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    Orono, ME
    Residential Income

    Orono, ME Residential Income Properties for Sale

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    Alton, ME Old Town, ME Bradley, ME Milford, ME Eddington, ME Veazie, ME Clifton, ME Bangor, ME
    Three-Story Mixed-Use Property
    Updated: Jul 16
    Three-Story Mixed-Use Property

    117 Mill Street, Orono, ME 04473

    $539,900
    4,560 sqft 0.25 AC lot
    4,560‑square‑foot vacant mixed‑use building on 0.25 acres
    Three‑story property originally built in 1910
    Updated heating systems and reinforced foundation
    Garage and on‑site parking included
    Residential units have washer and dryer connections; one unit is furnished
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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
    Duplex With Off-Street Parking

    3 Park Street, Orono, ME 04473

    $269,900
    1,656 sqft 0.19 AC lot

    Two residential units provide a 2-bedroom layout and a 3-bedroom layout near downtown amenities.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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 13 Potential Opportunities for your consideration. Besides 5 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.

    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.

    Orono Development Site Opportunity
    Orono Development Site Opportunity

    00 Park Street, Orono, ME 04773

    $750,000
    4.60 AC lot

    4.6-acre development site near the University of Maine.

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    Clifton Buildable Lot with Utilities
    Clifton Buildable Lot with Utilities

    94 Rebel Hill Road, Clifton, ME 04428

    $55,000
    265,716 sqft 6.10 AC lot

    6.1 acre build-ready lot with existing well and septic.

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    Residential Land in Orrington, Maine
    Residential Land in Orrington, Maine

    Stonewall Drive lot: 4 00, Orrington, ME 04474

    $95,000
    2.93 AC lot

    Residential land parcel awaiting town approval in Orrington, Maine.

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    Residential Land in Orrington, Maine
    Residential Land in Orrington, Maine

    Stonewall Drive lot: 3 00, Orrington, ME 04474

    $95,000
    2.00 AC lot

    Two-acre residential land parcel awaiting town approval in Orrington.

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    Orono, ME Residential Income Properties Market Trends and Statistics

    Explore 5 residential income properties for sale in Orono, ME, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 16,992 square feet of properties for sale, with an estimated market value of $2,162,600.

    Sale prices for residential income properties in Orono, ME start at $269,900, averaging $432,520, 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

    Multifamily properties 4
    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 $402.7K

    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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