48 Palmer Rd

1,440 Sq. Ft.
$226 / Sq. Ft.
1,440
Sq. Ft.
$226
per Sq. Ft.

Description

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...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.
  1. Listed by Beverly Weaver • NextHome Experience

Property Details for 48 Palmer Road

Waterfront
No
ArchitecturalStyle
Ranch
Garage
No
Zoning
Rural
View
Trees/Woods
LISTING UPDATED: 06/18/2026 10:32 AM

Property Details for 48 Palmer Road

StatusActive
MLS #1667826
Days on MarketListed Today
Taxes$3,440 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1993
Lot Size3.17 AC / 138,085 SF
CountyPenobscot County

Location

Listing Courtesy of NextHome Experience
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Building Information for 48 Palmer Road

Stories-Residences2Year Built1993Building Size-Lot Size3.17 AC / 138,085 SF

Payment Calculator

$1,906 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,619

Property Taxes

$287

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 48 Palmer Road

Summary
Location and General Information
  • Zip Code: 3623
  • Directions: GPS will take you to correct home
  • Town: Newport
  • State/Province: ME
  • Zip Code: 04953
  • County: Penobscot
  • Geo Latitude: 44.826136
  • Geo Longitude: -69.182392
  • Tax Lot: 27
  • Site:Level: Yes
  • Site:Wooded: Yes
  • Location:Near Town: Yes
  • Location:Near Turnpike/Interstate: Yes
  • Location:Rural: Yes
  • Construction: Wood Frame
  • Road Frontage: true
  • Water View2: No
  • Tree Growth YN2: false
Parking
  • Parking Features: Paved, 1 - 4 Spaces, Off Street
  • Attached Garage: No
  • Parking: 1 - 4 Spaces, Off Street
Taxes and HOA Information
  • Tax Book Number: 15472
  • Tax Map Number: 3
  • Tax Year: 2025
  • Parcel Number: NEPT-000003-000000-000027
  • Location Information:Association Y/N: No
  • Tax Annual Amount: $3,440.00
Property
Heating and Cooling
  • Water Heater:Electric: No
  • Water Heater:Heat Pump: Yes
  • Water Heater:Off Heating System: Yes
  • Heat Fuel: Oil
  • Heat System: Baseboard, Heat Pump, Hot Water
Lot Information
  • SqFt Finished Below Grade: 0.0
  • SqFt Finished Above Grade: 1440.0
  • Lot Size Acres: 3.17
  • Source of Acreage: Public Records
  • Building Area Total: 1440.0
  • Lot Size Area: 3.17
  • Lot Size Units: Acres
  • Lot Size Square Feet: 138085.2
  • Bathrooms Full: 2
  • Street Number: 48
  • Property Information:Surveyed: Unknown
  • Property Information:Seasonal: No
  • Property Information:Owner Occupied: No
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed/Conveyance Type Offered: Quit Claim w/Covenant
  • Property Information:Deed: All
  • Property Information:Bank Owned REO: No
  • Property Information:2 Detached Houses on 1 Lot: No
  • Property Information:Total Half Baths: .00
  • Property Information:Color: Tan
  • Property Information:Source of Road Frontage: Other
  • Property Information:Road Front Other Source: Measured
  • Property Information:Other Source of Square Footage: Septic Design
Parking
  • Driveway:Paved: Yes
  • Driveway: Paved2
Property and Assessments
  • Leased Land: No
  • Property Type: Multi-Family
  • Property Type Label: Multi-Family
  • Year Built: 1993
Utilities
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Well
  • Gas:No Gas: Yes
  • Water Heater: Heat Pump2, Off Heating System
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Vinyl Siding
  • Vehicle Storage:No Vehicle Storage: Yes
  • Roof: Shingle
  • Other Structures: Outbuilding, Shed(s)
  • Patio and Porch Features:Deck: Yes
  • StructureType: Duplex
  • Vehicle Storage: No Vehicle Storage
  • Patio and Porch Features: Deck
  • Basement Entry: Exterior Only
Interior Features
  • Basement: Dirt Floor
  • Flooring: Tile, Vinyl
  • Interior Features: 1st Floor Bedroom, One-Floor Living
  • Cooling: Heat Pump
  • Heating: Oil, Baseboard, Heat Pump, Hot Water
  • Foundation Details: Poured Concrete
  • Laundry Features: Main Level
  • Bathrooms Total (Integer): 2
  • Bathrooms Total (Decimal): 2.00
  • Bathrooms Total (Notational): 2.00
  • Cooling YN: Yes
  • Heating YN: Yes
  • Amenities: 1st Floor Bedroom, Laundry - 1st Floor, One-Floor Living
Multi Family
Income & Expenses Information
  • Gross Income: $33,600.00
  • Operating Expenses: $10,716.00
  • Gross Income: $33,600.00
  • Operating Expenses: $10,716.00
Multi-Family Information
  • Number of Units: 2
Unit 1
  • Unit 1:Lease: Yes
  • Unit 1:Level: First
  • Unit 1:Security Deposit: Yes
  • Unit 1:Monthly Rent: $1,400.00
  • Unit 1:# Full Baths: 1.00
  • Unit 1:# of Half Baths: .00
  • Unit 1:# of Rooms: 3.00
  • Unit 1:# of Bedrooms: 2.00
  • Unit 1:Dedicated Electric Meter: Yes
  • Unit 1:Dedicated Gas Meter: No
  • Unit 1:Dedicated Water Heater: Yes
  • Unit 1:Electric: No
  • Unit 1:Heat: Yes
  • Unit 1:Range: Yes
  • Unit 1:Refrigerator: Yes
  • Unit 1:Sewer: Yes
  • Unit 1:Water: Yes
Unit 2
  • Unit 2:Lease: Yes
  • Unit 2:Level: First
  • Unit 2:Monthly Rent: $1,400.00
  • Unit 2:# Full Baths: 1.00
  • Unit 2:# Half Baths: .00
  • Unit 2:# of Rooms: 3.00
  • Unit 2:# of Bedrooms: 2.00
  • Unit 2:Dedicated Electric Meter: Yes
  • Unit 2:Dedicated Gas Meter: No
  • Unit 2:Dedicated Water Heater: Yes
  • Unit 2:Electric: No
  • Unit 2:Heat: Yes
  • Unit 2:Range: Yes
  • Unit 2:Refrigerator: Yes
  • Unit 2:Sewer: Yes
  • Unit 2:Water: Yes
Unit 3
  • Unit 3:Range: Yes
  • Unit 3:Sewer: Yes
Unit Information
  • Units:# of 1 BD Units: 0
  • Units:# of 2 BD Units: 2
  • Units:# of 3 BD Units: 0
  • Units:# of 4+ BD Units: 0

