15 South Street, Freeport, ME 04032

$1,195,000

Look no further -- this is the quadplex everyone has been waiting for. Meticulously maintained with 3,900+ SF in desirable Freeport, this property features spacious units and potential for condo conversion, offering more value in the sum of the parts. Step inside and tour the units, each one fully updated throughout. The kitchens feature granite countertops in some units, stainless steel appliances, and recessed lighting. Flooring has been refreshed throughout, including hardwood floors in select units. Bathrooms are also updated with newer tubs, vanities, and flooring, and the pine hallway walls add character and warmth. Some units also offer porch access, a great spot to enjoy the spring and summer months with family and friends. Major improvements include 4 newer heating systems (with some mini-splits), paved driveways, updated plumbing, insulated windows, and repointed chimneys and foundations. Owners benefit from low expenses with separate utilities for each unit, while tenants enjoy off-street parking, washer/dryer access, storage, and a spacious backyard. All of this is just a short walk to downtown Freeport -- known for its shops, restaurants, and coastal village charm -- while still maintaining privacy and a residential feel. Ideal for either short-term rentals, owner occupants or strong long-term income… Read MoreRead Less

Courtesy of RE/MAX Shoreline 603-431-1111

Listing Snapshot

Days Online

Last Updated

May 24, 2026

Full Baths

Square Ft.

3,900

Lot Size

0.25 Acres

Year Built

1950

MLS Number

1661934

Additional Details

Property Access

Road Surface Type: "Paved"

Basement

Basement: "Not Applicable", "None"

Building

Architectural Style: "Contemporary", Building Area Total: 3,900, Construction Materials: "Wood Frame", "Shingle Siding", Number Of Units Total: 4, Year Built: 1950

Cooling

Cooling Included, Cooling: "Window Unit(s)"

Expenses

Operating Expense: $15,464

Floors

Flooring: "Hardwood", "Luxury Vinyl", "Vinyl"

Heating

Heating: "Gas Natural", "Hot Water", Heating Included

Income

Gross Income: $90,300

Lot

Features: "Open", "Level", "Near Shopping", "Near Turnpike/Interstate", "Neighborhood", 0.25 acres, Area: 0.25, 10,890 square feet

Parking

Features: "Paved", "5 - 10 Spaces"

Property

Parcel Number: FPRT-000013-000100, Zoning: Multifamily

Roof

Roof: "Flat"

Sewer

Sewer: "Public Sewer"

Taxes

Annual Amount: $9,264, Tax Lot: 100

Utilities

Electric: "Circuit Breakers", Water Source: "Public"

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30 Days Snapshot Of 04032

$679k

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15 South Street

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