48 Palmer Road, Newport, ME 04953

Newport
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
48 Palmer Road,Newport, ME 04953
$324,900
  • - Beds
  • 2 Baths
  • 1,440 sq. ft.
  • Multi-family
  • Active
Office: nexthome experience
MLS#:1667826
Source:ME_MREIS

Price summary

  • Price:$324,900
  • Price per sq. ft.:$225.63

About this home

Investment opportunity in rural Newport! 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. 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.

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Home facts

  • Year built:1993
  • Listing ID #:1667826
  • Updated:June 18, 2026 at 09:56 PM

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:$324,900
  • Price per sq. ft.:$225.63
  • 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
MLS LogoMREIS Multiple Listing Service™ systemListing data is derived in whole or in part from the Maine IDX & 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 ME_MREIS Member Broker: Christopher Masiello

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