Property History for 48 Palmer Road

DateEvent & SourcePriceAppreciation
Jun 18, 2026

Price Change

Maine Listings #1667826

$324,900
Jun 18, 2026

Listed (Active)

Maine Listings #1667826

$349,900
Jan 8, 2021

Expired

Maine Listings #1442065

$125,000
DateEvent & SourcePrice
06/18/2026

Price Change

Maine Listings #1667826

$324,900
06/18/2026

Listed (Active)

Maine Listings #1667826

$349,900
01/08/2021

Expired

Maine Listings #1442065

$125,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 48 Palmer Road

Taxable ValueLand$38,600Additions$153,600Total$192,200
Tax Record2025$3,440 ($287 / month)
Home Facts
Total Finished SqFt1,536 SqFtAbove Grade Finished SqFt1,536 SqFtStories1Lot Size138,085 SqFtStyleDuplexYear Built1990ZoningRACountyPENOBSCOTAPNNEPT M:003 L:027

Schools near 48 Palmer Road

This home is within Regional School Unit 19.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - 5 to 8
Rating
School
Distance
Newport Elementary School
PublicPK to 4

Sebasticook Valley Middle School
Public5 to 8

Nokomis Regional High School
Public9 to 12

Nokomis Regional Middle School
Public5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

48 Palmer Road is a multi-family home for sale in Newport, ME 04953. This listing's school district is Regional School Unit 19. Nearby schools include Newport Elementary School, Sebasticook Valley Middle School and Nokomis Regional High School. 48 Palmer Road is a 4-bed, 2-bath, 1,440 sqft multi-family home built in 1993.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NextHome Experience

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.