Building Details

Year Built 1920

Tenancy Multi

Listing Agency: NextHome Prime Real Estate t***@cbrivervalley.com Show Phone

Listed By: Tamra Nururdin · License #72852-94 Show Phone

Source: Therealtycompanyllc

Added: Jul 15 Changed: Jul 30 Last Checked: Aug 5 at 1:09PM

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Investment Insights

Based on property information with market context.

This updated duplex offers two separate 3-bedroom, 1-bath units on a large lot. The lower unit is occupied by a long-term tenant, while the upper unit is move-in ready and has been refreshed with fresh paint, new flooring, a renovated kitchen, and a remodeled bathroom. The property also includes major improvements intended to reduce near-term maintenance, including a new roof, new windows, and a new furnace.

Designed for flexible living or rental income, the layout supports an owner-occupant approach where one unit can be lived in while the other provides ongoing rental support. The exterior features plenty of outdoor space and includes off-street parking for added convenience.

Built in 1920, this two-family property combines established rental occupancy with an updated unit ready for a new owner or tenant.

Key Highlights

• Two 3‑bedroom, 1‑bath units in a duplex configuration
• Lower unit occupied by a long‑term tenant
• Upper unit move‑in ready with fresh paint, new flooring, renovated kitchen

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Restaurant Law Firm Pharmacy

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

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

96

Businesses Nearby

Explore this area Business Placement

Demographics for 53929, WI

2,545

Population

1,315

Households

1.9

Avg Household Size

46

Median Age

17%

College-Educated

89%

High-School Grad

74.0 sq mi

ZIP Area

34

Density / Sq Mi

$66,216

Median Household Income

$41,522

Median Earnings

$910

Median Rent

$185,800

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Duplex - Two 3-bedroom, 1-bath units on a large lot, with an updated upstairs and off-street parking.

Where is this duplex located?

The property is located at 1309 2nd Main St Elroy, WI.

What is the asking price?

The asking price for this property is $185,000.

What are key features of this property?

This property features: Two 3‑bedroom, 1‑bath units in a duplex configuration; Lower unit occupied by a long‑term tenant; Upper unit move‑in ready with fresh paint, new flooring, renovated kitchen