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Eight-Unit Apartment Building
For Sale
$299,900

497a Lake Street, Montello, WI 53949

The single-level property has eight one-bedroom apartments and a central living and dining area.

Property SizeContact for details
Days on Market466

Property Features for 497a Lake Street

General Information

Standard status Active
Property subtype Multi Family Home
Zoning B3

Building Details

Year Built 1997
Stories 1
Units 1
Listing Agency: United Country Midwest Lifesty
Listed By: Terry Dixon · License #3960694
Source: Geigerrealtors
Added: Jul 17, 2025 Changed: Oct 23 Last Checked: Oct 23 at 4:53PM

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 United Country Midwest Lifesty

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Investment Insights

Based on property information with market context.

Built in 1997, this B3-zoned apartment property contains eight one-bedroom units on a single level. A central living and dining area, kitchen, private office, laundry, and pantry space are among the building’s features. The apartments have window air conditioning, and the building is equipped with electric heat and a sprinkler system. Two full bathrooms serve the property; Apartments 1 and 6 also have half baths.

The brick and vinyl exterior fronts a large lot with paved parking. Walk-out patios provide outdoor access. The property currently generates no income.

Key Highlights

  • Eight one‑bedroom apartments in a single‑level building
  • Built in 1997; B3 zoning
  • Central living and dining area, kitchen, private office, laundry, and pantry space

Location Intelligence

Trade Area within ½ mile

54
Businesses Nearby

Demographics for 53949, WI

6,084
Population
4,088
Households
1.5
Avg Household Size
51
Median Age
14%
College-Educated
91%
High-School Grad
165.1 sq mi
ZIP Area
37
Density / Sq Mi
$62,000
Median Household Income
$41,607
Median Earnings
$797
Median Rent
$202,200
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?
Apartment building - The single-level property has eight one-bedroom apartments and a central living and dining area.
Where is this apartment building located?
The property is located at 497a Lake Street Montello, WI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Eight one‑bedroom apartments in a single‑level building; Built in 1997; B3 zoning; Central living and dining area, kitchen, private office, laundry, and pantry space
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