Real Estate Investment Properties for Sale in Newcastle, ME

Looking for investment property in Newcastle, ME with high ROI ?

Explore a variety of short-term homes & houses in Newcastle, ME. Invest wisely with VRBO & Newcastle, ME Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Newcastle, ME

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
175 Milliken Island Rd Newcastle, ME An extraordinary lakefront retreat where nature, privacy, and timeless Maine elegance conv...	5 beds \| 2 baths \| 2,400 sq.ft.	$1,450,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.89% Airbnb Rental Income: $null Traditional Rental Income: $3168 Airbnb ROI: N/A Traditional ROI: 0.89%
80 Academy Hill Rd Newcastle, ME Imagine walking to all conveniences from this in-town home! Ideal location for the shortes...	3 beds \| 1 baths \| 2,214 sq.ft.	$444,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 8.29% Airbnb Rental Income: $1268 Traditional Rental Income: $3958 Airbnb ROI: 0.85% Traditional ROI: 8.29%
295 Mills Rd Newcastle, ME 295 Mills Rd is the beautifully maintained retreat you have been searching for that offers...	2 beds \| 2 baths \| 1,892 sq.ft.	$775,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 3.15% Airbnb Rental Income: $1735 Traditional Rental Income: $3093 Airbnb ROI: 0.61% Traditional ROI: 3.15%
130 Lewis Hill Rd Newcastle, ME Location, location, location! This beautifully restored early-1800s New England Cape offer...	4 beds \| 1 baths \| 1,634 sq.ft.	$598,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.62% Airbnb Rental Income: $null Traditional Rental Income: $2971 Airbnb ROI: N/A Traditional ROI: 2.62%
29 Pleasant St Newcastle, ME 29 Pleasant St, Newcastle, ME 04553 \| Single Family Residential	4 beds \| 3 baths \| 3,300 sq.ft.	$949,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.6% Airbnb Rental Income: $null Traditional Rental Income: $4469 Airbnb ROI: N/A Traditional ROI: 2.6%
Lots 4,5,6 Lewis Hill Rd Newcastle, ME Lots 4,5,6 Lewis Hill Rd, Newcastle, ME 04553 \| Other	N/A beds \| N/A baths \| N/A	$359,700	Airbnb cash on cash: 3.13% Traditional cash on cash: 1.22% Airbnb Rental Income: $2556 Traditional Rental Income: $1299 Airbnb ROI: 3.13% Traditional ROI: 1.22%
0 Hopkins Hill Road Rd Newcastle, ME 0 Hopkins Hill Road Rd, Newcastle, ME 04553 \| Other	N/A beds \| N/A baths \| N/A	$398,000	Airbnb cash on cash: 2.61% Traditional cash on cash: 1.11% Airbnb Rental Income: $2556 Traditional Rental Income: $1383 Airbnb ROI: 2.61% Traditional ROI: 1.11%
Lot#U.s. Route One Newcastle, ME Lot#U.s. Route One, Newcastle, ME 04553 \| Other	N/A beds \| N/A baths \| N/A	$195,000	Airbnb cash on cash: 7.64% Traditional cash on cash: 4.17% Airbnb Rental Income: $2556 Traditional Rental Income: $1299 Airbnb ROI: 7.64% Traditional ROI: 4.17%

Real Estate investment in Newcastle, ME

There are 8 properties for sale in the city of Newcastle . The median list price in Newcastle is $310,950 and the average price per square foot is $146. In March 2026, the average monthly cash on cash return in Newcastle is 3.00%. The average monthly rental income in Newcastle is $2,295.

Newcastle, ME Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 8 investment properties available for sale in Newcastle.

In 2026, the best neighborhood to buy investment property is Newcastle.

The ROI for Short-Term is higher than the Long-Term in Newcastle with average rental income of $2,556.

Your search for investment property begins and ends here

Investment Property for Sale in Newcastle, ME

175 Milliken Island Rd

Newcastle, ME

5 beds | 2 baths | 2,400 sq.ft.

$1,450,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.89%

Airbnb Rental Income: $null

Traditional Rental Income: $3168

Airbnb ROI: N/A

Traditional ROI: 0.89%

80 Academy Hill Rd

Newcastle, ME

3 beds | 1 baths | 2,214 sq.ft.

$444,000

Airbnb cash on cash: 0.85%

Traditional cash on cash: 8.29%

Airbnb Rental Income: $1268

Traditional Rental Income: $3958

Airbnb ROI: 0.85%

Traditional ROI: 8.29%

295 Mills Rd

Newcastle, ME

2 beds | 2 baths | 1,892 sq.ft.

$775,000

Airbnb cash on cash: 0.61%

Traditional cash on cash: 3.15%

Airbnb Rental Income: $1735

Traditional Rental Income: $3093

Airbnb ROI: 0.61%

Traditional ROI: 3.15%

130 Lewis Hill Rd

Newcastle, ME

4 beds | 1 baths | 1,634 sq.ft.

$598,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.62%

Airbnb Rental Income: $null

Traditional Rental Income: $2971

Airbnb ROI: N/A

Traditional ROI: 2.62%

29 Pleasant St

Newcastle, ME

4 beds | 3 baths | 3,300 sq.ft.

$949,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.6%

Airbnb Rental Income: $null

Traditional Rental Income: $4469

Airbnb ROI: N/A

Traditional ROI: 2.6%

Lots 4,5,6 Lewis Hill Rd

Newcastle, ME

N/A beds | N/A baths | N/A

$359,700

Airbnb cash on cash: 3.13%

Traditional cash on cash: 1.22%

Airbnb Rental Income: $2556

Traditional Rental Income: $1299

Airbnb ROI: 3.13%

Traditional ROI: 1.22%

0 Hopkins Hill Road Rd

Newcastle, ME

N/A beds | N/A baths | N/A

$398,000

Airbnb cash on cash: 2.61%

Traditional cash on cash: 1.11%

Airbnb Rental Income: $2556

Traditional Rental Income: $1383

Airbnb ROI: 2.61%

Traditional ROI: 1.11%

Lot#U.s. Route One

Newcastle, ME

N/A beds | N/A baths | N/A

$195,000

Airbnb cash on cash: 7.64%

Traditional cash on cash: 4.17%

Airbnb Rental Income: $2556

Traditional Rental Income: $1299

Airbnb ROI: 7.64%