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Duplex with Detached Two-Car Garage
For Sale
$225,000

217-215 College Avenue, Watertown, WI 53094

Occupied two-unit property with separate utility metering, central air, and flexible month-to-month tenancy.

Property SizeContact for details
Days on Market11

Property Features for 217-215 College Avenue

General Information

Standard status Active
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 1 x 3BR/1BA, 1 x 1BR
Multifamily Units 2

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $3,441

Amenities

central air

Building Details

Tenancy Multi
Listing Agency: NextHome Success-Ft Atkinson
Listed By: Carolyn Fox · License #48218-90,PersonLicenseNumber
Source: Exprealty
Added: Sep 10 Changed: Sep 15 Last Checked: Sep 19 at 2:55PM

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 NextHome Success-Ft Atkinson

Investment Insights

Based on property information with market context.

Located at 217-215 College Avenue in Watertown, Wisconsin, this duplex includes two residential units with distinct layouts. The main-level residence offers three bedrooms, an updated bathroom, and an expansive living room. The upper unit contains one bedroom, and both residences are equipped with central air.

A detached two-car garage is partitioned so each unit has dedicated space, with additional open parking also available. Utilities are separately metered for the units. Both residences are occupied under month-to-month arrangements, providing ongoing rental income while preserving flexibility for future leasing decisions. Current rents are positioned with potential for increases toward fair-market levels.

Key Highlights

  • Two‑unit duplex with a 3‑bedroom main‑floor residence and 1‑bedroom upper unit
  • Updated bathroom in the main‑level unit
  • Central air serving both units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Cafe & Coffee Shop Law Firm Florist

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

673
Businesses Nearby

Demographics for 53094, WI

18,510
Population
7,387
Households
2.5
Avg Household Size
39
Median Age
22%
College-Educated
92%
High-School Grad
88.8 sq mi
ZIP Area
208
Density / Sq Mi
$71,973
Median Household Income
$40,673
Median Earnings
$1,039
Median Rent
$223,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Occupied two-unit property with separate utility metering, central air, and flexible month-to-month tenancy.
Where is this duplex located?
The property is located at 217-215 College Avenue Watertown, WI.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two‑unit duplex with a 3‑bedroom main‑floor residence and 1‑bedroom upper unit; Updated bathroom in the main‑level unit; Central air serving both units
More about this property
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