389 Gray Road, Windham, ME 04062
New Listing
$535,000
Property Type:
Multi-Family
Baths:
3
Square Footage:
2,916
Lot Size (sq. ft.):
50,965
Status:
Active
Current Price:
$535,000
List Date:
3/12/2026
Last Modified:
3/12/2026
Description
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.
Supplements: ********
More Information MLS# 1654048
Location Information
Book: 37032
Leased Land: No
Page: 332
Map: 43
Lot: 8
Zoning Overlay: No
Association: No
School District: RSU 15/MSAD 15
Tree Growth Y/N: No
Street #: 389
Street Name: Gray
Street Type: Road
County: Cumberland
Town: Windham
State/Province: ME
Zip Code: 04062
Zip +4: 4248
Zoning: Farm
Full Tax Amount $: 5932
Tax Year: 2025
Geo Lat: 43.782294
Geo Lon: -70.413882
Property Information
Surveyed: Unknown
Seasonal: No
Owner Occupied: No
Number of Units: 2
Deed: All
Deed Restrictions: Unknown
2 Detached Houses on 1 Lot: No
Lot Size Acres +/-: 1.17
Total Baths: 3
Total Half Baths: 0
Color: Tan
Road Frontage: No
SqFt Finished Above Grade: 2916
SqFt Finished Below Grade: 0
SqFt Source: Public Records
Garage: Yes
Garage Spaces: 2
Total Full Baths: 3
Year Built: 1900
SqFt Finished Total: 2916
Source of Acreage: Public Records
Site
Level: 1
Open: 1
Location
Near Town: 1
Rural: 1
Suburban: 1
Roads
Paved: 1
Public: 1
Transportation
Major Road Access: 1
Water Info
Water Frontage: No
Water View: No
Style
Farmhouse: 1
Other: 1
Construction
Wood Frame: 1
Structure Type
Duplex: 1
Basement
Bulkhead: 1
Dirt Floor: 1
Partial: 1
Sump Pump: 1
Exterior
Vinyl Siding: 1
Roof
Fiberglass: 1
Pitched: 1
Shingle: 1
Heat System
Baseboard: 1
Direct Vent Furnace: 1
Direct Vent Heater: 1
Forced Air: 1
Hot Water: 1
Building Info
# Stories: 2
# Heating Units: 2
Heat Fuel
Propane: 1
Income & Expenses
Gross Income: 51648
Operating Expenses: 5820
Cooling
None: 1
Floors
Laminate: 1
Tile: 1
Wood: 1
Accessibilitiy Amenities
Level Entry: 1
Units
# of 2 BD Units: 1
# of 3 BD Units: 1
Parking
5 - 10 Spaces: 1
Off Street: 1
On Site: 1
Unit 1
Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 2275
# Full Baths: 2
# of Rooms: 5
# of Bedrooms: 3
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric
Circuit Breakers: 1
Unit 2
Lease: Yes
Level: First
Security Deposit: Yes
Monthly Rent: 1900
# Full Baths: 1
# of Rooms: 4
# of Bedrooms: 2
Dedicated Electric Meter: Yes
Dedicated Gas Meter: Yes
Dedicated Water Heater: No
Electric: No
Heat: No
Range: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Utilities
Utilities On: Yes
Gas
Bottled: 1
Sewer
Private Sewer: 1
Septic Tank: 1
Water
Public: 1
Driveway
Gravel: 1
Restrictions
No Restrictions: 1
Basement Entry
Bulkhead: 1
Water Heater
Electric: 1
Gas: 1
Off Heating System: 1
Tankless: 1
Amenities
1st Floor Bedroom: 1
Bathtub: 1
Storage: 1
Patio and Porch Features
Deck: 1
Equipment
Internet Access Available: 1
Vehicle Storage
2 Car: 1
Detached: 1
Contract Information
Status: Active
Original List Price: 535000
List Price: $535,000
Current Price: $535,000
Property Features
Site: Level; Open
Location: Near Town; Rural; Suburban
Roads: Paved; Public
Transportation: Major Road Access
Style: Farmhouse; Other
Structure Type: Duplex
Construction: Wood Frame
Basement: Bulkhead; Dirt Floor; Partial; Sump Pump
Basement Entry: Bulkhead
Exterior: Vinyl Siding
Roof: Fiberglass; Pitched; Shingle
Heat System: Baseboard; Direct Vent Furnace; Direct Vent Heater; Forced Air; Hot Water
Heat Fuel: Propane
Water Heater: Electric; Gas; Off Heating System; Tankless
Cooling: None
Floors: Laminate; Tile; Wood
Amenities: 1st Floor Bedroom; Bathtub; Storage
Patio and Porch Features: Deck
Equipment: Internet Access Available
Driveway: Gravel
Parking: 5 - 10 Spaces; Off Street; On Site
Vehicle Storage: 2 Car; Detached
Restrictions: No Restrictions
Electric: Circuit Breakers
Gas: Bottled
Sewer: Private Sewer; Septic Tank
Water: Public
Documents
Listing Office:
Portside Real Estate Group
IDX
Last Updated: March - 12 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2022 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

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