This 1975 4-unit apartment building offers a unique development opportunity in historic Orland village, a hub location within commuting distance of Castine, Bangor, Ellsworth and Belfast. Shopping, services and public marina are all in Bucksport, just 10 minutes away.
Sellers recently inherited this property, vacated all units, and did a total renovation of two one bed units which are now ready for occupancy. The section of the building which previously housed two other one-bedroom apartments has been left unfinished to give buyer the option of restoring apartments or converting to office, commercial or retail use. The corner location, high visibility, increasing ADT (720 cars/day in 2023) and proximity of public sewer combine to make this an extraordinary development / investment opportunity. Orland is known for its small town charm, numerous lakes and ponds, a trust-managed 6,000 acre conservation park with miles of hiking trails, and, recently, the opening of the new community center (aka Orland Mall) with an indoor fitness center, dog park, recreation fields and numerous shops and small businesses located just up the street from 48 School House.
Active
$350,000
48 School House Road, Orland, ME 04472
2beds
1,150sqft
Est.:
Multi Family
Built in 1975
-- sqft lot
$340,100 Zestimate®
$304/sqft
$-- HOA
What's special
High visibilityCorner location
- 5 days |
- 282 |
- 8 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Maine Real Estate Brokerage
Source: Maine Listings,MLS#: 1658872
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heat Pump
Cooling
- Heat Pump, Wall Unit(s)
Features
- Flooring: Carpet, Other, Linoleum
- Doors: Storm Door(s)
- Windows: Double Pane Windows
- Basement: Exterior Entry
Interior area
- Total structure area: 1,150
- Total interior livable area: 1,150 sqft
- Finished area above ground: 1,150
- Finished area below ground: 0
Property
Accessibility
- Accessibility features: 32 - 36 Inch Doors
Features
- Levels: Multi/Split
Lot
- Size: 0.77 Acres
Details
- Parcel number: ORLAM022L007ON
- Zoning: N/A
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary,Ranch,Split Level
- Property subtype: Multi Family
Materials
- Roof: Metal,Pitched
Condition
- Year built: 1975
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Private, Well
Community & HOA
Location
- Region: Orland
Financial & listing details
- Price per square foot: $304/sqft
- Tax assessed value: $144,730
- Annual tax amount: $1,941
- Date on market: 4/22/2026
Estimated market value
$340,100
$323,000 - $357,000
$2,351/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2026 | Listed for sale | $350,000$304/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,763 +3.4% | $144,730 |
| 2023 | $1,705 +18.6% | $144,730 -1.5% |
| 2022 | $1,437 -13.3% | $146,920 +35.6% |
| 2021 | $1,658 | $108,360 |
| 2020 | $1,658 -1.3% | $108,360 |
| 2019 | $1,680 +5.5% | $108,360 |
| 2018 | $1,592 +5.3% | $108,360 |
| 2017 | $1,512 +1.8% | $108,360 |
| 2016 | $1,485 | $108,360 |
| 2015 | $1,485 -3.5% | $108,360 |
| 2014 | $1,539 | $108,360 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,972/mo
Principal & interest
$1715
Property taxes
$257
More affordability tools
Climate risks
Neighborhood: 04472
Nearby schools
GreatSchools rating
- 4/10Bucksport Middle SchoolGrades: 5-8Distance: 2.1 mi
- 8/10Bucksport High SchoolGrades: 9-12Distance: 2.3 mi
- 5/10Miles Lane SchoolGrades: 1-4Distance: 2.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Hancock County
- Orland
- 04472
- 48 School House Road





