Estimated payment $2,308/month
Highlights
- Nearby Water Access
- Colonial Architecture
- Wooded Lot
- Orono Middle School Rated A
- Property is near public transit
- Wood Flooring
About This Home
OPPORTUNITY in the heart of ORONO village, zoned Commercial for maximu m flexibility. Amazing multi-family business or investment opportunity. Bring your vision to this expansive 4,104 sq. ft. duplex, ideally located in the heart of the town.
Minutes from the University of Maine flagship campus. Each up/down unit provides 2,052 sq. ft. of living space with a complete kitchen, family room, den, and 3 bedrooms. The left side offers a full bath plus two half baths, while the right side includes a full bath upstairs. With versatile layouts, this property is well-suited for a range of uses—maximize income as a student rental, a business venture, or transform it back into a massive single-family residence, you have options.
Storage and functionality are standout features. A large multi-story barn, with a workshop area, and a spacious attic provide endless options for expansion, hobbies, or additional finished living area.
The home sits on a .33-acre lot in one of Orono's most prime locations. Residents and tenants will enjoy the ability to walk straight through to municipal offices, restaurants, pubs, Pat's Pizza, shops, running trails along the river, and all that downtown Orono has to offer.
The property does need renovation and TLC, but that means it's truly a blank slate with enormous potential. Opportunities in this location are rare—don't miss your chance to reimagine and create something special in one of Orono's most desirable settings.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,421
Year Built
- Built in 1830
Lot Details
- 0.33 Acre Lot
- Level Lot
- Open Lot
- Wooded Lot
Parking
- Gravel Driveway
Home Design
- Colonial Architecture
- Wood Frame Construction
- Metal Roof
- Vinyl Siding
Interior Spaces
- 4,104 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Carpet
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Brick Basement
- Interior Basement Entry
Outdoor Features
- Nearby Water Access
- River Nearby
Location
- Property is near public transit
- City Lot
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
Listing and Financial Details
- Tax Lot 23
- Assessor Parcel Number ORON-027002-000000-000023
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $1
- Gross Income $1
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $5,955 | $278,900 | $34,000 | $244,900 |
| 2023 | $5,932 | $253,500 | $30,900 | $222,600 |
| 2022 | $6,033 | $253,500 | $30,900 | $222,600 |
| 2021 | $6,021 | $253,500 | $30,900 | $222,600 |
| 2020 | $4,449 | $158,400 | $45,000 | $113,400 |
| 2019 | $4,190 | $158,400 | $45,000 | $113,400 |
| 2018 | $4,277 | $158,400 | $45,000 | $113,400 |
| 2017 | $4,118 | $158,400 | $45,000 | $113,400 |
| 2016 | $3,936 | $158,400 | $45,000 | $113,400 |
| 2015 | $3,865 | $158,400 | $45,000 | $113,400 |
| 2014 | $3,778 | $158,400 | $45,000 | $113,400 |
| 2013 | $3,675 | $158,400 | $45,000 | $113,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/26/2025 09/26/25 | For Sale | $350,000 | -- | $85 / Sq Ft |
Source: Maine Listings
MLS Number: 1639031
APN: ORON-027002-000000-000023
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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