56 Park Street, Orono, ME 04473
Property image
Property image
OFF MARKET

$434,300

Trulia Estimate
  • 8 Beds
  • 3 Baths
  • 2,436 sqft

56 Park Street, Orono, ME 04473

Refinance Your Home
Currently Off Market - Sold Jul 17, 2023 for $400,000

Home Value

Trulia Estimate
$434K
Since last month
Decreased$4K (-0.9%)
Since last year
Decreased$18K (-4%)
Since last sale
Increased$32K (+8.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +78% in the last 10 years
MonthEstimated value
2026
August 2026$432K
July 2026$436K
June 2026$442K
May 2026$445K
April 2026$439K
March 2026$436K
February 2026$434K
January 2026$430K
2025
2024
2023
2022

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
117 & 115 Park Street, Orono, ME
0.29
Multi-Family Home
$523,000
04/14/26
9
3
3,385
356 Main Street, Bradley, ME
0.92
Multi-Family Home
$295,000
12/19/25
4
2.5
2,088
1024 Stillwater Avenue, Old Town, ME
1.85
Multi-Family Home
$305,000
08/04/26
5
2
5,510
641 Main Street, Old Town, ME
2.55
Multi-Family Home
$355,000
12/18/25
7
3.5
2,800
622 Main Street, Old Town, ME
2.61
Multi-Family Home
$503,000
06/29/26
9
5
3,014
11 Fifth Street, Old Town, ME
3.02
Multi-Family Home
$257,600
10/03/25
5
2
1,844
202 Center Street, Old Town, ME
3.11
Multi-Family Home
$295,000
12/29/25
5
2.5
2,370

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
52 Park Street, Orono, ME 04473
0.02
$338,400
4
2.5
1,620
Off Market
60 Park Street, Orono, ME 04473
0.04
$334,600
4
2
2,112
Off Market
5 Wallace Lane, Orono, ME 04473
0.13
$412,700
4
2
2,138
Off Market
33 College Heights Heights, Orono, ME 04473
0.14
$343,600
3
2
1,962
Off Market
15 Park Street, Orono, ME 04473
0.17
$353,500
7
2
3,048
Off Market
50 College Avenue, Orono, ME 04473
0.18
$293,000
3
1.5
1,940
Recently Sold
20 Crosby Street, Orono, ME 04473
0.15
$392,200
3
2
1,600
Off Market
3 Park Street, Orono, ME 04473
0.21
$269,900
5
2
1,656
For Sale
23 Pierce Street, Orono, ME 04473
0.19
$343,300
4
1.5
2,187
Off Market
2 Chapel Road, Orono, ME 04473
0.26
$407,000
3
2.5
2,400
Recently Sold
65 College Avenue, Orono, ME 04473
0.27
$537,800
5
1.5
2,255
Off Market

Local Information

  • Map ViewExplore the area around 56 Park Street.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1920
Living Area
2,436 sqft
Price/Sqft
$178
Last check for updates: about 5 hours ago
Listed by Bean Group
Bought with: Bean Group
Source: Maine Listings, MLS#1557628

About this House

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!!
56 Park Street, Orono, ME 04473 is a 8 bedroom, 3 bathroom, 2,436 sqft multi-family built in 1920. It last sold for the $400,000 asking price on Jul 17, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $434,300, with a rent estimate of $1,689/month.

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

Media

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 and Tax history

DateEventPrice
Jul 17, 2023
Source: Maine Listings #1557628
Sold
$400,000
May 6, 2023
Source: Maine Listings #1557628
Pending
$400,000
May 2, 2023
Source: Maine Listings #1557628
Listed For Sale
$400,000

Market trends in Orono

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
22
6MoM

Around this home

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

LGBTQ Local Legal Protections

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

Frequently asked questions about 56 Park Street

  • What is 56 Park Street estimated to be worth?
    Trulia's estimated value for 56 Park Street in Orono, ME is $434,300.
  • What is the price history for 56 Park Street?
    56 Park Street in Orono, ME last sold for $400,000 in July 2023.
  • Is Orono a buyer's or seller's market?
    Orono is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Orono?
    Residents describe Orono, ME as dog-friendly, pedestrian-friendly, and walkable to restaurants. See recently sold homes in Orono, ME.
  • Does 56 Park Street have parking?
    Yes, 56 Park Street in Orono, ME has on-site parking.
  • Is there a virtual tour of 56 Park Street?
    Yes, a virtual tour of 56 Park Street in Orono, ME is available.

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