398 Main St Gorham, NH 03581
Estimated payment $1,656/month
Highlights
- Views
- Hot Water Heating System
- Level Lot
- Gorham High School Rated 10
- 2 Car Garage
About This Home
Great investment opportunity with this well-maintained 2-unit building! Whether you're looking to expand your portfolio or owner-occupy, this property offers flexibility and income potential. The second-floor unit is currently vacant, giving you the perfect opportunity to move in and let the rental income from the other unit help pay your mortgage.
The first-floor unit features one bedroom and a beautiful vaulted ceiling in the living room, creating a bright and spacious feel. The second-floor unit offers two bedrooms with a comfortable and functional layout. Separate entrances provide privacy for both units. The property also includes a two-car attached garage plus a separate shed, offering plenty of storage for vehicles, tools, and outdoor equipment. A full basement provides additional space, including one finished room ideal for a home office, hobby space, or extra living area. The efficient Buderus heating system adds value and peace of mind. Outdoor enthusiasts will love the ability to ATV directly from the property to the trails, with snowmobile trails nearby — making this an attractive rental or owner-occupied opportunity year-round. Live in one unit while building equity, or rent both units for maximum income potential. Opportunities like this don’t come along often — schedule your showing today and see how this property can work for you!
Listing Agent
RE/MAX Northern Edge Realty LLC License #057293 Listed on: 02/24/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,036
Year Built
- Built in 1888
Lot Details
- 0.37 Acre Lot
- Level Lot
Parking
- 2 Car Garage
Home Design
- Concrete Foundation
- Wood Frame Construction
- Metal Roof
- Vinyl Siding
Interior Spaces
- Property has 2 Levels
- Basement
- Interior Basement Entry
- Property Views
Schools
- Edward Fenn Elementary School
- Gorham Middle School
- Gorham High School
Utilities
- No Cooling
- Hot Water Heating System
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 73
- Assessor Parcel Number u8
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 |
|---|---|---|---|---|
| 2024 | $4,713 | $166,600 | $24,300 | $142,300 |
| 2023 | $4,090 | $166,600 | $24,300 | $142,300 |
| 2022 | $4,040 | $166,600 | $24,300 | $142,300 |
| 2021 | $3,478 | $97,700 | $15,400 | $82,300 |
| 2020 | $3,112 | $97,700 | $15,400 | $82,300 |
| 2019 | $3,299 | $97,700 | $15,400 | $82,300 |
| 2018 | $3,567 | $97,700 | $15,400 | $82,300 |
| 2017 | $3,317 | $97,700 | $15,400 | $82,300 |
| 2014 | $3,148 | $102,600 | $20,600 | $82,000 |
| 2010 | $2,529 | $105,600 | $29,400 | $76,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/24/2026 02/24/26 | For Sale | $240,000 | +20.1% | $170 / Sq Ft | |
| 06/20/2023 06/20/23 | Sold | $199,900 | 0.0% | $122 / Sq Ft | View Prior Sale |
| 04/16/2023 04/16/23 | Pending | -- | -- | -- | |
| 04/11/2023 04/11/23 | For Sale | $199,900 | +66.7% | $122 / Sq Ft | |
| 03/25/2013 03/25/13 | Sold | $119,900 | 0.0% | $73 / Sq Ft | View Prior Sale |
| 03/20/2013 03/20/13 | Pending | -- | -- | -- | |
| 03/14/2013 03/14/13 | For Sale | $119,900 | -- | $73 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $199,933 | None Available | |
| Warranty Deed | $199,933 | None Available | |
| Warranty Deed | $199,933 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $119,900 | -- | |
| Warranty Deed | $119,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $193,900 | Purchase Money Mortgage | |
| Closed | $193,900 | Purchase Money Mortgage | |
| Previous Owner | $35,000 | Unknown | |
| Closed | $0 | No Value Available |
Source: PrimeMLS
MLS Number: 5077388
APN: GORH-000008-000000-000073-U000000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
- 4 Legassie St
- 216 Glen Ave
- 416 Burgess St
- 38 Glen Ave
- 527 Champlain St Unit SecondLevel
- 527 Champlain St Unit SecondLevel
- 361 Coos St Unit 1
- 816 3rd Ave Unit 4
- 250 Madison Ave Unit 3
- 284 Tin Mine Rd
- 1 Whispering Brook Rd Unit 1
- 290 Glen Ledge Rd
- 16 Headwall Dr Unit 16
- 25 Bunker Hill St
- 25 Bunker Hill St
- 25 Bunker Hill St
- 46 Linderhof Golf Course Rd Unit D4
- 71 Water St
- 20 Emery Ln Unit 4
- 7 Cross St Unit 1
Ask me questions while you tour the home.