Well-Maintained Duplex with
Orrington, ME 04474 Orrington, ME 04474
Orrington, ME, 04474
$489,000
For Sale
$489,000
COMMERCIAL - Orrington, ME
Property Size2,048 SF
Price / SF$238.77
Days on Market221
Property Features
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- 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 12, 2025 Updated: Jul 20 at 4:09PM Checked: Jul 21 at 5:06PM
MLS# 1646481
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 two separate units, each featuring two bedrooms and one bathroom, along with a one-car garage and efficient heating. The property sits on a nicely sized lot and is part of a well-planned subdivision.
Access to 5.85 acres of common area is included, providing additional outdoor space for residents. The setting is described as peaceful while also offering convenient access to shopping, the airport, and outdoor recreation.
The duplex configuration and maintained condition support its continued use as a residential income property.
Access to 5.85 acres of common area is included, providing additional outdoor space for residents. The setting is described as peaceful while also offering convenient access to shopping, the airport, and outdoor recreation.
The duplex configuration and maintained condition support its continued use as a residential income property.
Key Highlights
- Duplex built in 2022 in a peaceful Orrington setting
- Each unit offers 2 bedrooms, 1 bath, and a one‑car garage
- Efficient heating in both 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 | $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 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 - Two-unit duplex with 2 bedrooms, 1 bath per side, each with a one-car garage and efficient heating.
Where is this duplex located?
The property is located at 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 a peaceful Orrington setting; Each unit offers 2 bedrooms, 1 bath, and a one‑car garage; Efficient heating in both units
