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12-Unit Apartment Buildings with Storage
For Sale
$1,599,000

405 E Truth St Unit 1, Shullsburg, WI 53586

Four townhouse-style buildings offer updated units, accessible features, shared laundry, and on-site parking in a rural setting.

Property SizeContact for details
Days on Market63

Property Features for 405 E Truth St Unit 1

General Information

Standard status Active
Total Parking Spaces 25
Property subtype Multi-Family

Additional Details

Multifamily Units 12

Amenities

private storage
shared laundry facility
accessible units
accessible parking

Building Details

Year Built 1993
Buildings 4
Construction slab-on-grade
Listing Agency: REMAX RealPros
Listed By: Sally Luehman · License #5481490
Source: Madisonareahomelistings
Added: Jul 1 Changed: Aug 31 Last Checked: Aug 31 at 5:24PM

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 REMAX RealPros

Investment Insights

Based on property information with market context.

This 12-unit apartment property comprises four townhouse-style buildings constructed with slab-on-grade foundations in 1993. The asset includes several updated units, accessible units and parking, individual 4' x 6' tenant storage areas, and approximately 25 off-street parking spaces. A shared laundry room contains two newer coin-operated washers and two newer coin-operated dryers. On-site maintenance assistance is available if desired.

The property is located at 405 E Truth St Unit 1 in Shullsburg, Wisconsin. Dubuque is approximately 30 minutes away, while Platteville is approximately 25 minutes away. The combination of multiple residential buildings, tenant storage, parking, laundry facilities, and unit updates provides a defined multifamily configuration.

Key Highlights

  • 12‑unit multifamily property in four townhouse‑style buildings
  • Built in 1993 with slab‑on‑grade construction and a newer roof
  • Several units updated; accessible units and parking included

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Electrical Service Bakery Law Firm (Bike/Boat/Book/etc) Store Building Supply

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

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Four townhouse-style buildings offer updated units, accessible features, shared laundry, and on-site parking in a rural setting.
Where is this apartment building located?
The property is located at 405 E Truth St Unit 1 Shullsburg, WI.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: 12‑unit multifamily property in four townhouse‑style buildings; Built in 1993 with slab‑on‑grade construction and a newer roof; Several units updated; accessible units and parking included
More about this property
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