Ashley Fearon
A Team Realty
(877) 780-5160
93 Total Sales
1 in Little Falls
$129,000 Price
771 Gray Rd Gorham, ME 04038
Little Falls Area
--
Beds
7
Baths
4,673
Sq Ft
0.59
Acre Lot
Highlights
- Federal Architecture
- Wood Flooring
- No HOA
- Great Falls Elementary School Rated A-
- 4 Fireplaces
- Porch
About This Home
As of May 2026Investors and owner-occupants take notice! This 4-unit multi-family property offers an excellent opportunity in a growing Gorham location with strong income and long-term potential. Featuring a versatile unit mix, including three 2-bedroom apartments and one spacious 4-bedroom unit, this property provides options for both rental investment and the possibility of owner occupancy. Ideally situated near the new elementary school, Red City Tavern, and just minutes from Windham, the location continues to see increasing demand. With ample off-street parking and classic brick construction, this is a solid asset ready for a new owner's vision. The property would benefit from cosmetic updates, making it a great value-add opportunity to build equity and maximize future returns. SHOWINGS WILL HAPPEN IN TIME BLOCKS
Last Agent to Sell the Property
The Maine Real Estate Group Listed on: 12/29/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,031
Year Built
- Built in 1900
Lot Details
- 0.59
Home Design
- Federal Architecture
- Pitched Roof
- Shingle Roof
Interior Spaces
- 4,673 Sq Ft Home
- 3-Story Property
- 4 Fireplaces
Flooring
- Wood
- Tile
- Vinyl
Basement
- Doghouse Basement Entry
- Interior Basement Entry
Utilities
- No Cooling
- Zoned Heating
- Baseboard Heating
- Hot Water Heating System
Additional Features
- Porch
- 25,700 Sq Ft Lot
Listing and Financial Details
- Tax Lot 101
- Assessor Parcel Number GRHM-000111-000101
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Operating Expense $29,070
- Gross Income $133,200
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 29, 2025
Closed on
May 1, 2026
Sold by
Nkurunziza James
Bought by
Seller's Agent
Janice Pompe John Lesser
The Maine Real Estate Group
Buyer's Agent
Sarah Msuya
Dream Home Realty LLC
List Price
$830,000
Sold Price
$800,000
Premium/Discount to List
-$30,000
-3.61%
Views
50
Purchase Details
Listed on
Mar 22, 2022
Closed on
Jun 22, 2022
Sold by
Branson House Llc
Bought by
James Nkurunziza
Seller's Agent
Jeffrey Davis
Town & Shore Real Estate
Buyer's Agent
Janice Pompe John Lesser
Bean Group
List Price
$695,000
Sold Price
$805,000
Premium/Discount to List
$110,000
15.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.16%
Original Mortgage
$790,419
Interest Rate
5.3%
Mortgage Type
FHA
Purchase Details
Listed on
Nov 4, 2015
Closed on
Apr 21, 2016
Sold by
Resurgam Properties Llc
Bought by
Branson House Llc
Seller's Agent
Jay Sparrow
Allied Real Estate
Buyer's Agent
Jay Sparrow
Allied Real Estate
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.40%
Purchase Details
Closed on
Aug 7, 2015
Sold by
Stours Dwayne and Stours Duane R
Bought by
Resurgam Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,737
Interest Rate
4.03%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Gorham, ME
-
Ashley Fearon
-
Jennifer Whitehead
Jennifer Whitehead
Dream Home Realty LLC
(207) 464-2499
125 Total Sales
2 in Little Falls
$200K - $430K Price Range
-
Aaron Chadbourne
