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Beth Thibault
REALTOR®
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42 Island Avenue, Orono, ME 04473

$199,900
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Featured Listing Active
BEDS5 BATHS1 full 1 partial SQUARE FEET1,365 MLS#1684495
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

Positioned close to the University of Maine, 42 Island Avenue presents an appealing opportunity for buyers exploring the college rental market. Its convenient Orono location puts campus, downtown dining, shops, and local favorites within easy reach, bringing together the everyday conveniences that can help a rental property stand out. For investors looking to establish or expand a rental portfolio, proximity to UMaine is a key draw. Explore the potential for student rental income in a university community, with a location that connects tenants to both campus life and downtown amenities. Orono Brewing Company is nearby, adding to the neighborhood's local appeal as well as a large convenient store at the top of the road. Whether you are considering your first investment property or adding to an existing portfolio, this profitable property deserves a closer look. A convenient location, access to the university, and rental income potential make 42 Island Avenue an opportunity to explore in the Orono market. Lease is up in August of 2027. No vacancy rate due to students finding roommates after Landlord screening and approval.

42 Island Avenue | MLS# 1684495

This single family home located at 42 Island Avenue, Orono, ME 04473 is currently listed for sale by Better Homes & Gardens Real Estate/The Masiello Group, with an asking price of $199,900. This property was built in 1917 and has 5 bedrooms and 1 full and 1 partial baths with 1365 sq. ft. Search Orono real estate on beththibault.masiellogrouprealestate.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Interior Entry, Dirt Floor, Full, Unfinished
Cooling: Heat Pump
Heating: Electric, Oil, Forced Air
Home Style: Colonial
Lot Size: 0.08 Acres
Roof Type: Shingle
Taxes: $3,154
Year Built: 1917

Feature Descriptions

Amenities: 1st Floor Bedroom, Bathtub, Main Level, Shower
Appliances: Dryer, Electric Range, Refrigerator, Washer
Electric: Circuit Breakers
Exterior: Wood Frame, Vinyl Siding
Flooring: Laminate, Vinyl, Wood
Lot: Intown, Near Country Club, Near Golf Course, Near Turnpike/Interstate, Near Town, Open Lot
Parking: Paved,1 - 4 Spaces
Road Surface: Paved
Sewer: Public Sewer
SQ FT Above Grade: 1365
SQ FT Below Grade: 0
Total Rooms: 7
Water: Public

Listed By / Shown By

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Agent Name: Beth Thibault
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Estimated Payment

$ 766.03 per month $444.89 Principal & Interest $262.83 Property Tax $58.30 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/04/2026. The listing information on this page last changed on 11/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 11/04/2026 11:56:30 AM EST) or MLSPIN MLS (last updated Wed 11/04/2026 11:51:01 AM EST) or Prime MLS (last updated Tue 11/03/2026 11:34:18 PM EST) or MREIS (last updated Wed 11/04/2026 11:45:57 AM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.



Listing data is derived in whole or in part from the Maine IDX & 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.

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Agency License Information: Better Homes and Gardens® and the Better Homes and Gardens Real Estate Logo are registered service marks owned by Meredith Corporation and licensed to Better Homes and Gardens Real Estate LLC. The Masiello Group Limited fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC nor any of its affiliated companies.


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