56 Park Street, Orono, ME 04473
OFF MARKET

56 Park Street
Orono, ME 04473

  • 8 Beds
  • 3 Baths
  • 2,436 sqft

$442,400

Trulia Estimate
as of May 25, 2026
Est. Refi. Payment $2,715/mo*

$442,400

Trulia Estimate
as of May 25, 2026
Est. Refi. Payment $2,715/mo*
8 Beds
3 Baths
2,436 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination
Last check for updates: about 4 hours ago
Listed by Bean Group
Bought with: Bean Group
Source: Maine Listings, MLS#1557628

Description

INVEST in Orono! Great income producing 3 unit. Turn key and ready to go. Wood floors , newer windows, updated and modern units. Fully occupied w happy tenants. GOI $56,400 w NOI at $40,000 +/-. Walking distance to schools, stores, and restaurants. This is a rare find in Orono and will go quickly. CALL NOW!!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from January 14, 2025

Home Highlights

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

Home Details for 56 Park Street

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Interior Entry,Full
Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2436 Square Feet
Appliances & Utilities
Utilities: Utilities On, Pole
Heating & Cooling
Heating: Forced AirNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Forced Air
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Wood
Levels, Entrance, & Accessibility
Floors: Wood

Exterior Features

Exterior Home Features
Roof: ShingleNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Gravel,1 - 4 Spaces
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 2436 Square Feet

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: New Englander
Building
Construction Materials: Wood Frame, Composition

Price & Status

Price
List Price: $400,000
Status Change & Dates
Off Market Date: Sat May 06 2023

Location

Direction & Address
City: Orono

Building

Building Area
Building Area: 2436 Square Feet

Lot Information

Lot Area: 7840.8 sqft

Miscellaneous

BasementMls Number: 1557628Above Grade Unfinished Area: 2436

Price History for 56 Park Street

DatePriceEventSource
07/17/2023$400,000Sold
Maine Listings #1557628
05/06/2023$400,000PendingMaine Listings #1557628
05/02/2023$400,000Listed For SaleMaine Listings #1557628
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Property Tax and Assessment

Year2024
Tax$3,950
Assessment$185,000
Home facts updated by county records

Comparable Sales for 56 Park Street

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.17
Multi-Family Home
$335,000
05/29/25
7
2
3,048
0.29
Multi-Family Home
$523,000
04/14/26
9
3
3,385
0.48
Multi-Family Home
$253,500
06/30/25
4
2
1,979
0.92
Multi-Family Home
$295,000
12/19/25
4
2.5
2,088
1.92
Multi-Family Home
$286,000
06/06/25
4
2
1,800
2.55
Multi-Family Home
$355,000
12/18/25
7
3.5
2,800
2.59
Multi-Family Home
$315,000
07/16/25
6
2
2,250
3.02
Multi-Family Home
$270,000
07/22/25
5
2
2,100

Nearby homes

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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 "
  • 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 "
  • 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"
  • 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. "
  • 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. "
  • 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."
  • 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."
  • Kimberly C.
    "During the school year traffic is extremely heavy in the morning and the afternoon, especially around 5 o’clock"
  • 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."
  • 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 "
  • Kagdis
    "Orono is a college town. It is easily accessible to Interstae 95, malls,shopping,hospitals, good schools, university"

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Off Market Homes Near 56 Park 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.
Zillow Inc. 415 Congress St #202 Portland, ME 04101 206-424-8443

Homes for rent near 56 Park Street

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56 Park Street, Orono, ME 04473 is a 8 bedroom, 3 bathroom, 2,436 sqft multi-family built in 1920. This property is not currently available for sale. 56 Park Street was last sold on Jul 17, 2023 for $400,000 (0% higher than the asking price of $400,000). The current Trulia Estimate for 56 Park Street is $442,400.