$499,900

Estimated payment $3,030/month

Total Views 43
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Rare investment opportunity in the Village of Merrimac, just steps from beautiful Lake Wisconsin. This versatile mixed-use building features a large commercial office space on the ground level, laundromat potential, and seven fully rented apartments, providing multiple income streams. An exceptional opportunity for investors or entrepreneurs looking to enter the commercial real estate market, with significant potential for continued growth and added value.

Listing Agent

TC Farber

RE/MAX Preferred Brokerage Email: tc@ackerfarberteam.com License #74733-94 Listed on: 07/28/2026

RE/MAX Preferred

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,423

Year Built

  • Built in 1906

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Schools

  • Call School District Elementary School
  • Sauk Prairie Middle School
  • Sauk Prairie High School

Additional Features

  • Basement Fills Entire Space Under The House
  • 4,792 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 151-0014-00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,423

Year Built

Built in 1906

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Municipality: Merrimac
  • Status Detail: Active
  • Mailing City: Merrimac
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building
  • Items Included: 7 stoves, 7 refrigerators
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Street only
  • Utilities: Sewer Included, Water Included

Schools

  • Elementary School: Call School District
  • High School: Sauk Prairie
  • Middle School: Sauk Prairie
  • School District: Sauk Prairie

Lot Info

  • Estimated Aces: 0.11
  • Zoning: Commercial
  • Geo Subdivision: WI

Rental Info

  • Total Income: 58860

Tax Info

  • Net Taxes: 3423
  • Tax Year: 2025
  • Assessor Parcel Number: 151-0014-00000

Multi Family

  • Number Of1 Bedrooms: 4
  • Number Of2 Bedrooms: 3
  • Number Of Units: 9

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,644 $134,400 $11,300 $123,100
2024 $25 $134,400 $11,300 $123,100
2023 $2,559 $134,400 $11,300 $123,100
2022 $2,746 $134,400 $11,300 $123,100
2021 $2,598 $134,400 $11,300 $123,100
2020 $2,449 $134,400 $11,300 $123,100
2019 $2,211 $134,400 $11,300 $123,100
2018 $2,201 $134,400 $11,300 $123,100
2017 $2,163 $134,400 $11,300 $123,100
2016 $2,033 $115,000 $11,200 $103,800
2015 $2,068 $115,000 $11,200 $103,800
2014 $1,957 $115,000 $11,200 $103,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2026 07/28/26 For Sale $499,900 +127.2% --
07/14/2017 07/14/17 Sold $220,000 -15.4% $45 / Sq Ft View Prior Sale
06/06/2017 06/06/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $259,900 -- $54 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $220,000 Nations Title Agency
Warranty Deed $215,000 None Available
Warranty Deed $150,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $176,000 Commercial
Previous Owner $122,000 Commercial
Previous Owner $125,000 Credit Line Revolving
Source: Public Records

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2029452

South Central Wisconsin Multiple Listing Service

APN: 151-0014-00000

Your Personal Tour Guide

Ask me questions while you tour the home.