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Off market
  • Tax assessed value
    $197,300

    61 Elm St, Newport, ME 04953

    4beds
    --sqft
    Single Family Residence
    Built in 1800
    0.26 Acres Lot
    $-- Zestimate®
    $--/sqft
    $2,835 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,835/mo

    Zestimate® history
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    What's special

    Four-bay commercial garageMetal roofDedicated office space

    NEWLY LISTED with expanded commercial opportunity and income potential in the heart of Newport! This unique property now includes a four-bay commercial garage with dedicated office space, creating an exceptional setup for contractors, small business owners, storage needs, hobby space, or investment potential. The four-bay garage measures approximately 24x42 and is paired with a 12x24 office area, offering a rare opportunity to live, work, and generate income all from one property. Combined with the in-law apartment above the barn, this property offers excellent potential for rental income, business use, or multi-generational living. This well-maintained property features an updated kitchen with modern finishes, comfortable living areas, a metal roof, and a spacious back deck overlooking the river. The in-law apartment above the barn provides added flexibility for guests, extended family, or additional income opportunities. Favorable commercial zoning further enhances the versatility of the property while its central in-town location offers convenient access to local amenities, shopping, restaurants, and easy interstate travel to both Bangor and Augusta. A unique combination of residential comfort and commercial flexibility, this property offers endless potential for a wide variety of needs.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Source: NextHome,MLS#: 1661726MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Features
    • Has basement: No

    Property

    Lot
    • Size: 0.26 Acres
    Details
    • Parcel number: NEPTM015L041

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1800

    Community & HOA

    Location
    • Region: Newport

    Financial & listing details

    • Tax assessed value: $197,300
    • Annual tax amount: $3,453
    • Date on market: 5/12/2026
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    8/17/2026Listing removed$259,999
    Source: NextHome #1661726 Report a problem
    7/13/2026Price change$259,999-13.3%
    Source: Maine Listings #1661726 Report a problem
    6/6/2026Price change$299,999-14%
    Source: Maine Listings #1661726 Report a problem
    5/12/2026Listed for sale$349,000+46%
    Source: Maine Listings #1661726 Report a problem
    5/4/2026Listing removed$239,000
    Source: Maine Listings #1649631 Report a problem
    4/27/2026Listed for sale$239,000
    Source: Maine Listings #1649631 Report a problem
    4/9/2026Pending sale$239,000
    Source: Maine Listings #1649631 Report a problem
    3/23/2026Price change$239,000-8%
    Source: Maine Listings #1649631 Report a problem
    2/27/2026Price change$259,900-3.7%
    Source: Maine Listings #1649631 Report a problem
    1/18/2026Listed for sale$269,900
    Source: Maine Listings #1649631 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,453 +14.8%$197,300 +6.9%
    2023$3,007 +5.2%$184,500 +26.5%
    2022$2,858 -0.4%$145,800 +4.7%
    2021$2,870 +1.9%$139,300 +1.9%
    2020$2,816 +2.5%$136,700 +6%
    2019$2,748 +11.8%$129,000 +11.8%
    2018$2,458 +6.5%$115,400
    2017$2,308 +3.1%$115,400
    2016$2,239 +8.4%$115,400
    2015$2,066 +3.7%$115,400 -0.3%
    2014$1,992 +5.5%$115,800 -0.7%
    2013$1,889 +6.2%$116,600 -0.3%
    2012$1,778 $117,000 +10.3%
    2009-- $106,100 +62.7%
    2006-- $65,200
    Find assessor info on the county website

    Neighborhood: 04953

    Nearby schools

    GreatSchools rating
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