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Updated Duplex with Off-Street Parking
New
For Sale
$338,500

404 S Main Street, Deerfield, WI 53531

Multi Family, Deerfield, WI

Property SizeContact for details
Lot Size0.39 Acres
Days on Market3

Property Features for 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 1, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 5, Bedroom 7, Bathroom 3, Bathroom 2, Bathroom 4, 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 with 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: Oct 14 Changed: Oct 16 Last Checked: Oct 16 at 7:06PM
MLS# 2034659

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.

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Investment Insights

Based on property information with market context.

This residential duplex contains two units: one with 3 bedrooms and 1.5 baths, and the other with 4 bedrooms and 1.5 baths. Both units are vacant. Reported improvements include a new roof, windows, electrical, kitchen cabinets and countertops, appliances, bathrooms, and flooring. A large basement has separate laundry hookups for each unit, and heating is radiant.

The property occupies a 0.39-acre lot and includes off-street parking and a large yard. Built in 1930, the duplex is zoned Res and is located at 404 S Main Street in Deerfield, Wisconsin.

Key Highlights

  • Two units: one 3‑bedroom, 1.5‑bath unit and one 4‑bedroom, 1.5‑bath unit
  • Both residences are vacant
  • Updates include roof, windows, electrical, kitchens, appliances, bathrooms, and flooring

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
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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?
Duplex - Two vacant residences offer separate laundry hookups and flexibility to occupy one unit while leasing the other.
Where is this duplex located?
The property is located at 404 S Main Street Deerfield, WI.
What is the asking price?
The asking price for this property is $338,500.
What are key features of this property?
This property features: Two units: one 3‑bedroom, 1.5‑bath unit and one 4‑bedroom, 1.5‑bath unit; Both residences are vacant; Updates include roof, windows, electrical, kitchens, appliances, bathrooms, and flooring
More about this property
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