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Updated Four-Unit Quadplex
New
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 Market1

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 Last Checked: Aug 28 at 3:06PM
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 residential units: two with two bedrooms and one bathroom each, plus two one-bedroom, one-bath units. Three apartments were completed in 2023, while the remaining unit received updates during the same period. Improvements include modern finishes and refreshed systems, with in-unit laundry appliances and kitchen equipment including ranges, ovens, refrigerators, and dishwashers. The building has forced-air heat, central air, wood siding, porches, driveway parking, and a basement.

Built in 1970, the property is located at 42785 US Highway 63 in Cable, Wisconsin. Utilities include a private well and septic tank. The property is positioned south of Cable, with access to outdoor recreation in the area and employment opportunities in Hayward. Current performance is reported at a 7% cap rate.

Key Highlights

  • 3,990 SF quadplex on 1.27 acres
  • Four units: two 2‑bedroom/1‑bath and two 1‑bedroom/1‑bath apartments
  • Three units completed in 2023; the fourth was updated at that time

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service Plumbing Service Building Supply Auto Repair Shop 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

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 - Four-unit rental property with refreshed interiors, central air, private well, and septic service near Cable.
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: 3,990 SF quadplex on 1.27 acres; Four units: two 2‑bedroom/1‑bath and two 1‑bedroom/1‑bath apartments; Three units completed in 2023; the fourth was updated at that time
More about this property
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