Windham, ME Residential Income Properties for Sale

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Gorham, ME Westbrook, ME Standish, ME Portland, ME Buxton, ME Falmouth, ME Cumberland, ME Scarborough, ME

Updated: Jul 13

Multi-Unit Residential Property

96 Mineral Spring Road, Windham, ME 04062

$559,000

2,940 sqft 1.56 AC lot

Multi‑unit property requiring updates and improvements
Built in 1940 with wood‑frame construction and vinyl and wood siding
Metal roof
Heating: oil and forced‑air
Private water source and private sewer

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This listing looks promising.

Here's a quick look at some key insights for

96 Mineral Spring Road, Windham, ME 04062

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Est. Cap Rate

8.7%
Above avg (5.9%)
Est. NOI

$48K
Annual
Price @ 7% Cap

$691K
Above asking

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Updated: Jun 30

Residential Income Property with Dual Suite

44 Johnson Road, Windham, ME 04062

$1,225,000

4,580 sqft 1.84 AC lot

6BR/5BA home with dual first‑floor primary suites, each with a bath, plus one‑floor living layout.
In‑law/guest wing over the 3‑car garage offers 2 bedrooms, 2 bathrooms, and a full second kitchen with separate access.
Deeded right‑of‑way access down the road to Highland Lake for swimming, kayaking, and summer recreation.
Zoned heating with radiant, electric, propane, and wood stove/baseboard options for flexible comfort.
Private utilities: well water plus private sewer/septic tank, with ENERGY STAR qualified appliances.

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Cape Cod Multifamily Residence

27 Independence Drive, Windham, ME 04062

$895,000

2,746 sqft 4.26 AC lot

Cape-style home with a legal efficiency apartment above a heated two-car garage on a 4.26-acre parcel.

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Multi-Unit Residential Income Property

96 Mineral Spring Road, Windham, ME 04062

$599,000

2,940 sqft

Multi-unit property near Sebago Lake association access, offering flexible living space and requiring updates to realize its potential.

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Turn-Key Duplex with Updated Roof

243 Windham Center Road, Windham, ME 04062

$575,000

1,728 sqft 0.27 AC lot

Vacant duplex with two 2-bedroom, 1-bath units, freshly updated with new paint, newer siding, and a newer roof.

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 5 Active listings in Windham, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

Updated Duplex with Attached Barn

5 Ossipee Trail E, Standish, ME 04084

$500,000

2,677 sqft 0.30 AC lot

Two well-refreshed 2-bedroom units with attached barn space and off-street parking for residents and guests.

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Two-Unit Residential Income Property

32 Ossipee Trail W, Standish, ME 04084

$480,000

2,154 sqft 0.40 AC lot

Two separate units each offer two bedrooms and one bath, and the property is sold as-is.

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Two-Unit Multifamily with Off-Street Parking

6 Narragansett Street, Gorham, ME 04038

$525,000

3,148 sqft 0.46 AC lot

Two-unit property with separate utilities, generous outdoor space, and off-street parking near Gorham village and the University.

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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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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.

Residential Land in Gorham, Maine

Shyannes Way lot: #2, Gorham, ME 04038

$146,000

1.38 AC lot

1.38-acre residential lot in North Gorham, Maine.

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Wooded Land in Cumberland, Maine

Tinker Lane, Cumberland, ME 04021

$175,000

3.45 AC lot

3.45 acre wooded lot near West Cumberland development.

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Land with Subdivision Potential

1 Blackthorne Lane, Gray, ME 04039

$449,999

28.30 AC lot

28+ acres in Gray, Maine with subdivision potential.

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Falmouth Land with Approved Plans

6-8 Bluebird Trail, Falmouth, ME 04105

$385,000

20,037 sqft 0.46 AC lot

Cleared lot with approved plans for mixed-use development.

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Off-Market Properties in Windham, ME

Consider similar Off-Market properties in Windham, 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.

BOARDING/ROOMING HOUSE

495 Riv Rd, Windham, ME 04062-4603

$640,000

Estimated value

5,097 sqft 2.76 AC lot

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BOARDING/ROOMING HOUSE

448 Gray Rd, Windham, ME 04062-6007

Value Estimation by Request

5,185 sqft 0.62 AC lot

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Farms

0 Gray Rd, Windham, ME 04062

Value Estimation by Request

604 sqft 1.84 AC lot

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BOARDING/ROOMING HOUSE

306 Windham Ctr Rd, Windham, ME 04062-4339

Value Estimation by Request

15.14 AC lot

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Windham, ME Residential Income Properties Market Trends and Statistics

Explore 9 residential income properties for sale in Windham, ME, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 14,934 square feet of properties for sale, with an estimated market value of $3,853,000.

Sale prices for residential income properties in Windham, ME start at $559,000, averaging $770,600, and reaching up to $1,225,000 — 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

Demographics Overview

Population 19K

Population Growth (5Y) +4.2%

Median Household Income $98,946

College Educated 25.9%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
04062	$799.7K

Taxes & Financing

Tax Rate (average for all types) 1.12%

Property Tax per SF $30.04 per SF

Tax Rate vs County Average 0.40 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

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