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    Orono Duplex Near University of Maine
    Updated: May 13
    Orono Duplex Near University of Maine

    3 Park Street, Orono, ME 04473

    $277,000
    1,656 sqft 0.19 AC lot
    Cape Cod‑style duplex with one 2‑bedroom unit and one 3‑bedroom unit
    Fully occupied duplex with strong rental history and consistent occupancy (per public remarks)
    Off‑street parking and basement laundry facilities
    Public water and public sewer
    Forced‑air heating with oil; shingle roof; wood frame with vinyl siding
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    This listing looks promising.

    Here's a quick look at some key insights for

    3 Park Street, Orono, ME 04473

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $15K
      Annual

    • Price @ 7% Cap

      $217K
      Suggested
    View Property Analytics
    Vacant Multi-Use Duplex Building
    Updated: Jul 16
    Vacant Multi-Use Duplex Building

    117 Mill Street, Orono, ME 04473

    $619,900
    9,120 sqft 0.25 AC lot
    Vacant three‑story multi‑use building on Mill Street in Orono, offering flexibility for residential, office, or commercial configurations (subject to local approvals).
    Built in 1910 with exterior materials including masonry, stucco, and vinyl siding; roof is a membrane roof.
    Heating includes zoned systems with natural gas hot water heating and baseboard heat.
    Public water and public sewer available.
    Residential units include in‑unit washer and dryer connections; one unit is offered furnished.
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Orono, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Unit Multifamily With Storage
    Two-Unit Multifamily With Storage

    172 Garland Street, Bangor, ME 04401

    $260,000
    1,936 sqft 0.11 AC lot

    Two spacious 2-bedroom units with recent exterior and mechanical upgrades plus detached storage building for added utility.

    View details
    Fully Rehabbed Duplex With Separate Entrances
    Fully Rehabbed Duplex With Separate Entrances

    916 Main Street, Old Town, ME 04468

    $294,000
    1,500 sqft 0.14 AC lot

    A fully rehabbed duplex with updated kitchens, updated bathrooms, spray foam insulation, and private entrances.

    View details
    Bangor Duplex: Investor or Owner
    Bangor Duplex: Investor or Owner

    178 Birch Street, Bangor, ME 04401

    $270,000
    1,505 sqft 0.18 AC lot

    Two-unit property near hospitals, schools, and downtown Bangor.

    View details
    Townhouse-Style Duplex with Parking
    Townhouse-Style Duplex with Parking

    34 6th Street, Old Town, ME 04468

    $289,900
    0.19 AC lot

    Recently remodeled duplex offers separate utilities, washer/dryer hookups, and paved driveway parking for both sides.

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    Orono, ME Duplexes Market Trends and Statistics

    Explore 2 duplexes for sale in Orono, ME on our real estate platform. These investment opportunities span a total of 10,776 square feet of properties for sale, with an estimated market value of $896,900.

    Sale prices for duplexes in Orono, ME start at $277,000, averaging $448,450, and reaching up to $619,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2
    Triplexes 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) +2.9%
    Median Household Income $58,893

    High-Yield Neighborhoods for Investment

    Identify Orono submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04473 $277K

    Taxes & Financing

    Tax Rate (average for all types) 2.34%
    Property Tax per SF $41.89 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Penobscot County

    New Delisted

    Total CRE Inventory on Market (SF)

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