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6-Unit Rental Property with Private Entrances
For Sale
$369,900
Pending

510 North 4th Street, Watertown, WI 53094

Fully occupied 6-unit rental with private entrances and a backyard, generating $4,100/month in rent.

Property Size5,227 SF
Days on Market77

Property Features for 510 North 4th Street

General Information

Standard status Pending
Size 5,227 SF
Property subtype Multi-Family / Multi-Family
Occupancy 100%
Net Operating Income $4,100

Additional Details

Multifamily Units 6

Amenities

Walk Out/Outer Door, Full, Yes
Wood, Brick

Building Details

Year Built 1885
Tenancy Multi
Listing Agency: Realty Executives Platinum
Listed By: Bradley Kuenzi · License #51099-90
Source: Compass
Added: Jun 21 Changed: Aug 8 Last Checked: Jul 27 at 11:53AM

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 Realty Executives Platinum

Investment Insights

Based on property information with market context.

This well-maintained 6-unit rental property is fully occupied and currently generating $4,100 per month in rental income. The building features private entrances and an inviting backyard, and the property is described as updated.

Located at 510 North 4th Street in Watertown, WI, the property is positioned in the heart of the area, with shopping, dining, and entertainment noted as walkable.

The available information supports a straightforward rental setup across six units within an updated, investor-ready residential income property. Interested parties can arrange a private showing to review the premises and current tenant situation.

Key Highlights

  • Fully occupied 6‑unit rental property generating $4,100/month in rent
  • Built in 1885 with wood and brick construction
  • Basement with walk‑out/outer door access and full basement

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store Garden Center

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

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

732
Businesses Nearby

Demographics for 53094, WI

18,510
Population
7,387
Households
2.5
Avg Household Size
39
Median Age
22%
College-Educated
92%
High-School Grad
88.8 sq mi
ZIP Area
208
Density / Sq Mi
$71,973
Median Household Income
$40,673
Median Earnings
$1,039
Median Rent
$223,900
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 - Fully occupied 6-unit rental with private entrances and a backyard, generating $4,100/month in rent.
Where is this apartment building located?
The property is located at 510 North 4th Street Watertown, WI.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Fully occupied 6‑unit rental property generating $4,100/month in rent; Built in 1885 with wood and brick construction; Basement with walk‑out/outer door access and full basement
More about this property
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