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Updated Duplex
For Sale
$348,500

402-404 S Main Street, Deerfield, WI 53531

Multi Family, Deerfield, WI

Property SizeContact for details
Lot Size0.39 Acres
Days on Market89

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 Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 7, Bedroom 5, Bedroom 6, Bathroom 1, Bathroom 4, Bedroom 3, Bathroom 2, Bedroom 4
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

basement
laundry hook-ups
yard

Building Details

Year built 1930
Number of units 2
Listing Agency: EXP Realty, LLC
Listed By: Alan Mikkelson · License #5564290
Added: Jul 15 Changed: Oct 3 Last Checked: Oct 11 at 5:06AM
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.

Built in 1930, this duplex contains two vacant residences: one with 3 bedrooms and 1.5 baths, and another with 4 bedrooms and 1.5 baths. Improvements include a new roof, windows, electrical system, kitchen cabinets and countertops, appliances, bathrooms, and flooring. A large basement has separate laundry hookups for each unit.

The property occupies 0.39 acres and is zoned Res. Off-street parking and a large yard are also part of the offering.

Key Highlights

  • Two vacant units: one with 3 bedrooms and 1.5 baths, the other with 4 bedrooms and 1.5 baths
  • New roof, windows, electrical, kitchen cabinets and countertops, appliances, bathrooms, and flooring
  • Large basement with separate laundry hookups

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 - Both residences are vacant and include separate laundry hookups in the basement.
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 $348,500.
What are key features of this property?
This property features: Two vacant units: one with 3 bedrooms and 1.5 baths, the other with 4 bedrooms and 1.5 baths; New roof, windows, electrical, kitchen cabinets and countertops, appliances, bathrooms, and flooring; Large basement with separate laundry hookups
More about this property
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