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Duplex with Two Rented Units

48 Palmer Road Newport, ME 04953

48 Palmer Road, Newport, ME, 04953
$324,900
For Sale
$324,900

Residential Multi Family, Other - Newport, ME

Lot Size3.17 Acres
Days on Market30

Property Features for 48 Palmer Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Standard status
Active
Lot size
3.17 Acres

Building Details

Year built
1993
Architectural style
Other
Listing Agency NextHome Experience
57 Washington St., ME
Listed by Bev Weaver · License #BA930177,PersonLicenseNumber
Added: Jun 18 Checked: Jul 17 at 1:06 pm
MLS# 1667826 Listing URL

Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained duplex includes two spacious units, and each unit features 2 bedrooms and 1 bathroom. Both units are currently rented. The listing notes that all appliances, including washer and dryers, are included.

Heat and internet are covered by the current owner. Each unit has its own separate heating system, which may allow heat to become a tenant-paid expense going forward.

The property sits on 3.17 acres with ample road frontage and is described as having potential for future development, including the possibility of adding another home subject to local approval. The location is set in a rural country setting with easy access to the interstate for commuting and travel.

Key Highlights

  • Duplex built in 1993 with two separate 2‑bedroom, 1‑bath units
  • Both units are currently rented, providing immediate rental income
  • Each unit has its own separate heating system; heat could become tenant‑paid

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Electrical Service (Bike/Boat/Book/etc) Store Garden Center Catering Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained duplex with two 2-bedroom, 1-bath units, each currently rented and equipped with included appliances.
Where is this duplex located?
The property is located at 48 Palmer Road Newport, ME.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Duplex built in 1993 with two separate 2‑bedroom, 1‑bath units; Both units are currently rented, providing immediate rental income; Each unit has its own separate heating system; heat could become tenant‑paid
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