$550,000
SOLD MAR 19, 2025
-- Bed
-- Bath
-- Sq Ft
0.3 Acres

Recently Sold

10 Days on Market

About This Home

As of March 2025

High-Yield Investment Opportunity! 8-Unit Apartment Complex: Fully Occupied with stable rental history. Strong Potential for rent increases to maximize returns. 4 studios, 3-1bed/1bath, and 1- 4 bed/1bath. Building also includes18-personal storage units in the back of the property. Perfect value add opportunity to add to your portfolio in a great location that is continuing to grow.

Last Agent to Sell the Property

Patrick Griffith

eXp Realty LLC License #111039-94 Listed on: 01/09/2025

eXp Realty LLC

Last Buyer's Agent

Austin Siewert

eXp Realty LLC License #88318-94

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,611

Year Built

  • 1886

Home Design

Additional Features

  • Basement Fills Entire Space Under The House
  • 0.3 Acre Lot

Community Details

  • Operating Expense $10,000
  • Net Operating Income $50,000

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Tenant pays for electricity, heat, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 017030118110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,611

Year Built

1886

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.3
  • Directions: SOUTH ON 5TH AVE TO PROPERTY
  • Special Features: None
  • Year Built: 1886

Interior Features

  • Owner Pays: Sewer, Water, None
  • Has Basement: Full
  • Basement YN: Yes

Exterior Features

  • Exclusions: Tenants personal property
  • Construction Type: Wood

Garage/Parking

  • Attached Garage: No
  • Parking Features: Outdoor Space

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: La Crosse

Lot Info

  • Lot Size Sq Ft: 13068
  • Parcel #: 017030118110

Rental Info

  • Tenant Pays: Electricity, Heat, Gas

Multi Family

  • Property Net Operating Income: 50000
  • Annual Operating Expense: 10000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
Mar 19, 2025
Sold by
Brown George Keith
Bought by
Big Fish Investments Llc
Seller's Agent
Patrick Griffith
eXp Realty LLC
Buyer's Agent
Austin Siewert
eXp Realty LLC
List Price
$549,900
Sold Price
$550,000
Premium/Discount to List
$100
0.02%
Total Days on Market
10
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$500,000
Interest Rate
6.87%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Warranty Deed $550,000 New Castle Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Construction
Previous Owner $575,000 Unknown
Previous Owner $832,000 Unknown
Previous Owner $350,000 Unknown
Previous Owner $10,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2025 03/19/25 Sold $550,000 0.0% --
01/22/2025 01/22/25 Off Market $550,000 -- --
01/19/2025 01/19/25 Pending -- -- --
01/10/2025 01/10/25 Price Changed $550,000 0.0% --
01/09/2025 01/09/25 For Sale $549,900 -- --
Source: Metro MLS

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 $7,611 $364,200 $41,000 $323,200
2023 $7,448 $364,200 $41,000 $323,200
2022 $7,066 $364,200 $41,000 $323,200
2021 $7,297 $282,800 $41,000 $241,800
2020 $5,849 $230,300 $35,400 $194,900
2019 $5,892 $230,300 $35,400 $194,900
2018 $7,309 $230,300 $35,400 $194,900
2017 $6,670 $0 $0 $0
2016 $6,701 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1903575

Metro MLS

APN: 017-030118-110