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Three-Unit Multifamily Property
New
For Sale
$189,900

342 E GARFIELD Avenue, Marion, WI 54950

Residential Income, MARION, WI

Property Size3,100 SF
Lot Size0.16 Acres
Price / SF$61.26
Days on Market1

Property Features for 342 E GARFIELD Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family(3Units)
Elementary school district Marion
Middle school district Marion
High school district Marion
Directions Hwy 45 west to east on Ramsdoll Street. South on Garfield Avenue to property.
Standard status Active
APN 32 02 73 41
Size 3,100 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2819

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1971
Number of units 3
Building materials Brick, Vinyl Siding
Listing Agency: Adashun Jones, Inc.
Listed By: Frank Adashun · License #908264
Added: Sep 1 Last Checked: Sep 1 at 5:06PM
MLS# 50331988

Copyright © 2026 Realtor Association of Northeast 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 three-unit multifamily property in Marion includes 3,100 square feet on a 0.16-acre lot. Two units are occupied, while the lower-level residence is vacant and needs renovation. Unit 2 measures 1,325 square feet and includes a lower-level bonus room. The property is offered in as-is condition and is zoned Multi-Family(3Units).

Residents pay their own utilities, including water. The building was constructed in 1971 with brick and vinyl siding, forced-air heat, public water, and public sewer. Located at 342 E Garfield Avenue in Marion, the property provides a three-unit residential configuration with an existing occupied component and a vacant unit requiring work.

Key Highlights

  • Three‑unit property with two occupied units and one vacant lower‑level unit
  • 3,100 square feet on a 0.16‑acre lot
  • Unit 2 measures 1,325 square feet and includes a lower‑level bonus room

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Law Firm Hair Salon Dental Office Auto Repair Shop

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

89
Businesses Nearby

Demographics for 54950, WI

3,086
Population
1,357
Households
2.3
Avg Household Size
44
Median Age
12%
College-Educated
90%
High-School Grad
81.8 sq mi
ZIP Area
38
Density / Sq Mi
$65,815
Median Household Income
$41,875
Median Earnings
$732
Median Rent
$151,900
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?
Triplex - Brick and vinyl-sided income property with two occupied units, a vacant lower-level unit, and public utilities.
Where is this triplex located?
The property is located at 342 E GARFIELD Avenue Marion, WI.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Three‑unit property with two occupied units and one vacant lower‑level unit; 3,100 square feet on a 0.16‑acre lot; Unit 2 measures 1,325 square feet and includes a lower‑level bonus room
More about this property
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