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1014 Atlantic Highway, Warren, ME, 04864

6beds
3baths
4,000sqft
$499,000
$125price/sqft
$3,837/moest. monthly cost
$153,480/yrincome needed

About This Home

A fantastic investment opportunity in the heart of Warren! This legal three-unit property is situated on a spacious, pleasant lot and offers excellent flexibility for investors or owner-occupants. Live in one unit while generating rental income from the other two, or add this established multi-unit property to your investment portfolio. Two garage spaces provide valuable covered parking, storage, or workshop potential. Conveniently located near local amenities and within easy reach of Rockland, Thomaston, and other Midcoast communities. A wonderful opportunity with income-producing potential in a desirable Midcoast Maine location!

Getting Around

15
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

3/10
Warren Community SchoolGrades PK-62.1 mi
6/10
Medomak Middle SchoolGrades 7-83.7 mi
5/10

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Stone
  • Roof: Metal,Shingle
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Cape Cod,Farmhouse,Other
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Doghouse,Dirt Floor,Full,Unfinished,Brick/Mortar

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Bathtub,Shower,Storage,Walk-In Closet(s)
  • Flooring: Laminate,Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 4,000

Heating & Cooling

  • Heating features: Baseboard,Direct Vent Heater
  • Cooling features: None

Interior Area

  • Total structure area: 4,000
  • Total interior livable area: 4,000 sqft

Property

Details

  • Parcel number: WRRRMR04L026
  • Zoning: Residential

Features

  • Levels: Multi/Split
  • Patio & porch: Glassed-in Porch
  • Has view: Yes
  • View description: Fields,Trees/Woods

Lot

  • Lot size: 3.92 Acres
  • Features: Interior Lot,Level,Open Lot,Rolling Slope,Wooded

Parking

  • Total spaces: 2
  • Parking features: Common,Gravel,5 - 10 Spaces,On Site
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherVery High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Ice Storm
Lightning
Coastal Flooding
Cold Wave
Hurricane
Strong Wind
Tsunami

FEMA Declared Disasters Across Maine Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,523$30,276
Home Insurance $142$1,704
Property Taxes $591$7,092
Electricity $581$6,977
Total$3,837$46,044

Income You'd Need if You Spent...

35% on housing$131,554/yr
40% on housing$115,110/yr
45% on housing$102,320/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$125This listing

vs Other Active Listings

Avg $/sqft

ZIP 04864$209
Knox County$329

vs Homes Sold Last Month

Median $/sqft

ZIP 04864
Knox County$264

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-03Listed for sale$499,000
1992-07-01Sold$97,000

For Sale by Agent

AgentAnn Daggett
BrokerageLone Pine Real Estate Company

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