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  • $270,000

    174 Ossipee Trail E, Gorham, ME 04038

    2beds
    720sqft
    Single Family Residence
    Built in 1953
    0.43 Acres Lot
    $270,000 Zestimate®
    $375/sqft
    $2,274 Estimated rent

    Home value

    $270,000

    $257,000 - $284,000

    $2,274/mo

    Zestimate® history
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    $1,734/mo

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    What's special

    Traditional layout
    Group showings and Open House Wednesday 7/22 from 2-4pm and Friday 7/24 from 10am-12pm. Offers due Monday 7/27 by 1pm with a response by Tuesday 7/28 by 1pm. Opportunity knocks at 174 Ossipee Trail in Gorham! This classic 1953 Cape sits on a .43-acre lot and offers the perfect chance to build equity in a desirable location. With 720 square feet of first-floor living space, this home features original red oak hardwood floors ready to be brought back to life, along with a traditional layout that provides a solid foundation for your vision. The second-floor walk-up attic offers approximately 405 additional square feet just waiting to be finished--ideal for expanding living space, adding bedrooms, or creating a home office. A full basement provides ample storage and utility space, while the detached 2-car garage adds convenience and value. This property is in need of updates from top to bottom, making it an excellent project for investors, flippers, or buyers looking to customize a home to their exact tastes. Bring your ideas, your energy, and your toolbelt--this is a true fixer-upper with strong upside potential. All major systems are currently in place and functioning as designed, allowing you to focus on cosmetic improvements and future expansion. Whether you're looking for your next renovation project or a smart investment in the Gorham market, this property delivers affordability and opportunity in one package. Don't miss your chance to unlock the potential at 174 Ossipee Trail--transform this classic Cape into something truly special!

    Zillow last checked:

    Listing updated:

    Listed by:

    PO-GO REALTY

    Bought with:

    Keller Williams Realty

    Source: Maine Listings,MLS#: 1672582MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom 1
    • Features: Closet
    • Level: First
    Bedroom 2
    • Features: Closet
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Baseboard, Hot Water
    Cooling
    • None
    Appliances
    • Included: Dryer, Electric Range, Refrigerator, Washer
    Features
    • 1st Floor Bedroom, Attic
    • Flooring: Vinyl, Wood
    • Basement: Bulkhead,Interior Entry,Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 720
    • Total interior livable area: 720 sqft
    • Finished area above ground: 720
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved, On Site, Detached
    • Garage spaces: 2
    Lot
    • Size: 0.43 Acres
    • Features: Near Town, Level
    Details
    • Parcel number: GRHMM113B011L000
    • Zoning: Rural

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Shingle Siding
    • Foundation: Poured Concrete
    • Roof: Shingle
    Condition
    • Year built: 1953

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Septic Tank
    • Water: Private

    Community & HOA

    Location
    • Region: Gorham

    Financial & listing details

    • Price per square foot: $375/sqft
    • Tax assessed value: $188,400
    • Annual tax amount: $2,788
    • Date on market: 7/20/2026
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/14/2026Sold$270,000+4.2%$375/sqft
    Source: Maine Listings #1672582 Report a problem
    7/27/2026Pending sale$259,000$360/sqft
    Source: Maine Listings #1672582 Report a problem
    7/20/2026Listed for sale$259,000+107.4%$360/sqft
    Source: Maine Listings #1672582 Report a problem
    12/6/2002Sold$124,897$173/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,769 +6.9%$188,400
    2023$2,591 +7%$188,400
    2022$2,421 +19.7%$188,400 +77.1%
    2020$2,022 +0.3%$106,400
    2019$2,016 +4.1%$106,400
    2018$1,936 +6.4%$106,400
    2017$1,819 +0.6%$106,400
    2016$1,809 +4.3%$106,400
    2015$1,734 +2.7%$106,400 +9.7%
    2014$1,688 +0.6%$97,000
    2013$1,678 +6.1%$97,000
    2012$1,581 $97,000
    2011$1,581 +2.5%$97,000
    2009$1,542 -0.6%$97,000
    2008$1,552 +6.8%$97,000 +29.5%
    2006$1,453 $74,900
    Find assessor info on the county website

    Neighborhood: 04038

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $270,000
    2% more
    +$5,400
    With Zillow Showcase(estimated)
    $275,400
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $270,000
    2% more
    +$5,400
    With Zillow Showcase(estimated)
    $275,400