Updated Triplex with In-Unit
For Sale
$325,000
22 Penobscot Street, Orono, ME 04473
Multi-Family, Orono, ME
Property Size3,676 SF
Lot Size0.22 Acres
Price / SF$88.41
Days on Market48
Property Features for 22 Penobscot Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bathroom 1
Parking features
Open
Interior features
1st Floor Bedroom, Attic, Bathtub, One-Floor Living, Shower, Storage
Basement
Partial, Unfinished, Crawl Space
Lot features
Open, Level, Sidewalks, Near Shopping, Near Turnpike/ Interstate, Near Town, Neighborhood, Near Public Transit
Standard status
Active
Size
3,676 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5175
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas, Propane (Heating), Forced Air, Zoned, Kerosene, Baseboard
Water source
Public
Water front features
Stream
Amenities
in-unit laundry
Building Details
Year built
1836
Floors in Building
2
Number of units
3
Flooring type
Wood, Vinyl, Painted/stained, Carpet
Building materials
Wood Frame, Metal Clad
Roof type
Shingle
Architectural style
Colonial
Additional Structures
Storage
Listing Agency:
ERA Dawson-Bradford Co. · ERA Real Estate
(207) 947-6788
Listed By:
Katherine Dawson
(207) 951-5539
Added: Jul 13
Changed: Aug 19
Last Checked: Aug 29 at 4:06PM
MLS# 1671578
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 Colonial triplex contains 3,676 square feet across three residential units, including two two-bedroom apartments and one one-bedroom apartment. Each unit has private in-unit laundry, while the property also offers storage, open parking, public water, and public sewer. Recent capital improvements include a replacement heating and hot-water boiler installed in 2024, a roof replacement completed in 2016, updated plumbing, new toilets, and a new sewer line.
Built in 1836 on 0.22 acres at 22 Penobscot Street, the property has water views of the Penobscot River and sits minutes from the bus line, Webster Park, and the University of Maine. Wood-frame construction, metal-clad exterior elements, shingle roofing, and a combination of wood, vinyl, painted or stained, and carpet flooring complete the physical profile.
Built in 1836 on 0.22 acres at 22 Penobscot Street, the property has water views of the Penobscot River and sits minutes from the bus line, Webster Park, and the University of Maine. Wood-frame construction, metal-clad exterior elements, shingle roofing, and a combination of wood, vinyl, painted or stained, and carpet flooring complete the physical profile.
Key Highlights
- Three‑unit property with two 2‑bedroom units and one 1‑bedroom unit
- Private in‑unit laundry in all 3 apartments
- New heating and hot‑water boiler installed in 2024
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
Explore this area
Business Placement
Demographics for 04473, ME
8,070
Population
3,759
Households
2.1
Avg Household Size
28
Median Age
64%
College-Educated
98%
High-School Grad
17.3 sq mi
ZIP Area
466
Density / Sq Mi
$58,893
Median Household Income
$27,016
Median Earnings
$1,146
Median Rent
$217,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units feature separate laundry and a flexible mix of two-bedroom and one-bedroom layouts.
Where is this triplex located?
The property is located at 22 Penobscot Street Orono, ME.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Three‑unit property with two 2‑bedroom units and one 1‑bedroom unit; Private in‑unit laundry in all 3 apartments; New heating and hot‑water boiler installed in 2024
