Real Estate Investment Properties for Sale in Orono, ME

Looking for investment property in Orono, ME with high ROI ?

Explore a variety of short-term homes & houses in Orono, ME. Invest wisely with VRBO & Orono, ME Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Orono, ME

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
29 Merritt Dr Orono, ME Tucked away in a peaceful setting, this beautifully maintained 3-bedroom, 2-bath home offe...	3 beds \| 2 baths \| 2,200 sq.ft.	$439,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 6.23% Airbnb Rental Income: $1412 Traditional Rental Income: $3562 Airbnb ROI: -0.03% Traditional ROI: 6.23%
26 Island Ave Orono, ME Welcome to this lovingly maintained 4-bedroom, 1-bath home offering the perfect blend of t...	4 beds \| 1 baths \| 1,548 sq.ft.	$338,000	Airbnb cash on cash: 7.49% Traditional cash on cash: 7.24% Airbnb Rental Income: $3834 Traditional Rental Income: $2929 Airbnb ROI: 7.49% Traditional ROI: 7.24%
2461 Essex St Orono, ME This 2-3BR, 1.5BA home sits on 4 quiet, country acres & offers not only convenience, b...	2 beds \| 1 baths \| 1,668 sq.ft.	$350,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 0.78% Airbnb Rental Income: $1509 Traditional Rental Income: $987 Airbnb ROI: 1.03% Traditional ROI: 0.78%
767 Forest Ave Orono, ME Orono log home with space and privacy. This log constructed home has been well maintained ...	3 beds \| 1 baths \| 1,424 sq.ft.	$325,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 2.63% Airbnb Rental Income: $1412 Traditional Rental Income: $1480 Airbnb ROI: 1.02% Traditional ROI: 2.63%
83 Orono Landing Rd Orono, ME Experience relaxed lakefront living in this beautifully updated, fully furnished home on t...	2 beds \| 1 baths \| 900 sq.ft.	$344,000	Airbnb cash on cash: 1.1% Traditional cash on cash: 4.76% Airbnb Rental Income: $1509 Traditional Rental Income: $2253 Airbnb ROI: 1.1% Traditional ROI: 4.76%
153 Stillwater Avenue Orono, ME Charming 1954 Ranch in Orono - Discover easy, move in ready, single floor living in this s...	2 beds \| 1 baths \| 616 sq.ft.	$264,900	Airbnb cash on cash: 1.7% Traditional cash on cash: 5.78% Airbnb Rental Income: $1509 Traditional Rental Income: $2087 Airbnb ROI: 1.7% Traditional ROI: 5.78%
166 Kelley Rd Orono, ME Welcome to 166 Kelley Road, a charming 3-bedroom, 1.5-bath oversized raised ranch nestled ...	3 beds \| 1 baths \| 1,573 sq.ft.	$299,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 8.79% Airbnb Rental Income: $1412 Traditional Rental Income: $3268 Airbnb ROI: 0.69% Traditional ROI: 8.79%
22 Penobscot St Orono, ME Solid, income-producing 3-unit on Penobscot Street in Orono, with the big-ticket updates a...	5 beds \| 3 baths \| 3,676 sq.ft.	$325,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 7.49% Airbnb Rental Income: $1412 Traditional Rental Income: $3168 Airbnb ROI: 0.35% Traditional ROI: 7.49%
36 Kelley Rd Orono, ME Spacious 4-Bed, 2-Bath Home with Bonus Rooms & Income Potential - Just 5 Minutes from UMai...	4 beds \| 2 baths \| 1,800 sq.ft.	$274,000	Airbnb cash on cash: 8.47% Traditional cash on cash: 10.03% Airbnb Rental Income: $3834 Traditional Rental Income: $3409 Airbnb ROI: 8.47% Traditional ROI: 10.03%
372 Forest Ave Orono, ME Exceptional 55-Acre Property in a Rare and Coveted Location Discover a unique opportunity ...	2 beds \| 1 baths \| 1,512 sq.ft.	$480,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 3.75% Airbnb Rental Income: $1509 Traditional Rental Income: $2834 Airbnb ROI: -0.18% Traditional ROI: 3.75%
5 Shore Drive Orono, ME Located where the Stillwater meets the Penobscot is your perfect landing spot. Welcome to ...	2 beds \| 2 baths \| 1,522 sq.ft.	$290,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 7.27% Airbnb Rental Income: $1509 Traditional Rental Income: $3060 Airbnb ROI: -0.02% Traditional ROI: 7.27%
270 Stillwater Ave Orono, ME Just over the Bangor line, this incredible 46+ acre property in Orono offers the ultimate ...	1 beds \| 1 baths \| 400 sq.ft.	$199,000	Airbnb cash on cash: 5.19% Traditional cash on cash: 9.91% Airbnb Rental Income: $1749 Traditional Rental Income: $2160 Airbnb ROI: 5.19% Traditional ROI: 9.91%
148 College Ave Orono, ME HUGE PRICE REDUCTION!! Distinguished Turnkey Estate Adjacent to UMaine Campus - Orono, ME ...	5 beds \| 3 baths \| 2,432 sq.ft.	$899,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.6% Airbnb Rental Income: $null Traditional Rental Income: $3106 Airbnb ROI: N/A Traditional ROI: 2.6%
