$230,000
PENDING

640 Central Ave Beloit, WI 53511

Estimated payment $1,342/month

Total Views 912
-- Bed
-- Bath
1,840 Sq Ft
$125 Price per Sq Ft

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 1-minute walk to Rhodes Arboretum
  • Detached Garage
  • Wood Siding

About This Home

Excellent opportunity to own a Beloit College Area 2-unit offering strong rental income.This property features traditional charm with quality updates. Lower unit rents at $1,200/month, reflecting strong demand in the area. Upper unit rents at $850/month. All dimensions and sq ft to be verified by Buyer Seller/Agent is a licensed Realtor All offers must include standard 1031 Exchange Language: Please refer to the associated docs for exact language

Listing Agent

Michael Marquette

Century 21 Affiliated Brokerage Phone: 608-751-4422 License #58050-90 Listed on: 01/27/2026

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,738

Year Built

  • Built in 1936

Home Design

  • Duplex
  • Wood Siding

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • Detached Garage
  • Outside Parking

Schools

  • Call School District Elementary And Middle School
  • Memorial High School

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Separate Water Meter

Additional Features

  • Oven or Range
  • Wood Flooring
  • 6,970 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 206 13660740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,738

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Municipality: Beloit
  • Status Detail: Offer-No Show
  • Mailing City: Beloit
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 flat-up and down
  • Year Built: 1936
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Number Units W Ac: 1

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Inside: 2
  • Parking Stalls Outside: 2

Utilities

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

Schools

  • Elementary School: Call School District
  • High School: Memorial
  • Middle School: Call School District
  • School District: Beloit

Lot Info

  • Estimated Aces: 0.16
  • Zoning: RES
  • Geo Subdivision: WI

Rental Info

  • Total Income: 24600

Tax Info

  • Net Taxes: 1738
  • Tax Year: 2024
  • Assessor Parcel Number: 206 13660740

Multi Family

  • Number Of2 Bedrooms: 2
  • Number Of Units: 2

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $2,323 $141,800 $9,600 $132,200
2024 $1,721 $141,800 $9,600 $132,200
2023 $2,044 $129,500 $9,700 $119,800
2022 $2,123 $129,500 $9,700 $119,800
2021 $2,506 $78,700 $10,500 $68,200
2020 $2,278 $78,700 $10,500 $68,200
2019 $2,184 $78,700 $10,500 $68,200
2018 $2,204 $78,700 $10,500 $68,200
2017 $2,063 $78,700 $10,500 $68,200
2016 $2,039 $78,700 $10,500 $68,200
2015 $2,070 $78,700 $10,500 $68,200
2014 $1,942 $78,700 $10,500 $68,200
2013 $1,942 $78,700 $10,500 $68,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2026 02/03/26 Pending -- -- --
01/27/2026 01/27/26 For Sale $230,000 -- $125 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2015520

South Central Wisconsin Multiple Listing Service

APN: 136-60740