Aaron Chadbourne
Demetria Real Estate
(207) 613-4537
232 Total Sales
1 in Little Falls
$319,000 Price
-
Nicholas Dambrie
Nicholas Dambrie
Keller Williams Realty
(207) 387-9614
152 Total Sales
1 in Little Falls
$875,000 Price
-
Jason Clark
Jason Clark
Responds QuicklyColdwell Banker Realty
(207) 977-2982
63 Total Sales
1 in Little Falls
$437,000 Price
-
The Marc Gup
TG
The Marc Gup
Responds QuicklyKeller Williams Realty
(207) 544-4202
206 Total Sales
1 in Little Falls
$450,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $800,000 | -- | ||
| James Nkurunziza | $805,000 | None Available | |
| Branson House Llc | -- | -- | |
| Resurgam Properties Llc | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | -- | $790,419 | |
| Previous Owner | Branson House Llc | $499,000 | |
| Closed | Branson House Llc | $135,000 | |
| Previous Owner | Resurgam Properties Llc | $225,000 | |
| Previous Owner | -- | $229,737 | |
| Previous Owner | Stours Dwayne R | $967,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/01/2026 05/01/26 | Sold | $800,000 | 0.0% | $171 / Sq Ft | |
| 02/20/2026 02/20/26 | Pending | -- | -- | -- | |
| 02/13/2026 02/13/26 | Price Changed | $800,000 | 0.0% | $171 / Sq Ft | |
| 02/13/2026 02/13/26 | Price Changed | $799,999 | -3.6% | $171 / Sq Ft | |
| 12/29/2025 12/29/25 | For Sale | $830,000 | +3.1% | $178 / Sq Ft | |
| 06/22/2022 06/22/22 | Sold | $805,000 | +15.8% | $172 / Sq Ft | View Prior Sale |
| 04/01/2022 04/01/22 | Pending | -- | -- | -- | |
| 03/22/2022 03/22/22 | For Sale | $695,000 | +98.6% | $149 / Sq Ft | |
| 04/15/2016 04/15/16 | Sold | $350,000 | -6.7% | $75 / Sq Ft | View Prior Sale |
| 03/03/2016 03/03/16 | Pending | -- | -- | -- | |
| 11/04/2015 11/04/15 | For Sale | $375,000 | -- | $80 / Sq Ft |
Source: Maine Listings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $10,100 | $682,400 | $150,800 | $531,600 |
| 2024 | $10,031 | $682,400 | $150,800 | $531,600 |
| 2023 | $9,383 | $682,400 | $150,800 | $531,600 |
| 2022 | $8,769 | $682,400 | $150,800 | $531,600 |
| 2021 | $6,427 | $331,300 | $97,300 | $234,000 |
| 2020 | $6,295 | $331,300 | $97,300 | $234,000 |
| 2019 | $6,278 | $331,300 | $97,300 | $234,000 |
| 2018 | $6,030 | $331,300 | $97,300 | $234,000 |
| 2017 | $5,665 | $331,300 | $97,300 | $234,000 |
| 2016 | $5,629 | $331,100 | $97,100 | $234,000 |
| 2015 | $5,850 | $358,900 | $124,900 | $234,000 |
| 2014 | -- | $293,000 | $94,800 | $198,200 |
| 2013 | $5,069 | $293,000 | $94,800 | $198,200 |
Source: Public Records
Agents Affiliated with this Home
-
Janice Pompe John Lesser
JJ
Seller's Agent in 2026
Janice Pompe John Lesser
The Maine Real Estate Group
(207) 329-4534
119 Total Sales
-
Aakash Patel
Seller Co-Listing Agent in 2026
Aakash Patel
The Maine Real Estate Group
(207) 252-3808
8 Total Sales
-
Sarah Msuya
Buyer's Agent in 2026
Sarah Msuya
Dream Home Realty LLC
(207) 887-9543
136 Total Sales
-
Jeffrey Davis
Seller's Agent in 2022
Jeffrey Davis
Town & Shore Real Estate
(207) 233-9423
143 Total Sales
-
Jay Sparrow
Seller's Agent in 2016
Jay Sparrow
Allied Real Estate
(207) 756-5779
15 Total Sales
Map
Source: Maine Listings
MLS Number: 1647309
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.
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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