916 Main Street, Old Town, ME 04468
Penobscot County
Key Facts
Description
Welcome to 916 Main Street, a fully rehabbed duplex offering a great opportunity for both homeowners and investors. This property may qualify for FHA/CONV/VA financing, allowing a buyer to live in one unit while renting the other to help offset the mortgage payment a powerful way to begin building wealth through real estate while lowering your monthly housing costs. Completely taken down to the studs and thoughtfully rebuilt, this duplex offers modern, efficient living just minutes from campus. Each unit features a smart layout with updated kitchens, stylish bathrooms, and fresh finishes throughout. The property was upgraded with spray foam insulation and electric baseboard heat, helping keep utility costs efficient while maintaining year-round comfort. Both units also feature private entrances, giving occupants added privacy and independence. Tenants pay their own electricity, while public water, sewer, and trash are included, helping keep operating costs predictable for the owner. Located just minutes from the University of Maine, this duplex sits in a strong rental market with consistent demand from students and long-term tenants alike. Whether you're looking to house-hack your first property or add a solid duplex to your portfolio, 916 Main Street offers flexibility, efficiency, and long-term potential.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
Contemporary
Year Built
1900
Living Area
1,500 sq ft
Lot Size
0.14 acres
Zoning
Residential
Days on Market
167
MLS® Listing#
1639805
Property Features
Cooling
Heating
Flooring
Parking
Lot Features
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$2,239
Tax year 2024
Parcel Number
OLDN-000030-000000-000004
Affordability Calculator
$60,800
Estimated monthly payment
$1,618/mo
Principal $243,200 · Est. interest $339,286 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Old Town, ME
- $502,222
- Median Listing Price
- 67
- Median Days on Market
- 1,280
- Median Sq Ft
- $352
- Median Price / Sq Ft
- 182
- Active Listings
- This home’s price is 39% below the area median.
- Its price per sq ft is 42% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Old Town, ME.
Location
Points of Interest in Old Town, ME
Showing the Old Town area map.
Nearby Schools
Rsu
School · 1.4 mi away
Leonard Middle School
Secondary · 1.4 mi away
Old Town Elementary School
Elementary · 1.5 mi away
Little Angels Daycare & Preschool
School · 1.5 mi away
Old Town High School
Secondary · 1.7 mi away
Dr Lewis S Libby School
Elementary · 2.0 mi away
Stillwater Montessori School
Elementary · 2.2 mi away
Indian Island School
Elementary · 2.5 mi away
Asa C Adams Elementary School
Elementary · 2.8 mi away
Orono Middle School
Secondary · 2.8 mi away
Orono High School
Secondary · 2.9 mi away
United Technologies Center (Utc)
School · 8.1 mi away
Fruit Street School
School · 9.0 mi away
Bangor High School
Secondary · 9.0 mi away
William S. Cohen School
Secondary · 9.1 mi away
Bangor Montessori School
Elementary · 9.2 mi away
Bangor Christian School
School · 9.2 mi away
Mary Snow School
Elementary · 9.3 mi away
Abraham Lincoln School
Elementary · 9.6 mi away
All Saints Catholic School
Secondary · 9.7 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 7 Bay Avenue 10, Old Orchard Beach, ME | $219,000 | 1 | 1 | 272 |
| 124 Jefferson Street, Old Town, ME | $220,000 | 3 | 1 | 933 |
| 5 Kinney Avenue 102, Old Orchard Beach, ME | $225,000 | 1 | 1 | 234 |
| 5 Kinney Avenue 102, Old Orchard Beach, ME | $225,000 | 1 | 1 | 234 |
| 16 Smithwheel Road 9, Old Orchard Beach, ME | $225,000 | 2 | 1 | 910 |
| 7 Bay Avenue 10, Old Orchard Beach, ME | $229,000 | 1 | 1 | 272 |
