Search
Remodeled 5-Unit Apartment Building
For Sale
$349,900

1620 Madison Street, Manitowoc, WI 54220

Updated building systems, central A/C, decks, laundry facilities, and appliances are included across the property.

Property Size5,089 SF
Price / SF$68.76
Days on Market200

Property Features for 1620 Madison Street

General Information

Standard status Active
Size 5,089 SF
Property subtype Multi-Family / Multi-Family

Additional Details

Multifamily Units 5

Amenities

coin operated laundry
central A/C
decks
Laundry Facilities, Block, Full, Yes
Low Maintenance Trim, Vinyl

Building Details

Year Built 1921
Listing Agency: Century 21 Aspire Group
Listed By: Victoria Seehafer · License #52108-90
Source: Compass
Added: Feb 16 Changed: Aug 30 Last Checked: Aug 30 at 9:12PM

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 Century 21 Aspire Group

Investment Insights

Based on property information with market context.

This 5-unit apartment building contains 5,089 square feet and was originally constructed in 1921. Remodeling work has been completed since 2018, including updates to plumbing, electrical service, siding, windows, doors, the furnace, and central A/C. Exterior decks and vinyl low-maintenance trim are also part of the improvements.

The property includes two sets of coin-operated laundry facilities and appliances within each unit. The combination of unit-level appliances, shared laundry amenities, and updated building components provides a defined multifamily configuration at 1620 Madison Street in Manitowoc, Wisconsin.

Key Highlights

  • 5‑unit apartment building with 5,089 square feet
  • Remodeling and property updates completed since 2018
  • Updated plumbing, electrical, siding, windows, doors, furnace, and central A/C

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Big Box & Wholesale Store Furniture & Home Goods HVAC Service Bakery

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

764
Businesses Nearby

Demographics for 54220, WI

40,737
Population
18,942
Households
2.2
Avg Household Size
44
Median Age
24%
College-Educated
91%
High-School Grad
98.7 sq mi
ZIP Area
413
Density / Sq Mi
$65,188
Median Household Income
$40,791
Median Earnings
$790
Median Rent
$159,500
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 - Updated building systems, central A/C, decks, laundry facilities, and appliances are included across the property.
Where is this apartment building located?
The property is located at 1620 Madison Street Manitowoc, WI.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 5‑unit apartment building with 5,089 square feet; Remodeling and property updates completed since 2018; Updated plumbing, electrical, siding, windows, doors, furnace, and central A/C
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