Multifamily

Elkhorn, WI Multifamily Properties for Sale

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One-Level Triplex With Parking
Updated: Jun 13
One-Level Triplex With Parking

N6720 Highway 12, Elkhorn, WI 53121

$264,900
1,800 sqft 4.50 AC lot
One‑level triplex on 4.5 acres with ample outside parking
Separate heat controls for each unit; radiant electric heat
Septic and well utilities on the property
Recent new roof plus some unit remodels
Included appliances: washer, dryer, 3 refrigerators, and 3 ranges
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Duplex with Easy Single-Family Conversion
Updated: May 15
Duplex with Easy Single-Family Conversion

120 South Washington Street, Elkhorn, WI 53121

$325,000
2,100 sqft
Duplex home on a 0.25‑acre lot with an easy ability to convert back to a single‑family home
1880 build with brick and wood construction
Two 2‑bedroom units (U1 and U2), each with 1 full bath
Approx. 2,100 total SF and approx. 1,000 SF per unit
Crawl space with partial basement
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Downtown Mixed-Use Retail Building
Downtown Mixed-Use Retail Building

18 S Wisconsin St 16, Elkhorn, WI 53121

Contact for pricing

Fully occupied building includes two storefront businesses and three upper 1-bedroom apartments with a dry full basement for storage.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Elkhorn, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Building Apartment Investment
Two-Building Apartment Investment

1128 Wisconsin Street, Lake Geneva, WI 53147

$1,400,000
15,246 sqft

This 8-unit multifamily property includes upgrades and two buildings located at separate addresses.

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Multifamily Property
Multifamily Property

248 W Chestnut St, Burlington, WI 53105

$389,000
0.16 AC lot

Zoned RES and built in 1900 on a 0.16-acre site in Burlington, WI.

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Restaurant and Bar with Apartments
Restaurant and Bar with Apartments

501 Broad St, Lake Geneva, WI 53147

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Turn-key restaurant and bar offering 80-person seating, with three apartments above that are currently booked.

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Multi-Level Duplex with Basements
Multi-Level Duplex with Basements

941 Midwood Dr, Burlington, WI 53105

$389,900

Spacious duplex with private basements and separate driveways.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land For Sale, Lakemoor, IL
Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing
0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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University Park Developable Land
University Park Developable Land

976 Mesa Court, University Park, IL 60484

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3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Wooded Homesite in Wheatfield, Indiana
Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

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0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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Buildable Residential Lot with Pines
Buildable Residential Lot with Pines

Bollig Court lot: 2, Nekoosa, WI 54457

$35,000
2.45 AC lot

A wooded 2.45-acre lot with electric and fiber available at the lot line, suited for a home or cabin.

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Elkhorn, WI Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Elkhorn, WI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,900 square feet of properties for sale, with an estimated market value of $589,900.

Sale prices for multifamily properties in Elkhorn, WI start at $264,900, averaging $294,950, and reaching up to $325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Triplexes 2
Duplexes 1

Demographics Overview

Population 19K
Population Growth (5Y) -0.4%
Median Household Income $83,635
College Educated 41.6%

High-Yield Neighborhoods for Investment

Identify Elkhorn submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
53121 $295K

Taxes & Financing

Tax Rate (average for all types) 1.53%
Tax Rate vs County Average 0.04 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Walworth County

New Delisted

Total CRE Inventory on Market (SF)

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