$277,000

3 Park St Orono, ME 04473

Estimated payment $1,801/month

Total Views 2,421
-- Bed
2 Baths
1,656 Sq Ft
$167 Price per Sq Ft

Highlights

  • Popular Property
  • View of Trees or Woods
  • Main Floor Bedroom
  • Orono Middle School Rated A-
  • Cape Cod Architecture
  • No HOA

About This Home

Located in the heart of downtown Orono, this spacious duplex presents an outstanding investment opportunity with strong rental history and consistent occupancy. The property features one 2-bedroom unit and one generously sized 3-bedroom unit. Ideally situated just minutes from University of Maine, the property offers convenient access to campus, local restaurants, shopping, and all downtown amenities. Additional highlights include ample off-street parking, basement laundry facilities, and a fully occupied status, making this a turnkey investment.

Listing Agent

Daniel Burpee

Two Rivers Realty, LLC Brokerage Email: tworiversdanb@gmail.com Listed on: 05/13/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,676

Year Built

  • Built in 1920

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Cape Cod Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,656 Sq Ft Home
  • 2-Story Property
  • Views of Woods
  • Washer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Shower Only

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 112
  • Assessor Parcel Number ORON-019004-000000-000112

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $19,061
  • Gross Income $31,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,676

Year Built

Built in 1920

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Road Surface Type: Paved
  • MLS Status: Active
  • Directions: Take I95 to exit 191 (Kelly Road) in Orono, take a left onto Main St. (Route 2), continue to # 3 Park Street on your right at traffic light. Sign is up.
  • Above Grade Finished Sq Ft: 1656.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 1920
  • Attribution Contact: tworiversdanb@gmail.com
  • Contract Information:List PriceSqFt: 167.27
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Interior Entry, Walk-Out Access, Full, Sump Pump, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Shower
  • Stories: 2

Exterior Features

  • Lot Features: Intown, Level, Sidewalks
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Frame, Vinyl Siding
  • Foundation Details: Poured Concrete
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, 5 - 10 Spaces, On Site, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 26

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.4
  • Parcel #: ORON-019004-000000-000112
  • Zoning: MDR

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 31500.0
  • Annual Operating Expense: 19061.0

Tax Info

  • Tax Annual Amount: 3676.0
  • Tax Lot: 112
  • Tax Year: 2026

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,676 $184,700 $32,800 $151,900
2024 $3,615 $169,300 $30,000 $139,300
2023 $3,601 $153,900 $27,300 $126,600
2022 $3,663 $153,900 $27,300 $126,600
2021 $3,655 $153,900 $27,300 $126,600
2020 $3,537 $125,900 $30,800 $95,100
2019 $3,330 $125,900 $30,800 $95,100
2018 $3,399 $125,900 $30,800 $95,100
2017 $3,273 $125,900 $30,800 $95,100
2016 $3,129 $125,900 $30,800 $95,100
2015 $2,364 $96,900 $30,800 $66,100
2014 $2,311 $96,900 $30,800 $66,100
2013 $2,248 $96,900 $30,800 $66,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2026 05/13/26 For Sale $277,000 +121.6% $167 / Sq Ft
08/15/2016 08/15/16 Sold $125,000 0.0% $75 / Sq Ft View Prior Sale
06/12/2016 06/12/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $125,000 -- $75 / Sq Ft
Source: Maine Listings

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $93,750 Purchase Money Mortgage
Source: Public Records

Source: Maine Listings

MLS Number: 1662057

Maine Listings

APN: ORON-019004-000000-000112

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