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Lakeside Four-Unit Quadplex
For Sale
$399,900

108 North Main Street, New Lisbon, WI 53950

Updated residential income property with water views, refreshed interiors, and recent mechanical and roofing improvements.

Property Size2,185 SF
Price / SF$183.02
Days on Market141

Property Features for 108 North Main Street

General Information

Standard status Active
Size 2,185 SF
Property subtype Multi Family / Apartment building
Zoning RES

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $3,362

Amenities

Full, Walkout to yard, Poured concrete foundatn, Block foundation
Other
Seller / Tenants personal property
4 Stoves, 4 Refrigerators, 1 Washer, 1 dryer, 1 microwave
1
4
2
Vinyl

Building Details

Year Built 1900
Year Renovated 2020
Units 4
Listing Agency: Advantage Realty, LLC
Listed By: David Germann · License #59117-90
Source: Compass
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 12:13PM

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 Advantage Realty, LLC

Investment Insights

Based on property information with market context.

This four-unit residential property offers 2,185 square feet with water views along New Lisbon Lake. A comprehensive 2020 renovation addressed the siding, windows, electrical, plumbing, flooring, paint, and fixtures. The property also includes a poured concrete foundation with walkout access to the yard, block foundation elements, and vinyl exterior siding.

A new furnace was installed in 2025, and the roof is one year old. The property is zoned RES and is located at 108 North Main Street in New Lisbon, Wisconsin. Unit-related equipment includes four stoves, four refrigerators, one washer, one dryer, and one microwave.

Key Highlights

  • Four‑unit property totaling 2,185 square feet
  • Water views along New Lisbon Lake
  • Comprehensive updates completed in 2020, including siding, windows, electrical, plumbing, flooring, paint, and fixtures

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Law Firm Electrical Service Auto Parts Store Big Box & Wholesale 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

143
Businesses Nearby

Demographics for 53950, WI

5,608
Population
3,326
Households
1.7
Avg Household Size
46
Median Age
19%
College-Educated
91%
High-School Grad
97.1 sq mi
ZIP Area
58
Density / Sq Mi
$69,832
Median Household Income
$44,225
Median Earnings
$807
Median Rent
$165,900
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 - Updated residential income property with water views, refreshed interiors, and recent mechanical and roofing improvements.
Where is this quadplex located?
The property is located at 108 North Main Street New Lisbon, WI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Four‑unit property totaling 2,185 square feet; Water views along New Lisbon Lake; Comprehensive updates completed in 2020, including siding, windows, electrical, plumbing, flooring, paint, and fixtures
More about this property
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