$750,000
SOLD SEP 30, 2025

1603 20th St Brodhead, WI 53520

-- Bed
-- Bath
2,250 Sq Ft
0.4 Acres

Recently Sold

$333 Per Sq Ft

2% Below List Price

8 Days on Market

Highlights

  • Balcony
  • Central Air
  • Wood Siding
  • Eat-In Kitchen
  • Family Room

About This Home

As of September 2025

More interior pictures coming soon! Solid 8-unit residential complex with spacious 2BR/1BA units. Units 1–7 in similar condition and could use cosmetic updates. Unit 8 fully renovated in 2025 (virtual tour available). Fully rented, generating $85,920/year. Rents are currently below market. Tenants pay electric; water and gas to be allocated starting 10/1/25 (units 1-7). Owner handles snow removal and landscaping. Additional income available from coin laundry and rentable storage (2nd floor + detached garage). New shingled roof in 2023. The property includes 19 off-street parking spots. One unit available for initial showings. This is a great investment opportunity ready to be added to your portfolio!

Last Agent to Sell the Property

Tessa Brown

EXIT Professional Real Estate Brokerage Email: tessa@targetedsolutionswi.com License #97532-94 Listed on: 08/18/2025

Last Buyer's Agent

Nate Lancaster

EXP Realty, LLC License #53756-90

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,614

Year Built

  • Built in 1972

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Family Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Parking

  • 19 Open Parking Spaces
  • Outside Parking

Schools

  • Ronald R Albrecht Elementary School
  • Brodhead Middle School
  • Brodhead High School

Utilities

  • Central Air
  • Radiant Heating System
  • Separate Meters
  • Individual Controls for Heating

Additional Features

  • Balcony
  • 0.4 Acre Lot

Community Details

  • 8 Units
  • Net Operating Income $78,306

Listing and Financial Details

  • Assessor Parcel Number 206-1150.0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,614

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Municipality: Brodhead
  • Status Detail: Sold
  • Mailing City: Brodhead
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Poured concrete foundatn
  • Number Dish Washers: 1
  • Number Dryers: 1
  • Number Units W Ac: 8
  • Number Washers: 1

Exterior Features

  • Exterior: Wood, Brick

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 19

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 spaces, Outside
  • Utilities: Separate elec meters

Fee Information

  • Total Expenses: 7614

Schools

  • Elementary School: Ronald R Albrecht
  • High School: Brodhead
  • Middle School: Brodhead
  • School District: Brodhead

Lot Info

  • Estimated Aces: 0.4
  • Zoning: Comm
  • Geo Subdivision: WI

Rental Info

  • Total Income: 85920

Tax Info

  • Net Taxes: 7614
  • Tax Year: 2024
  • Assessor Parcel Number: 206-1150.0000

Multi Family

  • Number Of2 Bedrooms: 8
  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2009
Sold by
Palzkill Wayne D
Bought by
Palzkill Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2025 09/30/25 Sold $750,000 -2.0% $333 / Sq Ft
08/26/2025 08/26/25 Pending -- -- --
08/18/2025 08/18/25 For Sale $764,999 -- $340 / Sq Ft
Source: South 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 $7,614 $390,200 $41,400 $348,800
2023 $7,316 $390,200 $41,400 $348,800
2022 $2,726 $378,000 $27,600 $350,400
2021 $2,399 $295,600 $17,200 $278,400
2020 $2,607 $295,600 $17,200 $278,400
2019 $2,323 $295,600 $17,200 $278,400
2018 $7,184 $295,600 $17,200 $278,400
2017 $2,286 $295,600 $17,200 $278,400
2016 $2,278 $295,600 $17,200 $278,400
2014 $7,609 $295,600 $17,200 $278,400
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2025

    Tessa Brown

    EXIT Professional Real Estate

    (608) 426-4583

    1 in this area

    14 Total Sales

    Tessa Brown
    Section Image
  • Nate Lancaster

    Buyer's Agent in 2025

    Nate Lancaster

    EXP Realty, LLC

    (608) 214-4435

    26 in this area

    514 Total Sales

    Nate Lancaster
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2006863

South Central Wisconsin Multiple Listing Service

APN: 20601500000

Wisconsin Green County Brodhead 53520

1603 20th St, Brodhead, WI

Sold

MultiFamily

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.

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