# 42 Island Avenue, Orono, ME 04473 > **TL;DR:** 5bd/2ba single family, $199,900 ($146/sqft), built 1917, 1,365 sqft. Est. $1,069/mo. Listed 16 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $199,900 | | Price/sqft | $146 | | Bedrooms | 5 | | Bathrooms | 1 full, 1 half | | Square Feet | 1,365 | | Year Built | 1917 | | Property Type | Single Family (Single Family Residence) | | Status | Pending | | Days on Market | 16 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,011 | | Estimated Insurance | $58 | | **Total** | **$1,069** | ## Property Highlights - Built in 1917 ## Description ### Agent 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. ## Location - **Address:** 42 Island Avenue, Orono, ME 04473 - **County:** Penobscot - **Coordinates:** 44.874022, -68.676013 - **Google Maps:** https://www.google.com/maps?q=44.874022,-68.676013 ## Virtual Tour & Media - **Video Tour:** https://www.propertiesinmotion.com/property-tours/190173205 ## Listing Agent - **Name:** Holly Taylor - **Brokerage:** Better Homes and Gardens Real Estate The Masiello Group - **Broker Phone:** (800) 741-1540 ## Photos ![42 Island Avenue - Photo 1](http://lh.rdcpix.com/4efea3a5f7a69e4e8512eeb55a4986a4l-f3089172746r.jpg) ![42 Island Avenue - Photo 2](http://lh.rdcpix.com/4efea3a5f7a69e4e8512eeb55a4986a4l-f106427483r.jpg) ![42 Island Avenue - Photo 3](http://lh.rdcpix.com/4efea3a5f7a69e4e8512eeb55a4986a4l-f3000985447r.jpg) ![42 Island Avenue - Photo 4](http://lh.rdcpix.com/4efea3a5f7a69e4e8512eeb55a4986a4l-f698378579r.jpg) ![42 Island Avenue - Photo 5](http://lh.rdcpix.com/4efea3a5f7a69e4e8512eeb55a4986a4l-f524428193r.jpg) ![42 Island Avenue - Photo 6](http://lh.rdcpix.com/4efea3a5f7a69e4e8512eeb55a4986a4l-f2376735263r.jpg) ![42 Island Avenue - Photo 7](http://lh.rdcpix.com/4efea3a5f7a69e4e8512eeb55a4986a4l-f3953907765r.jpg) ![42 Island Avenue - Photo 8](http://lh.rdcpix.com/4efea3a5f7a69e4e8512eeb55a4986a4l-f3482041904r.jpg) ![42 Island Avenue - Photo 9](http://lh.rdcpix.com/4efea3a5f7a69e4e8512eeb55a4986a4l-f2694705341r.jpg) ![42 Island Avenue - Photo 10](http://lh.rdcpix.com/4efea3a5f7a69e4e8512eeb55a4986a4l-f1672526195r.jpg) ![42 Island Avenue - Photo 11](http://lh.rdcpix.com/4efea3a5f7a69e4e8512eeb55a4986a4l-f425598521r.jpg) ![42 Island Avenue - Photo 12](http://lh.rdcpix.com/4efea3a5f7a69e4e8512eeb55a4986a4l-f3930805315r.jpg) ![42 Island Avenue - Photo 13](http://lh.rdcpix.com/4efea3a5f7a69e4e8512eeb55a4986a4l-f1792434145r.jpg) ![42 Island Avenue - Photo 14](http://lh.rdcpix.com/4efea3a5f7a69e4e8512eeb55a4986a4l-f1699404752r.jpg) ![42 Island Avenue - Photo 15](http://lh.rdcpix.com/4efea3a5f7a69e4e8512eeb55a4986a4l-f2815120878r.jpg) --- **MLS#:** 1684495 | **Updated:** 2026-10-25 **Source:** listhub *Copyright © 2026 Better Homes and Gardens-The Masiello Group. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/42-island-avenue-orono-me-04473-bc4050850784458d966235df1df68af7) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/42-island-avenue-orono-me-04473-bc4050850784458d966235df1df68af7#listing", "url": "https://www.propertysimple.ai/listing/42-island-avenue-orono-me-04473-bc4050850784458d966235df1df68af7", "name": "42 Island Avenue, Orono, ME 04473", "description": "Positioned close to the University of Maine, 42 Island Avenue presents an appealing opportunity for buyers exploring the college rental market. 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