3 Park St Orono, ME Located in the heart of downtown Orono, this spacious duplex presents an outstanding inves...	5 beds \| 2 baths \| 1,656 sq.ft.	$277,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.78% Airbnb Rental Income: $null Traditional Rental Income: $2729 Airbnb ROI: N/A Traditional ROI: 7.78%
30 Merritt Dr Orono, ME Nestled on 2.9 beautifully landscaped acres in one of Orono's most desirable subdivisions,...	4 beds \| 3 baths \| 3,906 sq.ft.	$709,900	Airbnb cash on cash: 3.4% Traditional cash on cash: 7.16% Airbnb Rental Income: $3834 Traditional Rental Income: $5495 Airbnb ROI: 3.4% Traditional ROI: 7.16%
114 Main St Orono, ME Introducing one of Orono's most distinguished residences--a rare opportunity to own a land...	5 beds \| 2 baths \| 3,920 sq.ft.	$850,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.68% Airbnb Rental Income: $null Traditional Rental Income: $4590 Airbnb ROI: N/A Traditional ROI: 4.68%
Lot#0 Stillwater Ave Orono, ME Lot#0 Stillwater Ave, Orono, ME 04473 \| Other	N/A beds \| N/A baths \| N/A	$495,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.05% Airbnb Rental Income: $null Traditional Rental Income: $1379 Airbnb ROI: N/A Traditional ROI: -0.05%
94 Stillwater Avenue Orono, ME LISTED BELOW APPRAISED VALUE! If you've been searching for a place with good bones, a grea...	2 beds \| 1 baths \| 1,596 sq.ft.	$242,000	Airbnb cash on cash: 3.24% Traditional cash on cash: 9.83% Airbnb Rental Income: $1509 Traditional Rental Income: $2576 Airbnb ROI: 3.24% Traditional ROI: 9.83%
117 Mill St Orono, ME Orono, Maine Multi-Use Investment Opportunity \| Mill Street, Orono Well-positioned multi-u...	6 beds \| 2 baths \| 9,120 sq.ft.	$599,900	Airbnb cash on cash: -0.68% Traditional cash on cash: 2% Airbnb Rental Income: $1509 Traditional Rental Income: $2567 Airbnb ROI: -0.68% Traditional ROI: 2%
48 Peters Street Orono, ME Just two blocks from the riverfront park and two blocks from the edge of the University of...	3 beds \| 2 baths \| 1,484 sq.ft.	$396,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 7.61% Airbnb Rental Income: $1412 Traditional Rental Income: $3296 Airbnb ROI: 1.4% Traditional ROI: 7.61%
2 Averill St Orono, ME Welcome to this spacious and versatile 4-bedroom, 3 full bathroom home offering the conven...	4 beds \| 3 baths \| 2,425 sq.ft.	$405,000	Airbnb cash on cash: 6.66% Traditional cash on cash: 10.71% Airbnb Rental Income: $3834 Traditional Rental Income: $4544 Airbnb ROI: 6.66% Traditional ROI: 10.71%
130 Stillwater Avenue Orono, ME Discover the perfect blend of comfort, convenience, and investment potential with this upd...	3 beds \| 1 baths \| N/A	$289,900	Airbnb cash on cash: 2.26% Traditional cash on cash: 8.96% Airbnb Rental Income: $1412 Traditional Rental Income: $2818 Airbnb ROI: 2.26% Traditional ROI: 8.96%
191 Park St Orono, ME 191 Park St, Orono, ME 04473 \| Single Family Residential	4 beds \| 1 baths \| 3,186 sq.ft.	$599,000	Airbnb cash on cash: 2.86% Traditional cash on cash: 2.92% Airbnb Rental Income: $3834 Traditional Rental Income: $3042 Airbnb ROI: 2.86% Traditional ROI: 2.92%
103 Union St Orono, ME 103 Union St, Orono, ME 04473 \| Single Family Residential	3 beds \| 2 baths \| 1,810 sq.ft.	$444,900	Airbnb cash on cash: -0.2% Traditional cash on cash: 0.98% Airbnb Rental Income: $1412 Traditional Rental Income: $1480 Airbnb ROI: -0.2% Traditional ROI: 0.98%
0 Merritt Dr Orono, ME 0 Merritt Dr, Orono, ME 04473 \| Other	N/A beds \| N/A baths \| N/A	$99,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.92% Airbnb Rental Income: $null Traditional Rental Income: $1379 Airbnb ROI: N/A Traditional ROI: 10.92%
Lot#A Stillwater Ave Orono, ME Lot#A Stillwater Ave, Orono, ME 04473 \| Other	N/A beds \| N/A baths \| N/A	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.66% Airbnb Rental Income: $null Traditional Rental Income: $1426 Airbnb ROI: N/A Traditional ROI: 5.66%
16 Godfrey Dr Orono, ME 16 Godfrey Dr, Orono, ME 04473 \| Other	N/A beds \| N/A baths \| N/A	$149,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.01% Airbnb Rental Income: $null Traditional Rental Income: $1426 Airbnb ROI: N/A Traditional ROI: 7.01%
Lot#B Stillwater Ave Orono, ME Lot#B Stillwater Ave, Orono, ME 04473 \| Other	N/A beds \| N/A baths \| N/A	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.65% Airbnb Rental Income: $null Traditional Rental Income: $1426 Airbnb ROI: N/A Traditional ROI: 0.65%
00 Park St Orono, ME 00 Park St, Orono, ME 04773 \| Other	N/A beds \| N/A baths \| N/A	$900,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.76% Airbnb Rental Income: $null Traditional Rental Income: $1426 Airbnb ROI: N/A Traditional ROI: -0.76%

