3 School Street, Orono, ME 04473
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Property image
OFF MARKET

3 School Street
Orono, ME 04473

  • 3 Beds
  • 1 Bath
  • 1,424 sqft

$194,300

Trulia Estimate
as of Jul 16, 2026

$194,300

Trulia Estimate
as of Jul 16, 2026
3 Beds
1 Bath
1,424 sqft

Local Information

  • Map ViewExplore the area around 3 School Street.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination
Last check for updates: about 4 hours ago
Listed by EXP Realty
Bought with: EXP Realty
Source: Maine Listings, MLS#1579221

Description

This single-family home has a rich history of serving as a successful rental property for the past decade and offers a unique opportunity for savvy investors to expand their portfolio or for those seeking a delightful home minutes away from the University of Maine Orono campus. With a solid rental history and reliable tenants in place, this property has consistently generated income over the past 10 years. The current lease agreement extends until summer 2024, providing an immediate revenue stream for the new owner. Whether you're an investor looking to add a reliable income-generating property to your portfolio or a homeowner searching for a new residence, this property caters to both needs. The lease agreement is flexible, allowing for termination upon sale, providing you with the option to make this home your own. Situated just minutes from the University of Maine Orono campus, this property is an ideal choice for anyone looking to enjoy the vibrant university atmosphere. Additionally, it's within walking distance to ''downtown'' Orono, offering convenience to local restaurants and night life. Quick access to i95 ensures easy commuting to neighboring areas. Beyond its current use as a rental property, the potential for future appreciation and continued rental income could make this residence a smart investment choice in the Orono real estate market.
3 School Street, Orono, ME 04473 is a 3 bedroom, 1 bathroom, 1,424 sqft single-family home built in 1900. It last sold for $140,000 on Jan 2, 2024 (13% below the $160,000 asking price). More recently, it was listed as a rental in July 2024 with an asking price of $1,695 per month. That rental listing was removed on August 7, 2024. It is currently off market. The Trulia Estimate is $194,300, with a rent estimate of $1,792/month.

Home Highlights

Parking
No Info
Outdoor
Porch, Deck
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 3 School Street

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Bulkhead,Interior Entry,FullNumber of Rooms: 6Types of Rooms: Bedroom 1, Bedroom 2, Bedroom 3, Kitchen, Living Room, Sunroom
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1424 Square Feet
Appliances & Utilities
Utilities: Utilities OnAppliances: Dryer, Electric Range, Refrigerator, WasherDryerRefrigeratorWasher
Heating & Cooling
Heating: Baseboard,Hot WaterNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Carpet, Laminate, Vinyl
Levels, Entrance, & Accessibility
Levels: Multi/SplitFloors: Carpet, Laminate, Vinyl

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Deck, PorchNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Gravel,1 - 4 Spaces
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1424 Square Feet

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Other
Building
Construction Materials: Wood Frame, Vinyl Siding

Price & Status

Price
List Price: $160,000
Status Change & Dates
Off Market Date: Mon Dec 18 2023

Location

Direction & Address
City: Orono

Building

Building Area
Building Area: 1424 Square Feet

Lot Information

Lot Area: 3920.4 sqft

Miscellaneous

BasementMls Number: 1579221Above Grade Unfinished Area: 1424

Price History for 3 School Street

DatePriceEventSource
08/07/2024ListingRemovedZillow Rentals
07/30/2024$1,695Listed For RentZillow Rentals
01/02/2024$140,000Sold
Maine Listings #1579221
12/19/2023$160,000PendingMaine Listings #1579221
12/15/2023$160,000Listed For SaleMaine Listings #1579221
08/08/2019$1,400ListingRemovedAgent Provided
05/09/2019$1,400Listed For RentAgent Provided

Market trends in Orono

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
16
1MoM
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Property Tax and Assessment

Year2024
Tax$3,277
Assessment$153,500
Home facts updated by county records

Comparable Sales for 3 School Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
27 Water Street, Orono, ME
0.06
Single-Family Home
$174,500
06/26/26
2
1
734
6 Pleasant Street, Orono, ME
0.18
Single-Family Home
$200,000
10/15/25
4
2
1,660
64 Penobscot Street, Orono, ME
0.58
Single-Family Home
$270,000
06/16/26
4
2
1,788
828 Main Street, Bradley, ME
0.57
Single-Family Home
$245,000
11/14/25
4
1
1,452
23 Forest Avenue, Orono, ME
0.43
Single-Family Home
$258,000
09/26/25
4
3
2,008
77 Bennoch Road, Orono, ME
0.64
Single-Family Home
$320,000
11/07/25
3
1.5
1,470

Nearby homes

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Assigned Schools

These are the assigned schools for 3 School Street.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Orono

At least 21 Trulia users voted on each feature.

  • 89 % Say it's dog friendly

  • 80 % Say there are sidewalks

  • 74 % Say it's walkable to restaurants

  • 73 % Say kids play outside

  • 73 % Say people would walk alone at night

  • 72 % Say parking is easy

  • 71 % Say there's holiday spirit

  • 70 % Say there's wildlife

  • 69 % Say car is needed

  • 63 % Say yards are well-kept

  • 57 % Say it's quiet

  • 55 % Say streets are well-lit

  • 50 % Say there are community events

  • 47 % Say neighbors are friendly

  • 26 % Say they plan to stay for at least 5 years

  • 25 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Makenzie P.
    "College town fun people around cute restaurants stores are convient and lots of things in walking distance if you don’t have a car. Close to Bangor and umo and husson university "
    2
    Flag
  • Katherine H.
    "Sense of community but also a college party town to some degree. It’s very sweet though. Lots of family owned shops and restaurants "
    0
    Flag
  • Katherine H.
    "Events at the Collins center for the arts are open to the public and they often have pretty good events lined up on their website"
    2
    Flag
  • Nicholas F.
    "It’s just feel welcoming and mostly exciting! The university gives it a lot of energy. A lot of great food too. I feel like I don’t even have to lock my doors at night. "
    1
    Flag
  • Paul M
    "The Orono High School was rated 9th in the State of Maine by US News & Word Report. Orono is also home to the University of Maine which is a terrific resource for the towns people including their New Balance athletic facility. There is nothing like having access to all a College town has to offer. "
    0
    Flag
  • Tony M.
    "Dog walking is frequently seen! Not a problem in this area. Incredible nature walk trail connects to Cromwell Dr that is amazing with pets."
    0
    Flag
  • Jeff H.
    "Great walkable town. Very safe community; small kids walk to school and play freely throughout the small town. All the wonderful amenities and benefits of a college town."
    0
    Flag
  • Kimberly C.
    "During the school year traffic is extremely heavy in the morning and the afternoon, especially around 5 o’clock"
    0
    Flag
  • Tonya p.
    "I’m not sure, I don’t own any dogs. There are a lot of dogs in my neighborhood however. There are no dog parks in Orono."
    1
    Flag
  • Kristina M.
    "I’ve gone to school here and I love the safeness and community feel of the town. Everyone smiles and is so nice "
    0
    Flag
  • Kagdis
    "Orono is a college town. It is easily accessible to Interstae 95, malls,shopping,hospitals, good schools, university"
    0
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

6 pet-friendly rentals in Orono, ME

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11 rentals with a washer/dryer in Orono, ME

Homes for sale near 3 School Street

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Off Market Homes Near 3 School Street

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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. © 2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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