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    165 N Central Ave Richland Center, WI 53581

    For Sale
    $650,000

    Apartment building,3 story - Richland Center, WI

    Lot size:
    0.14 Acres
    Days on Market:
    39
    Last Refresh:
    Dec 14 at 5:06 pm

    Property Features for 165 N Central Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Zoning
    Commercial
    Rooms
    Basement, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    276-2100-0722
    Interior features
    Security System, Water Softener Owned, Elevator
    Basement Y/N
    1
    Accessibility
    Accessible Elevator Installed
    Appliances
    Dishwasher, Dryer
    Lot size
    0.14 Acres

    Utilities

    Utilities
    Water Available
    Heating system
    Forced Air

    Building Details

    Year built
    1920
    Floors in Building
    3
    Number of units
    13
    Building materials
    Brick
    Architectural style
    Other

    Century 21 Complete Service Realty (608) 604-2727 [email protected]

    Listing agent Paul Breininger (608) 647-6145

    Listing date Nov 6, 2025

    MLS# 1975318 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

    Historic Masonic Temple with Apartments

    This historic Masonic Temple in Richland Center, WI, features a mix of residential and commercial spaces. The property includes four 988 sq ft one-bedroom apartments and nine office rentals. The apartments are equipped with maple hardwood floors, cabinetry and appliances that are approximately 6 years old, marble countertops, built-in dishwashers, walk-in closets, and new windows on the third-floor apartments. The main level is dedicated to office space, with two additional offices on the second level and two more on the third level. The boilers and roof are about 10 years old, while the furnaces and central air units for the apartments are approximately 6 years old. Utilities for the rental units are separately metered and paid by the tenants. The building is in excellent condition, with upgrades to the electrical system. Security cameras are on-site, and the building requires codes for entry. The property, zoned commercial, sits on a 0.14-acre lot. There is potential to convert the one-bedroom units into two-bedroom units with minimal remodeling.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Richland Center
    County
    Richland
    State
    Wisconsin
    Longitude
    -90.385142
    Latitude
    43.336264

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    FAQs

    What type of property is this?
    Apartment building - Mixed-use property featuring apartments and office rentals in Richland Center.
    Where is this apartment building located?
    The property is located at 165 N Central Ave Richland Center, WI.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Multiple income streams from four 1-bedroom apartments and nine office rentals.; - Updated apartments featuring maple hardwood floors, marble countertops, and newer appliances including dishwashers.; - Tenant-paid utilities in the rental units.
    (608) 647-6145
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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
    165 N Central Ave Richland Center, WI 53581
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