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4-Unit Quadplex with Covered Garage
For Sale
$379,900

321 N Lincoln Avenue, Beaver Dam, WI 53916

Multi Family, Beaver Dam, WI

Property SizeContact for details
Lot Size0.30 Acres
Days on Market51

Property Features for 321 N Lincoln Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning G2 Com.
Bedrooms 10
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 6, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 8, Bathroom 3, Bedroom 9, Bathroom 4, Bedroom 3, Bedroom 5, Bedroom 4, Bedroom 7, Bedroom 10
Parking features Garage
Appliances 4
Elementary school Call School District
Middle school Beaver Dam
High school Beaver Dam
Elementary school district Beaver Dam
Middle school district Beaver Dam
High school district Beaver Dam
Directions North on N Spring Street toward E 3rd Street, turn right on E 3rd Street, Turn left onto N Lincoln Street
Subdivision BEAVER DAM - C
Standard status Active
APN 206-1214-3343-121
Lot size 0.30 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5935

Utilities

Heating system Radiant

Amenities

yard
storage units
laundry hookups

Building Details

Year built 1865
Floors in Building 2
Number of units 4
Listing Agency: Home Connection Realty
Listed By: Rachel Miller · License #7169094
Added: Sep 14 Changed: Oct 29 Last Checked: Nov 3 at 9:06AM
MLS# 2032648

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.

Rey
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Investment Insights

Based on property information with market context.

This 4-unit quadplex, built in 1865, sits on a 0.3-acre lot and has radiant heating. Two apartments have updated interiors that include LVP flooring. The basement provides a separate storage area for each apartment, along with laundry hookups. Unit 1 is expected to become vacant soon, while the other three units remain available for rental income.

A 4-car covered garage and additional off-street parking serve the property. The site is zoned G2 Com.

Key Highlights

  • Four‑unit property on a 0.3‑acre lot
  • Two apartments updated with LVP flooring
  • 4‑car covered garage and additional off‑street parking

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

663
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Basement storage and laundry hookups complement the four-unit layout, with a covered garage and off-street parking on site.
Where is this quadplex located?
The property is located at 321 N Lincoln Avenue Beaver Dam, WI.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Four‑unit property on a 0.3‑acre lot; Two apartments updated with LVP flooring; 4‑car covered garage and additional off‑street parking
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