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Orono, ME Multifamily Properties for Sale

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Income-Producing Multifamily Near University of Maine
$525,000
0.58 Acres

Income-Producing Multifamily Near University of Maine

117 Park St, Orono, ME 04473

Two properties, six units, generating strong income near University.

  • Income‑producing package generating $63,600 gross annual income with upside potential.
  • Prime location one mile from the University of Maine in a high‑demand rental market.
  • Two well‑maintained properties (2‑unit duplex and single‑family home) fully leased.
  • Extensive capital improvements including new roofs, boilers, electrical systems, and appliances.
  • Commercial 11:11 zoning allows for up to five unrelated occupants per unit, creating potential for 15+ tenants.
Updated: Feb 19
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Orono Duplex with Commercial Zoning
$249,900
4,104 SF

Orono Duplex with Commercial Zoning

7 Forest Ave, Orono, ME 04473

Spacious duplex in Orono's heart, zoned commercial, near University of Maine.

  • Prime commercial zoning in the heart of Orono village offers maximum flexibility.
  • Located minutes from the University of Maine flagship campus, ideal for student rentals.
  • Expansive 4,104 sq. ft. duplex with two units, each featuring 2,052 sq. ft. of living space.
  • Large multi‑story barn with workshop area and spacious attic provides endless options.
  • Desirable location allows residents to walk to municipal offices, restaurants, shops, and running trails.
Updated: Feb 16
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Orono, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Bangor Duplex with Updates
$285,000
1,505 SF

Bangor Duplex with Updates

Two-unit property in Bangor, Maine, with recent updates.

178-180 Birch St, Bangor, ME 04401
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Bangor Mixed-Use Investment Opportunity
$250,000
3,010 SF

Bangor Mixed-Use Investment Opportunity

State Street mixed-use building with retail and residential potential.

163 State Street Ave, Bangor, ME 04401
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Mixed-Use Property in Brewer, Maine
$375,000
0.15 Acres

Mixed-Use Property in Brewer, Maine

Multifamily property with commercial space, ideal for investors.

99 State St, Brewer, ME 04412
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Updated Duplex in Convenient Location
$299,000
0.08 Acres

Updated Duplex in Convenient Location

Updated two-unit property in Brewer, ideal for investors or homeowners.

192 Wilson St, Brewer, ME 04412
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Orono, ME Multifamily Properties Investment Opportunities Market Analysis

Explore 2 multifamily properties for sale in Orono, ME on our real estate platform. These investment opportunities span a total of 39,640 square feet of properties for sale, with an estimated market value of $774,900.

Sale prices for multifamily properties in Orono, ME start at $249,900, averaging $387,450, and reaching up to $525,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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