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  • Listed by: RE/MAX Northern Edge Realty LLC
    Bought with: RE/MAX Northern Edge Realty LLC
    $230,000

    398 Main Street, Gorham, NH 03581

    --beds
    --baths
    1,408sqft
    Multi Family
    Built in 1888
    -- sqft lot
    $231,900 Zestimate®
    $163/sqft
    $1,588 Estimated rent

    Home value

    $231,900

    Estimated sales range

    Not available

    $1,588/mo

    Zestimate® history
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    What's special

    Two-car attached garageEfficient buderus heating systemSeparate shedBright and spacious feelSnowmobile trails nearbySeparate entrances provide privacyComfortable and functional layout
    Great investment opportunity with this well-maintained 2-unit building! Whether you're looking to expand your portfolio or owner-occupy, this property offers flexibility and income potential. The second-floor unit is currently vacant, giving you the perfect opportunity to move in and let the rental income from the other unit help pay your mortgage. The first-floor unit features one bedroom and a beautiful vaulted ceiling in the living room, creating a bright and spacious feel. The second-floor unit offers two bedrooms with a comfortable and functional layout. Separate entrances provide privacy for both units. The property also includes a two-car attached garage plus a separate shed, offering plenty of storage for vehicles, tools, and outdoor equipment. A full basement provides additional space, including one finished room ideal for a home office, hobby space, or extra living area. The efficient Buderus heating system adds value and peace of mind. Outdoor enthusiasts will love the ability to ATV directly from the property to the trails, with snowmobile trails nearby — making this an attractive rental or owner-occupied opportunity year-round. Live in one unit while building equity, or rent both units for maximum income potential. Opportunities like this don’t come along often — schedule your showing today and see how this property can work for you!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Stewart,

    RE/MAX Northern Edge Realty LLC 603-752-0003

    Bought with:

    Jennifer Stewart

    RE/MAX Northern Edge Realty LLC

    Source: PrimeMLS,MLS#: 5077388MLS Logo

    Facts & features

    Interior

    Heating
    • Hot Water
    Cooling
    • None
    Features
    • Basement: Concrete Floor,Interior Entry
    Interior area
    • Total structure area: 2,112
    • Total interior livable area: 1,408 sqft
    • Finished area above ground: 1,408
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Paved
    • Garage spaces: 2
    Features
    • Levels: Two
    • Has view: Yes
    • Frontage length: Road frontage: 240
    Lot
    • Size: 0.37 Acres
    • Features: Level, Views
    Details
    • Parcel number: GORHMU8L73
    • Zoning description: CA

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Foundation: Concrete
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1888

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & neighborhood

    Location
    • Region: Gorham

    Price history

    DateEventPrice
    4/14/2026Sold$230,000-4.2%$163/sqft
    Source: PrimeMLS #5077388 Report a problem
    3/18/2026Pending sale$240,000$170/sqft
    Source: PrimeMLS #5077388 Report a problem
    3/3/2026Contingent$240,000$170/sqft
    Source: PrimeMLS #5077388 Report a problem
    2/24/2026Listed for sale$240,000+20.1%$170/sqft
    Source: PrimeMLS #5077388 Report a problem
    6/20/2023Sold$199,900$142/sqft
    Source: PrimeMLS #4948178 Report a problem
    4/16/2023Contingent$199,900$142/sqft
    Source: PrimeMLS #4948178 Report a problem
    4/11/2023Listed for sale$199,900+66.7%$142/sqft
    Source: PrimeMLS #4948178 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    3/29/2013Sold$119,900$85/sqft
    Source: Public Record Report a problem
    2/1/2013Price change$119,900+0.8%$85/sqft
    Source: Owner Report a problem
    11/21/2012Listed for sale$119,000-0.8%$85/sqft
    Source: Owner Report a problem
    10/1/2012Listing removed$119,900$85/sqft
    Source: Coulombe Real Estate #4091319 Report a problem
    7/21/2012Price change$119,900-25%$85/sqft
    Source: Coulombe Real Estate #4091319 Report a problem
    9/8/2011Listed for sale$159,900$114/sqft
    Source: Coulombe Real Estate #4091319 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,713 +15.2%$166,600
    2023$4,090 +1.2%$166,600
    2022$4,040 +16.2%$166,600 +70.5%
    2021$3,478 +11.8%$97,700
    2020$3,112 -5.7%$97,700
    2019$3,299 -7.5%$97,700
    2018$3,567 +7.5%$97,700
    2017$3,317 +5.4%$97,700 -4.8%
    2014$3,148 +24.5%$102,600 -2.8%
    2010$2,529 +10.6%$105,600
    2008$2,287 -1%$105,600 -9.1%
    2007$2,311 $116,200

    Find assessor info on the county website

    Neighborhood: 03581

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Edward Fenn School
    • Middle: Gorham Middle School
    • High: Gorham High School
    • District: Gorham School District SAU #20

    Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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