, ME 04039

    Ranch-style duplex offers two single-level units, separated utilities, and an added detached garage/shop for flexible storage or work.
    • Ranch‑style duplex built in 1988 on a 1.84‑acre lot in Gray, Maine
    • Two spacious units with single‑level living, each with private entrances and attached garages with direct entry
    • Owner’s unit features 2 bedrooms, 1.5 baths, and a dedicated office with interior access plus its own private exterior entrance
    • Full unfinished basements offer additional storage space
    • Detached 30' x 40' garage/shop for vehicle and equipment storage or workspace use
    Updated: Jun 8
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    Legacy Waterfront Land with Private Beach
    $630,000
    2.11 Acres
    Legacy Waterfront Land with Private Beach

    23 Old Road, Gray, ME 04039

    Waterfront land with owned frontage and a seasonal cottage, plus an approved septic design and lakeside patio.
    • 2‑acre lakefront property with over 200 ft of owned frontage on Forest Lake
    • Located in a no‑wake cove with lake views facing west and southwest
    • Includes private sandy beach with gradual walk‑in access and multiple options for future dock placement
    • Newly approved 4‑bedroom septic design ready for filing by the next owner; sewer is septic needed
    • Well and private water source on‑site
    Updated: Jun 16
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Gray, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Multifamily Residence with Guest Wing
    $1,250,000
    4,580 SF
    Multifamily Residence with Guest Wing

    Modern two-unit style layout with private guest wing, shared access to a 3-car garage, and lake access via deeded rights.

    44 Johnson Road, Windham, ME 04062

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    Windham Multi-Unit Investment Opportunity
    $599,000
    2,940 SF
    Windham Multi-Unit Investment Opportunity

    Multi-unit property near Sebago Lake with income potential.

    96 Mineral Spring Road, Windham, ME 04062

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    Restaurant with Event Center and Apartments
    $1,350,000
    6,749 SF
    Restaurant with Event Center and Apartments

    Restaurant, event center, and apartments on Walnut Hill Road.

    424 Walnut Hill Road, North Yarmouth, ME 4097

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    North Yarmouth Mixed-Use Property
    $1,350,000
    6,832 SF
    North Yarmouth Mixed-Use Property

    Fully leased mixed-use property with restaurant, apartments, and event space.

    424 Walnut Hill Rd, North Yarmouth, ME 4097

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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.

    Rare Gray, Maine Land Opportunity
    $1,800,000
    120.91 Acres
    Rare Gray, Maine Land Opportunity

    120.91+/- acre development opportunity in Gray, Maine.

    Colley Hill Road, Gray, ME 04039

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    Land with Subdivision Potential
    $449,999
    28.30 Acres
    Land with Subdivision Potential

    28+ acres in Gray, Maine with subdivision potential.

    1 Blackthorne Lane, Gray, ME 04039

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    Wooded Land in Cumberland, Maine
    $175,000
    3.45 Acres
    Wooded Land in Cumberland, Maine

    3.45 acre wooded lot near West Cumberland development.

    Tinker Lane, Cumberland, ME 04021

    View details
    Waterfront Land with Pond Frontage
    $275,000
    296,208 SF
    Waterfront Land with Pond Frontage

    6.8 acre waterfront land with 476 feet of frontage.

    Lot42-1001 Maine Street, Unit MAP 10, Poland, ME 4274

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    Off-Market Properties in Gray, ME

    Consider similar Off-Market properties in Gray, 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.

    224 Shaker Rd
    Land
    Lot: 22.00 Acres

    224 Shaker Rd, Gray, ME 04039

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    Gray, ME Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Gray, ME on our real estate platform. These investment opportunities span a total of 2,549 square feet of properties for sale, with an estimated market value of $700,000.

    Sale prices for residential income properties in Gray, ME start at $700,000, averaging $700,000, and reaching up to $700,000 — 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

    Duplexes 1
    Multifamily properties 1
    Single family properties 1

    Demographics Overview

    Population 8,004
    Population Growth (5Y) +5.9%
    Median Household Income $94,284
    College Educated 59.3%

    High-Yield Neighborhoods for Investment

    Identify Gray submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04039 $679.9K

    Taxes & Financing

    Tax Rate (average for all types) 1.52%
    Property Tax per SF $56.38 per SF
    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

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