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12-Unit Apartment Building
For Sale
$949,900

705 Washington Avenue, Niagara, WI 54151

Partially completed multifamily project with similar layouts, shared laundry, and major building systems already installed.

Property SizeContact for details
Days on Market97

Property Features for 705 Washington Avenue

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $4,605
Listing Agency: Trimberger Realty, LLC
Listed By: Charity Bayer · License #9467738
Source: Exprealty
Added: May 28 Changed: Aug 30 Last Checked: Aug 31 at 5:53PM

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 Trimberger Realty, LLC

Investment Insights

Based on property information with market context.

This under-construction apartment complex is configured for 12 units, with each residence planned as a two-bedroom, one-bath layout. The buildings are fully framed and mostly drywalled, with plumbing and electrical work in place. Four gas forced-air/Central Air units and newer Pella windows are also included in the existing improvements.

Two primary entrances and two side entrances connect to a main hallway serving the units. A shared area is planned for commercial laundry. Materials remaining at the property include drywall, plaster, insulation, and siding, providing supplies for continued construction. The property currently operates with one water, gas, and electrical connection. A vacant lot to the north is available for an addition.

Key Highlights

  • 12‑unit apartment complex with two‑bedroom, one‑bath layouts
  • Framing complete and most drywall installed
  • Plumbing and electrical systems are in place

Property Analytics

Current Use

Northeast Wisconsin Technical College Bay Area Work ... Association Or Organization

Suggested Use

Top Pick Electrical Service Law Firm Big Box & Wholesale Store Grocery & Convenience Store (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

136
Businesses Nearby

Demographics for 54151, WI

3,515
Population
1,922
Households
1.8
Avg Household Size
49
Median Age
17%
College-Educated
93%
High-School Grad
129.1 sq mi
ZIP Area
27
Density / Sq Mi
$69,076
Median Household Income
$43,351
Median Earnings
$804
Median Rent
$130,300
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 - Partially completed multifamily project with similar layouts, shared laundry, and major building systems already installed.
Where is this apartment building located?
The property is located at 705 Washington Avenue Niagara, WI.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: 12‑unit apartment complex with two‑bedroom, one‑bath layouts; Framing complete and most drywall installed; Plumbing and electrical systems are in place
More about this property
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