$349,900

537 S Main St Fall River, WI 53932

Estimated payment $2,112/month

-- Bed
-- Bath
4,221 Sq Ft
$83 Price per Sq Ft

Highlights

  • Wood Flooring
  • Den
  • Eat-In Kitchen
  • Main Floor Bedroom
  • Balcony
  • Family Room

About This Home

Affordable 4-unit investment opportunity in the Village of Fall River. This all-brick multifamily property features three 2-bedroom, 1-bath units and one efficiency unit. Conveniently located near Highway 151, the property offers an easy commute to Madison while providing the benefits of a strong small-town rental market. Currently owner-occupied, the property presents an excellent value-add opportunity with rents below current market rates, allowing investors the potential to increase cash flow over time. The durable brick exterior, desirable unit mix, and strong rental demand make this an attractive addition to any investment portfolio. Whether you’re a first-time investor looking to enter the multifamily market or an experienced investor seeking to expand your portfolio, this property offers affordability, upside potential, and long-term investment value in a convenient location.

Listing Agent

Bart Baker

First Weber, Inc Brokerage Email: HomeInfo@firstweber.com License #69959-94 Listed on: 06/17/2026

First Weber, Inc

Co-Listing Agent

Taylor Gordon

First Weber, Inc Brokerage Email: HomeInfo@firstweber.com License #92431-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,607

Home Design

  • Block Foundation

Interior Spaces

  • Main Floor Bedroom
  • 2-Story Property
  • Family Room
  • Den
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Shared Basement
  • Block Basement Construction
  • Basement Storage

Parking

  • 4 Open Parking Spaces
  • Carport

Schools

  • Fall River Elementary And Middle School
  • Fall River High School

Utilities

  • Radiant Heating System
  • Separate Meters
  • Individual Controls for Heating
  • High Speed Internet

Additional Features

  • Balcony
  • 10,019 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 11126 9

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,607

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Municipality: Fall River
  • Status Detail: Active
  • Mailing City: Fall River
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: Apartment building, 2 story
  • Items Excluded: Tenants personal property
  • Items Included: 4 Refrigerators, 4 Stooves, 2 washers, 2 Dryers, 1 Dishwasher
  • Miscellaneous: Internet - Cable
  • Year Built: 999
  • Reso Accessibility Features: First floor bedroom
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard, Block foundation, Outside entry only, Storage area, Unfinished, Walk out/Outer door
  • Number Dish Washers: 1
  • Number Dryers: 2
  • Number Units W Ac: 4
  • Number Washers: 2

Exterior Features

  • Exterior: Brick/Stone

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Radiant
  • Parking Stalls Outside: 4

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Carport, 1 space, Blacktop/Asphalt, Extra space available, Off street
  • Utilities: Separate elec meters, Heat Included, Sewer Included, Water Included

Schools

  • Elementary School: Fall River
  • High School: Fall River
  • Middle School: Fall River
  • School District: Fall River

Lot Info

  • Estimated Aces: 0.23
  • Zoning: RES
  • Geo Subdivision: WI

Rental Info

  • Total Income: 2175

Tax Info

  • Net Taxes: 2607
  • Tax Year: 2025
  • Assessor Parcel Number: 11126 9

Multi Family

  • Number Of2 Bedrooms: 3
  • Number Of Efficiencies: 1
  • Number Of Units: 4

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
06/17/2026 06/17/26 For Sale $349,900 -- $83 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

About the Listing Agent

Bart Baker

First Weber, Inc

(920) 488-9294

Section Image

Bart uses a hands-on approach when helping his clients buy, sell or build. His ability to provide people with the insight and knowledge they need to make the most informed decision is the reason he chose to become a realtor. As a professional Realtor, he offers buyers and sellers knowledge from both the world of real estate and the world of home construction. He knows what to look for in a home and his clients and customers trust me to guide them on the details they need to know. He grew up on

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Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2026164

South Central Wisconsin Multiple Listing Service
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