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4-Unit Quadplex with Garages
For Sale
$624,500

1012 Meadow St, Watertown, WI 53094

Four residences offer individual climate control, appliances, private storage, and attached garage access.

Property SizeContact for details
Days on Market78

Property Features for 1012 Meadow St

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1978
Listing Agency: Martin Real Estate
Listed By: Michael Martin · License #11019894
Source: Nikolicgroup
Added: Jul 31 Changed: Oct 5 Last Checked: Oct 7 at 5:41PM

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 Martin Real Estate

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Investment Insights

Based on property information with market context.

Built in 1978, this quadplex at 1012 Meadow St in Watertown, WI contains four two-bedroom, one-bath residences. Each unit has a forced-air furnace, central air, appliances, a garage with opener, water softener, and private interior storage. The property also includes a separate shop for an owner or property manager, with a dedicated toilet.

Shared amenities include a laundry area with coin-operated machines, its own water heater and water softener, and common-area utility service. A paved parking area provides additional parking, while a fifth garage measuring 14' x 24' adds flexible support space. The roof is 8 years old, and all four units are occupied under month-to-month leases.

Key Highlights

  • Four 2 bed/1 bath units
  • Individual forced‑air furnace, central air, appliances, water softener, and private storage in each unit
  • Garage with opener assigned to each residence

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Law Firm Nail Salon Auto Parts Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

146
Businesses Nearby

Demographics for 53094, WI

18,510
Population
7,387
Households
2.5
Avg Household Size
39
Median Age
22%
College-Educated
92%
High-School Grad
88.8 sq mi
ZIP Area
208
Density / Sq Mi
$71,973
Median Household Income
$40,673
Median Earnings
$1,039
Median Rent
$223,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four residences offer individual climate control, appliances, private storage, and attached garage access.
Where is this quadplex located?
The property is located at 1012 Meadow St Watertown, WI.
What is the asking price?
The asking price for this property is $624,500.
What are key features of this property?
This property features: Four 2 bed/1 bath units; Individual forced‑air furnace, central air, appliances, water softener, and private storage in each unit; Garage with opener assigned to each residence
More about this property
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