Duplex with Two One-Car
38 Harvest Drive Orrington, ME 04474
For Sale
$489,000
MULTI_FAMILY - Orrington, ME
Property Size1,760 SF
Price / SF$277.84
Days on Market231
Property Features for 38 Harvest Drive
General Information
Property type
Residential Multi Family
Property subtype
Single Family Attached
Bathrooms
2
Standard status
Active
Size
1,760 SF
Building Details
Year built
2020
Listing Agency:
Ellsworth, Maine
(207) 667-7423
Listed By:
Stacy White
(207) 812-7911
Added: Dec 10, 2025
Changed: Jul 23
Last Checked: Jul 29 at 6:06AM
MLS# 1646159
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 well-maintained duplex offers a straightforward income layout, with two units configured as 2 bedrooms and 1 bathroom each. Each unit includes a one-car garage and efficient heating. The property sits on a nicely sized lot and is described as having an excellent rental history.
The home is located in a well-planned subdivision in Orrington, providing convenient access to shopping, the airport, and outdoor recreation.
In addition to the residential lot, the property includes access to 5.85 acres of common area for outdoor enjoyment.
The home is located in a well-planned subdivision in Orrington, providing convenient access to shopping, the airport, and outdoor recreation.
In addition to the residential lot, the property includes access to 5.85 acres of common area for outdoor enjoyment.
Key Highlights
- Well‑maintained duplex built in 2020 in an Orrington setting
- Each unit features 2 bedrooms and 1 bathroom
- Each unit includes a one‑car garage
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 | $24.3k | $13.80 |
| − Vacancy | −$1.2k | −$0.71 |
| EGI | $23.0k | $13.09 |
| − OpEx | −$6.9k | −$3.93 |
| NOI | $16.1k | $9.16 |
1,760 SF · lease $13.80/SF/yr · vacancy 5.13% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$230.4K
$201.6K – $268.8K
NOI $16,129 @ 7.0% cap · market cap 3.30%
Second Best
Apartment 5plus
$211.9K
$185.4K – $247.3K
NOI $14,835 @ 7.0% cap · market cap 3.03%
Theoretical Best
Office A
$568.4K
$497.4K – $663.2K
NOI $39,790 @ 7.0% cap · market cap 8.14%
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, each with a one-car garage and efficient heating.
Where is this duplex located?
The property is located at 38 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: Well‑maintained duplex built in 2020 in an Orrington setting; Each unit features 2 bedrooms and 1 bathroom; Each unit includes a one‑car garage
