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5-Unit Apartment Building
New
For Sale
$300,000

349 FOREST Avenue, Fond du Lac, WI 54935

Residential Income, FOND DU LAC, WI

Property Size3,875 SF
Lot Size0.24 Acres
Price / SF$77.42
Days on Market3

Property Features for 349 FOREST Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Commercial
Lot features Corner Lot, Near Bus Line, Sidewalk
Elementary school district Fond du Lac
Middle school district Fond du Lac
High school district Fond du Lac
Directions I-41 to WI-23 E/W Johnson St Fond du Lac, Exit 99 from I-41, Continue on WI-23 E/W Johnson St to Forest Ave, Left onto Forest Ave, Property on Left
Standard status Active
APN FDL-15-17-10-33-515-00
Size 3,875 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3254

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Radiant
Water source Public

Amenities

front covered porch

Building Details

Year built 1900
Number of units 5
Building materials Aluminum Siding
Listing Agency: Keller Williams Fox Cities · Keller Williams Realty
Listed By: Christopher J. Mokler
Added: Oct 12 Changed: Oct 14 Last Checked: Oct 14 at 9:06AM
MLS# 50334183

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-story, 5-unit apartment building contains 3,875 square feet on a 0.24-acre corner lot. Four apartments are occupied, and one is vacant. The building dates to 1900 and has aluminum siding, hot-water and radiant heating, and two shared entrances serving the second and third floors. All five water heaters were replaced in June 2025.

On-site parking serves the property, which is located a few blocks from Taylor Park and Pool. The site has Commercial zoning and public water and sewer service.

Key Highlights

  • Five apartments across three stories, with 3,875 square feet of building area
  • Four units occupied; one unit vacant
  • All five water heaters replaced in June 2025

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Daycare Center Real Estate Agency Electrical Service Catering Service Tech Support Center Cosmetic 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

5
Residential units

Location Intelligence

Trade Area within ½ mile

663
Businesses Nearby

Demographics for 54935, WI

42,513
Population
19,115
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
91%
High-School Grad
15.6 sq mi
ZIP Area
2,725
Density / Sq Mi
$63,060
Median Household Income
$41,338
Median Earnings
$880
Median Rent
$166,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Three floors contain five apartments, with four occupied and one available for a new use.
Where is this apartment building located?
The property is located at 349 FOREST Avenue Fond du Lac, WI.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Five apartments across three stories, with 3,875 square feet of building area; Four units occupied; one unit vacant; All five water heaters replaced in June 2025
More about this property
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