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8-Unit Apartment Building
New
For Sale
$650,000

403 W Saint George Avenue, Grantsburg, WI 54840

Four units have been renovated, and rents have increased.

Property SizeContact for details
Days on Market4

Property Features for 403 W Saint George Avenue

General Information

Standard status Active
Property subtype Commercial
Zoning Residential-Multi-Family

Additional Details

Multifamily Units 8
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $5,378

Building Details

Year Built 1962
Units 8
Listing Agency: RE/MAX Synergy
Listed By: Miranda Gray
Source: Getyoumoved
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 6:04PM

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 RE/MAX Synergy

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Investment Insights

Based on property information with market context.

This 8-unit apartment property was built in 1962 and is zoned Residential-Multi-Family. Four units have been renovated, and rents have increased. The property also includes storage, identified as a potential source of additional income.

Key Highlights

  • 8‑unit apartment property
  • Four units renovated
  • Rents increased

Property Analytics

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Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

184
Businesses Nearby

Demographics for 54840, WI

4,702
Population
2,770
Households
1.7
Avg Household Size
48
Median Age
20%
College-Educated
92%
High-School Grad
255.2 sq mi
ZIP Area
18
Density / Sq Mi
$63,988
Median Household Income
$38,865
Median Earnings
$833
Median Rent
$180,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Four units have been renovated, and rents have increased.
Where is this apartment building located?
The property is located at 403 W Saint George Avenue Grantsburg, WI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 8‑unit apartment property; Four units renovated; Rents increased
More about this property
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