NOT LISTED FOR SALE

1311 N 23rd St N Wisconsin Rapids, WI 54494

Estimated Value: $425,914

8 Beds
4 Baths
3,696 Sq Ft
$115/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $375,000 $101 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,835/month

2 Days on Market

Highlights

  • Enclosed Parking
  • 4 Car Attached Garage
  • Hot Water Heating System
  • Porch
  • Patio
  • Utility Room

About This Home

As of May 2024

Attention investors! Seize the opportunity to own a lucrative investment property in the charming city of Wisconsin Rapids. This well-maintained 4-plex offers four units, each featuring 2 bedrooms and 1 bathroom, providing desirable living spaces for tenants. Maximize your returns with the added convenience of a shared coin-operated laundry facility, reducing maintenance costs while offering tenants a sought-after amenity. Additionally, each unit boasts its own driveway entrance and garage, enhancing privacy and appeal. Situated in a prime location, this property offers easy access to local amenities, schools, & transportation routes, ensuring high occupancy rates and steady rental income. Whether you're a seasoned investor or new to the game, this 4-plex presents an excellent opportunity to grow your portfolio and secure long-term financial success.

Last Agent to Sell the Property

Mary Walsh

NEXTHOME PARTNERS License #44376-94 Listed on: 04/30/2024

NEXTHOME PARTNERS

Last Buyer's Agent

Mary Walsh

NEXTHOME PARTNERS License #44376-94 Listed on: 04/30/2024

NEXTHOME PARTNERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,674

Year Built

  • Built in 1990

Lot Details

  • 0.31

Home Design

  • Quadruplex
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,696 Sq Ft Home
  • 2-Story Property
  • Utility Room

Kitchen

  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Enclosed Parking
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Outside Parking

Outdoor Features

  • Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Separate Meters
  • Individual Gas Meter
  • Electric Water Heater

Community Details

  • 4 Units
  • Coin Laundry

Listing and Financial Details

  • Assessor Parcel Number 3410035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,674

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Municipality: Wisconsin Rapids, City of
  • Style: 2 Story
  • Type: Fourplex
  • Year Built: 1990
  • Construction: Vinyl
  • Geo Subdivision: WI
  • Finished Above Grade Sq Ft: 3696
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Dishwasher, Washer, Dryer
  • Interior: Garage Door Opener

Exterior Features

  • Roof: Shingle
  • Patio Deck: Patio, Porch

Garage/Parking

  • Garage Capacity: 4
  • Parking: 1 Space, Driveway Entrance, Inside Parking, Outdoor Space
  • Garage: Attached

Utilities

  • Cooling: Wall A/C
  • Fuel Type: Natural Gas
  • Heat Type: Hot Water
  • Sewer Water: Pb Sewer/Pb Water
  • Water Heater: Electric
  • Electricity: Separate Meter
  • Gas: Separate Meter
  • Laundry: Coin-Op Dryer, Coin-Op Washer, Common Laundry Area
  • Sewer Included: Y
  • Utilities Heat Included: Y
  • Separate Electricity: Y
  • Water Included: Y

Schools

  • Wisc Rapids Area Sch Dist: Wisconsin Rapid

Lot Info

  • Lot Size: .31
  • Geo Address Line: 1311 23rd St N
  • Geo Primary City: Wisconsin Rapids
  • Geo Quality: 0.95

Tax Info

  • Tax Amount: 5673.67
  • Assessor Parcel Number: 3410035
  • Tax Year: 2023

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
May 24, 2024
Sold by
Demski John A and Demski Donna M.
Bought by
Rpn Properties Llc
Seller's Agent
Mary Walsh
NEXTHOME PARTNERS
Buyer's Agent
Mary Walsh
NEXTHOME PARTNERS
List Price
$375,000
Sold Price
$375,000
Views
22
Current Estimated Value
$425,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,914
Avg. Annual Appreciation
9.31%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rpn Properties Llc $375,000 Samantha Richardson
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2024 05/24/24 Sold $375,000 0.0% $101 / Sq Ft
04/30/2024 04/30/24 For Sale $375,000 -- $101 / Sq Ft
Source: Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

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
2024 $7,143 $356,000 $16,900 $339,100
2023 $5,674 $199,600 $16,900 $182,700
2022 $5,668 $199,600 $16,900 $182,700
2021 $5,530 $199,600 $16,900 $182,700
2020 $5,313 $199,600 $16,900 $182,700
2019 $5,284 $199,600 $16,900 $182,700
2018 $5,181 $199,600 $16,900 $182,700
2017 $4,972 $187,100 $18,200 $168,900
2016 $4,934 $187,100 $18,200 $168,900
2015 $4,898 $187,100 $18,200 $168,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Wisconsin Multiple Listing Service

MLS Number: 22401627

Central Wisconsin Multiple Listing Service

APN: 3410035