30-Unit Apartment
New
For Sale
$2,300,000
326 7th St S, La Crosse, WI 54601
COMMERCIAL - La Crosse, WI
Property Size13,026 SF
Lot Size0.41 Acres
Price / SF$176.57
Days on Market3
Property Features for 326 7th St S
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C2, R6
Directions
Located on 7th Street just South of Cass Street
Standard status
Active
APN
017030072120
Size
13,026 SF
Lot size
0.41 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
37540
Amenities
coin-op laundry
storage
Building Details
Year built
1968
Architectural style
Other
Listing Agency:
Gerrard-Hoeschler, REALTORS
(608) 782-2300
Listed By:
Brian McCarty · License #80000-94
(608) 792-8451
Added: Aug 3
Changed: Aug 4
Last Checked: Aug 5 at 8:06PM
MLS# 1974555
Copyright © 2026 Metro MLS. 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.
Located at 326 7th St S in downtown La Crosse, this three-story apartment property contains 30 units within 13,026 square feet. The unit mix includes 12 one-bedroom apartments and 18 efficiency units. Built in 1968, the building features masonry construction, on-site coin-operated laundry, and storage areas. Most apartments have been remodeled under current ownership.
The offering also includes the lot at 620 Cameron Street. The property occupies approximately 0.41 acres and is identified in the source data with both C2 and R6 zoning designations; no zoning designation is stated here due to that conflict.
The offering also includes the lot at 620 Cameron Street. The property occupies approximately 0.41 acres and is identified in the source data with both C2 and R6 zoning designations; no zoning designation is stated here due to that conflict.
Key Highlights
- 30 units: 12 one‑bedroom apartments and 18 efficiency units
- 13,026‑square‑foot, three‑story apartment building
- Masonry construction with a roof 6 years old
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $204.8k | $15.72 |
| − Vacancy | −$12.3k | −$0.94 |
| EGI | $192.5k | $14.78 |
| − OpEx | −$86.6k | −$6.65 |
| NOI | $105.9k | $8.13 |
13,026 SF · lease $15.72/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.51M
$1.32M – $1.76M
NOI $105,865 @ 7.0% cap · market cap 4.60%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.85M
$2.49M – $3.32M
NOI $199,415 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
30
Residential units
Location Intelligence
Trade Area within ½ mile
2,722
Businesses Nearby
Explore this area
Business Placement
Demographics for 54601, WI
51,090
Population
22,652
Households
2.3
Avg Household Size
32
Median Age
40%
College-Educated
96%
High-School Grad
75.4 sq mi
ZIP Area
678
Density / Sq Mi
$60,078
Median Household Income
$31,143
Median Earnings
$998
Median Rent
$220,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-story multifamily property with a mix of one-bedroom and efficiency apartments, on-site laundry, and dedicated storage.
Where is this apartment building located?
The property is located at 326 7th St S La Crosse, WI.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 30 units: 12 one‑bedroom apartments and 18 efficiency units; 13,026‑square‑foot, three‑story apartment building; Masonry construction with a roof 6 years old
