Search
12-Unit Apartment Buildings
For Sale
$1,599,000

1-405 E Truth St, Shullsburg, WI 53586

Four townhouse-style buildings offer updated units, tenant storage, accessible features, parking, and shared laundry facilities.

Property SizeContact for details
Days on Market34

Property Features for 1-405 E Truth St

General Information

Standard status Active
Total Parking Spaces 25
Property subtype Residential Income

Additional Details

Multifamily Units 12

Taxes and HOA fees

Annual Taxes $12,446

Amenities

accessible units
accessible parking
private storage
laundry facility

Building Details

Buildings 4
Construction slab-on-grade
Listing Agency: REMAX RealPros
Listed By: Sally Luehman · License #5481490
Source: Exprealty
Added: Jul 30 Changed: Aug 22 Last Checked: Aug 30 at 8:02PM

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 REMAX RealPros

Investment Insights

Based on property information with market context.

This 12-unit apartment property comprises four townhouse-style buildings in a rural setting outside Shullsburg. Slab-on-grade construction supports a low-maintenance design, while the improvements include a newer roof and several updated units. Accessible units and parking are also provided. Each tenant has a private 4' x 6' storage area, and residents share an on-site laundry facility equipped with two newer coin-operated washers and dryers.

The property includes approximately 25 off-street parking spaces. On-site maintenance assistance is available if desired. Shullsburg is about 30 minutes from Dubuque and 25 minutes from Platteville, providing a multifamily setting with access to both communities.

Key Highlights

  • 12‑unit multifamily property in four townhouse‑style buildings
  • Private 4' x 6' storage area for each tenant
  • Approximately 25 off‑street parking spaces

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Electrical Service Bakery Law Firm (Bike/Boat/Book/etc) Store Building Supply

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

131
Businesses Nearby

Demographics for 53586, WI

2,101
Population
968
Households
2.2
Avg Household Size
43
Median Age
18%
College-Educated
90%
High-School Grad
100.5 sq mi
ZIP Area
21
Density / Sq Mi
$65,658
Median Household Income
$38,750
Median Earnings
$977
Median Rent
$149,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Four townhouse-style buildings offer updated units, tenant storage, accessible features, parking, and shared laundry facilities.
Where is this apartment building located?
The property is located at 1-405 E Truth St Shullsburg, WI.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: 12‑unit multifamily property in four townhouse‑style buildings; Private 4' x 6' storage area for each tenant; Approximately 25 off‑street parking spaces
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message