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0 615th Avenue, Elk Mound, WI 54739

New Listing
$4,495,000
Property Type: Commercial Bedrooms: 54 Baths: 36 Square Footage: 2,960 Lot Size (sq. ft.): 967,468 Status: Active
Current Price: $4,495,000 List Date: 9/14/2026 Last Modified: 9/14/2026

Overview

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-s ...

Listing Details MLS# 7143165

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
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

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

Contract Information

Exclusions
Leased Culligan water systems, leased LP tanks, Tenant's personal property
Contingency
None
ListPrice
4495000
Owner is an Agent?
No
Auction?
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

More Information

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

Documents

IDX
Listing Office: Chippewa Valley Real Estate, L
Last Updated: September - 14 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

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