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2 Baths
1,440 sqft

$305,000

48 Palmer Road, Newport ME, 04953

Built in1993
Property size1,440 sqft
Property typeMulti-family
Courtesy of NextHome Experience

Overview

Active

Listed Jun 18, 2026

Updated 14h ago

MOTIVATED SELLER!! Investment opportunity in rural Newport! Whether you're looking to offset your mortgage by living in one unit while renting the other or expand your investment portfolio, this well-maintained duplex is an excellent opportunity. This well-maintained duplex offers two spacious units, each featuring 2 bedrooms and 1 bathroom. Both units are currently rented, providing immediate income potential for investors or those looking to expand their portfolio. The current owner covers heat and internet; however, because each unit has its own separate heating system, heat could easily become a tenant-paid expense, improving your return on investment. Situated in a peaceful country setting, this property offers the perfect balance of privacy and convenience with easy access to the interstate for commuting and travel. The generous acreage and ample road frontage provide the potential for future development, including the possibility of adding another home (subject to local approval). Whether you're seeking a turnkey investment or a property with room for growth, this Newport duplex is worth a closer look. All appliances, including washer and dryers, are included!

$2,029/mo

Est. mortgage payment based on a $305,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1667826

Interior Features

Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
3.17 Acres

Other Property Details

Taxes
$3,440
Tax Frequency
Annually
View
Yes
MLS provider logo

Listing Contact: 207-951-5025

Listed by Beverly Weaver with NextHome Experience 207-951-5025

Listing data is derived in whole or in part from the Maine IDX and 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. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Blue Lobster Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data is refreshed every 3 hours. Listing last updated at 4:33 AM UTC, 10/11/2026

 

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