$1,200,000

34 Paine St Kiel, WI 53042

Estimated payment $7,098/month

Total Views 9,011
8 Beds
8 Baths
9,312 Sq Ft
$129 Price per Sq Ft

About This Home

ATTENTION INVESTORS! An 8-unit apartment complex in Kiel, in great condition, just became available to add to your investment portfolio. One-owner, this building offers townhouse style (2-story) units w/1 car attached units w/full individual basements w/washer & dryer included. VERY CLEAN. Built by Mike Check in 1994, the corner units are unique that they have 2-story windows in living room and a slightly different floorplan than the middle units. All units are 2 bedroom, 1.5 bath, 1164SF (approx) w/upstairs primary suite w/dual access to a full bath. Main floor has a convenient half bath. All electric heat and most have wall AC units. Tenants pay all utilities, landlord pays for garbage pickup, lawn care & snow removal. Onsite manager pays less. Roof was done in 2018 per seller

Listing Agent

Keith Krepline

Coldwell Banker Real Estate Group License #94-34960 Listed on: 08/25/2025

Coldwell Banker Real Estate Group

Co-Listing Agent

Brandon Salveson-Krepline

Coldwell Banker Real Estate Group License #94-91161

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,434

Year Built

  • 1994

Parking

  • 8 Parking Spaces

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 9,312 Sq Ft Home
  • 2-Story Property

Additional Features

  • 0.58 Acre Lot
  • Separate Water Meter

Community Details

  • 8 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,434

Year Built

1994

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Type: Multifamily (3+ Unit)
  • Stylebuilding Type: 2 Story, Apartment Building, Townhouse Units
  • Tax Municipality: Kiel, City of
  • Remarks Exclusions Public: tenants personal property
  • Remarks Inclusions Public: 8 stoves, 8 refrigerators, 8 washers, 8 dryers
  • Total Units: 8
  • Unit Identifier: City of Kiel
  • Remarks Public: ATTENTION INVESTORS! An 8-unit apartment complex in Kiel, in great condition, just became available to add to your investment portfolio. One-owner, this building offers townhouse style (2-story) units w/1 car attached units w/full individual basements w/washer & dryer included. VERY CLEAN. Built by Mike Check in 1994, the corner units are unique that they have 2-story windows in living room and a slightly different floorplan than the middle units. All units are 2 bedroom, 1.5 bath, 1164SF (approx) w/upstairs primary suite w/dual access to a full bath. Main floor has a convenient half bath. All electric heat and most have wall AC units. Tenants pay all utilities, landlord pays for garbage pickup, lawn care & snow removal. Onsite manager pays less. Roof was done in 2018 per seller
  • Tax Municipal Sub Area: None
  • Water Features Other: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1994

Interior Features

  • Source Total Fin Sq Ft: Assessor/Public Record
  • Sq Ft Fin Above Grade Est: 9312
  • Sq Ft Total Fin Above And Below: 9312

Exterior Features

  • Exterior Finish Of Building: Vinyl
  • Foundation For Building: Block

Garage/Parking

  • Number of Car Spaces: 20x13
  • Number Of Total Parking Inside: 8
  • Number Of Total Parking Outside: 8
  • Building Parking: Attached, Outside

Utilities

  • Utilities: Indv Control/Unit, Sep Elec Meters/Unit, Sep Water Meter/Unit
  • Heating Fuel Type: Electric
  • Number Of Water Heaters: 8
  • Number Of Water Softeners: 8
  • Waste For Building: Municipal Sewer
  • Water For Building: Municipal Public Water

Lot Info

  • Estimated Acres: 0.58
  • Deeded Access: Unknown
  • Flood Plain: Unknown
  • Lot Description: Sidewalk
  • Zoning: Multi-Family(3Units)
  • Geo Address Line: 34 E Paine St
  • Geo Primary City: Kiel
  • Geo Quality: 0.95
  • Geo Subdivision: WI

Tax Info

  • Assessor Parcel Number: 051-591-007-003.00
  • Tax Net Amt: 9434

Multi Family

  • Number Of Dishwashers: 8
  • Number Of Dryers: 8
  • Number Of Refrigerators: 8
  • Number Of Washers: 8
  • Total Numberof Buildings: 1
  • Bedrooms: 2

MLS Schools

  • School District: Kiel Area

Map

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

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2025 08/25/25 For Sale $1,200,000 -- $129 / Sq Ft
Source: REALTORS® Association of Northeast Wisconsin

Source: REALTORS® Association of Northeast Wisconsin

MLS Number: 50314338

REALTORS® Association of Northeast Wisconsin
Wisconsin Manitowoc County Kiel 53042

34 Paine St, Kiel, WI

For Sale

MultiFamily

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REALTORS® Association of Northeast Wisconsin Copyright REALTORS Association of Northeast Wisconsin MLS, Inc. - All Rights Reserved

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Keith Krepline
Listing Agent
Keith Krepline
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Coldwell Banker Real Estate Group
(920) 561-2174