Movoto Real Estate
Sold on 09/26/2025
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8 Iris Ln, Freeport, ME 04032

  • $640,000

    Last sold 09/26/2025 after 60 Days

  • 2

    bed

  • 4

    bath

  • 2,299

    Sqft ($278/Sqft)

Multi-family not for sale
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About 8 Iris Ln

Property type Multi-family
Year built 1955
HOA fee $0/month
Lot size 3.3 Acre
Property description
Welcome to 8 Iris Lane - a rare opportunity to own a well-maintained two-unit property set on 3.3 acres of privacy and natural beauty in sought-after Freeport. This property offers flexibility, space, and strong rental potential. Unit 1 features 2 comfortable bedrooms, a functional layout, and cozy living spaces - perfect for continued rental income or future personal use. Unit 2 offers 3 spacious bedrooms and has been recently updated with all new windows and stylish vinyl plank flooring. Bright and inviting, it adds to the overall appeal and value of the property. Both units are currently leased with a solid income history, making this a turnkey investment opportunity from day one. Enjoy the expansive, fenced-in backyard - ideal for pets, gardening, or outdoor entertaining - all surrounded by mature trees for a true sense of privacy and seclusion. Located just minutes from downtown Freeport's shops, restaurants, and amenities, yet tucked away in a peaceful setting, 8 Iris Lane offers the best of both worlds. Don't miss this unique opportunity to own a flexible, income-producing property in a prime location!
Listed by
Listing Agent - Laura Davis
Listing Office - Portside Real Estate Group
Source: MREIS mls logo
MLS#1633685 • last updated 2 months ago
Movoto checked MREIS for data 8 minutes ago
Overview
Heating Baseboard, Space Heater
Levels/Style Multi-Level, Other, 2
MLS # 1633685
SqFt 2299
Status Closed
Lot Size (Acres) 3.3
Lot Size (Sqft) 143748
Property Tax 6114
Year Built 1955
Interior
Total # of Bathrooms 4
# Full Baths 2
# Half Baths 2
Flooring Tile, Wood, Luxury Vinyl
Exterior
Roof Shingle
Amenities / Utilities
Water Source Private
Location
Body of Water Unknown
Zoning C1
Multifamily Details
Total # Of Units 2
Operating Expense 9421.43
Gross Income 48360
  • Sep 2025
    mls logo MLS # 1633685
  • Sep 29, 2025 Sold
    $640,000 (-1.5%)
  • Sep 29, 2025 Pending
  • Sep 2, 2025 Active
  • Aug 8, 2025 Listed
    $650,000
  • Jul 28, 2025 Listed
    $650,000 (+29.7%)
  • May 2023
    mls logo MLS # 1556018
  • May 19, 2023 Sold
    $501,000 (+6.6%)
  • Apr 21, 2023 Pending
  • Apr 12, 2023 Listed
    $470,000
  • Feb 23, 2023 Listed
    $470,000
  • 8 Iris Ln
    $640K
  • 04032
    $729K -8% y/y
  • Freeport
    $775K +7% y/y
No chart available
Statistics calculated by Movoto

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N/A
6/10
6/10
7/10
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • ME
  • Cumberland County
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  • 04032
  • 8 Iris Ln
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