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11-Unit Apartment Building
For Sale
$330,000

506 FOREST HOME Drive, Francis Creek, WI 54214

MULTI_FAMILY - FRANCIS CREEK, WI

Property Size3,728 SF
Lot Size1.04 Acres
Price / SF$88.52
Days on Market18

Property Features for 506 FOREST HOME Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Commercial,Multi-Family(
Parking 3
Lot features Sidewalk
Elementary school district Mishicot
Middle school district Mishicot
High school district Mishicot
Directions Hwy 43 to Hillcrest Road Exit, Francis Creek. East to Packer Drive. North to Forest Home Drive. Right on Forest Home Drive, property is on Left.
Standard status Active
APN 032-014-011-014.00
Size 3,728 SF
Lot size 1.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5726

Utilities

Sewer type Public Sewer
Heating system Radiant, Forced Air
Water source Well

Building Details

Year built 1900
Number of units 5
Building materials Aluminum Siding, Brick
Listing Agency: Shorewest, Realtors
Listed By: Joseph R. Moore · License #91936003
Added: Jul 16 Changed: Aug 1 Last Checked: Aug 2 at 1:06AM
MLS# 50329286

Copyright © 2026 Realtor Association of Northeast 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 11-unit apartment building includes a residential mix of five apartment units with private baths plus six individual rental rooms that share a common bath, creating flexible rental options. The property also features a former supper club component with a spacious bar and commercial kitchen equipment, along with furnishings and dinnerware. On the building systems side, plumbing, HVAC, and electrical updates have been completed, with continued cosmetic improvements offering room for further enhancement. Heating is provided by forced air and radiant systems, and the property was built in 1900.

The property sits on a 1.04-acre lot with 3,728 square feet of building area. Construction materials include aluminum siding and brick. Water service is from a well, and sewer service is public sewer.

Room sizes are approximate and should be verified by the buyer.

Key Highlights

  • 1.04‑acre lot with 3,728 SF building area
  • Five apartment units with private baths plus six shared‑bath rental rooms
  • Former supper club with bar area and commercial kitchen equipment, furnishings, and dinnerware

Property Analytics

Current Use

Bowling alleys

Suggested Use

Top Pick Auto Repair Shop Plumbing Service Big Box & Wholesale Store Storage Facility Grocery & Convenience Store Bakery

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

11
Residential units

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby

Demographics for 54214, WI

442
Population
300
Households
1.5
Avg Household Size
44
Median Age
11%
College-Educated
97%
High-School Grad
0.5 sq mi
ZIP Area
884
Density / Sq Mi
$85,000
Median Household Income
$43,750
Median Earnings
$631
Median Rent
$237,500
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?
Apartment building - Residential units include private-bath apartments and shared-bath rooms, supported by well water and public sewer service.
Where is this apartment building located?
The property is located at 506 FOREST HOME Drive Francis Creek, WI.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 1.04‑acre lot with 3,728 SF building area; Five apartment units with private baths plus six shared‑bath rental rooms; Former supper club with bar area and commercial kitchen equipment, furnishings, and dinnerware
More about this property
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