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1032 Commercial Street, Rockport, ME, 04856

3beds
2baths
1,346sqft
$375,000
$279price/sqft
$2,763/moest. monthly cost
$110,520/yrincome needed

About This Home

Fantastic opportunity to own in the beautiful seaside town of Rockport, ME! A well-maintained multi-family (up and down) duplex with an excellent rental history. Keep it as an investment property or live in one unit and rent out the other or easily return the property to a single-family home. Walk out basement provides a lot of extra space. Large yard might be conducive for an ADU. Concrete slab in place for a garage. Views of Glen Cove from the second floor. Sidewalk along Commercial St. allows for walkability in the neighborhood. Close proximity to shopping, Glen Cove Rest Area, Samoset Resort, and Glen Cove beach.

Getting Around

23
WalkingCar-Dependent
0
TransitVery Limited Transit
8
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Poured Concrete
  • Roof: Shingle
  • Construction materials: Wood Frame,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Farmhouse,New Englander,Other
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Walk-Out Access,Daylight,Full,Sump Pump,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • 1st Floor Bedroom,Attic,Bathtub,One-Floor Living,Shower,Storage
  • Window features: Double Pane Windows
  • Flooring: Carpet,Laminate
  • Finished area below ground: 0
  • Finished area above ground: 1,346

Heating & Cooling

  • Heating features: Baseboard,Hot Water,Zoned
  • Cooling features: None

Interior Area

  • Total structure area: 1,346
  • Total interior livable area: 1,346 sqft

Property

Details

  • Parcel number: ROCTM003B065
  • Zoning: 907-M
  • Exclusions: Washer - Dryer

Features

  • Stories: 2
  • Has view: Yes
  • View description: Scenic
  • Waterbody name: Glen (Clam) Cove, Penobscot Bay

Lot

  • Lot size: 0.40 Acres
  • Features: Near Golf Course,Near Public Beach,Near Town,Neighborhood,Level,Open Lot,Sidewalks

Parking

  • Parking features: Gravel,1 - 4 Spaces,On Site,Off Street

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
  • Coastal Flooding
    Coastal FloodingModerate
  • Hurricane
    HurricaneModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Ice Storm
Coastal Flooding
Hurricane
Landslide
Lightning
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 $1,896$22,752
Home Insurance $177$2,124
Property Taxes $446$5,352
Electricity $244$2,930
Total$2,763$33,156

Income You'd Need if You Spent...

35% on housing$94,731/yr
40% on housing$82,890/yr
45% on housing$73,680/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

$279This listing

vs Other Active Listings

Avg $/sqft

ZIP 04856$403
Knox County$328

vs Homes Sold Last Month

Median $/sqft

ZIP 04856
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
2025-11-23Listed for sale$375,000
2020-04-30Listing removed$249,900
2020-02-10Price change$249,900
2019-12-28Listed for sale$275,000
2014-02-12Sold$110,000
2013-10-19Price change$129,000
2013-08-03Listed for sale$139,000

For Sale by Agent

BrokerageDwelling In Maine

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