$305,000
SOLD MAR 14, 2025

722 Chapin St Beloit, WI 53511

-- Bed
-- Bath
3,289 Sq Ft
0.43 Acres

Recently Sold

$93 Per Sq Ft

5% Above List Price

6 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Eat-In Kitchen
  • Sun or Florida Room
  • Balcony
  • 4-minute walk to Horace White Park

About This Home

As of March 2025

Investment Property Opportunity! Don’t miss this chance to own a historic gem with incredible income potential. This multi-unit property features four well-maintained rental units, making it ideal for both short-term and long-term rentals. Located in a highly desirable neighborhood near downtown Beloit and Beloit College, the property combines charm and convenience. Enjoy the perks of being within walking distance of parks, shops, restaurants, the vibrant farmers market, and the scenic river. As a historical asset, this property not only contributes to preserving the community’s history but also offers tenants a unique living experience. Whether you're a seasoned investor or looking to start your real estate portfolio, this property offers endless possibilities!

Last Agent to Sell the Property

Lisa McKevett

GateWay, Realtors License #52361-90 Listed on: 01/29/2025

Co-Listed By

McKenzie Brannon

GateWay, Realtors License #110999-94

Last Buyer's Agent

Lisa McKevett

GateWay, Realtors License #52361-90 Listed on: 01/29/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1856

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Family Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 10 Open Parking Spaces
  • Outside Parking

Schools

  • Merrill Elementary School
  • Aldrich Middle School
  • Memorial High School

Utilities

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

Additional Features

  • Balcony
  • 0.43 Acre Lot
  • Property is near bus stop

Listing and Financial Details

  • Assessor Parcel Number 206 13660375

Community Details

Overview

  • 4 Units
  • College District Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1856

Lot Details

0

Listing Details

  • Municipality: Beloit
  • Status Detail: Sold
  • Mailing City: Beloit
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story
  • Miscellaneous: Shared laundry, Close to bus line, Internet - Cable
  • Year Built: 1856
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout to yard
  • Number Units W Ac: 4

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Parking Stalls Outside: 10

Utilities

  • Water Waste: Municipal water, Municipal sewer
  • Park Unit: Outside
  • Utilities: Separate elec meters

Schools

  • Elementary School: Merrill
  • High School: Memorial
  • Middle School: Aldrich
  • School District: Beloit

Lot Info

  • Estimated Aces: 0.43
  • Zoning: R-1B, WPO
  • Geo Subdivision: WI

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 206 13660375

Multi Family

  • Number Of1 Bedrooms: 2
  • Number Of2 Bedrooms: 2
  • Number Of Units: 4

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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Average Value
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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
03/14/2025 03/14/25 Sold $305,000 +1.7% $93 / Sq Ft
02/04/2025 02/04/25 Pending -- -- --
01/29/2025 01/29/25 Price Changed $300,000 +3.4% $91 / Sq Ft
01/29/2025 01/29/25 For Sale $290,000 -- $88 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1992555

South Central Wisconsin Multiple Listing Service