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6-Unit Apartment Building
New
For Sale
$449,900

1115 S 15th St, Manitowoc, WI 54220

Separate utility metering, tenant storage, shared laundry, and rear parking support the building’s residential setup.

Property Size5,712 SF
Price / SF$78.76
Days on Market6

Property Features for 1115 S 15th St

General Information

Standard status Active
Size 5,712 SF
Property subtype Multi-Family

Units

Unit Mix 6 x 1BR/1BA
Multifamily Units 6

Additional Details

Utilities to Site Yes

Amenities

high ceilings
walk-in closets
storage areas
laundry facilities
private parking

Building Details

Year Built 1916
Buildings 1
Listing Agency: Renard Realty
Listed By: Shane Renard - Principal Broker Owner · License #9057962
Source: Renardrealtygroup
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 12 at 7:24PM

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 Renard Realty

Investment Insights

Based on property information with market context.

This 6-unit apartment building contains one-bedroom, one-bathroom residences with high ceilings, walk-in closets, and ample living areas. The 5,712-square-foot property was built in 1916. Water, gas, and electric service are separately metered for each apartment, with an additional electric meter serving common space.

Tenant amenities include storage areas, five washers metered separately to each unit, and a shared coin-operated dryer. Private parking is located at the rear. Updates include newer windows, siding, and roof, along with new electric meters, front steps, several water heaters, and furnaces.

Key Highlights

  • 6 apartments, each with 1 bedroom and 1 bathroom
  • 5,712 square feet; built in 1916
  • Water, gas, and electric separately metered for each apartment

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Kitchen & Bath Showroom Big Box & Wholesale Store Daycare Center HVAC Service

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

6
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

890
Businesses Nearby

Demographics for 54220, WI

40,737
Population
18,942
Households
2.2
Avg Household Size
44
Median Age
24%
College-Educated
91%
High-School Grad
98.7 sq mi
ZIP Area
413
Density / Sq Mi
$65,188
Median Household Income
$40,791
Median Earnings
$790
Median Rent
$159,500
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Separate utility metering, tenant storage, shared laundry, and rear parking support the building’s residential setup.
Where is this apartment building located?
The property is located at 1115 S 15th St Manitowoc, WI.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 6 apartments, each with 1 bedroom and 1 bathroom; 5,712 square feet; built in 1916; Water, gas, and electric separately metered for each apartment
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