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Updated Duplex with Vacant Units
For Sale
$359,900

402-404 S Main Street, Deerfield, WI 53531

Multi Family, Deerfield, WI

Property SizeContact for details
Lot Size0.39 Acres
Days on Market75

Property Features for 402-404 S Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Res
Bedrooms 7
Bathrooms 4
Full bathrooms 2
Half bathrooms 2
Rooms Bedroom 6, Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 5, Bedroom 3, Bathroom 4, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 7
Parking features Off Street
Appliances 2
Elementary school Deerfield
Middle school Deerfield
High school Deerfield
Elementary school district Deerfield
Middle school district Deerfield
High school district Deerfield
Directions Hwy 73 North, turns into S Main St
Subdivision DEERFIELD - V
Standard status Active
APN 0712-281-6982-3
Lot size 0.39 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4582

Utilities

Heating system Radiant

Amenities

laundry hookups

Building Details

Year built 1930
Number of units 2
Listing Agency: EXP Realty, LLC
Listed By: Alan Mikkelson · License #5564290
Added: Jul 15 Changed: Sep 23 Last Checked: Sep 27 at 9:06AM
MLS# 2025881

Copyright © 2026 REALTORS® Association of South Central 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 1930 duplex contains two vacant residences: one with 3 bedrooms and the other with 4 bedrooms, with 1.5 baths in each unit. Recent work includes a roof, windows, electrical service, kitchen cabinetry and countertops, appliances, bathrooms, and flooring. Radiant heating serves the property, while a full basement provides separate laundry hookups for the units.

The property sits on a 0.39-acre lot at 402-404 S Main Street in Deerfield, Wisconsin. Off-street parking and a large yard add to the site’s practical residential layout. Zoned Res, the vacant configuration allows an owner occupant to select future tenants or place both units into rental service.

Key Highlights

  • Two‑unit duplex with one 3‑bedroom residence and one 4‑bedroom residence
  • Each unit includes 1.5 baths
  • Recent updates include roof, windows, electrical, kitchens, bathrooms, flooring, and appliances

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Building Supply HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

174
Businesses Nearby

Demographics for 53531, WI

4,558
Population
1,612
Households
2.8
Avg Household Size
41
Median Age
39%
College-Educated
96%
High-School Grad
41.1 sq mi
ZIP Area
111
Density / Sq Mi
$105,156
Median Household Income
$54,693
Median Earnings
$1,094
Median Rent
$334,400
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units support owner occupancy or separate rental placement, with substantial improvements already completed.
Where is this duplex located?
The property is located at 402-404 S Main Street Deerfield, WI.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Two‑unit duplex with one 3‑bedroom residence and one 4‑bedroom residence; Each unit includes 1.5 baths; Recent updates include roof, windows, electrical, kitchens, bathrooms, flooring, and appliances
More about this property
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