389 Gray Rd Windham, ME 04062
Estimated payment $3,330/month
Highlights
- Deck
- Farmhouse Style Home
- Level Entry For Accessibility
- Wood Flooring
- No HOA
- Forced Air Heating System
About This Home
Charming 2-unit property full of classic character, ideally located just minutes from Windham schools, shopping, and local amenities. This multi-family offers a strong rental history with reliable income, making it a great opportunity for both investors and owner-occupants. Each unit features original charm with modern touches and plenty of natural light, while the property provides ample parking and a convenient location for tenants. A rare chance to own a solid income-producing property in a great area.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,932
Year Built
- Built in 1900
Parking
- 2 Car Garage
Home Design
- Duplex
- Farmhouse Style Home
- Pitched Roof
- Shingle Roof
- Fiberglass Roof
Interior Spaces
- 3 Full Bathrooms
- 2,916 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Laminate
- Tile
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Hot Water Heating System
- Private Sewer
Additional Features
- Level Entry For Accessibility
- Deck
- 1.17 Acre Lot
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number WINM-000043-000000-000008
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $5,820
- Gross Income $51,648
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,932 | $491,900 | $143,400 | $348,500 |
| 2024 | $5,642 | $491,900 | $143,400 | $348,500 |
| 2023 | $5,233 | $467,200 | $133,300 | $333,900 |
| 2022 | $4,687 | $403,700 | $105,600 | $298,100 |
| 2021 | $4,123 | $327,200 | $91,900 | $235,300 |
| 2020 | $6,602 | $294,300 | $80,800 | $213,500 |
| 2019 | $4,309 | $294,300 | $80,800 | $213,500 |
| 2018 | $4,014 | $264,400 | $72,700 | $191,700 |
| 2017 | $3,825 | $232,800 | $65,000 | $167,800 |
| 2016 | $3,655 | $232,800 | $65,000 | $167,800 |
| 2015 | $3,157 | $208,400 | $65,000 | $143,400 |
| 2014 | $1,972 | $187,400 | $65,000 | $122,400 |
| 2013 | $2,513 | $173,900 | $65,000 | $108,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/24/2026 03/24/26 | Pending | -- | -- | -- | |
| 03/12/2026 03/12/26 | For Sale | $535,000 | +42.7% | $183 / Sq Ft | |
| 08/10/2020 08/10/20 | Sold | $375,000 | +7.4% | $129 / Sq Ft | View Prior Sale |
| 06/26/2020 06/26/20 | Pending | -- | -- | -- | |
| 06/24/2020 06/24/20 | For Sale | $349,000 | +51.7% | $120 / Sq Ft | |
| 08/13/2015 08/13/15 | Sold | $230,000 | -4.1% | $77 / Sq Ft | View Prior Sale |
| 06/04/2015 06/04/15 | Pending | -- | -- | -- | |
| 04/17/2015 04/17/15 | For Sale | $239,900 | +260.8% | $80 / Sq Ft | |
| 06/28/2013 06/28/13 | Sold | $66,500 | 0.0% | $48 / Sq Ft | View Prior Sale |
| 06/06/2013 06/06/13 | Pending | -- | -- | -- | |
| 05/20/2013 05/20/13 | For Sale | $66,500 | -- | $48 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | New Conventional | |
| Previous Owner | $237,590 | New Conventional |
Source: Maine Listings
MLS Number: 1654048
APN: WINM-000043-000000-000008
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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