Search
Brick Multifamily Apartment Building
For Sale
Contact for pricing

551 S Clark St, Whitewater, WI 53190

The offering consists of three brick and frame buildings with 8 apartments and 22 bedrooms, featuring paved parking and laundry options.

Property SizeContact for details
Lot Size0.75 Acres
Days on Market142

Property Features for 551 S Clark St

General Information

Standard status Active
Lot size 0.75 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 6

Amenities

laundry
dishwashers
paved outdoor parking
individual gas-forced heat systems

Building Details

Construction brick/frame
Listing Agency: Marcus & Millichap - Chicago Downtown
Listed By: William Sardegna · License #IL 475157772
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 7:34PM

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 Marcus & Millichap - Chicago Downtown

Investment Insights

Based on property information with market context.

The offering consists of three brick/frame apartment buildings on 0.75 acres, totaling 22 bedrooms across eight apartments. There are six four-bedroom/two-bath units and two three-bedroom/two-bath units. The three-bedroom units include in-law capabilities and have been used as separate one-bedroom/one-bath units to generate additional income. Amenities include in-unit or on-site laundry, dishwashers, paved outdoor parking, and individual gas-forced heat systems. Tenant utility responsibility is electric and gas, while the landlord pays water and sewer.

The property is located one mile south of the University of Wisconsin-Whitewater campus and less than one mile from downtown restaurants, shops, and nightlife.

Units are configured with separate living options within the three-bedroom floorplans, supported by the in-law capability and prior use as one-bedroom/one-bath setups, alongside laundry and dishwasher amenities throughout.

Key Highlights

  • Three brick/frame buildings on 0.75 acres with 8 apartments and 22 bedrooms
  • Unit mix: six 4‑bedroom/2‑bath apartments plus two 3‑bedroom/2‑bath apartments
  • 3‑bedroom units have in‑law capabilities and have been used as separate 1‑bedroom/1‑bath units for additional income

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center Storage Facility

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

Location Intelligence

Trade Area within ½ mile

299
Businesses Nearby

Demographics for 53190, WI

19,459
Population
8,331
Households
2.3
Avg Household Size
27
Median Age
35%
College-Educated
90%
High-School Grad
130.8 sq mi
ZIP Area
149
Density / Sq Mi
$59,598
Median Household Income
$17,627
Median Earnings
$990
Median Rent
$247,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - The offering consists of three brick and frame buildings with 8 apartments and 22 bedrooms, featuring paved parking and laundry options.
Where is this apartment building located?
The property is located at 551 S Clark St Whitewater, WI.
What are key features of this property?
This property features: Three brick/frame buildings on 0.75 acres with 8 apartments and 22 bedrooms; Unit mix: six 4‑bedroom/2‑bath apartments plus two 3‑bedroom/2‑bath apartments; 3‑bedroom units have in‑law capabilities and have been used as separate 1‑bedroom/1‑bath units for additional income
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message