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Three-Unit Downtown Triplex
For Sale
Contact for pricing
Pending

116 N Broad Street, Elkhorn, WI 53121

Near downtown shops, restaurants, parks, and daily neighborhood amenities.

Property SizeContact for details
Days on Market471

Property Features for 116 N Broad Street

General Information

Standard status Pending
Total Parking Spaces 3
Property subtype Multifamily

Additional Details

Multifamily Units 3

Building Details

Year Built 1900
Units 3
Listing Agency: Fathom Realty, LLC
Listed By: Kevin DeLap · License #60002-90
Source: Crexi
Added: May 19, 2025 Changed: Aug 30 Last Checked: Sep 1 at 6:54AM

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 Fathom Realty, LLC

Investment Insights

Based on property information with market context.

Located at 116 N Broad Street in Elkhorn, Wisconsin, this multifamily property contains three residential units within a building constructed in 1900. The property sits in Downtown Elkhorn, placing residents near local shops, restaurants, parks, and the central downtown area.

Key Highlights

  • Three‑unit multifamily property
  • Constructed in 1900
  • Located in Downtown Elkhorn

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Grocery & Convenience Store (Bike/Boat/Book/etc) Store Furniture & Home Goods 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

3
Residential units

Location Intelligence

Trade Area within ½ mile

532
Businesses Nearby

Demographics for 53121, WI

19,222
Population
8,397
Households
2.3
Avg Household Size
42
Median Age
33%
College-Educated
94%
High-School Grad
114.4 sq mi
ZIP Area
168
Density / Sq Mi
$83,635
Median Household Income
$45,112
Median Earnings
$1,031
Median Rent
$287,900
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?
Triplex - Near downtown shops, restaurants, parks, and daily neighborhood amenities.
Where is this triplex located?
The property is located at 116 N Broad Street Elkhorn, WI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Three‑unit multifamily property; Constructed in 1900; Located in Downtown Elkhorn
More about this property
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