Spacious 4-Bed, 2-Bath Home with Bonus Rooms & Income Potential - Just 5 Minutes from UMaine!
Orono, Maine | 4 Bed | 2 Bath | 2 Bonus Rooms | 1.42 Acres | 1,599 Sq Ft
Located just 5 minutes from the University of Maine in Orono, this spacious and versatile home offers strong investment potential, a flexible layout, and a rare 1.42-acre lot. Whether you're looking to expand your rental portfolio or settle into a well-positioned residence, this property has the features and location to deliver.
Property Highlights:
4 Bedrooms & 2 Full Bathrooms: Generous bedroom space ideal for student housing, roommates, or family living.
2 Additional Bonus Rooms: Use as home offices, workout spaces, media rooms, or private study areas — plenty of options to suit your lifestyle or rental setup.
1,599 Sq Ft of Living Space: Functional layout that balances private and communal areas for comfortable everyday use.
Large 1.42-Acre Lot: A rare find in-town with room for outdoor living, privacy, or possible future improvements.
Established Rental Use: Currently utilized as a rental property for UMaine students, offering excellent income potential for investors or owner-occupiers.
Prime Location: Close to campus, downtown Orono, restaurants, and Route 2 — easy access for students, faculty, and professionals alike.
Investment & Lifestyle Options:
Maintain as a reliable college rental with strong demand
Live-in owner setup with space for roommates or family
Whether you're seeking steady rental income or a flexible home base in a thriving university town, this Orono property delivers both opportunity and value.
Schedule your showing today and see the potential for yourself!
Active
Price cut: $10K (5/15)
$289,000
36 Kelley Road, Orono, ME 04473
4beds
1,599sqft
Est.:
Single Family Residence
Built in 1960
1.42 Acres Lot
$-- Zestimate®
$181/sqft
$-- HOA
What's special
Room for outdoor livingSpacious and versatile home
- 41 days |
- 1,418 |
- 105 |
Zillow last checked:
Listing updated:
Listed by:
Better Homes & Gardens Real Estate/The Masiello Group
Source: Maine Listings,MLS#: 1631188
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Level: First
Bedroom 2
- Level: Second
Bedroom 3
- Level: Second
Bedroom 4
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Other
- Level: Second
Other
- Level: First
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Dishwasher, Microwave, Gas Range, Refrigerator, Washer
Features
- Flooring: Carpet, Laminate, Other
- Basement: Interior Entry,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,599
- Total interior livable area: 1,599 sqft
- Finished area above ground: 1,599
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Gravel, 1 - 4 Spaces, On Site
- Garage spaces: 1
Lot
- Size: 1.42 Acres
- Features: City Lot, Near Turnpike/Interstate, Open Lot
Details
- Parcel number: ORONM030000L029
- Zoning: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Wood Frame, Clapboard, Other
- Roof: Shingle
Condition
- Year built: 1960
Details
- Warranty included: Yes
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water: Public
Community & HOA
Location
- Region: Orono
Financial & listing details
- Price per square foot: $181/sqft
- Tax assessed value: $234,100
- Annual tax amount: $4,998
- Date on market: 4/9/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,303/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Price change | $289,000-3.3%$181/sqft |
Source: | ||
| 4/28/2026 | Listed for sale | $299,000$187/sqft |
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| 4/20/2026 | Contingent | $299,000$187/sqft |
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| 4/9/2026 | Listed for sale | $299,000-9.4%$187/sqft |
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| 10/14/2025 | Listing removed | $330,000$206/sqft |
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| 8/22/2025 | Price change | $330,000-4.3%$206/sqft |
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| 8/5/2025 | Price change | $345,000-2.8%$216/sqft |
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| 7/20/2025 | Price change | $355,000+29.1%$222/sqft |
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| 4/2/2024 | Pending sale | $275,000+5.8%$172/sqft |
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| 4/1/2024 | Sold | $260,000-5.5%$163/sqft |
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| 3/2/2024 | Contingent | $275,000$172/sqft |
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| 2/22/2024 | Listed for sale | $275,000$172/sqft |
Source: | ||
| 6/30/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/29/2023 | Listed for rent | $1,650+135.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/7/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/6/2023 | Listed for rent | $700-57.6% |
Source: Zillow Rentals Report a problem | ||
| 6/1/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/22/2023 | Listed for rent | $1,650$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,998 +0.4% | $234,100 +10% |
| 2023 | $4,980 -1.7% | $212,800 |
| 2022 | $5,065 +0.2% | $212,800 |
| 2021 | $5,054 | $212,800 |
| 2020 | $5,054 +25.8% | $212,800 +40.1% |
| 2019 | $4,018 -2% | $151,900 |
| 2018 | $4,101 +3.8% | $151,900 |
| 2017 | $3,949 +4.6% | $151,900 |
| 2016 | $3,775 +1.9% | $151,900 |
| 2015 | $3,706 -3.7% | $151,900 -5.8% |
| 2014 | $3,847 | $161,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 04473
Nearby schools
GreatSchools rating
- 9/10Asa C Adams SchoolGrades: PK-5Distance: 1.2 mi
- 9/10Orono Middle SchoolGrades: 6-8Distance: 1.3 mi
- 7/10Orono High SchoolGrades: 9-12Distance: 1.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Penobscot County
- Orono
- 04473
- 36 Kelley Road






