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Remodeled 4-Unit Quadplex

328 N Old 53rd Street, New Auburn, WI 54757

For Sale
$350,000

CommercialSale, New Auburn, WI

Property Size4,500 SF
Lot Size0.27 Acres
Price / SF$77.78
Days on Market146

Property Features for 328 N Old 53rd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Rooms Basement
Subdivision Tarr & Amundsons Add
Elementary school district New Auburn
Middle school district New Auburn
High school district New Auburn
Directions Head north, Take the exit toward W Main St, Turn right onto W Main St, Turn left onto Old 53rd St, Destination will be on the right.
Standard status Active
APN 23110-0122-61320106
Size 4,500 SF
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3145

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Amenities

washers and dryers
decks
central A/C
storage units

Building Details

Year built 1955
Building materials MetalSiding
Listing Agency: eXp Realty LLC
Listed By: Ethan Trowbridge · License WI 97798-94
Added: Jun 17 Changed: Oct 20 Last Checked: Nov 9 at 10:06AM
MLS# 1602274

Copyright © 2026 REALTORS® Association of Northwestern 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 in New Auburn has been remodeled across its 4,500-square-foot layout and is 3/4 occupied. Recent work includes metal siding, a new roof, updated electrical service, a replacement driveway, and newly added storage units. Individual unit improvements include washers and dryers, furnaces, water heaters, carpeting, front doors, and decks. Two units also have new central A/C systems.

The property sits on a 0.27-acre lot at 328 N Old 53rd Street and includes off-street parking. Public water and public sewer serve the building, while forced-air heating supports the units. Built in 1955, the property also includes a basement and is generating income from its occupied units.

Key Highlights

  • 4‑unit quadplex with 4,500 square feet of property size
  • 3/4 occupied and generating income
  • 0.27‑acre lot with off‑street parking

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

4
Residential units
75%
Occupancy

Location Intelligence

Trade Area within ½ mile

67
Businesses Nearby

Demographics for 54757, WI

3,523
Population
2,207
Households
1.6
Avg Household Size
45
Median Age
22%
College-Educated
92%
High-School Grad
155.5 sq mi
ZIP Area
23
Density / Sq Mi
$66,500
Median Household Income
$39,693
Median Earnings
$898
Median Rent
$216,000
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 - Updated four-unit residential income property with public water and sewer, off-street parking, and recent exterior improvements.
Where is this quadplex located?
The property is located at 328 N Old 53rd Street New Auburn, WI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 4‑unit quadplex with 4,500 square feet of property size; 3/4 occupied and generating income; 0.27‑acre lot with off‑street parking
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