- 4 beds
- 2 baths
- 1,599 sqft
- ~1 acre lot
- $222 per sqft
- 1960 build
- – on site
Spacious 4-Bed, 2-Bath Home with Bonus Rooms & Income Potential - Just 5 Minutes from UMaine! Orono, Maine | 4 Bed | 2 Bath | 2 Bonus Rooms | 1.42 Acres | 1,599 Sq Ft Located just 5 minutes from the University of Maine in Orono, this spacious and versatile home offers strong investment potential, a flexible layout, and a rare 1.42-acre lot. Whether you're looking to expand your rental portfolio or settle into a well-positioned residence, this property has the features and location to deliver. Property Highlights: 4 Bedrooms & 2 Full Bathrooms: Generous bedroom space ideal for student housing, roommates, or family living. 2 Additional Bonus Rooms: Use as home offices, workout spaces, media rooms, or private study areas — plenty of options to suit your lifestyle or rental setup. 1,599 Sq Ft of Living Space: Functional layout that balances private and communal areas for comfortable everyday use. Large 1.42-Acre Lot: A rare find in-town with room for outdoor living, privacy, or possible future improvements. Established Rental Use: Currently utilized as a rental property for UMaine students, offering excellent income potential for investors or owner-occupiers. Prime Location: Close to campus, downtown Orono, restaurants, and Route 2 — easy access for students, faculty, and professionals alike. Investment & Lifestyle Options: Maintain as a reliable college rental with strong demand Live-in owner setup with space for roommates or family Whether you're seeking steady rental income or a flexible home base in a thriving university town, this Orono property delivers both opportunity and value. Schedule your showing today and see the potential for yourself!
Last checked:
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Checking…
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Last updated Jul 21, 2025
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MLS# 1631188 —
The Building
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Year Built:1960
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Construction Materials:Other, Clapboard, Wood Frame
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Roof:Shingle
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Basement:Interior, Full, Unfinished
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Direction Faces:None
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Building Features:None
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Building Area Total:1599.0
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Building Area Source:Public Records
Interior
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Rooms Total:8
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Kitchen:true
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Fireplace:false
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Fireplace Features:None
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Flooring:Other, Laminate, Carpet
Room Dimensions
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Living Area:None
Financial & Terms
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Land Lease:false
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Rent Includes:None
Location
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Directions:None
The Property
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Lot Features:Open, Intown, Near Turnpike/Interstate
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Lot Size:61,855 Sqft
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Lot Size Area:1.42
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Lot Size Acres:1.42
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Lot Size Units:Acres
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Lot Size Source:Public Records
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Lot Size Dimensions:None
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Zoning:Residential
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Property Attached:No
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Current Use:None
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Possible Use:None
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Topography:None
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (207) 812-8131
- Office phone:
- (207) 942-6711
Taxes
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Tax Year:2024
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Tax Annual Amount:$4,998
Beds
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Bedrooms Total:4
Baths
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Full Baths:2
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Three Quarter Baths:None
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Partial Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
Heating & Cooling
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Heating:Forced Air
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Heating:true
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Cooling:false
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Cooling:None
Utilities
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Electric:Circuit Breakers
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Sewer:Private Sewer
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Water Source:Public
Appliances
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Appliances:Washer, Refrigerator, Microwave, Gas Range, Dishwasher
Schools
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Elementary School:None
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Middle Or Junior School:None
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High School:None
The Community
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Spa Features:None
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Pool Private:No
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Association Amenities:None
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Association Fee Includes:None
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Association:false
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:1.0
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Carport Spaces:None
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Parking Features:1 - 4 Spaces, Gravel, On Site, Detached
Monthly cost estimate

Asking price
$355,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,900
|
Taxes | $416 |
Insurance | $97 |
Utilities | $461 See report |
Total | $2,874/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/20/25
Jul 20, 2025
|
Relisted | MREIS | $355,000 | |
4/2/24
Apr 2, 2024
|
Pending | MREIS | ||
4/1/24
Apr 1, 2024
|
Sold | MREIS |