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Historic Live-Work Property
New
For Sale
$264,900

520 E Walworth Avenue, Delavan, WI 53115

Century-era character, office areas, a separate apartment, basement, garage, and parking support flexible owner-user or rental use.

Property SizeContact for details
Days on Market7

Property Features for 520 E Walworth Avenue

General Information

Standard status Active
Property subtype Residential Income

Property Condition

Severity Repairs Needed
Evidence due for updates

Units

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

Taxes and HOA fees

Annual Taxes $3,652

Building Details

Buildings 1
Listing Agency: Custom Fit Realty, LLC
Listed By: Susan Dakins
Source: Exprealty
Added: Aug 27 Changed: Sep 1 Last Checked: Sep 1 at 8:33PM

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 Custom Fit Realty, LLC

Investment Insights

Based on property information with market context.

This live-work property at 520 E Walworth Avenue combines a historic century home with dedicated business areas and a separate residential apartment. The main level includes an enclosed porch, reception office, conference room, powder room, back office, screened porch, and storage. Original wood floors, built-ins, a grand staircase, and 100+ year-old woodwork provide distinctive architectural character. A full basement adds storage and utility space.

The upper level contains a separate 2-bedroom, 1-bath apartment with laundry, creating residential income or owner-occupant potential. A detached 1.5-car garage and ample parking are also included. The property has been well maintained but requires updates and is offered As Is, providing a renovation-oriented live-work configuration in downtown Delavan.

Key Highlights

  • Separate 2‑bedroom, 1‑bath apartment with laundry
  • Main level includes reception office, conference room, back office, and storage
  • Original wood floors, built‑ins, grand staircase, and 100+ year‑old woodwork

Property Analytics

Current Use

Wynn at Law LLC Law Firm

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Barber Shop Electrical Service Daycare Center Carpet & Flooring Store

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

475
Businesses Nearby

Demographics for 53115, WI

15,884
Population
8,848
Households
1.8
Avg Household Size
43
Median Age
25%
College-Educated
89%
High-School Grad
71.9 sq mi
ZIP Area
221
Density / Sq Mi
$70,880
Median Household Income
$38,871
Median Earnings
$1,012
Median Rent
$225,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Live-work space - Century-era character, office areas, a separate apartment, basement, garage, and parking support flexible owner-user or rental use.
Where is this live-work space located?
The property is located at 520 E Walworth Avenue Delavan, WI.
What is the asking price?
The asking price for this property is $264,900.
What are key features of this property?
This property features: Separate 2‑bedroom, 1‑bath apartment with laundry; Main level includes reception office, conference room, back office, and storage; Original wood floors, built‑ins, grand staircase, and 100+ year‑old woodwork
More about this property
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