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  • Price cut: $69.1K (10/22)
    $249,900

    7 Forest Avenue, Orono, ME 04473

    6beds
    4,104sqft
    : 
    Multi Family
    Built in 1830
    -- sqft lot
    $-- Zestimate®
    $61/sqft
    $-- HOA

    What's special

    Large multi-story barnWorkshop area
    OPPORTUNITY in the heart of ORONO village and Commercial Zoning for maximum flexibility. Amazing single family home that was originally a multi-family, up/down duplex. Dedicated driveway for each unit. It still is used as a duplex without the center wall, which separated the sides. Bring your vision to this expansive 4,104 sq. ft. property, ideally situated in the heart of it all. Minutes from the University of Maine flagship campus. With versatile layouts, this property is well-suited for a range of uses—maximize income as a student rental, a business venture, or keep it as a massive single-family residence, you have options. Storage and functionality are standout features. A large multi-story barn, with a workshop area, and a spacious attic provide endless options for expansion, hobbies, or additional finished living area. The home sits on a .33-acre lot in one of Orono's most prime locations. Residents and tenants will enjoy the ability to walk straight through to municipal offices, restaurants, pubs, Pat's Pizza, shops, running trails along the river, and all that downtown Orono has to offer. The property does need renovation and TLC, but that means it's truly a blank slate with enormous potential. Opportunities in this location are rare—don't miss your chance to re-imagine the property, and create something special in one of Orono's most desirable settings.
    77 days
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    866
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    37
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    Likely to sell faster than

    Zillow last checked: 8 hours ago

    Listing updated: October 21, 2025 at 05:24pm

    Listed by:

    ERA Dawson-Bradford Co.

    Source: Maine Listings,MLS#: 1639031MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Heating
    • Baseboard, Hot Water
    Cooling
    • None
    Features
    • Flooring: Carpet, Vinyl, Wood
    • Basement: Interior Entry,Full,Unfinished,Brick/Mortar
    Interior area
    • Total structure area: 4,104
    • Total interior livable area: 4,104 sqft
    • Finished area above ground: 4,104
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, 5 - 10 Spaces
    Lot
    • Size: 0.33 Acres
    • Features: Business District, City Lot, Near Shopping, Near Turnpike/Interstate, Neighborhood, Level, Open Lot, Sidewalks, Wooded
    Details
    • Parcel number: ORONM027002L023
    • Zoning: Village Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Roof: Metal
    Condition
    • Year built: 1830

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Orono

    Financial & listing details

    • Price per square foot: $61/sqft
    • Tax assessed value: $278,900
    • Annual tax amount: $5,421
    • Date on market: 9/26/2025
    • Road surface type: Paved

    Estimated market value

    Not available

    Estimated sales range

    Not available

    $2,396/mo

    Price history

    Price history
    DateEventPrice
    10/22/2025Price change$249,900-21.7%$61/sqft
    Source: Maine Listings #1639031 Report a problem
    10/9/2025Price change$319,000-8.9%$78/sqft
    Source: Maine Listings #1639031 Report a problem
    9/26/2025Listed for sale$350,000$85/sqft
    Source: Maine Listings #1639031 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$5,955 +0.4%$278,900 +10%
    2023$5,932 -1.7%$253,500
    2022$6,033 +0.2%$253,500

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $1,273/mo
    Principal & interest
    $969
    Property taxes
    $217
    Home insurance
    $87

      Climate risks

      Neighborhood: 04473

      Nearby schools

      GreatSchools rating

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