
Improved Residential Land for Sale in Newport, Maine
48 Palmer Rd, Newport, ME 04953
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!
Location
- Street address
- 48 Palmer Rd
- County
- Penobscot County
- Zip code
- 04953
- Elevation
- 283 feet
Property details
- Acreage
- 3.17 acres
- Zoning
- Rural
- MLS #
- MREIS 1667826
- Posted
Property taxes
- 2025
- $3,440
Details and features
Listing
- Type
- Residential Multi Family
- Subtype
- Single Family Residence
- Unit Count
- 2
- Franchise
- Next Home
Lot
- Features
- Level, Near Town, Near Turnpike/Interstate, Rural, Wooded
Exterior
- Parking
- Off Street
- Pool
- Deck
- Structures
- Outbuilding
Structure
- Style
- Ranch
- Basement
- Dirt Floor
- Water
- Well
- Sewer
- Septic Tank
- Heating
- Baseboard, Heat Pump, Hot Water, Oil
- Materials
- Vinyl Siding, Wood Frame
- Roof
- Shingle
Interior
- Rooms
- Basement, Bathroom x 2
- Flooring
- Tile, Vinyl
- Features
- 1st Floor Bedroom, One-Floor Living
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 2, 2026 | Price drop | $315,000 | $9,900 -3% | MREIS |
| June 18, 2026 | Price drop | $324,900 | $25,000 -7.1% | MREIS |
| June 18, 2026 | New listing | $349,900 | — | MREIS |














































