Remodeled 4-Unit Multifamily
For Sale
$350,000
328 N Old 53rd Street, New Auburn, WI 54757
COMMERCIAL - New Auburn, WI
Property Size4,500 SF
Lot Size0.27 Acres
Price / SF$77.78
Days on Market55
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
Building Details
Year built
1955
Building materials
MetalSiding
Listing Agency:
eXp Realty LLC
(866) 848-6990
Listed By:
Ethan Trowbridge · License #97798-94
(715) 797-6631
Added: Jun 17
Changed: Aug 4
Last Checked: Aug 10 at 11:06PM
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.
Investment Insights
Based on property information with market context.
This remodeled 4-unit multifamily property offers four separate units in a single building. Updates include new siding, a new roof, updated electrical throughout, and installation of a new driveway. The property also includes new storage units.
Each unit has been upgraded with washers and dryers, furnaces, water heaters, carpet, front doors, and decks. Two units also include brand-new central A/C systems. Off-street parking is available for residents.
The building is a practical fit for buyers seeking a small residential income property with extensive capital improvements already in place. With in-unit laundry and updated heating and hot water equipment in every unit, the configuration is well-suited for tenants who want functional day-to-day convenience. Interested parties should confirm occupancy details and all information during their own due diligence.
Each unit has been upgraded with washers and dryers, furnaces, water heaters, carpet, front doors, and decks. Two units also include brand-new central A/C systems. Off-street parking is available for residents.
The building is a practical fit for buyers seeking a small residential income property with extensive capital improvements already in place. With in-unit laundry and updated heating and hot water equipment in every unit, the configuration is well-suited for tenants who want functional day-to-day convenience. Interested parties should confirm occupancy details and all information during their own due diligence.
Key Highlights
- Remodeled 4‑unit property in New Auburn
- 3/4 occupied and generating immediate income
- Recent improvements include new siding, new roof, updated electrical, and a new driveway
Property Analytics
Property Profile
Current Use
Lease Details
75%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Remodeled 4-unit building with updated mechanicals and in-unit laundry, supported by off-street parking.
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: Remodeled 4‑unit property in New Auburn; 3/4 occupied and generating immediate income; Recent improvements include new siding, new roof, updated electrical, and a new driveway
