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    Newport, ME
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    Newport, ME Multifamily Properties for Sale

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    Newport Multifamily Investment Opportunity
    Updated: Oct 16, 2025
    Newport Multifamily Investment Opportunity

    161 Main Street, Newport, ME 04953

    $2,200,000
    10,500 sqft · 23,087.00 AC lot
    New roof, windows, and electrical entrances already installed.
    Substantial plumbing work and upgraded electrical systems completed.
    Sprinkler system already installed.
    Generous off‑street parking.
    Potential for immediate income generation by completing and renting the first floor.
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    Well-Maintained Duplex with Two Units
    Updated: Jun 18
    Well-Maintained Duplex with Two Units

    48 Palmer Road, Newport, ME 04953

    $324,900
    3.17 AC lot
    Duplex built in 1993 with two units, each offering 2 bedrooms and 1 bathroom
    Both units are currently rented
    Appliances included, including washer and dryers
    Rural Newport setting with easy access to the interstate for commuting and travel
    Generous acreage with ample road frontage, with potential for future development (subject to local approval)
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Newport, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Modern Duplex with Garage
    Modern Duplex with Garage

    155 Estelle Street, Pittsfield, ME 04967

    $510,000
    1,740 sqft · 0.72 AC lot

    Move-in ready duplex built in 2021, offering two-bedroom, one-bath units with a one-car garage.

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    Renovated Two-Unit Residential Income
    Renovated Two-Unit Residential Income

    296 N Main Street, Pittsfield, ME 04967

    $249,900
    2,224 sqft · 0.28 AC lot

    Two renovated 2-bedroom apartments with in-unit laundry hookups and updated roof and windows, offered as-is.

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    Established Store with Rental Apartments
    Established Store with Rental Apartments

    21 Corinna Road, Saint Albans, ME 04971

    $589,000
    2,539 sqft · 0.17 AC lot

    Thriving convenience store with two apartments in Saint Albans.

    View details
    Established Saint Albans Commercial Property
    Established Saint Albans Commercial Property

    21 Corinna Road, Saint Albans, ME 04971

    $589,000
    2,539 sqft · 0.17 AC lot

    Thriving convenience store with two residential apartments.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Partially Cleared Lot in Lagrange
    Partially Cleared Lot in Lagrange

    Country Lane, Lagrange, ME 04453

    Contact for pricing
    1.73 AC lot

    1.73 acre lot suitable for mobile homes, near trails.

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    Commercial Land Parcel with Route Frontage
    Commercial Land Parcel with Route Frontage

    2680 Route 3, Palermo, ME 04354

    $69,000
    6.20 AC lot

    6.2-acre commercial parcel on Route 3 with shared driveway, suited for homes, lots, or business development.

    View details
    Greenbush Land with Septic System
    Greenbush Land with Septic System

    638 Greenfield Road, Greenbush, ME 04418

    $65,000
    2.00 AC lot

    Two-acre lot with well, septic, power, and driveway.

    View details
    Augusta Buildable Lot For Sale
    Augusta Buildable Lot For Sale

    214 Mount Vernon Avenue, Augusta, ME 04330

    $49,900
    0.36 AC lot

    0.36 acre lot with public utilities, mobile homes allowed.

    View details

    Off-Market Properties in Newport, ME

    Consider similar Off-Market properties in Newport, ME. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    99 Main St
    Individual retail properties

    99 Main St, Newport, ME 04953

    Value Estimation by Request
    3,300 sqft · 0.54 AC lot
    View details

    Newport, ME Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Newport, ME on our real estate platform. These investment opportunities span a total of 10,500 square feet of properties for sale, with an estimated market value of $2,200,000.

    Sale prices for multifamily properties in Newport, ME start at $2,200,000, averaging $2,200,000, and reaching up to $2,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Duplexes 1

    Demographics Overview

    Population 3,145
    Population Growth (5Y) -2.5%
    Median Household Income $62,708
    College Educated 36.0%

    High-Yield Neighborhoods for Investment

    Identify Newport submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04953 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.63%
    Property Tax per SF $51.27 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Penobscot County

    New Delisted

    Total CRE Inventory on Market (SF)

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