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Multifamily Building with Shared Housing
For Sale
Under Contract
$100,000

243 W State Street, Mauston, WI 53948

Multi Family, Mauston, WI

Property SizeContact for details
Lot Size0.24 Acres
Days on Market46

Property Features for 243 W State Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning CENBUs
Appliances 3
Elementary school Westside
Middle school Olson
High school Mauston
Elementary school district Mauston
Middle school district Mauston
High school district Mauston
Directions From Highway 12, turn onto Beech St, property on your left
Subdivision MAUSTON - C
Standard status Active Under Contract
APN 292510467
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2803

Utilities

Heating system Radiant

Building Details

Year built 1920
Floors in Building 2
Number of units 8
Listing Agency: Castle Rock Realty
Listed By: Beth DeForge
Added: Jul 15 Changed: Aug 26 Last Checked: Aug 29 at 12:06AM
MLS# 2027613

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1920 multifamily property contains 4,520 square feet of living space, arranged as two apartments plus six sleeping rooms. The upper-level rooms share a kitchen and bathroom, creating a distinct shared-housing configuration. Radiant heating is provided by a boiler furnace installed last year. Three units are occupied and the upper-level sleeping rooms are vacant.

The property includes on-site parking behind the building, along with access to an additional parking lot across the street. Located in Mauston, Wisconsin, the building carries CENBUs zoning. The property at 243 W State Street is required to sell together with the separately listed 249 W State Street property.

Key Highlights

  • 4,520 square feet of living space per the 2023 assessor report
  • Two apartments plus six sleeping rooms
  • Shared kitchen and bathroom serve the upper‑level sleeping rooms

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 - Two-apartment property with additional sleeping rooms, shared upper-level amenities, rear parking, and a recently installed boiler furnace.
Where is this multifamily property located?
The property is located at 243 W State Street 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 the 2023 assessor report; Two apartments plus six sleeping rooms; Shared kitchen and bathroom serve the upper‑level sleeping rooms
More about this property
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