$1,575,000
$50K PRICE DROP

114 2nd St New Glarus, WI 53574

Estimated payment $11,856/month

Total Views 6,938
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Den
  • New Glarus Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Village Park

About This Home

Own The Flan Lofts - one of the most sought-after apartment communities in New Glarus! Completely renovated in 2015, The Flan boasts 9 high-end apartments of every shape and size, featuring high ceilings, hardwood floors, outdoor patio space, and modern fixtures blended with historic Swiss charm. New Glarus is home to a highly rated school system and several popular festivals. Highly sought after by tenants resulting in a near-zero vacancy rate since its conversion. 6.96 CAP. Includes parcels 0156.0000, 0159.01000, & 0161.0100. See Docs for OM. Contact broker for rent roll. Redundant HVAC system behind building to be removed by Seller. Seller to repair back door to lower level. 2025 assmt lowered from $2,196,500 in 2024. All measurements appx, Buyer to verify. LA related to Seller

Listing Agent

Kevin Visel

Acres Realty License #57578-90 Listed on: 06/10/2025

Property Details

Home Type

  • Multi-Family

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Fireplace
  • Family Room
  • Dining Room
  • Den
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 7 Open Parking Spaces
  • 8 Covered Spaces
  • Outside Parking

Schools

  • New Glarus Elementary And Middle School
  • New Glarus High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating
  • Water Softener is Owned
  • Internet Available

Additional Features

  • Accessible Approach with Ramp
  • Balcony
  • 0.44 Acre Lot

Community Details

  • 9 Units
  • Laundry Facilities
  • Net Operating Income $110,022

Listing and Financial Details

  • Assessor Parcel Number 161-0156.0000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Municipality: New Glarus
  • Status Detail: Active
  • Mailing City: New Glarus
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Items Excluded: Tenant personal property, Seller personal property in basement, skid loader, snow blowers, HVAC unit currently installed on east side of building.
  • Miscellaneous: Shared laundry, Water Softener Owned, Internet -Fiber Available
  • Noi Year: 2025
  • Year Built: 999
  • Reso Accessibility Features: Open floor plan, Ramped or level entrance
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Dish Washers: 9
  • Number Dryers: 8
  • Number Furnaces: 9
  • Number Refrigerators: 9
  • Number Stoves: 9
  • Number Units W Ac: 9
  • Number Washers: 8
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Wood, Brick, Stucco

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 8
  • Parking Stalls Outside: 7

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Detached, Outside
  • Utilities: Separate elec meters, Separate gas meters

Fee Information

  • Total Expenses: 58338

Schools

  • School District: New Glarus
  • Elementary School: New Glarus
  • Middle School: New Glarus
  • High School: New Glarus
  • Elementary School: New Glarus
  • High School: New Glarus
  • Middle School: New Glarus
  • School District: New Glarus

Lot Info

  • Estimated Aces: 0.438
  • Zoning: C-1
  • Geo Subdivision: WI

Rental Info

  • Total Income: 168360

Tax Info

  • Land Assessment: 132000
  • Improvements: 1378400
  • Total Assessment: 1510400
  • Assessment year: 2025
  • Net Taxes: 42414
  • Tax Year: 2024
  • Assessor Parcel Number: 161-0156.0000

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of2 Bedrooms: 4
  • Number Of3 Bedrooms: 1
  • Number Of Efficiencies: 2
  • Number Of Units: 9

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
2023 $42,464 $2,196,500 $92,100 $2,104,400
2022 $29,503 $988,600 $61,400 $927,200
2021 $27,551 $988,600 $61,400 $927,200
2020 $27,170 $988,600 $61,400 $927,200
2019 $26,122 $988,600 $61,400 $927,200
2018 $23,417 $912,600 $61,400 $851,200
2017 $22,287 $912,600 $61,400 $851,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Price Changed $1,575,000 -3.1% --
06/10/2025 06/10/25 For Sale $1,625,000 -- --
Source: South Central Wisconsin Multiple Listing Service

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2001802

South Central Wisconsin Multiple Listing Service

APN: 231611560000

Wisconsin Green County New Glarus 53574

114 2nd St, New Glarus, WI

This home is located at 114 2nd St, New Glarus, WI 53574 and is currently priced at $1,575,000. 114 2nd St is a home located in Green County with nearby schools including New Glarus Elementary School, New Glarus Middle School, and New Glarus High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Kevin Visel
Listing Agent
Kevin Visel
Section Image
Acres Realty
(608) 817-7583