1

Orono, ME Multifamily Home for Sale

Section Image
  • /114

    $249,900

    • 4 Baths
    • 4,104 Sq Ft

    7 Forest Ave, Orono, ME 04473

    OPPORTUNITY in the heart of ORONO village and Commercial Zoning for maximum flexibility. Amazing single family home that was originally a multi-family, up/down duplex. Dedicated driveway for each unit. It still is used as a duplex without the center wall, which separated the sides. Bring your vision to this expansive 4,104 sq. ft. property, ideally situated in the heart of it all. Minutes from

    Marianna Reeves ERA Dawson-Bradford Co.

    7 Forest Ave, Orono, ME 04473

Why Live in Orono

Orono, ME, a vibrant college town in Central Maine, is home to the University of Maine and a growing population of around 12,000 people. The town features a historic downtown area with diverse dining and shopping options, including the long-standing Pat's Pizza and the popular Orono Brewing Company. Orono offers a variety of home styles such as Cape Cod, Colonial Revival, ranch-style, and New Englander-inspired residences, with some large homes located near the river. The town's public schools, including Asa C Adams School, Orono Middle School, and Orono High School, are highly rated. Outdoor enthusiasts can enjoy the Stillwater River Trail, Orono Bog boardwalk, and Penobscot Valley Country Club. The town is well-connected via U.S. Route 2, Interstate 95, and the Black Bear Orono Express bus line, with Bangor just 9 miles away and Bangor International Airport 11 miles away. Orono hosts community events like the Summer Concert Series and the Scott Scripture Memorial Community Thanksgiving Dinner. The town has seen a 9% decrease in crime incidents between 2022 and 2023, making it safer than the national average.

Home Trends in Orono, ME

Housing Trends

Median Sale Price
$375,000
Median Single Family Sale Price
$369,000
Median 2 Bedroom Sale Price
$189,500
Average Price Per Sq Ft
$216
Number of Homes for Sale
11
Last 12 months Home Sales
56
Months of Supply
2.40
Median List Price
$369,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
16%
How to Buy a Home How to Finance a Home How to Sell a Home