This home's estimate is 10.3% higher than the average sale price ($283K) of 6 comparable homes.
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3 Long Falls Dam Rd, New Portland, ME 04961
About this home
An outstanding opportunity to own this 4 unit apartment building that is centrally located between Kingfield and Madison. Excellent rental history. Fourth unit studio apartment recently added. 2 of the other 3 units have had recent updating. Close to all outdoor activities including 30 minutes to Sugarloaf to ski or golf and numerous hiking /biking trails. Come see the possibilities for this investment property!
Redfin Estimate
Market trends in 04961, ME
Last updated July 2026
Buyer's Market
Seller's Market
Buyer's market
Provided by Redfin
Sale history for 3 Long Falls Dam Rd
$84/sq ft
$91/sq ft
$91/sq ft
$44/sq ft





$51/sq ft
$51/sq ft
Tax history for 3 Long Falls Dam Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Parking Features: 5 - 10 Spaces, Gravel, Common, Off Street
Interior
- Bathroom Information
- # of Baths (Full): 4
- Basement Information
- Basement Entry: Walk-Out Access, Brick/Mortar, Dirt Floor, Full, Bulkhead, Unfinished
- Interior Features
- Flooring: Wood
Exterior
- Building Information
- Construction Materials: Wood Siding, Wood Frame
- Roof: Metal
- Total Building Area (Sq. Ft.): 2,856
- Exterior Features
- Patio & Porch Features: Glass Enclosed
- Property Information
- Year Built: 1870
- Above-Grade Finished Area (Sq. Ft.): 2,856
- Lot Information
- Lot Size (Sq. Ft.): $11,325.60
- Lot Size (Acres): 0.26
- Lot Size Source: Public Records
- Lot Features: Well Landscaped, Corner Lot, Rural
- Zoning: Residential
Financial
- Tax Information
- Annual Tax Amount: $2,687
- Tax Year: 2023
Utilities
- Utility Information
- Has Heating
- Heating: Zoned, Forced Air, Direct Vent Heater, Direct Vent Furnace
- Electric: Circuit Breakers
- Sewer: Septic Tank, Private Sewer
- Utilities: Utilities On
- Utilities On: Yes
- Water Source: Public
- Water Heater: Electric
Location
- Multi-Unit Information
- # of Units Total: 4
- # of 1 Bedroom Units: 4
- Operating Expense: $6,710
- Gross Income: $36,300
- Unit 1 Information
- # of Bedrooms: 1
- Actual Rent: $850
- Dedicated Gas Meter: Yes
- Dedicated Water Heater: Yes
- Electric: No
- Has Heat: Yes
- Level: Second
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 2 Information
- Actual Rent: $775
- Dedicated Gas Meter: No
- Dedicated Water Heater: Yes
- Electric: No
- Level: First
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 3 Information
- # of Bedrooms: 1
- Actual Rent: $825
- Dedicated Gas Meter: Yes
- Dedicated Water Heater: Yes
- Electric: No
- Level: Second
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Unit 4 Information
- # of Bedrooms: 1
- Actual Rent: $575
- Dedicated Gas Meter: Yes
- Dedicated Water Heater: Yes
- Electric: No
- Level: First
- Refrigerator: Yes
- Sewer: Yes
- Water: Yes
- Location Information
- Unparsed Address: 3 Long Falls Dam Road, New Portland, ME 04961
- Directions: From Rt 16 in center of Kingfield, approximately 10 miles east. GPS friendly
Public facts
- Beds: 6
- Baths: 3.0
- Sq. Ft.: 3,000
- Stories: 2.0
- Lot Size: 0.26 acres
- Style: Single Family Residential
- Year Built: 1870
- Year Renovated: 2000
- County: Somerset County
- APN: 542719
Around this home
Schools
Public K-8 • Assigned • 7.7mi
Public 9-12 • Assigned • 7.9mi
Lifestyle
Provided by Walk Score and Local Logic
Sun exposure
In this area, properties receive around 7.4 hours in June and 2.7 hours in December, placing it below the U.S. average for solar exposure.
Sell confidently with a local market expert in New Portland. 3 minutes to get started.
Nearby similar homes
New listings for sale in 04961
Home values near 3 Long Falls Dam Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1593 Sq. Ft. | $240,603 |
2 Beds | 1 Baths | 1012 Sq. Ft. | $140,458 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1200 Sq. Ft. | $97,198 |
3 Beds | 1 Baths | 1350 Sq. Ft. | $154,607 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1593 Sq. Ft. | $234,376 |
3 Beds | 2 Baths | 1200 Sq. Ft. | $260,013 |
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