$4,495,000
( $168.73Per Sq Foot )
 $24,130 est/mo Sourced by Back At You

E7822-e7887 615th Avenue,Elk Mound, WI 54739

Elk Mound, WI 54739

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Description

Rare multifamily investment and development opportunity in Elk Mound! This expansive property offers 9 duplex buildings totaling 18 units, a vacant lot, and additional land, creating a unique opportunity for investors, developers, or owners looking to expand their rental portfolio. Each unit offers approximately 1,480 square feet with 3 bedrooms and 2 bathrooms, providing spacious and functional living arrangements. The townhome-style units feature modern finishes including LVT flooring throughout the main living areas, carpeted bedrooms, upgraded kitchen cabinetry, quartz countertops, and stainless steel appliances. Each unit includes a stove, refrigerator, dishwasher, microwave, washer, and dryer. Additional features include gas forced-air heating, central air conditioning, and individual electric water heaters. Each unit offers private exterior access as well as convenient access from the garage. The buildings feature attractive vinyl siding and stone veneer exteriors with asphalt-shingle roofs, creating a clean, modern appearance with low-maintenance appeal. With 18 existing 3-bedroom, 2-bathroom units plus a vacant lot and additional land, this property offers an exceptional combination of existing rental housing and future potential. A unique opportunity to acquire a substantial multifamily portfolio with newer construction, desirable finishes, attached garage access, and additional land for future possibilities.

Details

MLS #1605052
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year2022
Days On Site26
Listing Provided ByChippewa Valley Real Estate, LLC | The Raven Team

Features

SQ Feet26,640
ZoningResidential,Residential-Duplex
Acreage22.21

Taxes

Tax Annual Amount47088

Area Information

StateWI
CountyDunn
CityElk Mound
Zip Code54739
Community NameMeadows Edge Twnhms
Listing VS Median (in Meadows Edge Twnhms)
Price:
$4,495,000
low | high
Med:
$4,495,000
50% of Average
sqft:
26,640
low | high
Med:
26,640
50% of Average
$ / sqft:
$169
low | high
Med:
$169
50% of Average
On site:
26
low | high
Med:
26
100% of Average
Sourced by Back At You

Market Activity 54739

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Learn More About This Property

StateWI
CountyDunn
CityElk Mound
Zip Code54739
Community NameMeadows Edge Twnhms
Listing VS Median (in Meadows Edge Twnhms)
Price:
$4,495,000
low | high
Med:
$4,495,000
50% of Average
sqft:
26,640
low | high
Med:
26,640
50% of Average
$ / sqft:
$169
low | high
Med:
$169
50% of Average
On site:
26
low | high
Med:
26
100% of Average
Sourced by Back At You
Listing Updated: October 8, 2026 at 1:48:01 PM PDT