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Up-and-Down Duplex with Walk-Out Basement
For Sale
$375,000

1032 Commercial Street, Rockport, ME 04856

Multi-Family, Rockport, ME

Property Size1,346 SF
Lot Size0.40 Acres
Price / SF$278.60
Days on Market62

Property Features for 1032 Commercial Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning 907-M
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Basement, Bathroom 1
Parking features Off Street
Pets allowed No
Interior features 1st Floor Bedroom, Attic, Bathtub, One-Floor Living, Shower, Storage
Basement Daylight, Unfinished, Full, Sump Pump, Walk-Out Access
Lot features Open, Level, Sidewalks, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Neighborhood
Standard status Active
Size 1,346 SF
Lot size 0.40 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1850

Utilities

Sewer type Public Sewer
Heating system Baseboard, Oil, Hot Water(Heating), Zoned
Water source Public
Water front features Waterfront
Water front 1

Building Details

Year built 1910
Floors in Building 2
Number of units 2
Flooring type Laminate, Vinyl, Carpet
Building materials Wood Frame, Wood Siding
Roof type Shingle
Architectural style Other
Additional Structures Storage
Listing Agency: Dwelling In Maine
Listed By: Carole Scott Gartley
Added: Jun 22 Changed: Aug 19 Last Checked: Aug 22 at 8:06AM
MLS# 1644201

Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This up-and-down duplex offers two residential units within a single structure, with updated photos showing the second-floor apartment newly painted. The property includes a walk-out basement that can provide additional usable space, and the outside setting features a large yard. A concrete slab is in place, which could support a garage or an additional structure such as an ADU, subject to approvals.

Located at 1032 Commercial Street in Rockport, ME (Knox County), the home sits on approximately 0.4 acres. Sidewalk access along Commercial Street supports walkability in the neighborhood, and the second-floor unit has views of Glen Cove as described in the listing remarks. The property is also described as close to shopping and Glen Cove area destinations, including a rest area, resort properties, and the Glen Cove beach.

This layout may appeal to owners looking to live in one unit while renting the other, or to buyers interested in converting the property back to a single-family configuration, as noted in the remarks. With its basement access, yard size, and existing concrete slab, the home also supports practical “work-from-home,” hobby, or flexible space planning. Zoning is listed as 907-M; interested parties should confirm permitting requirements for any proposed structures or use changes.

Key Highlights

  • Multi‑family up‑and‑down duplex with waterfront features and second‑floor views of Glen Cove
  • Walk‑out basement provides extra space
  • Concrete slab in place for a garage or ADU, plus a large yard

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Garden Center Bakery Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

102
Businesses Nearby

Demographics for 04856, ME

3,644
Population
1,959
Households
1.9
Avg Household Size
51
Median Age
48%
College-Educated
93%
High-School Grad
21.6 sq mi
ZIP Area
169
Density / Sq Mi
$93,169
Median Household Income
$32,418
Median Earnings
$1,175
Median Rent
$415,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Updated second-floor apartment and a walk-out basement add flexible space in this up-and-down duplex on Commercial Street.
Where is this duplex located?
The property is located at 1032 Commercial Street Rockport, ME.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Multi‑family up‑and‑down duplex with waterfront features and second‑floor views of Glen Cove; Walk‑out basement provides extra space; Concrete slab in place for a garage or ADU, plus a large yard
More about this property
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