$1,799,000
SOLD MAY 6, 2026

8 College Ave Gorham, ME 04038

-- Bed
8 Baths
5,444 Sq Ft
0.61 Acres Lot

Sale Details

Date Sold: May 6, 2026

$330 Per Sq Ft

6% Below List Price

289 on Market

Highlights

  • Scenic Views
  • Colonial Architecture
  • No HOA
  • Village Elementary School Rated A-
  • Deck
  • 2 Car Garage

About This Home

As of May 2026

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 boasts a strong rental record, smart layouts, and low-maintenance living that keeps headaches (and handyman calls) to a minimum. Each unit is separately metered; tenants handle utilities, while the landlord covers water and sewer. Add in a sizable deck, detached 2-car garage, and spots for each tenant's cars (no parallel parking panic here!) and you've got a perfect combination of convenience and curb appeal. Whether you're looking to grow your portfolio or plant roots in one of Maine's most charming college towns, the McLellan House is your golden goose. Opportunity is knocking - will you answer?

Last Agent to Sell the Property

Bridget King Jason Miller

King + Miller Real Estate Brokerage Email: info@kingmillerrealestate.com Listed on: 05/07/2026

Last Buyer's Agent

Troy Williams

Keller Williams Coastal and Lakes & Mountains Realty

Keller Williams Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,315

Year Built

  • Built in 1803

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Federal Architecture
  • Shingle Roof

Interior Spaces

  • 8 Full Bathrooms
  • 5,444 Sq Ft Home
  • 3-Story Property
  • Scenic Vista Views
  • Interior Basement Entry

Flooring

  • Carpet
  • Laminate

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window

Additional Features

  • Deck
  • 26,572 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number GRHM-000102-000005

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • Operating Expense $24,662
  • Gross Income $171,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,315

Year Built

Built in 1803

Lot Details

0.61 Acres

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.61
  • MLS Status: Closed
  • Directions: GPS Friendly.
  • Above Grade Finished Sq Ft: 5444.0
  • Architectural Style: Colonial, Federal
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1803
  • Attribution Contact: info@kingmillerrealestate.com
  • Contract Information:List PriceSqFt: 330.46
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Interior Entry
  • Full Bathrooms: 8
  • Fireplace: No
  • Flooring: Carpet, Laminate, Other
  • Stories: 3

Exterior Features

  • View: Scenic
  • Waterfront: No
  • Patio And Porch Features: Deck
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 26571.6
  • Parcel #: GRHM-000102-000005
  • Zoning: UR, Historic

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 171000.0
  • Annual Operating Expense: 24662.06

Tax Info

  • Tax Annual Amount: 11315.0
  • Tax Lot: 5
  • Tax Year: 2024
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2026 05/06/26 Sold $1,799,000 0.0% $330 / Sq Ft
11/30/2025 11/30/25 Off Market $1,799,000 -- --
08/06/2025 08/06/25 Price Changed $1,799,000 -6.3% $330 / Sq Ft
05/17/2025 05/17/25 For Sale $1,920,000 0.0% $353 / Sq Ft
10/08/2024 10/08/24 Off Market $1,650 -- --
09/30/2024 09/30/24 For Rent $1,650 -8.3% --
09/26/2024 09/26/24 For Rent $1,800 +9.1% --
09/15/2024 09/15/24 For Rent $1,650 -- --
Source: Maine Listings

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 $11,392 $769,700 $115,600 $654,100
2024 $11,315 $769,700 $115,600 $654,100
2023 $10,583 $769,700 $115,600 $654,100
2022 $6,466 $503,200 $115,600 $387,600
2021 $2,873 $148,100 $98,200 $49,900
2020 $2,812 $148,000 $98,100 $49,900
2019 $2,805 $148,000 $98,100 $49,900
2018 $2,266 $124,500 $74,600 $49,900
2017 $2,129 $124,500 $74,600 $49,900
2016 $5,284 $310,800 $98,000 $212,800
2015 $5,066 $310,800 $98,000 $212,800
2014 $5,223 $300,200 $101,700 $198,500
2013 $5,193 $300,200 $101,700 $198,500
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1623066

Maine Listings
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