Well-Maintained Duplex Near
Orrington, ME 04474 Orrington, ME 04474
For Sale
$329,900
MULTI_FAMILY - Cape Cod - Orrington, ME
Property Size1,772 SF
Lot Size1.00 Acre
Price / SF$186.17
Days on Market88
Property Features
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Basement
Patio and Porch features
Porch
Interior features
1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath
Basement
Walk-Out Access, Unfinished, Full
Standard status
Active
Size
1,772 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
2330
Utilities
Sewer type
Private Sewer, Septic Tank
Heating system
Baseboard, Oil, Forced Air, Hot Water(Heating)
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Linoleum
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle, Fiberglass
Architectural style
Cape Cod
Listing Agency:
Realty of Maine
(207) 942-6310
Listed By:
Douglas Damon
(207) 942-6310
Added: May 4
Changed: Jul 28
Last Checked: Jul 30 at 7:06AM
MLS# 1654799
Copyright © 2026 Maine Listings. 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 two-unit property is located approximately 3 miles from the bridge in Orrington, Maine. Situated in a desirable neighborhood, it offers convenient access to both a hospital and a university. The property, zoned for residential use, spans 1772 square feet and is positioned on a 1-acre lot. A garage with storage is included. This property is suitable as a residential income property.
Key Highlights
- Cape Cod home built in 1900 with two units and a well‑maintained interior
- 1st‑floor primary bedroom with bath plus a 1st‑floor bedroom for convenient main‑level living
- Garage with storage and a porch
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 | $24.5k | $13.80 |
| − Vacancy | −$1.3k | −$0.71 |
| EGI | $23.2k | $13.09 |
| − OpEx | −$7.0k | −$3.93 |
| NOI | $16.2k | $9.16 |
1,772 SF · lease $13.80/SF/yr · vacancy 5.13% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$232.0K
$203.0K – $270.7K
NOI $16,239 @ 7.0% cap · market cap 4.92%
Second Best
Apartment 5plus
$213.4K
$186.7K – $248.9K
NOI $14,936 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$572.3K
$500.8K – $667.7K
NOI $40,061 @ 7.0% cap · market cap 12.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property in Orrington, close to amenities and income potential.
Where is this duplex located?
The property is located at Orrington, ME.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Cape Cod home built in 1900 with two units and a well‑maintained interior; 1st‑floor primary bedroom with bath plus a 1st‑floor bedroom for convenient main‑level living; Garage with storage and a porch
