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4-Unit Quadplex with Laundry
For Sale
$214,900

341 National Avenue, Medford, WI 54451

Tenant-occupied multifamily property with kitchens, laundry access, yard space, and on-site parking.

Property Size493 SF
Price / SF$435.90
Days on Market9

Property Features for 341 National Avenue

General Information

Standard status Active
Size 493 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 1BR/1BA, 1 x 1+BR/1BA, 2 x 2BR/1BA
Multifamily Units 4

Amenities

on-site laundry
large yard
ample parking

Building Details

Year Built 1910
Listing Agency: Norwisrealty.Com LLC
Listed By: Kelly Weiler
Source: Familytreerealtyllc
Added: Aug 22 Changed: Aug 29 Last Checked: Aug 29 at 6:09PM

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 Norwisrealty.Com LLC

Investment Insights

Based on property information with market context.

This 4-unit multifamily property was built in 1910 and is configured with two upper-level apartments and two main-level apartments. The upper floor includes one 1-bedroom, 1-bath unit and one unit with 1+ bedroom and 1 bath. The main level contains two 2-bedroom, 1-bath units. Oak kitchen cabinetry, informal dining areas, and an on-site laundry option serve the apartments. Four refrigerators and four stoves are included with the property.

Long-term tenants are in place. The property also offers a large yard and ample on-site parking. Its setting is near a city park, schools, and a hospital, providing convenient access to several community destinations.

Key Highlights

  • 4‑unit property with long‑term tenants
  • Unit mix includes two 2‑bedroom, 1‑bath apartments, one 1‑bedroom, 1‑bath apartment, and one 1+ bedroom, 1‑bath apartment
  • Oak kitchens with informal dining areas

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Restaurant Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) 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.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

488
Businesses Nearby

Demographics for 54451, WI

11,514
Population
5,088
Households
2.3
Avg Household Size
43
Median Age
19%
College-Educated
92%
High-School Grad
336.3 sq mi
ZIP Area
34
Density / Sq Mi
$63,882
Median Household Income
$40,953
Median Earnings
$815
Median Rent
$198,500
Median Home Value

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 - Tenant-occupied multifamily property with kitchens, laundry access, yard space, and on-site parking.
Where is this quadplex located?
The property is located at 341 National Avenue Medford, WI.
What is the asking price?
The asking price for this property is $214,900.
What are key features of this property?
This property features: 4‑unit property with long‑term tenants; Unit mix includes two 2‑bedroom, 1‑bath apartments, one 1‑bedroom, 1‑bath apartment, and one 1+ bedroom, 1‑bath apartment; Oak kitchens with informal dining areas
More about this property
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