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Four-Unit Residential Income Property
For Sale
$469,900

1211 South 5th Avenue, West Bend, WI 53095

Low-maintenance four-unit building with two-bedroom, one-bath units and coin-operated laundry in the basement.

Property Size12,196 SF
Price / SF$38.53
Days on Market126

Property Features for 1211 South 5th Avenue

General Information

Standard status Active
Size 12,196 SF
Property subtype Multi-Family / Multi-Family
Occupancy 100%
Net Operating Income $1.00

Additional Details

Multifamily Units 4

Amenities

Laundry Facilities, Block, Full, Yes
Low Maintenance Trim, Aluminum Siding, Brick

Building Details

Year Built 1959
Listing Agency: Redefined Realty Advisors LLC
Listed By: William D Schmidt · License #74044-94
Source: Compass
Added: Apr 8 Changed: Aug 8 Last Checked: Jul 23 at 5:49PM

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 Redefined Realty Advisors LLC

Investment Insights

Based on property information with market context.

This four-unit residential income property is designed for low maintenance and steady occupancy. Each unit features two bedrooms, one bathroom, large living rooms, and a large eat-in kitchen, with all units configured as mirror images of each other. The property is fully occupied by long-term tenants on month-to-month leases.

The building includes practical on-site amenities and storage, including a water softener, tenant storage units, coin-operated laundry in the basement, and a garden shed for lawn and snow equipment. The property is conveniently located within walking distance to shopping, restaurants, and schools.

The layout supports consistent unit utility across the building, with shared access to laundry and exterior storage improvements.

Key Highlights

  • Four‑unit apartment building built in 1959
  • 2‑bedroom, 1‑bath units with large living rooms and a large eat‑in kitchen; units are mirror images
  • Fully occupied with long‑term tenants on month‑to‑month leases

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Parking Lot & Garage Accounting Firm Grocery & Convenience Store Law Firm (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

876
Businesses Nearby

Demographics for 53095, WI

27,269
Population
12,741
Households
2.1
Avg Household Size
45
Median Age
32%
College-Educated
96%
High-School Grad
70.4 sq mi
ZIP Area
387
Density / Sq Mi
$82,219
Median Household Income
$49,779
Median Earnings
$1,015
Median Rent
$286,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Low-maintenance four-unit building with two-bedroom, one-bath units and coin-operated laundry in the basement.
Where is this quadplex located?
The property is located at 1211 South 5th Avenue West Bend, WI.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: Four‑unit apartment building built in 1959; 2‑bedroom, 1‑bath units with large living rooms and a large eat‑in kitchen; units are mirror images; Fully occupied with long‑term tenants on month‑to‑month leases
More about this property
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