Real Estate investment in Orono, ME

There are 29 properties for sale in the city of Orono . The median list price in Orono is $316,810 and the average price per square foot is $118. In September 2026, the average monthly cash on cash return in Orono is 7.00%. The average monthly rental income in Orono is $2,567.

Orono, ME Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 29 investment properties available for sale in Orono.

In 2026, the best neighborhood to buy investment property is Orono.

The ROI for Long-Term is higher than the Short-Term in Orono with average rental income of $2,567.

Your search for investment property begins and ends here

Investment Property for Sale in Orono, ME

29 Merritt Dr

Orono, ME

3 beds | 2 baths | 2,200 sq.ft.

$439,000

Airbnb cash on cash: -0.03%

Traditional cash on cash: 6.23%

Airbnb Rental Income: $1412

Traditional Rental Income: $3562

Airbnb ROI: -0.03%

Traditional ROI: 6.23%

26 Island Ave

Orono, ME

4 beds | 1 baths | 1,548 sq.ft.

$338,000

Airbnb cash on cash: 7.49%

Traditional cash on cash: 7.24%

Airbnb Rental Income: $3834

Traditional Rental Income: $2929

Airbnb ROI: 7.49%

Traditional ROI: 7.24%

2461 Essex St

Orono, ME

2 beds | 1 baths | 1,668 sq.ft.

$350,000

Airbnb cash on cash: 1.03%

Traditional cash on cash: 0.78%

Airbnb Rental Income: $1509

Traditional Rental Income: $987

Airbnb ROI: 1.03%

Traditional ROI: 0.78%

767 Forest Ave

Orono, ME

3 beds | 1 baths | 1,424 sq.ft.

$325,000

Airbnb cash on cash: 1.02%

Traditional cash on cash: 2.63%

Airbnb Rental Income: $1412

Traditional Rental Income: $1480

Airbnb ROI: 1.02%

Traditional ROI: 2.63%

83 Orono Landing Rd

Orono, ME

2 beds | 1 baths | 900 sq.ft.

$344,000

Airbnb cash on cash: 1.1%

Traditional cash on cash: 4.76%

Airbnb Rental Income: $1509

Traditional Rental Income: $2253

Airbnb ROI: 1.1%

Traditional ROI: 4.76%

153 Stillwater Avenue

Orono, ME

2 beds | 1 baths | 616 sq.ft.

$264,900

Airbnb cash on cash: 1.7%

Traditional cash on cash: 5.78%

Airbnb Rental Income: $1509

Traditional Rental Income: $2087

Airbnb ROI: 1.7%

Traditional ROI: 5.78%

166 Kelley Rd

Orono, ME

3 beds | 1 baths | 1,573 sq.ft.

$299,000

Airbnb cash on cash: 0.69%

Traditional cash on cash: 8.79%

Airbnb Rental Income: $1412

Traditional Rental Income: $3268

Airbnb ROI: 0.69%

Traditional ROI: 8.79%

22 Penobscot St

Orono, ME

5 beds | 3 baths | 3,676 sq.ft.

$325,000

Airbnb cash on cash: 0.35%

Traditional cash on cash: 7.49%

Airbnb Rental Income: $1412

Traditional Rental Income: $3168

Airbnb ROI: 0.35%