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Updated Four-Unit Quadplex
New
For Sale
$399,900

321 N Lincoln Avenue, Beaver Dam, WI 53916

Multi Family, Beaver Dam, WI

Property SizeContact for details
Lot Size0.30 Acres
Days on Market5

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 8, Bedroom 4, Bathroom 1, Bedroom 5, Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 6, Bedroom 7, Bedroom 2, Bedroom 10, Bedroom 9, Bedroom 1, Bedroom 3
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

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5935

Utilities

Heating system Radiant

Amenities

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: Sep 16 Last Checked: Sep 18 at 8:06AM
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.

Investment Insights

Based on property information with market context.

This four-unit multifamily property includes two apartments with updated interiors and durable LVP flooring. Unit 1 is expected to become vacant, providing flexibility for an owner-occupant while the remaining apartments continue producing rental income. Radiant heat serves the building, and the 0.3-acre parcel includes a yard, ample off-street parking, and a 4-car covered garage.

Each apartment has dedicated basement storage, and the lower level includes laundry hookups that could support future coin-operated equipment. Built in 1865 and zoned G2 Com., the property combines established construction with several practical features for residents and ownership.

Key Highlights

  • Four‑unit multifamily property on a 0.3‑acre parcel
  • Two apartments updated with durable LVP flooring
  • Unit 1 expected to become vacant for potential owner occupancy

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Computer & Electronic Repair Cafe & Coffee Shop Furniture & Home Goods Barber Shop Locksmith

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

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
View Realmo Analytics

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?
Quadplex - Two apartments feature LVP flooring, while covered parking and basement storage support daily operations.
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 $399,900.
What are key features of this property?
This property features: Four‑unit multifamily property on a 0.3‑acre parcel; Two apartments updated with durable LVP flooring; Unit 1 expected to become vacant for potential owner occupancy
More about this property
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