36 Kelley Road, Orono, ME, 04473
About This Home
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!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1960
Materials
- Roof: Shingle
- Construction materials: Wood Frame,Clapboard,Other
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Gas Range,Refrigerator,Washer
Basement
- Has basement: Yes
- Basement: Interior Entry,Full,Unfinished
Bedroom1
- Level: First
Bedroom2
- Level: Second
Bedroom3
- Level: Second
Bedroom4
- Level: First
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Carpet,Laminate,Other
- Finished area below ground: 0
- Finished area above ground: 1,599
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 1,599
- Total interior livable area: 1,599 sqft
Kitchen
- Level: First
Living Room
- Level: First
Other
- Level: Second
Other
- Level: First
Property
Details
- Parcel number: ORONM030000L029
- Zoning: Residential
Lot
- Lot size: 1.42 Acres
- Features: City Lot,Near Turnpike/Interstate,Open Lot
Parking
- Total spaces: 1
- Parking features: Gravel,1 - 4 Spaces,On Site
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Ice Storm
- Lightning
- Hurricane
How This Home’s Risks Compare
FEMA Declared Disasters Across Maine Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,385 | $16,620 |
| Home Insurance | $104 | $1,248 |
| Property Taxes | $476 | $5,712 |
| Electricity | $244 | $2,930 |
| Total | $2,209 | $26,508 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-28 | Listed for sale | $299,000 |
| 2026-04-20 | Contingent | $299,000 |
| 2026-04-09 | Listed for sale | $299,000 |
| 2025-10-14 | Listing removed | $330,000 |
| 2025-08-22 | Price change | $330,000 |
| 2025-08-05 | Price change | $345,000 |
| 2025-07-20 | Price change | $355,000 |
| 2024-04-02 | Pending sale | $275,000 |
| 2024-04-01 | Sold | $260,000 |
| 2024-03-02 | Contingent | $275,000 |
| 2024-02-22 | Listed for sale | $275,000 |
| 2023-06-30 | Listing removed | -- |
| 2023-06-29 | Listed for rent | $1,650 |
| 2023-06-07 | Listing removed | -- |
| 2023-06-06 | Listed for rent | $700 |
| 2023-06-01 | Listing removed | -- |
| 2023-05-22 | Listed for rent | $1,650 |
For Sale by Agent
View on Zillow