148 College Avenue, Orono, ME 04473 (MLS # 1687681)
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Pay your mortgage with rental income! Fully furnished 5 bedroom, 3.5 bathroom home. Plus 2 charming log cabins ideal for rentals or guests situated on a 0.9 acre lot adjacent to the University of Maine in Orono. The main home was renovated in 2018 with high end materials and finishes embodying the perfect balance of its original charm and luxury. A convenient main floor layout includes a rear entry mudroom/foyer with a half bath/laundry room. The kitchen boasts stainless steel appliances, granite counter tops and an eat in breakfast nook off of the kitchen counter peninsula. Rounding out the first floor are a formal dining room, spacious living room with a natural gas heat stove, full bathroom and formal entry way. The second floor has 4 bedrooms, and a generous full bathroom. The third floor contains the 5th bedroom with a ensuite full bathroom. Looking for luxury living and rental income? Look no more. This unique property has unmatched value and versatility. Buyer could elect to sell the cabins and have them moved off the property. Inquire for rental profit break down.
| LAST UPDATED | 11/13/2026 | YEAR BUILT | 1900 |
|---|---|---|---|
| COUNTY | Penobscot | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Dryer, Electric Range, Microwave, Other, Refrigerator, Washer |
| BASEMENT | Full, Interior Entry, Unfinished, Yes |
| CONSTRUCTION | Frame, Log Siding, Vinyl Siding |
| FIREPLACE | Yes |
| HEAT | Baseboard, Electric, Hot Water |
| INTERIOR | In-Law Floorplan, Other, Pantry, Storage, Walk-In Closet(s) |
| LOT | 0.9 acre(s) |
| LOT DESCRIPTION | Landscaped, Level, Near Golf Course, Near Public Transit, Open Lot, Wooded |
| LOT DIMENSIONS | 0.9 |
| MLS STATUS | Active |
| PARKING | Gravel, On Site, Off Street |
| SEWER | Public Sewer |
| STYLE | Colonial, Cottage |
| TAXES | 9451 |
| UTILITIES | Natural Gas Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Trees/Woods |
| WATER | Public |
| WATER ACCESS | Stillwater River |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by ERA Dawson-Bradford Co.
Listing data is derived in whole or in part from the Maine IDX & is for consumers'' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.© 2026 Maine Real Estate Information System, Inc. All Rights Reserved. 
Additional school data provided by Onboard Informatics © 2026 Onboard Informatics. Information deemed reliable but not guaranteed.
Mortgage Calculator provided by Diverse Solutions © 2026
IDX data provided by Market Leader, courtesy of Maine Listings.
This IDX solution is (c) Diverse Solutions 2026.
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