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$277,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 3 Park St
General
- Price: $277,000
- Taxes: $3,676 (2026)
- Status: Active
- Type: Multi-Family
- Source: MREIS
- MLS ID: 1662057
- Updated: Today (5/13/2026)
- Added to Site: Today
Interior
- Interior Features: 1st Floor Bedroom, Shower
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Other Rooms
- Laundry: Washer Hookup
Additional Information
- Equipment: Internet Access Available, Cable
Parking
- Parking Features: Gravel, 5 - 10 Spaces, Off Street, On-Site Parking
Location
- County: Penobscot
Heating & Cooling
- Cooling Type: None
- Heating Type: Oil, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Utilities On
Structural Information
- Architectural Style: Cape Cod
- Structure Type: Duplex
- Construction: Wood Frame, Vinyl Siding
- Roof: Shingle
- Stories/Levels: 2
- Building Size: 1656
- Square Feet: 1,656
- Living Area: 1,656 Sq. Ft.
- Finished Total: 1,656 Sq. Ft.
- Finished Above Grnd: 1,656 Sq. Ft.
- Year Built: 1920
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276.4
- Lot Size Source: Public Records
- Zoning: MDR
- Lot Description: Level, Sidewalks, Intown
Financial Considerations
- Tax Amount: $3,676
- Tax Year: 2026
Disclosures and Reports
- Lot Number: 112
Listed by Two Rivers Realty, LLC (207) 469-9930
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Schools
Schools serving 3 Park St
School District:Regional School Unit 26
| Name | Grades | Distance |
|---|---|---|
Asa C Adams School 6 Goodridge Drive, Orono, ME 04473 | PK-5 | 0.5 mi |
Orono Middle School 10 Goodridge Drive, Orono, ME 04473 | 6-8 | 0.4 mi |
Orono High School 14 Goodridge Drive, Orono, ME 04473 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3 Park St
Date
Details
Price
Change
Source
5/13/2026
Listed
$277,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3 Park St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,676
2%
$184,700
9%
2024
$3,615
—
$169,300
10%
2023
$3,601
-2%
$153,900
—
2022
$3,663
—
$153,900
—
2021
$3,655
3%
$153,900
22%
2020
$3,537
6%
$125,900
—
2019
$3,330
-2%
$125,900
—
2018
$3,399
4%
$125,900
—
2017
$3,273
5%
$125,900
—
2016
$3,129
32%
$125,900
30%
2015
$2,364
2%
$96,900
—
2014
$2,311
3%
$96,900
—
2013
$2,248
—
$96,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3 Park St
3 Park Street, Orono, ME 04473 (MLS# 1662057) is a Multi-Family property with 2 units containing 0 bedrooms and 2 full bathrooms. 3 Park Street is currently listed for $277,000 and was received on May 13, 2026. Want to learn more about 3 Park Street? Do you have questions about finding other Multi-Family real estate for sale in Orono? You can browse all Orono real estate or contact a Coldwell Banker agent to request more information.

