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4-Unit Multifamily Property
For Sale
$599,000

42785 US Highway 63, Cable, WI 54821

ResidentialIncome, Cable, WI

Property Size3,990 SF
Lot Size1.27 Acres
Price / SF$150.13
Days on Market32

Property Features for 42785 US Highway 63

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description Commercial
Rooms Basement
Parking features Driveway
Patio and Porch features Porch
Appliances Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
Elementary school district Drummond Area
Middle school district Drummond Area
High school district Drummond Area
Directions 1 mile south of Cable on US Highway 63
Standard status Active
APN 9636
Size 3,990 SF
Lot size 1.27 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PAR IN W 1/2 NE IN 2022R- 595778 SUBJ TO EASE 929A
Tax Annual Amount 3025
Legal Description PAR IN W 1/2 NE IN 2022R- 595778 SUBJ TO EASE 929A

Utilities

Sewer type Septic Tank
Heating system Forced Air
Cooling system Central Air
Water source Well

Building Details

Year built 1970
Number of units 4
Building materials WoodSiding
Listing Agency: McKinney Realty LLC
Listed By: Scott McKinney · License #46244-94
Added: Aug 28 Changed: Sep 25 Last Checked: Sep 28 at 3:06AM
MLS# 1604641

Copyright © 2026 REALTORS® Association of Northwestern Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,990-square-foot quadplex on 1.27 acres contains four apartments: two with two bedrooms and one bath, and two with one bedroom and one bath. Three units were completed in 2023, and the fourth received updates that year. The upper-level two-bedroom apartment has a three-season porch with west-facing views toward the backyard and tree line. A carpeted basement area provides storage and additional multipurpose space. The property was built in 1970 and has forced-air heat, central air, a well, septic service, and driveway parking.

Located just south of Cable, the property is near an area known for outdoor recreation and is convenient to employment in Hayward. The reported cap rate is 7%.

Key Highlights

  • Four apartments: two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units
  • 3,990 square feet on 1.27 acres
  • Three units completed in 2023; the remaining unit was updated that year

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service Plumbing Service Auto Repair Shop Building Supply Storage Facility Kitchen & Bath Showroom

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby

Demographics for 54821, WI

1,413
Population
1,766
Households
0.8
Avg Household Size
61
Median Age
36%
College-Educated
98%
High-School Grad
186.9 sq mi
ZIP Area
8
Density / Sq Mi
$58,352
Median Household Income
$30,179
Median Earnings
$831
Median Rent
$274,200
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
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Frequently Asked Questions

What type of property is this?
Quadplex - A mix of one- and two-bedroom residences includes an upper-level home with a three-season porch.
Where is this quadplex located?
The property is located at 42785 US Highway 63 Cable, WI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Four apartments: two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units; 3,990 square feet on 1.27 acres; Three units completed in 2023; the remaining unit was updated that year
More about this property
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