389 Gray Road, Windham, ME 04062

$535,000
Property Type: Multi-Family Baths: 3 Square Footage: 2,916 Lot Size (sq. ft.): 50,965 Status: Pending
Current Price: $535,000 List Date: 3/12/2026 Last Modified: 3/27/2026

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

Street #: 389 Street Name: Gray Street Type: Road County: Cumberland Town: Windham State/Province: ME Zip Code: 04062 Zip +4: 4248 Leased Land: No Book: 37032 Page: 332 Map: 43 Lot: 8 Zoning: Farm Zoning Overlay: No Association: No School District: RSU 15/MSAD 15 Full Tax Amount $: 5932 Tax Year: 2025 Tree Growth Y/N: No Geo Lat: 43.782294 Geo Lon: -70.413882

Contract Information

Status: Pending Original List Price: 535000 List Price: $535,000 Current Price: $535,000

Property Information

Surveyed: Unknown Seasonal: No Owner Occupied: No Deed: All Deed Restrictions: Unknown 2 Detached Houses on 1 Lot: No Number of Units: 2 Total Baths: 3 Total Full Baths: 3 Color: Tan Year Built: 1900 SqFt Finished Above Grade: 2916 SqFt Finished Total: 2916 SqFt Source: Public Records Garage: Yes Garage Spaces: 2 Lot Size Acres +/-: 1.17 Source of Acreage: Public Records Road Frontage: No

Status Change Info

Pending Date: 2026-03-24

Water Info

Water Frontage: No Water View: No

Building Info

# Stories: 2 # Heating Units: 2

Units

# of 2 BD Units: 1 # of 3 BD Units: 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

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

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
Listing Office: Portside Real Estate Group
Last Updated: March - 27 - 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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