$1,599,000

405 E Truth St Unit 1 Shullsburg, WI 53586

Estimated payment $9,750/month

Total Views 13
-- Bed
-- Bath
3,500 Sq Ft
$457 Price per Sq Ft

Highlights

  • Balcony
  • Forced Air Heating and Cooling System
  • Family Room
  • Outdoor Storage
  • Dining Room
  • Laundry Facilities

About This Home

Grow your investment portfolio with this 12-unit multifamily opportunity featuring four townhouse-style buildings in a quiet rural setting just outside Shullsburg. An ideal fit for the investor ready to move from owning a few rental properties to a larger income-producing asset. Built with low-maintenance slab-on-grade construction, the property also features a newer roof, several updated units, accessible units and parking, private 4' x 6' storage for each tenant, approximately 25 off-street parking spaces, and a shared laundry facility with two newer coin-operated washers and dryers recently added by the owner. Convenient on-site maintenance help is available if desired. Located about 30 minutes from Dubuque and 25 minutes from Platteville, this is an excellent opportunity to expand your rental portfolio. See the Offering Memorandum in the MLS documents for additional financial details.

Listing Agent

Sally Luehman

REMAX RealPros Brokerage Phone: 608-254-9488 License #54814-90 Listed on: 07/28/2026

REMAX RealPros

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,446

Year Built

  • Built in 1993

Lot Details

  • 2.04 Acre Lot
  • Level Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Dining Room
  • Oven or Range

Parking

  • 24 Open Parking Spaces
  • Parking Available
  • Driveway Level
  • Outside Parking

Outdoor Features

  • Balcony
  • Outdoor Storage

Schools

  • Shullsburg Elementary And Middle School
  • Shullsburg High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Controls for Heating

Community Details

  • 12 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 281-0550-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,446

Year Built

Built in 1993

Lot Details

2.04 Acres

Listing Details

  • Municipality: Shullsburg
  • Status Detail: Active
  • Mailing City: Shullsburg
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story, Townhouse style units
  • Items Excluded: Tenant AC units
  • Items Included: All Stoves and refrigerators included, on site 4x6 storage units for each tenant
  • Miscellaneous: Shared laundry
  • Year Built: 1993
  • Reso Accessibility Features: Level drive, Level lot
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 2
  • Number Washers: 2

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 24

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: 2 spaces, Outside, Blacktop/Asphalt, Extra space available, Off street, Parking lot, Paved
  • Utilities: Separate elec meters, Separate gas meters, Sewer Included, Water Included

Schools

  • Elementary School: Shullsburg
  • High School: Shullsburg
  • Middle School: Shullsburg
  • School District: Shullsburg

Lot Info

  • Estimated Aces: 2.04
  • Zoning: R-5
  • Geo Subdivision: WI

Rental Info

  • Total Income: 11325

Tax Info

  • Net Taxes: 12446
  • Tax Year: 2025
  • Assessor Parcel Number: 281-0550-0000

Multi Family

  • Number Of2 Bedrooms: 8
  • Number Of3 Bedrooms: 4
  • Number Of Units: 12

Map

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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
07/28/2026 07/28/26 For Sale $1,599,000 -- $457 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

About the Listing Agent

Sally Luehman
Sally Luehman

REMAX RealPros

(608) 602-7294

Section Image

Sally Luehman – REALTOR® | REMAX RealPros
Serving Juneau County, Castle Rock Lake, Mauston, New Lisbon & Surrounding Central Wisconsin Communities

With over 27 years of real estate experience, I’ve learned that every day in this business brings something new—and that’s exactly why I love it. Some days I’m a traffic controller keeping a complex transaction moving smoothly. Other days I’m a matchmaker, connecting buyers with the home that truly fits their lifestyle. No matter what role

View Sally's Profile

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Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2029297

South Central Wisconsin Multiple Listing Service
Wisconsin Lafayette County Shullsburg 53586

405 E Truth St Unit 1, Shullsburg, WI

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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