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Four-Unit Apartment Building
For Sale
$299,000

1040 7th Ave, Baldwin, WI 54002

Fully occupied multifamily property with one- and two-bedroom apartments, separate resident-paid utilities, and off-street parking.

Property Size2,950 SF
Price / SF$101.36
Days on Market137

Property Features for 1040 7th Ave

General Information

Standard status Active
Size 2,950 SF
Property subtype Residential Income
Occupancy 100%
Net Operating Income $20,113

Additional Details

Utilities to Site Yes
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $4,806
Listing Agency: Apartment Cash Flow, Inc.
Listed By: Nathan P. Opatz · License ##40329256
Source: Exprealty
Added: Apr 5 Changed: Aug 18 Last Checked: Aug 18 at 4:51AM

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 Apartment Cash Flow, Inc.

Investment Insights

Based on property information with market context.

This 4-unit multifamily property contains a mix of one- and two-bedroom apartments totaling 2,950 square feet. The building dates to around the turn of the century and retains original hardwood floors, original trim, and tall ceilings in some units. Newer vinyl replacement windows are also present, along with off-street parking beside the property.

Occupancy is reported at 100%. Residents pay their own unit electric and gas for heat, while ownership covers water and trash. The property is located at 1040 7th Ave in Baldwin, WI, one block from the busy main street.

Key Highlights

  • Four‑unit building with one- and two‑bedroom apartments
  • 2,950 SF of multifamily space
  • 100% occupied

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Building Supply Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Bakery

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

4
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

266
Businesses Nearby

Demographics for 54002, WI

6,741
Population
2,636
Households
2.6
Avg Household Size
38
Median Age
33%
College-Educated
97%
High-School Grad
77.7 sq mi
ZIP Area
87
Density / Sq Mi
$84,879
Median Household Income
$51,933
Median Earnings
$1,200
Median Rent
$275,600
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?
Quadplex - Fully occupied multifamily property with one- and two-bedroom apartments, separate resident-paid utilities, and off-street parking.
Where is this quadplex located?
The property is located at 1040 7th Ave Baldwin, WI.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Four‑unit building with one- and two‑bedroom apartments; 2,950 SF of multifamily space; 100% occupied
More about this property
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