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Cape Cod Duplex with Garage Storage
For Sale
$329,900

Orrington, ME 04474, Orrington, ME 04474

MULTI_FAMILY - Cape Cod - Orrington, ME

Property Size1,772 SF
Lot Size1.00 Acre
Price / SF$186.17
Days on Market95

Property Features

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 2, Bathroom 1
Patio and Porch features Porch
Interior features 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath
Basement Walk-Out Access, Full, Unfinished
Lot features Open, Level, Rural
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 Oil, Baseboard, Hot Water(Heating), Forced Air
Water source Public

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Flooring type Linoleum, Vinyl
Building materials Wood Frame, Vinyl Siding
Roof type Shingle, Fiberglass
Architectural style Cape Cod
Listing Agency: Realty of Maine
Listed By: Douglas Damon
Added: May 4 Changed: Aug 1 Last Checked: Aug 6 at 8:06AM
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 Cape Cod duplex offers two units and a practical layout with first-floor bedroom and first-floor primary bedroom with bath. Interior finishes include linoleum and vinyl flooring, with heating provided by oil, baseboard, forced air, and hot water systems. The home includes a porch and a garage with storage, along with a basement and two bathrooms. Built in 1900, the property is constructed with wood frame and vinyl siding, with a shingle and fiberglass roof.

The duplex is located in Orrington, ME, about 3 miles from the bridge, and is described as close to a hospital and a university. Utilities include public water, with private sewer through a septic tank system.

With its established two-unit configuration, the property is positioned as an income-producing option in a residential setting under Residential zoning.

Key Highlights

  • Two‑unit duplex with first‑floor bedroom and first‑floor primary bedroom with bath
  • 1 acre lot with 1,772 SF property size
  • Garage with storage plus 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 (±1% cap)
NOI $16,239 @ 7.0% cap · market cap 4.92%
Second Best
Apartment 5plus
$213.4K
$186.7K – $248.9K (±1% cap)
NOI $14,936 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$572.3K
$500.8K – $667.7K (±1% cap)
NOI $40,061 @ 7.0% cap · market cap 12.14%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

25
Businesses Nearby

Demographics for 04474, ME

3,812
Population
1,739
Households
2.2
Avg Household Size
47
Median Age
40%
College-Educated
98%
High-School Grad
25.0 sq mi
ZIP Area
152
Density / Sq Mi
$92,583
Median Household Income
$53,571
Median Earnings
$1,072
Median Rent
$239,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit Cape Cod duplex with first-floor bedrooms, porch, and garage with storage, served by public water and septic.
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: Two‑unit duplex with first‑floor bedroom and first‑floor primary bedroom with bath; 1 acre lot with 1,772 SF property size; Garage with storage plus porch
More about this property
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