Gorham, ME Multifamily Homes & Duplexes for Sale

/41
$1,920,000
- 8 Baths
- 5,444 Sq Ft
8 College Ave, Gorham, ME 04038

Investment opportunity alert! Say hello to the McLellan House - an 8 Unit historic head-turner and turnkey treasure tucked into the heart of Gorham Village. Situated just steps from USM and all of Gorham's go-to spots - cafes, shops, and community happenings - this handsome colonial offers convenience to all who call it home. A stellar setup for savvy investors, this fully occupied eight-unit gem

Bridget King Jason Miller King + Miller Real Estate

8 College Ave, Gorham, ME 04038
/31
$1,500,000
- 9 Baths
- 4,640 Sq Ft
518 Ossipee Trail E, Gorham, ME 04038

Excellent Investment Opportunity! This well-maintained property features a total of 9 units, including two duplexes and a 5-unit building. Each unit is separately metered for heat and electricity, with tenants responsible for their own utilities. The property boasts a solid rental history and individual heating systems for each unit. The current owner has prioritized upkeep, with major updates

Will Van Wickler Keller Williams Realty

518 Ossipee Trail E, Gorham, ME 04038

Maine Gorham

Why Live in Gorham

Home to the University of Southern Maine campus and its own little “downtown” district, the town of Gorham gives residents a quieter suburban lifestyle with easy access to the nearby urban amenities. “Gorham is a historical town, incorporated in 1764,” says Helen La Count, a Realtor with Keller Williams Realty of Greater Portland. Not only does the town serve as a popular bedroom community for Portland, but its public school system also makes it an attractive option for families, says Mariah Mallory, a Gorham native and real estate agent with N ...

Learn more about living in Gorham

Home Trends in Gorham, ME

On average, homes in Gorham, ME sell after 20 days on the market compared to the national average of 49 days. The median sale price for homes in Gorham, ME over the last 12 months is $549,900, consistent with the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$549,900

Median Single Family Sale Price

$550,000

Median 2 Bedroom Sale Price

$436,000

Median 1 Bedroom Sale Price

$200,000

Average Price Per Sq Ft

$300

Number of Homes for Sale

Last 12 months Home Sales

188

Months of Supply

1.40

Median List Price

$552,450

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Gorham, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $1,500,000 to $1,920,000, there's a range to accomodate every budget. As of June, 2025 the median home price in Gorham is $552,450, while the average sale price is $545,663, offering insights into the local housing market. On average, multi-family homes spend 20 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Gorham, ME.

Gorham Types of Homes for Sale

Gorham Real Estate Listings

Gorham New Construction Homes

More About Living in Gorham

Multi-Family Homes in Nearby Neighborhoods

Multi-Family Homes in Nearby Cities

Multi-Family Homes in Nearby Counties

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