Gorgeous Duplex in Windham Offering Strong Rental Income! This well maintained property features long-term tenants. Rich in character, the home showcases beautiful exposed beams and warm wood features throughout, blending charm with functionality. Recent updates include a new roof, new back deck and stairs, and an oversized shed that conveys with the property for additional storage, currently utilized by tenants. Each unit offers private entrances and separate driveways. The first unit features a convenient single level layout with 2 bedrooms and 1 bath, while the second unit offers a spacious 3 bedrooms and 1 bath with a unique split level design. Situated on 3 private acres, this property is conveniently located and provides an easy commute to Portland. Whether you're searching for your forever home with income potential or your next strong addition to your investment portfolio, this opportunity checks all the boxes.
Please allow 24-hour notice for showings.
Active
Price cut: $10K (5/12)
$639,000
305 Gray Road, Windham, ME 04062
5beds
2,710sqft
Est.:
Multi Family
Built in 1805
-- sqft lot
$-- Zestimate®
$236/sqft
$-- HOA
What's special
Private entrancesWarm wood features throughoutConvenient single level layoutUnique split level designNew roofSeparate drivewaysBeautiful exposed beams
- 24 days |
- 1,081 |
- 57 |
Zillow last checked:
Listing updated:
Listed by:
The Maine Real Estate Experience
Source: Maine Listings,MLS#: 1658345
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Hot Water
Cooling
- None
Features
- Flooring: Wood, Softwood
- Basement: Exterior Entry,Unfinished
Interior area
- Total structure area: 2,710
- Total interior livable area: 2,710 sqft
- Finished area above ground: 2,710
- Finished area below ground: 0
Property
Parking
- Parking features: Paved, 11 - 20 Spaces
Lot
- Size: 3.1 Acres
Details
- Parcel number: WINMM9B81
- Zoning: F
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1805
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water: Public
Community & HOA
Location
- Region: Windham
Financial & listing details
- Price per square foot: $236/sqft
- Tax assessed value: $562,800
- Annual tax amount: $6,787
- Date on market: 4/18/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Price change | $639,000-1.5%$236/sqft |
Source:  Maine Listings #1658345 Report a problem | ||
| 4/18/2026 | Listed for sale | $649,000$239/sqft |
Source: Maine Listings #1658345 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,455 +7.9% | $562,800 +5.4% |
| 2023 | $5,980 +9.3% | $533,900 +13.3% |
| 2022 | $5,473 +13.9% | $471,400 +47.2% |
| 2020 | $4,803 | $320,200 |
| 2019 | $4,803 +23.7% | $320,200 +25.2% |
| 2018 | $3,883 +8.8% | $255,800 +17.8% |
| 2017 | $3,569 +4.7% | $217,200 |
| 2016 | $3,410 +3.6% | $217,200 |
| 2015 | $3,291 +8.3% | $217,200 |
| 2014 | $3,040 -3.2% | $217,200 |
| 2013 | $3,139 +4% | $217,200 |
| 2011 | $3,019 +5.9% | $217,200 -10.5% |
| 2009 | $2,851 +8.9% | $242,600 +5.7% |
| 2008 | $2,617 | $229,600 +114.6% |
| 2005 | -- | $107,000 |
Find assessor info on the county website
Monthly payment
Est. payment
$3,646/mo
Principal & interest
$3124
Property taxes
$522
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Climate risks
Neighborhood: 04062
Nearby schools
GreatSchools rating
- 5/10Windham Primary SchoolGrades: K-3Distance: 1.1 mi
- 4/10Windham Middle SchoolGrades: 6-8Distance: 1.4 mi
- 6/10Windham High SchoolGrades: 9-12Distance: 1.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Cumberland County
- Windham
- 04062
- 305 Gray Road
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Nearby zip codes
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