Multifamily

Orono, ME Multifamily Properties for Sale

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Three-Story Duplex with Garage
Updated: Jul 16
Three-Story Duplex with Garage

117 Mill Street, Orono, ME 04473

$539,900
4,560 sqft 0.25 AC lot
4,560‑square‑foot duplex property on a 0.25‑acre lot
Three‑story vacant building with garage and on‑site parking
HDR zoning with public water and public sewer
Updated heating systems and reinforced foundation
Residential units include washer and dryer connections
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Duplex With Off-Street Parking
Updated: Jun 11
Duplex With Off-Street Parking

3 Park Street, Orono, ME 04473

$269,900
1,656 sqft 0.19 AC lot
Two‑unit duplex with one 2‑bedroom unit and one 3‑bedroom unit
1,656 square feet on a 0.19‑acre lot
Built in 1920 with Cape Cod architectural style
Off‑street parking and basement laundry facilities
Public water and public sewer
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Duplex with Off-Street Parking
Duplex with Off-Street Parking

3 Park St, Orono, ME 04473

$269,900
1,656 sqft

Fully occupied property with basement laundry and convenient access to the University of Maine.

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Three-Story Mixed-Use Building
Three-Story Mixed-Use Building

117 Mill Street, Orono, ME 04473

$543,000
4,560 sqft

Vacant property with updated heating, reinforced foundation, garage, parking, and flexible residential, office, or commercial configurations subject to approvals.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 4 Active listings in Orono, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

Mixed-Use Property with Streamfront Access
Mixed-Use Property with Streamfront Access

77 Main Street, Bradley, ME 04411

$549,000
2,704 sqft 1.16 AC lot

Two residential units accompany commercial space, camper hookups, parking, and a garage on a 1.16-acre commercial parcel.

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Mixed-Use Property with Garage
Mixed-Use Property with Garage

77 Main St, Bradley, ME 04411

$549,000
2,704 sqft

Includes rented residential units, commercial space, waterfront camper hookups, parking, and a garage.

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Rehabilitated Duplex with Private Entrances
Rehabilitated Duplex with Private Entrances

916 Main St, Old Town, ME 04468

$279,900
1,500 sqft

Two residential units offer updated kitchens, refreshed bathrooms, and separate entrances near the University of Maine.

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Duplex with New Roof
Duplex with New Roof

21 Bradbury St, Old Town, ME 04468

$285,000
3,404 sqft

Two residential units are leased together under one agreement through May 2027.

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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.

Greenbush Land with Septic System
Greenbush Land with Septic System

638 Greenfield Road, Greenbush, ME 04418

$65,000
2.00 AC lot

Two-acre lot with well, septic, power, and driveway.

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Partially Cleared Lot in Lagrange
Partially Cleared Lot in Lagrange

Country Lane, Lagrange, ME 04453

Contact for pricing
1.73 AC lot

1.73 acre lot suitable for mobile homes, near trails.

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Orono, ME Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in Orono, ME, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 12,432 square feet of properties for sale, with an estimated market value of $1,622,700.

Sale prices for multifamily properties in Orono, ME start at $269,900, averaging $405,675, and reaching up to $543,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 3

Demographics Overview

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

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
04473 $379.3K

Taxes & Financing

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

Listings Trend

New vs delisted commercial listings in Penobscot County

New Delisted

Total CRE Inventory on Market (SF)

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