Rented Duplex
Orrington, ME 04474 Orrington, ME 04474
Orrington, ME, 04474
$1,399,000
For Sale
$1,399,000
MULTI_FAMILY - Orrington, ME
Property Size5,600 SF
Price / SF$249.82
Days on Market223
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Attached
- Bathrooms
- 6
- Standard status
- Active
- Size
- 5,600 SF
Building Details
- Year built
- 2020
Listing agency
Ellsworth, Maine
(207) 667-7423
Listed by
Stacy White
(207) 812-7911
Added: Dec 10, 2025 Updated: Jul 20 at 4:09PM Checked: Jul 21 at 2:06PM
MLS# 1646171
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 for-sale portfolio includes three duplexes with all units described as fully rented. Each unit offers 2 bedrooms and 1 bathroom, along with efficient heating. The property sits on a generous lot and includes garages for four of the six units, with storage sheds provided for the remaining two units.
The duplexes are located in Orrington, Maine, within a thoughtfully designed subdivision. In addition to the individual structures, the ownership conveys a 5.85-acre common area, described as providing additional outdoor space.
Overall, the asset is presented as an investor-focused residential income package with an established rental history and consistent unit layout across the portfolio.
The duplexes are located in Orrington, Maine, within a thoughtfully designed subdivision. In addition to the individual structures, the ownership conveys a 5.85-acre common area, described as providing additional outdoor space.
Overall, the asset is presented as an investor-focused residential income package with an established rental history and consistent unit layout across the portfolio.
Key Highlights
- Built in 2020, featuring three fully rented duplexes in a quiet Orrington neighborhood
- Six total units with consistent layout: each unit has 2 bedrooms and 1 bath
- Efficient heating throughout the units
Local 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 | $77.3k | $13.80 |
| − Vacancy | −$4.0k | −$0.71 |
| EGI | $73.3k | $13.09 |
| − OpEx | −$22.0k | −$3.93 |
| NOI | $51.3k | $9.16 |
5,600 SF · lease $13.80/SF/yr · vacancy 5.13% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$733.2K
$641.5K – $855.4K
NOI $51,321 @ 7.0% cap · market cap 3.67%
Second Best
Apartment 5plus
$674.3K
$590.0K – $786.7K
NOI $47,202 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$1.81M
$1.58M – $2.11M
NOI $126,605 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Portfolio of three duplexes with two-bedroom, one-bath units and on-site garages and storage across a shared common area.
Where is this duplex located?
The property is located at Orrington, ME.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Built in 2020, featuring three fully rented duplexes in a quiet Orrington neighborhood; Six total units with consistent layout: each unit has 2 bedrooms and 1 bath; Efficient heating throughout the units
