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    Newport, ME
    Residential Income

    Newport, ME Residential Income Properties for Sale

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    Mixed-Use Building with Apartments
    Updated: Sep 5, 2023
    Mixed-Use Building with Apartments

    87 Main Street, Newport, ME 04953

    $425,000
    1.22 AC lot
    Two residential apartments: one bedroom and three bedrooms
    Commercial layout can accommodate one larger business or two businesses
    1.22‑acre parcel with newly paved parking
    Three‑level attached barn for storage or additional use
    Village Commercial zoning
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Newport, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    Duplex with Ground-Floor Commercial Space
    Duplex with Ground-Floor Commercial Space

    49 Main Street, Hartland, ME 04943

    $120,000
    3,500 sqft 0.25 AC lot

    Two residential rental units plus adaptable ground-floor commercial space on a 0.25-acre lot in Hartland, Maine.

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    Mixed-Use Duplex with Commercial Space
    Mixed-Use Duplex with Commercial Space

    49 Main Street, Hartland, ME 04943

    $120,000
    3,500 sqft 0.25 AC lot

    Ground-level adaptable commercial space plus two residential rental units with laundry hookups, on a 0.25-acre lot.

    View details
    Triplex with Attached Barn
    Triplex with Attached Barn

    135 Cross Street, Pittsfield, ME 04967

    $219,900
    2,500 sqft 0.20 AC lot

    Victorian triplex with three units, heat pumps, decks and porches, and off-street parking on public water and sewer.

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    Modern Duplex with Two-Bedroom Units
    Modern Duplex with Two-Bedroom Units

    155 Estelle Street, Pittsfield, ME 04967

    $499,000
    1,740 sqft

    Built in 2021, this duplex features two-bedroom units, each with a full bathroom and a one-car garage.

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    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.

    Residential Lot in Pittsfield, ME
    Residential Lot in Pittsfield, ME

    34 Waverly Avenue, Pittsfield, ME 04967

    Contact for pricing
    0.20 AC lot

    Intown lot with water, sewer, and electricity available.

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    Waterfront Land Parcel on Pond
    Waterfront Land Parcel on Pond

    Dexter Road, Saint Albans, ME 04971

    $179,900
    16.50 AC lot

    16.5 acre waterfront land parcel with 1000ft shoreline.

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    Saint Albans Land For Sale
    Saint Albans Land For Sale

    Ross Hill Road, Saint Albans, ME 04971

    $49,900
    6.01 AC lot

    6.01 acre residential land in a peaceful area.

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    Residential Land in Burnham, Maine
    Residential Land in Burnham, Maine

    M 5 Lot 40 Morgan Road, Burnham, ME 04922

    $35,000
    10.20 AC lot

    10.2 acre house lot in quiet, country setting.

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    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
    Williams Rd
    Land

    0 Williams Rd, Newport, ME 04928

    Value Estimation by Request
    View details

    Newport, ME Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Newport, ME on our real estate platform.

    Sale prices for residential income properties in Newport, ME average $425,000 — 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

    Duplexes 1
    Multifamily properties 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 $2.2M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Penobscot County

    Retail

    Office

    Residential Income

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