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Explore Similar Apartments Within 2 Miles of Newport, ME

  • /114

    $675,000

    • 7 Baths
    • 6,247 Sq Ft

    5,7,9 Renewal St, Corinna, ME 04928

    Cash Cow Alert!This is the kind of property investors dream about. A cap rate north of 10 percent, steady income, and the chance to own an entire street. Opportunities like this do not come along often.You get three well-maintained buildings plus an oversized garage. The first building is a spacious three unit with a 3 bedroom, 1 bath, a 2 bedroom, 2 bath, and a 2 bedroom, 1 bath. Two

    Corey Lee Real Broker

    5,7,9 Renewal St, Corinna, ME 04928

Why Live in Newport

Newport, ME, is a small town nestled between major roads and Lake Sebasticook, offering both commuting convenience and scenic water access. The town's history as part of the Maine Central Railroad and a popular summer destination is reflected in its early 1900s homes, including Cape Cod, ranch-style, and New Englander houses shaded by red maple and balsam fir trees. Newport is highly walkable, with sidewalk-lined streets and paths along the Sebasticook River and lake. The town features several parks, such as Riverwalk Park and Witham Park, which offer waterfront pathways, a softball field, and tennis courts. Dining options along U.S. Route 2 include Angler’s for seafood and Cervesas Southwest Grill for Mexican cuisine, alongside various pizza and Chinese spots. Newport is a crossroads town with access to Interstate 95 and U.S. Route 2, making it convenient for commuting to nearby cities like Bangor, which is 29 miles away. The town hosts annual events like the Riverwalk Festival and Snowmobile Ride-In Weekend, providing activities for all ages. Schools in Newport serve multiple towns, with Nokomis Regional High School noted for its strong athletics program.

Home Trends in Newport, ME

Housing Trends

Median Sale Price
$294,000
Median Single Family Sale Price
$315,000
Average Price Per Sq Ft
$212
Number of Homes for Sale
17
Last 12 months Home Sales
45
Months of Supply
4.50
Median List Price
$327,450
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
39%
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