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Three-Unit Residential Income Property
For Sale
$180,000

302 4th Street, Beaver Dam, WI 53916

Triplex with three 2-bedroom units, including separate basement access for two units via an exterior entrance.

Property Size8,276 SF
Price / SF$21.75
Days on Market145

Property Features for 302 4th Street

General Information

Standard status Active
Size 8,276 SF
Property subtype Multi-Family / Multi-Family

Amenities

Full, Yes
Vinyl

Building Details

Year Built 1900
Listing Agency: Keller Williams Realty-Lake Country
Listed By: Kettle Moraine Realty Group* · License #85320-94
Source: Compass
Added: Apr 15 Changed: Aug 8 Last Checked: Jul 22 at 3:45PM

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 Keller Williams Realty-Lake Country

Investment Insights

Based on property information with market context.

This three-unit residential income property offers a total of three separate units. Unit 1 includes 2 bedrooms and 2 bathrooms, with one bathroom on the main level and a second bathroom accessible from both bedrooms on the upper level. Unit 2 is a 2-bedroom, 1-bath unit on the main level. Unit 3 is a 2-bedroom, 1-bath upper unit. Units 2 and 3 access the basement via an exterior entrance.

The property is described as being near downtown, and the landlord pays sewer and water for the building. The landlord also pays electricity for the unit at 400 Beaver.

Tenants in Units 1 and 3 have given notice and are scheduled to be out by 5/6/26, providing flexibility for a new owner.

Key Highlights

  • Triplex with three 2‑bedroom units: Unit 1 (304 4th St.), Unit 2 (302 4th St.), and Unit 3 (400 Beaver St.)
  • Unit 1 offers 2 beds and 2 baths, including one bath on the main level and a second bath accessible from both bedrooms upstairs
  • Units 2 and 3 are each 2‑bedroom, 1‑bath units, with both having exterior basement access

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Computer & Electronic Repair (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Daycare Center 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.

Location Intelligence

Trade Area within ½ mile

563
Businesses Nearby

Demographics for 53916, WI

23,057
Population
11,001
Households
2.1
Avg Household Size
42
Median Age
27%
College-Educated
94%
High-School Grad
103.6 sq mi
ZIP Area
223
Density / Sq Mi
$72,704
Median Household Income
$48,218
Median Earnings
$932
Median Rent
$212,200
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?
Triplex - Triplex with three 2-bedroom units, including separate basement access for two units via an exterior entrance.
Where is this triplex located?
The property is located at 302 4th Street Beaver Dam, WI.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Triplex with three 2‑bedroom units: Unit 1 (304 4th St.), Unit 2 (302 4th St.), and Unit 3 (400 Beaver St.); Unit 1 offers 2 beds and 2 baths, including one bath on the main level and a second bath accessible from both bedrooms upstairs; Units 2 and 3 are each 2‑bedroom, 1‑bath units, with both having exterior basement access
More about this property
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