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

405 E Truth Street, Shullsburg, WI 53586

Multi Family, Shullsburg, WI

Property SizeContact for details
Lot Size2.04 Acres
Days on Market96

Property Features for 405 E Truth Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-5
Parking features Parking Lot, Off Street
Appliances 12
Elementary school Shullsburg
Middle school Shullsburg
High school Shullsburg
Elementary school district Shullsburg
Middle school district Shullsburg
High school district Shullsburg
Directions US 151 S take CR-O exit, Exit 37 towards Mineral Point, turn left on CR-O turn right to stay on CR-O
Subdivision SHULLSBURG - C
Standard status Active
APN 281-0550-0000
Lot size 2.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 12446

Utilities

Heating system Forced Air

Amenities

accessible units and parking
private storage
shared laundry

Building Details

Year built 1993
Floors in Building 2
Number of units 12
Buildings 4
Listing Agency: REMAX RealPros · RE/MAX International
Listed By: Sally Luehman · License #5481490
Added: Jul 30 Changed: Oct 28 Last Checked: Nov 2 at 4:06AM
MLS# 2029297

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 12-unit apartment property consists of four townhouse-style buildings on 2.04 acres. Built in 1993 with slab-on-grade construction, the buildings have a newer roof and several updated units. Forced-air heating serves the property, and R-5 zoning is reported.

Residents have access to a shared laundry room with two newer coin-operated washers and dryers. Each tenant also has a private 4-by-6-foot storage area. Approximately 25 off-street parking spaces are provided, including accessible units and parking. On-site maintenance assistance is available if desired.

Key Highlights

  • 12 apartments in four townhouse‑style buildings
  • 2.04‑acre property with R‑5 zoning
  • Slab‑on‑grade construction; built in 1993

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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
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

Frequently Asked Questions

What type of property is this?
Apartment building - Four separate buildings offer shared laundry, tenant storage, and off-street parking in a rural setting.
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 in four townhouse‑style buildings; 2.04‑acre property with R‑5 zoning; Slab‑on‑grade construction; built in 1993
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved