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28-Unit Furnished Apartment Building
New
For Sale
$3,999,000

1348 W AMERICAN Drive, Neenah, WI 54952

In-unit laundry, garage parking, and keyless entry support a furnished residential rental setup.

Property Size12,966 SF
Price / SF$308.42
Days on Market5

Property Features for 1348 W AMERICAN Drive

General Information

Standard status Active
Size 12,966 SF
Property subtype Multi Family

Units

Unit Mix 14 x 1BR, 14 x studio
Multifamily Units 28

Additional Details

Furnished Yes
Highway Access Yes

Taxes and HOA fees

Annual Taxes $15,608

Amenities

washer/dryer
garage parking
keyless entry

Building Details

Building Size 12,966 SF
Year Built 2024
Listing Agency: EXP Realty LLC
Listed By: Cara J. Truckey · License #91-937825
Source: C21ace
Added: Oct 2 Changed: Oct 4 Last Checked: Oct 6 at 12:05AM

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 EXP Realty LLC

Investment Insights

Based on property information with market context.

This 12,966-square-foot apartment property in Neenah, Wisconsin, was built in 2024 and contains 28 furnished units. The mix comprises 14 one-bedroom apartments and 14 studios. Each unit has a washer and dryer, and keyless entry serves the property. Garage parking is also provided.

The property is located just off a highway and near a walking trail. Its furnished unit configuration is presented for midterm rentals, including stays by traveling professionals.

Key Highlights

  • 28 furnished units: 14 one‑bedroom apartments and 14 studios
  • 12,966 square feet; built in 2024
  • Washer and dryer in each unit

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Building Supply Auto Repair Shop

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

28
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

154
Businesses Nearby

Demographics for 54952, WI

27,216
Population
12,412
Households
2.2
Avg Household Size
39
Median Age
25%
College-Educated
93%
High-School Grad
28.1 sq mi
ZIP Area
969
Density / Sq Mi
$67,280
Median Household Income
$44,765
Median Earnings
$906
Median Rent
$190,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - In-unit laundry, garage parking, and keyless entry support a furnished residential rental setup.
Where is this apartment building located?
The property is located at 1348 W AMERICAN Drive Neenah, WI.
What is the asking price?
The asking price for this property is $3,999,000.
What are key features of this property?
This property features: 28 furnished units: 14 one‑bedroom apartments and 14 studios; 12,966 square feet; built in 2024; Washer and dryer in each unit
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