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Duplex with Commercial Zoning
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1-3 Mechanic Street, Edgerton, WI 53534

Duplex featuring two three-bedroom units with separate utility meters and a remodeled lower unit.

Property SizeContact for details
Days on Market97

Property Features for 1-3 Mechanic Street

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Multifamily
Zoning B-2
Net Operating Income $36,000

Additional Details

Multifamily Units 2

Building Details

Year Built 1958
Units 2
Listing Agency: Ferraro Real Estate Team
Listed By: Michael Ferraro · License #WI 88570-94
Source: Crexi
Added: Jun 3 Changed: Sep 4 Last Checked: Sep 7 at 6:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ferraro Real Estate Team

Investment Insights

Based on property information with market context.

This well-cared-for duplex includes living space in two units, with the lower level positioned for commercial use under the property’s commercial zoning. The lower unit has been fully remodeled with new flooring, a gutted and updated bathroom, modern light fixtures, and fresh interior paint. Both units feature three bedrooms, hardwood floors, updated bathrooms, and large eat-in kitchens. Laundry is located in the basement, and the utilities are separately metered for each unit.

The property is described as being in the heart of Edgerton. Additional maintenance items include replaced gutters and fascia in 2016.

With a long-term tenant noted in the upper unit and the lower level offering flexibility for a business, the duplex supports owner-occupancy, renting both units, or using the lower level for commercial operations while living in the upper unit.

Key Highlights

  • Duplex with 2 units, each offering 1,500 SF of living space
  • Commercial zoning; lower level offers space for a business alongside residential use
  • Lower unit was fully remodeled with new flooring, updated bathroom (gutted), new light fixtures, and fresh interior paint

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Law Firm Dental Office Plumbing Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

322
Businesses Nearby

Demographics for 53534, WI

12,752
Population
5,982
Households
2.1
Avg Household Size
42
Median Age
33%
College-Educated
94%
High-School Grad
85.2 sq mi
ZIP Area
150
Density / Sq Mi
$94,250
Median Household Income
$53,109
Median Earnings
$1,102
Median Rent
$280,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex featuring two three-bedroom units with separate utility meters and a remodeled lower unit.
Where is this duplex located?
The property is located at 1-3 Mechanic Street Edgerton, WI.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Duplex with 2 units, each offering 1,500 SF of living space; Commercial zoning; lower level offers space for a business alongside residential use; Lower unit was fully remodeled with new flooring, updated bathroom (gutted), new light fixtures, and fresh interior paint
(608) 235-1233 Call to check price and availability
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