The possibilities are endless w/this huge river property. Currently zoned B1. Renter with lease upstairs to make you money or pay part of your mortgage. Convert the downstairsâformer coffee shop with hook ups for appliances including washer & dryer, 2 bathrooms (a shower can be added by the seller)âto one of the most desirable rentals in New London. Windows overlooking the river, room for 2 beds, large foyer & dining area & a huge great room. This property is waiting for you to imagine it amazing. Central A/C on main, window A/C upper. Zoned B1.
Sold for $175,000
$175,000
117 E South Water St, New London, WI 54961
--beds
3,483sqft
MultiFamily
Built in 1940
-- sqft lot
$179,600 Zestimate®
$50/sqft
$792 Estimated rent
Home value
$179,600
$167,000 - $192,000
$792/mo
Zestimate® history
Owner options
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$792/mo
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$792/mo
Rent Zestimate®
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$1,241/mo
Est. payment
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$1,241/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air, Gas
Cooling
- Other
Appliances
- Included: Dryer, Range / Oven, Refrigerator, Washer
- Laundry: Unit 1 In Unit Laundry, Unit 2 In Unit Laundry, Unit 1 Laundry Dimensions(12x6), Unit 2 Laundry Dimensions(3x2)
Features
- Unit 1(Eat in Kitchen)
- Basement: Partial, Sump Pump
Interior area
- Structure area source: Assessor/Public Record
- Total interior livable area: 3,483 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 10
Features
- Entry location: Unit 1 Level(Main),Unit 2 Level(Upper)
- Exterior features: Stucco
- On waterfront: Yes
- Waterfront features: River
- Body of water: Wolf River
- Frontage length: Estimated Water Frontage(189)
Lot
- Size: 0.31 Acres
Details
- Parcel number: 33127794
- Zoning description: Other-See Remarks
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sep Elec Meters/Unit, Sep Gas Meter/Unit
Community & HOA
Location
- Region: New London
Financial & listing details
- Price per square foot: $50/sqft
- Tax assessed value: $213,300
- Annual tax amount: $3,392
- Total actual rent: 500
- Tenant pays: Unit 2 Electric, Unit 2 Heat, Unit 1 Water, Unit 2 Water
Price history
| Date | Event | Price |
|---|---|---|
| 12/1/2025 | Sold | $175,000+27%$50/sqft |
Source: Public Record Report a problem | ||
| 7/16/2022 | Listing removed | -- |
Source:  WIREX MLS #50229109 Report a problem | ||
| 7/15/2021 | Sold | $137,800-8.1%$40/sqft |
Source: RANW as distributed by MLS GRID #50229109 Report a problem | ||
| 5/13/2021 | Pending sale | $150,000$43/sqft |
Source: RANW as distributed by MLS GRID #50229109 Report a problem | ||
| 9/10/2020 | Listed for sale | $150,000+4.2%$43/sqft |
Source: Keller Williams Fox Cities #50229109 Report a problem | ||
| 1/1/2020 | Listing removed | $143,900$41/sqft |
Source: CENTURY 21 Ace Realty #50202637 Report a problem | ||
| 5/31/2019 | Price change | $143,900-0.7%$41/sqft |
Source: CENTURY 21 Ace Realty #50202637 Report a problem | ||
| 3/1/2019 | Price change | $144,900-3.3%$42/sqft |
Source: CENTURY 21 Ace Realty #50154387 Report a problem | ||
| 1/2/2017 | Listed for sale | $149,900+0.6%$43/sqft |
Source: CENTURY 21 Ace Realty #50154387 Report a problem | ||
| 12/19/2013 | Listing removed | $149,000$43/sqft |
Source: Century 21 First Realty #50057682 Report a problem | ||
| 9/26/2013 | Listed for sale | $149,000$43/sqft |
Source: Century 21 First Realty #50057682 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,392 +3.3% | $140,000 |
| 2023 | $3,284 +2.1% | $140,000 |
| 2022 | $3,217 -2.1% | $140,000 |
| 2021 | $3,286 -0.3% | $140,000 |
| 2020 | $3,296 +1.1% | $140,000 |
| 2019 | $3,260 +5.2% | $140,000 |
| 2018 | $3,100 -1% | $140,000 |
| 2017 | $3,132 -0.3% | $140,000 +4.9% |
| 2016 | $3,140 | $133,400 |
| 2015 | $3,140 +1.8% | $133,400 |
| 2014 | $3,083 | $133,400 |
Find assessor info on the county website
Neighborhood: 54961
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Nearby schools
GreatSchools rating
- 4/10Lincoln Elementary SchoolGrades: PK-4Distance: 0.3 mi
- 7/10New London Middle SchoolGrades: 5-8Distance: 0.7 mi
- 5/10New London High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- District: New London
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Wisconsin
- Waupaca County
- New London
- 54961
- 117 E South Water St
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