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    1010 Mills St Black Earth, WI 53515

    For Sale
    $585,000

    Apartment building - Black Earth, WI

    Type:Apartment
    Days on Market:
    25
    Last Refresh:
    Dec 6 at 12:06 am

    Property Features for 1010 Mills St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Apartment
    Standard status
    Active
    Zoning
    B-1
    APN
    0806-264-2702-1

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1912
    Floors in Building
    2
    Number of units
    6
    Roof type
    Metal
    Architectural style
    Other

    Premier Realty Team, LLC (608) 212-3126 [email protected]

    Listing agent Shawn Stampfli (608) 831-0800

    Listing date Nov 12, 2025

    MLS# 1997593 Listing URL

    Copyright © 2025 South Central Wisconsin MLS Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Black Earth Apartment Building For Sale

    This six-unit apartment building presents an opportunity for investment. The building includes the following units: Unit 1 (1303 Webb St 2nd floor) features 2 bedrooms and 1 bathroom and had a new furnace installed in 2019. Unit 2 (1305 Webb St 2nd floor) has 2 bedrooms and 1 bathroom. Unit 3 (1010 Mills St. 1st floor) includes 1 bedroom and 1 bathroom and will have a new furnace in 2025. Unit 4 (1301 Webb St. 1st floor) has 1 bedroom and 1 bathroom. Unit 5 (1307 Webb St 1st floor) offers 1 bedroom and 1 bathroom. Unit 6 (1311 Webb St. Efficiency, 1st floor) is an efficiency unit. Updates to the building include two newer furnaces, some newer windows, and updated flooring and doors in some units. Each unit has its own thermostat for heating and cooling. The landlord is responsible for the heat in Units 4 and 6 and pays the water bill for all units. The property is located in Black Earth, WI and is zoned B-1.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Hair Salon Clothing Store Building Supply Pharmacy Auto Repair Shop Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Black Earth
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.748142
    Latitude
    43.139538

    Nearby Similar for Sale

    • $585,000
      0.13 Acres

      Black Earth Investment Opportunity

      Six-unit apartment building in Black Earth, Wisconsin.
      1010 Mills St, Black Earth, WI 53515
      View Details
    • $1,800,000
      6,010 SF

      37-Acre Farm with Income Potential

      Stunning 37-acre farm in Berry, WI, with entrepreneurial potential.
      9321 Turkey Rd, Black Earth, WI 53515
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    FAQs

    What type of property is this?
    Apartment building - Six-unit apartment building with long-term tenants in Black Earth, WI.
    Where is this apartment building located?
    The property is located at 1010 Mills St Black Earth, WI.
    What is the asking price?
    The asking price for this property is $585,000.
    What are key features of this property?
    This property features: - Six-unit apartment building, ideal for investment portfolio creation or expansion.; - Multiple units with established, long-term tenants.; - Individual unit climate control with separate thermostats for heating and cooling.
    (608) 831-0800
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1010 Mills St Black Earth, WI 53515
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