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Multifamily Property with Parking
For Sale
$100,000

243 W State St, Mauston, WI 53948

Configured with two apartments, six sleeping rooms, shared common areas, and additional parking across the street.

Property Size4,520 SF
Price / SF$22.12
Days on Market51

Property Features for 243 W State St

General Information

Standard status Active
Size 4,520 SF
Property subtype Multi-Family

Financials

Asking Price $100,000
Gross Income $25,500

Amenities

on-site parking

Building Details

Year Built 1920
Buildings 2
Listing Agency:
Listed By: Briggs Realty Group
Source: Thebriggsrealtygroup
Added: Jul 10 Changed: Aug 29 Last Checked: Aug 29 at 11:34AM

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 Briggs Realty Group

Investment Insights

Based on property information with market context.

Located at 243 W State Street in Mauston, this 1920 multifamily property contains 4,520 square feet of living space, according to the 2023 assessor report. The building is arranged with two apartments plus six sleeping rooms. The upper-level rooms share a kitchen and bathroom, while three units are currently occupied and the remaining sleeping rooms are vacant.

On-site parking is available behind the building, with an additional parking lot across the street. A new boiler furnace was installed last year. The property at 243 W State Street is one of two offerings that must be sold together with 249 W State Street; the second property is identified by MLS# 2027614.

Key Highlights

  • 4,520 square feet of living space per 2023 assessor report
  • Multifamily layout includes 2 apartments and 6 sleeping rooms
  • Upper‑level sleeping rooms share a kitchen and bathroom

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Spa & Massage Center Restaurant Hair Salon Storage Facility Electrical Service HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

385
Businesses Nearby

Demographics for 53948, WI

8,151
Population
4,135
Households
2
Avg Household Size
45
Median Age
18%
College-Educated
88%
High-School Grad
151.0 sq mi
ZIP Area
54
Density / Sq Mi
$58,534
Median Household Income
$40,289
Median Earnings
$842
Median Rent
$167,000
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?
Multifamily property - Configured with two apartments, six sleeping rooms, shared common areas, and additional parking across the street.
Where is this multifamily property located?
The property is located at 243 W State St Mauston, WI.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: 4,520 square feet of living space per 2023 assessor report; Multifamily layout includes 2 apartments and 6 sleeping rooms; Upper‑level sleeping rooms share a kitchen and bathroom
More about this property
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