Rare opportunity to own this hidden gem, a two unit home in the heart of Gorham Village. Nestled in a private setting, set back from the road, this property presents a great opportunity to owner occupy while letting renters help pay your mortgage, or to add to you investment portfolio. The owner's unit features 3 bedrooms and 2 bathrooms, including a first floor primary suite, gas stove, and amazing basement access and storage. The second unit is currently rented through June 2024 with reliable tenants. You'll love the location and privacy, including the circular driveway with plenty of room for parking or to store your toys. Back decks on each unit. Unit B offers a covered porch!
Offers will be reviewed Monday Feb 19 at 3pm with response by 3pm on Feb 20
Closed
$682,500
88 South Street, Gorham, ME 04038
5beds
2,318sqft
Multi Family
Built in 1984
-- sqft lot
$732,200 Zestimate®
$294/sqft
$2,786 Estimated rent
Home value
$732,200
$696,000 - $769,000
$2,786/mo
Zestimate® history
Owner options
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$2,786/mo
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$2,786/mo
Rent Zestimate®
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$3,443/mo
Est. payment
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$3,443/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Demetria Real Estate
Bought with:
Waypoint Brokers Collective
Source: Maine Listings,MLS#: 1582204
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Direct Vent Heater, Forced Air, Zoned
Cooling
- None
Features
- Bathtub, Primary Bedroom w/Bath
- Flooring: Carpet, Vinyl, Wood
- Windows: Double Pane Windows
- Basement: Bulkhead,Interior Entry,Walk-Out Access,Full,Unfinished
Interior area
- Total structure area: 2,318
- Total interior livable area: 2,318 sqft
- Finished area above ground: 2,318
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, 1 - 4 Spaces, On Site
Features
- Stories: 2
- Patio & porch: Deck
Lot
- Size: 1 Acres
- Features: City Lot, Near Shopping, Neighborhood, Level, Landscaped
Details
- Additional structures: Shed(s)
- Parcel number: GRHMM103B050L001
- Zoning: UR
- Other equipment: Internet Access Available
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Garrison
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1984
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer, Septic Tank
- Water: Public
- Utilities for property: Utilities On
Green energy
- Energy efficient items: Ceiling Fans
Community & neighborhood
Location
- Region: Gorham
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2025 | Listing removed | $3,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/12/2025 | Listed for rent | $3,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/8/2024 | Sold | $682,500+9.2%$294/sqft |
Source:  Maine Listings #1582204 Report a problem | ||
| 2/20/2024 | Pending sale | $625,000$270/sqft |
Source: Maine Listings #1582204 Report a problem | ||
| 2/14/2024 | Listed for sale | $625,000$270/sqft |
Source: Maine Listings #1582204 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,681 +6.9% | $522,500 |
| 2023 | $7,184 +7% | $522,500 |
| 2022 | $6,714 +42.1% | $522,500 +110.1% |
| 2020 | $4,725 +0.3% | $248,700 |
| 2019 | $4,713 +4.1% | $248,700 |
| 2018 | $4,526 +6.4% | $248,700 |
| 2017 | $4,253 +0.6% | $248,700 +0% |
| 2016 | $4,226 +4.3% | $248,600 |
| 2015 | $4,052 +1.5% | $248,600 +8.4% |
| 2014 | $3,992 +0.6% | $229,400 |
| 2013 | $3,969 +6.2% | $229,400 |
| 2012 | $3,739 +0.3% | $229,400 +0.3% |
| 2011 | $3,729 +2.5% | $228,800 |
| 2009 | $3,638 -0.6% | $228,800 |
| 2008 | $3,661 +6.7% | $228,800 +29.4% |
| 2006 | $3,430 | $176,800 |
Find assessor info on the county website
Neighborhood: 04038
Nearby schools
GreatSchools rating
- 7/10Village Elementary School-GorhamGrades: K-5Distance: 0.2 mi
- 8/10Gorham Middle SchoolGrades: 6-8Distance: 0.7 mi
- 9/10Gorham High SchoolGrades: 9-12Distance: 0.3 mi
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$732,200
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+$14,644
With Zillow Showcase(estimated)
$746,844
- Maine
- Cumberland County
- Gorham
- 04038
- 88 South Street
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