0 615th Avenue, Elk Mound, WI 54739 (MLS# 7143165)
$4,495,000
Elk Mound, WI 54739
MLS# 7143165
54 beds | 36 baths | 2960 sqft
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Property Description
Rare multifamily investment and development opportunity in Elk Mound! This expansive property offers 9 duplex buildings totaling 18 units, a vacant lot, and additional land, creating a unique opportunity for investors, developers, or owners looking to expand their rental portfolio. Each unit offers approximately 1,480 square feet with 3 bedrooms and 2 bathrooms, providing spacious and functional living arrangements. The townhome-style units feature modern finishes including LVT flooring throughout the main living areas, carpeted bedrooms, upgraded kitchen cabinetry, quartz countertops, and stainless steel appliances. Each unit includes a stove, refrigerator, dishwasher, microwave, washer, and dryer. Additional features include gas forced-air heating, central air conditioning, and individual electric water heaters. Each unit offers private exterior access as well as convenient access from the garage. The buildings feature attractive vinyl siding and stone veneer exteriors with asphalt-shingle roofs, creating a clean, modern appearance with low-maintenance appeal. With 18 existing 3-bedroom, 2-bathroom units plus a vacant lot and additional land, this property offers an exceptional combination of existing rental housing and future potential. A unique opportunity to acquire a substantial multifamily portfolio with newer construction, desirable finishes, attached garage access, and additional land for future possibilities.
Details
Maps
Documents
Contract Information
Exclusions: Leased Culligan water systems, leased LP tanks, Tenant's personal property
Status: Active
Current Price: 4495000
Contingency: None
ListPrice: 4495000
List Date: 2026-09-11
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: Yes
Owner Occupied: No
Waterfront YN: No
Year Built: 2022
Yearly/Seasonal: Yearly
Zoning: Lot, Residential-Multi-Family
Bedrooms: 54
Baths Total: 36
Foundation Size: 2960
Garage Stalls: 2
Power Company: Xcel Energy
For Sale or Lease: For Sale
Acres: 22.21
Lot Dimensions: 0 x 0
Assessment Pending: No
Location Tax and Other Information
Street Name: 615th
Street Suffix: Avenue
Postal City: Elk Mound
County: Dunn
State: WI
Zip Code: 54739
Complex/Dev/Subdivision: Meadows Edge Apartments
Additional Parcels Information
Property ID #2: 1700822811183400010
Property ID #3: 1700822811183400011,1700822811183400012,1700822811183400013,1700822811183400014,1700822811183400017,1700822811183400018,1700822811183400019,1700822811183400020,1700822811183400021,1700822811183400022,1700822811184300013
Building Information
Building Finished SqFt: 2960
Building SqFt: 2960
Ceiling Height: 8-10
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 16 x 24
Garage Door Height: 9
Garage Door Width: 16
Garage Square Feet: 590
Public Survey Info
Range#: 11W
Section#: 18
Township#: 28N
Sale Options
Sale Includes: Building, Fixture/Equipment, Land
Unit 1
Unit Number: E7824
Monthly Rent: 1700
Full Baths: 2
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Level: Main Level
Unit Total SqFt: 1480
Leased?: Yes
Lease Expiration Date: 2027-04-30
Unit 10
Full Baths: 2
Lease Expiration Date: 2027-07-18
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7848
Unit Total SqFt: 1480
Unit 11
Full Baths: 2
Lease Expiration Date: 2027-06-30
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7887
Unit Total SqFt: 1480
Unit 12
Full Baths: 2
Lease Expiration Date: 2027-05-31
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7889
Unit Total SqFt: 1480
Unit 13
Full Baths: 2
Lease Expiration Date: 2027-05-24
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7873
Unit Total SqFt: 1480
Unit 14
Full Baths: 2
Lease Expiration Date: 2027-09-28
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7875
Unit Total SqFt: 1480
Unit 15
Full Baths: 2
Lease Expiration Date: 2027-06-22
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7859
Unit Total SqFt: 1480
Unit 2
Full Baths: 2
Lease Expiration Date: 2027-04-30
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7824
Unit Total SqFt: 1480
Unit 3
No. of 3 Bedroom Units: 18
Full Baths: 2
Lease Expiration Date: 2027-06-18
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7831
Unit Total SqFt: 1480
Unit 4
Full Baths: 2
Lease Expiration Date: 2027-06-30
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7833
Unit Total SqFt: 1480
Unit 5
Full Baths: 2
Lease Expiration Date: 2027-04-30
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7830
Unit Total SqFt: 1480
Unit 6
Full Baths: 2
Lease Expiration Date: 2027-06-26
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7832
Unit Total SqFt: 1480
Unit 7
Full Baths: 2
Lease Expiration Date: 2027-03-15
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7838
Unit Total SqFt: 1480
Unit 8
Full Baths: 2
Lease Expiration Date: 2027-05-01
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7840
Unit Total SqFt: 1480
Unit 9
Full Baths: 2
Lease Expiration Date: 2027-07-31
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7846
Unit Total SqFt: 1480
Unit Details
Total Units: 18
Property Features
Accessible: No Stairs External; No Stairs Internal
Air Conditioning: Central Air
Amenities Shared: None
Amenities Unit: Ceiling Fan(s); Deck; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom
Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer
Basement: None
CMU Style: Duplex Side by Side
Construction Materials: Frame
Construction Status: Previously Owned
Current Use: Residential; Vacant
Exterior: Brick/Stone; Vinyl
Fencing: None
Flooring: Carpet; Luxury Vinyl Tile
Foundation: Wood
Fuel: Propane
Heating: Forced Air
On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate
Owner Pays: Lawn; Lawn; Snow Removal
Pool Description: None
Rent Rate per Foot: Per Month
Road Frontage: Private Road
Road Responsibility: Private Maintained Road
Roof: Age 8 Years or Less; Asphalt Shingles
Sewer: Mound Septic; Septic System Compliant - Yes; Shared System; Tank with Drainage Field
Stories: One
Tenant Pays: All Utilities
Wall Description: Drywall
Water: Shared System; Well
Window Features: Double Pane Windows
Meadows Edge Townhomes LLC - GIS aerial Listing Office: Chippewa Valley Real Estate, L
Last Updated: October - 01 - 2026
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Thursday 8th of October 2026 08:16 PM
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