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    1462 Grand Ave Schofield, WI 54476

    For Sale
    $374,500

    2 Story, Other - Schofield, WI

    Days on Market:
    45
    Last Refresh:
    Dec 7 at 12:06 am

    Property Features for 1462 Grand Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    Bathrooms
    5
    Parking
    3
    Basement Y/N
    1
    Appliances
    Range, Refrigerator

    Utilities

    Heating system
    Forced Air

    Building Details

    Floors in Building
    2
    Number of units
    5
    Roof type
    Composition, Shingle
    Architectural style
    Other

    RE/MAX EXCEL (715) 849-5544 [email protected]

    Listing agent JAMES KNAUF (715) 849-5544 License #51342-90

    Listing date Oct 24, 2025

    MLS# 22505104 Listing URL

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

    Overview

    Schofield Multifamily Property with Income Potential

    This property features a five-unit rental setup, comprising a four-unit building and a single-family house, along with a three-car garage that offers potential for additional income. The four-unit building includes two one-bedroom units and two two-bedroom units, and it is currently fully rented. The house, which contains two bedrooms and one bathroom, will be vacant for the new buyer. Shingles on the four-unit building were replaced in 2023-24, and the house had its shingles replaced in September 2025. This property presents an opportunity for investors seeking an income-producing asset or for those looking to rent out the four units and reside in the house.
    Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Gym & Fitness Daycare Center Building Supply Pharmacy Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Schofield
    County
    Marathon
    State
    Wisconsin
    Longitude
    -89.61292
    Latitude
    44.910242

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    FAQs

    What type of property is this?
    Apartment building - Five-unit rental property with house and garage, excellent income opportunity.
    Where is this apartment building located?
    The property is located at 1462 Grand Ave Schofield, WI.
    What is the asking price?
    The asking price for this property is $374,500.
    What are key features of this property?
    This property features: - Five rental units: Four-unit building plus a single-family house.; - Income-producing potential: The four-unit building is fully rented.; - Newer roofs: The four-unit roof was replaced in 2023-24, and the house roof was replaced in Sept. 2025.
    (715) 849-5544
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    1462 Grand Ave Schofield, WI 54476
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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
    1462 Grand Ave Schofield, WI 54476
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