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12-Unit Townhouse Apartment Property
For Sale
$1,495,000

405 E Truth Street, Shullsburg, WI 53586

Four residential buildings include shared laundry, tenant storage, and off-street parking.

Property Size3,500 SF
Price / SF$427.14
Days on Market97

Property Features for 405 E Truth Street

General Information

Standard status Active
Size 3,500 SF
Total Parking Spaces 25
Property subtype Multi-Family
Zoning R-5

Additional Details

Multifamily Units 12

Amenities

accessible units and parking
private storage
shared laundry facility
Air conditioning,Balcony/patio,Dining room,Family/Rec rm,Individual heat control,Range/oven,Refrigerator,Separate Storage Unit Inc
7
6
4
11
900
2
12
13
1050
2 Space
1075
Forced air
3
1
12x12
U
No
Yes
9x12
Vinyl
Municipal sewer,Municipal water

Building Details

Year Built 1993
Buildings 4
Construction slab-on-grade
Listing Agency:
Listed By: Samanthia Ramsey Brunker
Source: Brunkerrealtygroup
Added: Jul 29 Changed: Oct 30 Last Checked: Oct 30 at 3:27PM

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 Samanthia Ramsey Brunker

Rey
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Investment Insights

Based on property information with market context.

Built in 1993, this 12-unit apartment property comprises four townhouse-style buildings with slab-on-grade construction. Several units have been updated, and accessible units and parking are provided. Unit features include air conditioning, individual heat control, balconies or patios, dining areas, and ranges and refrigerators. Each tenant has a private 4-by-6-foot storage space. A shared laundry area is equipped with two coin-operated washers and two dryers, and the property has approximately 25 off-street parking spaces. A newer roof and optional on-site maintenance assistance round out the property’s features.

The property is in a rural setting just outside Shullsburg, with Dubuque approximately 30 minutes away and Platteville about 25 minutes away. Zoning is R-5.

Key Highlights

  • 12 apartments across four townhouse‑style buildings
  • Approximately 25 off‑street parking spaces, including accessible parking
  • Private 4' x 6' storage space for each tenant

Property Analytics

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Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

123
Businesses Nearby

Demographics for 53586, WI

2,101
Population
968
Households
2.2
Avg Household Size
43
Median Age
18%
College-Educated
90%
High-School Grad
100.5 sq mi
ZIP Area
21
Density / Sq Mi
$65,658
Median Household Income
$38,750
Median Earnings
$977
Median Rent
$149,900
Median Home Value
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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 residential buildings include shared laundry, tenant storage, and off-street parking.
Where is this apartment building located?
The property is located at 405 E Truth Street Shullsburg, WI.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 12 apartments across four townhouse‑style buildings; Approximately 25 off‑street parking spaces, including accessible parking; Private 4' x 6' storage space for each tenant
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