Maintained Duplex Income
12 Harvest Drive Orrington, ME 04474
For Sale
$489,000
MULTI_FAMILY - Orrington, ME
Property Size2,048 SF
Price / SF$238.77
Days on Market232
Property Features for 12 Harvest Drive
General Information
Property type
Residential Multi Family
Property subtype
Single Family Attached
Bathrooms
2
Standard status
Active
Size
2,048 SF
Building Details
Year built
2022
Listing Agency:
Ellsworth, Maine
(207) 667-7423
Listed By:
Stacy White
(207) 812-7911
Added: Dec 8, 2025
Changed: Jul 23
Last Checked: Jul 28 at 7:06PM
MLS# 1645922
Copyright © 2026 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This beautifully maintained duplex offers a steady income setup with two separate units. Each unit is configured with 2 bedrooms and 1 bath, along with a one-car garage and efficient heating. The property sits on a nicely sized lot within a planned subdivision.
The community includes access to 5.85 acres of common area, providing additional outdoor space. The listing also notes convenient access to shopping, the airport, and outdoor recreation.
The property is presented as having an excellent rental history and functions as a residential income asset in Orrington, Maine.
The community includes access to 5.85 acres of common area, providing additional outdoor space. The listing also notes convenient access to shopping, the airport, and outdoor recreation.
The property is presented as having an excellent rental history and functions as a residential income asset in Orrington, Maine.
Key Highlights
- Duplex built in 2022 in Orrington
- Each unit offers 2 bedrooms, 1 bathroom, and a one‑car garage
- Property described as solid income‑producing with an excellent rental history
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.3k | $13.80 |
| − Vacancy | −$1.4k | −$0.71 |
| EGI | $26.8k | $13.09 |
| − OpEx | −$8.0k | −$3.93 |
| NOI | $18.8k | $9.16 |
2,048 SF · lease $13.80/SF/yr · vacancy 5.13% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$268.1K
$234.6K – $312.8K
NOI $18,769 @ 7.0% cap · market cap 3.84%
Second Best
Apartment 5plus
$246.6K
$215.8K – $287.7K
NOI $17,262 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$661.4K
$578.8K – $771.7K
NOI $46,301 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with two 2-bedroom, 1-bath units and one-car garages on a sizable lot.
Where is this duplex located?
The property is located at 12 Harvest Drive Orrington, ME.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Duplex built in 2022 in Orrington; Each unit offers 2 bedrooms, 1 bathroom, and a one‑car garage; Property described as solid income‑producing with an excellent rental history
