$1,305,000
$1,100,000
18.6%For more information regarding the value of a property, please contact us for a free consultation.
16 Beds
8 Baths
8,739 SqFt
SOLD DATE : 09/15/2026
Key Details
Sold Price $1,305,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 8,739 sqft
Price per Sqft $149
MLS Listing ID 22603001
Sold Date 09/15/26
Style 1 Story
Bedrooms 16
Year Built 2014
Annual Tax Amount $22,604
Tax Year 2025
Lot Size 4.950 Acres
Acres 4.95
Property Sub-Type Fourplex
Property Description
Unique Investment Opportunity – 12-Unit Multifamily Portfolio Exceptional opportunity to acquire three quadplex buildings consisting of 12 total residential units, all situated on a single 4.950 acre tax parcel. This well-maintained investment property offers immediate income with 100% occupancy, as all 12 units are currently leased. Each of the twelve 1,092-square-foot units features a private attached single-car garage, welcoming covered front porch, and an efficient open-concept floor plan. The spacious living and dining areas flow into a well-appointed kitchen offering ample cabinetry, pantry, and included appliances—refrigerator, range, dishwasher, and microwave. Each unit also includes two bedrooms, 1.5 bathrooms, a laundry/mudroom, and a separate utility room, making these highly desirable rentals for long-term tenants. The buildings were constructed in phases, with Building 1 completed in 2014, Building 2 in 2017, and Building 3 in 2018, providing modern construction and amenities throughout such as in-floor hydronic heat. Situated on a quiet cul-de-sac in a beautifully wooded setting, the property offers an attractive residential environment while remaining conveniently located near area amenities such as Ripple Creek Park and easy access to the Ahdawagum Trail system for 20 miles of hiking/biking trails connecting Port Edwards with Nekoosa to the south and Wisconsin Rapids and Biron to the north. Opportunities to purchase a fully occupied, newer multifamily portfolio of this size are rare. Whether you're expanding an existing investment portfolio or seeking a turnkey income-producing property, this offering provides exceptional value and long-term investment potential. Please note some units have carpet in the living/dining area and bedrooms. Landlord is responsible for lawn care and snow removal.
Location
State WI
County Wood County
Area Wisconsin Rapids
Zoning Commercial
Rooms
Basement None / Slab
Interior
Interior Features Ceiling Fan(s), Smoke Detector, Garage Door Opener, Cable Hookup, Carpet, Vinyl Floors
Hot Water Natural Gas
Heating Hot Water
Cooling Wall A/C
Appliance Refrigerator, Range, Dishwasher, Microwave
Laundry Hook-up in All
Exterior
Parking Features Attached, Individual Garage
Roof Type Shingle
Building
Sewer Pb Sewer/Pb Water
Water Separate Meter
Others
Tax ID 2700030E
Energy Description Natural Gas
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Bought with COLDWELL BANKER- SIEWERT REALTORS
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