48 Palmer Road, Newport, ME 04953

Newport
Local realty services provided by:ERA Dawson-Bradford Co., REALTORS
48 Palmer Road,Newport, ME 04953
$315,000
  • - Beds
  • 2 Baths
  • 1,440 sq. ft.
  • Multi-family
  • Active
Office: nexthome experience
MLS#:1667826
Source:ME_MREIS

Price summary

  • Price:$315,000
  • Price per sq. ft.:$218.75

About this home

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...

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Home facts

  • Year built:1993
  • Listing ID #:1667826
  • Updated:August 03, 2026 at 10:20 AM

Rooms and interior

  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Tile, Vinyl
  • Bedroom Description:1st Floor Bedroom
  • Basement Description:Dirt Floor, Exterior Entry
  • Living area:1,440 sq. ft.

Heating and cooling

  • Heating:Baseboard, Heat Pump, Heating, Hot Water, Oil

Structure and exterior

  • Roof:Shingle
  • Year built:1993
  • Building area:1,440 sq. ft.
  • Lot area:3.17 Acres
  • Lot Features:Level, Near Town, Near Turnpike/Interstate, Rural, Wooded
  • Architectural Style:Ranch
  • Construction Materials:Vinyl Siding, Wood Frame
  • Exterior Features:Deck
  • Foundation Description:Poured Concrete

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$315,000
  • Price per sq. ft.:$218.75
  • Tax amount:$3,440 (2025)

Features and amenities

  • Laundry features:Main Level
  • Amenities:One-Floor Living

Parking

  • Parking description:1 - 4 Spaces, Off street, Paved
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