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5-Unit Apartment Complex
For Sale
$475,000

328 8th Street South, La Crosse, WI 54601

Well-maintained five-unit complex with separate electric meters and coin-operated laundry.

Property Size8,712 SF
Price / SF$54.52
Days on Market207

Property Features for 328 8th Street South

General Information

Standard status Active
Size 8,712 SF
Property subtype Multi-Family / Multi-Family

Amenities

Crawl Space, Full, Yes
Low Maintenance Trim, Other, Vinyl

Building Details

Year Built 1890
Listing Agency: Coldwell Banker River Valley, REALTORS
Listed By: Adam M Weissenberger · License #81694-94
Source: Compass
Added: Feb 11 Changed: Aug 8 Last Checked: Jul 22 at 5:48PM

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 Coldwell Banker River Valley, REALTORS

Investment Insights

Based on property information with market context.

This meticulously maintained five-unit apartment complex is fully rented and offered as a turnkey investment. The property features separate electric meters that shift electric utility costs to tenants, helping reduce landlord overhead. A dedicated laundry facility with coin-service machinery provides an additional source of on-site revenue. Recent improvements include a high-efficiency boiler, an approximately 8-year-old roof, and updated electrical panels. The building also has spray-in insulation and insulated piping.

The complex is positioned minutes from the downtown core and near universities.

Landlord pays water.

Key Highlights

  • 5‑unit complex that is fully rented
  • Separate electric meters help shift electricity costs to tenants
  • Coin‑operated laundry facility with coin‑service machinery provides added income

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Locksmith Grocery & Convenience Store Home Appliance Store

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

2,722
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained five-unit complex with separate electric meters and coin-operated laundry.
Where is this apartment building located?
The property is located at 328 8th Street South La Crosse, WI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 5‑unit complex that is fully rented; Separate electric meters help shift electricity costs to tenants; Coin‑operated laundry facility with coin‑service machinery provides added income
More about this property
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