New Construction Apartment
For Sale
Contact for pricing
425 W 8th St, New Richmond, WI 54017
Six condominium residences feature attached garages, upgraded finishes, and a layout suited to lease-up.
Property SizeContact for details
Days on Market108
Property Features for 425 W 8th St
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
97%
Units
Unit Mix
4 x 3BR/2.5BA, 2 x 2BR/2.5BA
Multifamily Units
6
Additional Details
Highway Access
Yes
Amenities
stainless steel appliances
custom tiled bathrooms
central air and heating
digital WiFi thermostats
energy efficient HVAC
kitchen quartz countertops
waterfall island countertops
Marcus & Millichap is Proud to Present this Exclusive Listing of the Falcon Glen Luxury Condominiums, a New Construction Six-Condominium Building that's Prepared for Lease-Up and Development.
The Unit Mix of this New Construction Building is Comprised of Four 3-Bedroom/2.5-Bathroom and Two 2-Bedroom/2.5 Bathroom Condominiums.
There's Multiple Exit Strategies for a Buyer, Between Selling Individual Parcels or as a Portfolio, and Further Development.
Building Details
Buildings
1
Units
6
Listing Agency:
(952) 852-9730
Listed By:
Scott M. Anderson · License #License(s): WI: 89852-94, MN: 40666907
(952) 852-9730
Source:
Marcusmillichap
Added: May 14
Changed: Aug 29
Last Checked: Aug 29 at 1:09PM
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 Scott M. Anderson
Investment Insights
Based on property information with market context.
This new-construction apartment building contains six condominium residences: four with three bedrooms and two-and-a-half bathrooms, plus two with two bedrooms and two-and-a-half bathrooms. Each residence includes an attached single-stall garage and additional parking. Interior features include stainless steel appliances, quartz kitchen countertops with waterfall islands, custom-tiled bathrooms, central air and heating, digital WiFi thermostats, and energy-efficient HVAC equipment. The building is prepared for lease-up and is also associated with future multifamily development plans.
The property is located in New Richmond, Wisconsin, within the Minneapolis-Saint Paul MSA. Highway 64 and I-94 provide access toward the Twin Cities and Wisconsin destinations, while Highway 65 and Highway 35 connect north toward Duluth. The site is near a local hospital, senior living buildings, a grocery store, and downtown. Saint Croix County has experienced recent population growth, and farmland surrounding New Richmond is being annexed for future development.
The property is located in New Richmond, Wisconsin, within the Minneapolis-Saint Paul MSA. Highway 64 and I-94 provide access toward the Twin Cities and Wisconsin destinations, while Highway 65 and Highway 35 connect north toward Duluth. The site is near a local hospital, senior living buildings, a grocery store, and downtown. Saint Croix County has experienced recent population growth, and farmland surrounding New Richmond is being annexed for future development.
Key Highlights
- Six‑condominium building with four 3‑bedroom/2.5‑bath units and two 2‑bedroom/2.5‑bath units
- Every residence includes an attached single‑stall garage plus additional parking
- New construction with stainless steel appliances, quartz countertops, waterfall islands, and custom‑tiled bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
591
Businesses Nearby
Explore this area
Business Placement
Demographics for 54017, WI
19,816
Population
7,807
Households
2.5
Avg Household Size
38
Median Age
34%
College-Educated
94%
High-School Grad
139.3 sq mi
ZIP Area
142
Density / Sq Mi
$99,804
Median Household Income
$53,382
Median Earnings
$1,140
Median Rent
$301,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Six condominium residences feature attached garages, upgraded finishes, and a layout suited to lease-up.
Where is this apartment building located?
The property is located at 425 W 8th St New Richmond, WI.
What are key features of this property?
This property features: Six‑condominium building with four 3‑bedroom/2.5‑bath units and two 2‑bedroom/2.5‑bath units; Every residence includes an attached single‑stall garage plus additional parking; New construction with stainless steel appliances, quartz countertops, waterfall islands, and custom‑tiled bathrooms
