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Updated Four-Unit Multifamily Property

42785 Us Highway 63 #1-4, Cable, WI 54821

For Sale
New
$599,000

Two unit layouts include a larger option with a three-season porch and owner-use potential.

Property Size3,990 SF
Price / SF$150.13
Days on Market7

Property Features for 42785 Us Highway 63 #1-4

General Information

Standard status Active
Size 3,990 SF
Property subtype Residential Income
Zoning Commercial

Units

Unit Mix 2 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 4

Additional Details

Cap Rate 7%

Taxes and HOA fees

Annual Taxes $3,024

Building Details

Building Size 3,990 SF
Year Built 1970
Year Renovated 2023
Units 4
Listing Agency: McKinney Realty LLC
Listed By: Scott McKinney · License #46244-94
Source: Birchlandrealty
Added: Nov 3 Changed: Nov 4 Last Checked: Nov 8 at 7:11PM

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 McKinney Realty LLC

Rey
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Investment Insights

Based on property information with market context.

This four-unit multifamily property contains two two-bedroom, one-bath units and two one-bedroom, one-bath units. Three units were completed in 2023, and the fourth was updated that year. The property also includes a three-season porch adjoining the upper two-bedroom unit, plus carpeted storage and multipurpose owner space on the lower level. The building was constructed in 1970 and measures 3,990 square feet. Commercial zoning is in place.

The property is at 42785 US Highway 63 in Cable, Wisconsin, just south of Cable and convenient to employment opportunities in Hayward. Its setting includes a backyard and woodline, with westerly views from the porch.

Key Highlights

  • Four units: two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units
  • Three units completed in 2023; the fourth unit updated in 2023
  • 3,990‑square‑foot building constructed in 1970

Property Analytics

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

Frequently Asked Questions

What type of property is this?
Quadplex - Two unit layouts include a larger option with a three-season porch and owner-use potential.
Where is this quadplex located?
The property is located at 42785 Us Highway 63 #1-4 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 units: two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units; Three units completed in 2023; the fourth unit updated in 2023; 3,990‑square‑foot building constructed in 1970
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