Four-Unit Ranch Income
For Sale
$785,000
447 Merton Avenue, Hartland, WI 53029
Ranch style quadplex with separate entrances and separately metered units, including multiple 2- and 3-bedroom configurations.
Property Size21,780 SF
Price / SF$36.04
Days on Market363
Property Features for 447 Merton Avenue
General Information
Standard status
Active
Size
21,780 SF
Property subtype
Multi-Family / Multi-Family
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
4
Amenities
Crawl Space, Yes
Wood, Stone
Building Details
Year Built
1967
Construction
ranch style
Tenancy
Multi
Listing Agency:
Robert W. Flessas
(414) 350-8008
Listed By:
Robert W Flessas · License #39203-90
(414) 350-8008
Source:
Compass
Added: Aug 12, 2025
Changed: Aug 8
Last Checked: Jul 21 at 9:47PM
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 Robert W. Flessas
Investment Insights
Based on property information with market context.
Ranch style four-unit building features separate entrances for each unit. The mix includes one 1–3BR unit and three 2BR units, providing multiple floorplan options within the same property. Recent improvements include a new $12,000 boiler in 2025 and new PVC sewer piping to the street. The units are separately metered for electric.
The property is within walking distance to Sendik's and Walgreens, with easy access to Hwy 16.
Seller-paid utilities include gas to the boiler, sewer and water, and electricity for outdoor lighting and electric pumps for the boiler.
The property is within walking distance to Sendik's and Walgreens, with easy access to Hwy 16.
Seller-paid utilities include gas to the boiler, sewer and water, and electricity for outdoor lighting and electric pumps for the boiler.
Key Highlights
- Ranch‑style 4‑unit building with separate entrances
- Unit mix includes one 1‑3BR unit and three 2BR units plus 2 additional 3BR units
- 2025 upgrades: new $12,000 boiler and new PVC sewer piping to the street
Property Analytics
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
355
Businesses Nearby
Explore this area
Business Placement
Demographics for 53029, WI
21,239
Population
8,717
Households
2.4
Avg Household Size
43
Median Age
49%
College-Educated
98%
High-School Grad
37.6 sq mi
ZIP Area
565
Density / Sq Mi
$109,778
Median Household Income
$58,923
Median Earnings
$1,126
Median Rent
$449,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Ranch style quadplex with separate entrances and separately metered units, including multiple 2- and 3-bedroom configurations.
Where is this quadplex located?
The property is located at 447 Merton Avenue Hartland, WI.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Ranch‑style 4‑unit building with separate entrances; Unit mix includes one 1‑3BR unit and three 2BR units plus 2 additional 3BR units; 2025 upgrades: new $12,000 boiler and new PVC sewer piping to the street
