Orono, ME
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    Orono, ME Multifamily Properties for Sale

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    Old Town, ME Bradley, ME Bangor, ME
    Orono Duplex with Commercial Zoning
    $249,900
    4,104 SF

    Orono Duplex with Commercial Zoning

    7 Forest Avenue, Orono, ME 04473

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

    • Prime commercial zoning in the heart of Orono village offers maximum flexibility.
    • Minutes from the University of Maine flagship campus, ideal for student rentals.
    • Expansive 4,104 sq. ft. duplex with two 2,052 sq. ft. units, each featuring a full kitchen, family room, den, and 3 bedrooms.
    • Large multi‑story barn with workshop area and spacious attic provides endless options.
    • Prime Orono location with easy walking access to municipal offices, restaurants, shops, and river trails.
    Updated: Feb 16
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    Orono Duplex Near University of Maine
    $277,000
    1,656 SF

    Orono Duplex Near University of Maine

    3 Park Street, Orono, ME 04473

    Spacious duplex in downtown Orono, near University of Maine.

    • Strong rental history and consistent occupancy, providing immediate income.
    • Turnkey investment opportunity with fully occupied units.
    • Prime downtown Orono location, minutes from the University of Maine.
    • Spacious units: one 2‑bedroom and one generously sized 3‑bedroom.
    • Ample off‑street parking.
    Updated: May 13
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Orono, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Well-Maintained Two-Unit Property
    $339,900
    2,640 SF

    Well-Maintained Two-Unit Property

    Two-unit property in a sought-after neighborhood with strong income potential.

    8-10 Linden Street, Bangor, ME 04401
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    Old Town Duplex: Income Opportunity
    $339,900
    0.37 Acres

    Old Town Duplex: Income Opportunity

    Well-maintained duplex near University of Maine, ideal for investors.

    28 Abbott Street, Old Town, ME 04468
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    Rehabbed Duplex Near University of Maine
    $315,000
    1,500 SF

    Rehabbed Duplex Near University of Maine

    Fully renovated duplex near University of Maine, ideal for investors.

    916 Main Street, Old Town, ME 04468
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    Bangor Duplex Near Universities
    $350,000
    1,628 SF

    Bangor Duplex Near Universities

    Well-maintained 2-unit property near Husson University and hospitals.

    15 Grant Street, Bangor, ME 04401
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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Palermo Land on Route 3
    $79,900
    6.20 Acres

    Palermo Land on Route 3

    6.2 acre parcel with road frontage and development potential.

    2680 Route 3, Palermo, ME 04354
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    RV-Ready Land with Bay Access
    $145,000
    28,314.00 Acres

    RV-Ready Land with Bay Access

    Land with utilities, garage, and deeded access to Englishman Bay.

    57 Englishman Bay Road, Jonesport, ME 04649
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    Augusta Buildable Lot For Sale
    $49,900
    0.36 Acres

    Augusta Buildable Lot For Sale

    0.36 acre lot with public utilities, mobile homes allowed.

    214 Mount Vernon Avenue, Augusta, ME 04330
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    Augusta Land For Sale
    $99,000
    14.63 Acres

    Augusta Land For Sale

    14.63 acre lot in Augusta's Rural Village Zoning.

    Map 15 Lot 6C Spring Road, Augusta, ME 04330
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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 5,760 square feet of properties for sale, with an estimated market value of $526,900.

    Sale prices for multifamily properties in Orono, ME start at $249,900, averaging $263,450, and reaching up to $277,000 — 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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    6-Month New Listing Trend

    Monthly new listing volume vs. 6-month average in Orono.

    Top Commercial Asset Segments

    Duplexes 2

    Demographics Overview

    Population 12K
    Population Growth (5Y) +2.9%
    Median Household Income $58,893

    High-Yield Neighborhoods for Strategic Investment

    Identify Orono submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    04473 $249.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.34%
    Property Tax per SF $41.89 per sq ft
    Average Loan-to-Value 65.0%

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