Excellent investment opportunity with this strong-producing 4-unit exceeding the 1% rule with $4410/month current rents! Two of the four units have been updated, including durable LVP flooring, while the property offers solid bones and continued potential to add value. Unit 1 will soon be vacant giving a buyer the opportunity to owner-occupy while collecting rent from the other units. Good size yard plus 4-car covered garage and ample off-street parking. The basement provides additional storage with a storage units for each apt, along with laundry hookups offering the perfect opportunity to add coin-operated laundry for additional income. A great opportunity to add a producing multi-family property to your portfolio—or live in one unit while your tenants help offset the mortgage!
Active
Price cut: $20K (9/29)
$379,900
321 N Lincoln Ave, Beaver Dam, WI 53916
10beds
3,000sqft
Multi Family
Built in 1865
-- sqft lot
$372,000 Zestimate®
$127/sqft
$-- HOA
What's special
- --
- on Zillow
- 658
- views
- 31
- saves
Zillow last checked:
Listing updated:
Listed by:
Rachel Miller,
Home Connection Realty
Source: SCWMLS,MLS#: 2032648
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Radiant
Appliances
- Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3), Range/Oven (Unit 4), Refrigerator (Unit 4)
Features
- Family/Rec Room (Unit 1), Dining Room (Unit 1), Family/Rec Room (Unit 2), Family/Rec Room (Unit 3), Dining Room (Unit 3), Family/Rec Room (Unit 4), Dining Room (Unit 4)
- Basement: Full
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Parking
- Total spaces: 8
- Parking features: 2 stall garage, Detached, Outside
- Garage spaces: 4
- Details: Outside
Features
- Levels: Two
- Patio & porch: Balcony/Patio (Unit 3), Balcony/Patio (Unit 4)
Lot
- Size: 0.3 Acres
Details
- Parcel number: 20612143343121
- Zoning: G2 Com.
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
Condition
- Year built: 1865
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Beaver Dam
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $330,000
- Annual tax amount: $5,935
- Date on market: 9/14/2026
- Inclusions: 4 Refrigerators and 4 Stoves
- Total actual rent: 52920
Estimated market value
$372,000
$353,000 - $391,000
$1,605/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2026 | Price change | $379,900-5%$127/sqft |
Source: SCWMLS #2032648 Report a problem | ||
| 9/14/2026 | Listed for sale | $399,900+21.2%$133/sqft |
Source: SCWMLS #2032648 Report a problem | ||
| 2/22/2024 | Sold | $330,000-1.8%$110/sqft |
Source: SCWMLS #1968110 Report a problem | ||
| 1/18/2024 | Pending sale | $335,900$112/sqft |
Source:  WIREX MLS #1968110 Report a problem | ||
| 1/17/2024 | Contingent | $335,900$112/sqft |
Source: WIREX MLS #1968110 Report a problem | ||
| 12/27/2023 | Price change | $335,900-4%$112/sqft |
Source: WIREX MLS #1968110 Report a problem | ||
| 12/6/2023 | Listed for sale | $349,900+143.8%$117/sqft |
Source: WIREX MLS #1968110 Report a problem | ||
| 6/16/2020 | Sold | $143,500-13%$48/sqft |
Source: Public Record Report a problem | ||
| 1/12/2020 | Listed for sale | $165,000$55/sqft |
Source: Century 21 Affiliated #1874861 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,748 +61.9% | $330,000 +59.7% |
| 2024 | $3,549 +1% | $206,700 +14.3% |
| 2023 | $3,516 +18.1% | $180,800 +26% |
| 2022 | $2,976 -4.9% | $143,500 |
| 2021 | $3,130 -14.5% | $143,500 -9.9% |
| 2020 | $3,660 +0.1% | $159,200 |
| 2019 | $3,657 -2.7% | $159,200 |
| 2018 | $3,757 -3.4% | $159,200 |
| 2017 | $3,889 +8.5% | $159,200 |
| 2016 | $3,584 -1.7% | $159,200 |
| 2015 | $3,647 -4.4% | $159,200 |
| 2014 | $3,815 -1.3% | $159,200 |
| 2013 | $3,867 -1% | $159,200 |
| 2012 | $3,906 +6.3% | $159,200 |
| 2011 | $3,675 -1.4% | $159,200 |
| 2010 | $3,727 +5.7% | $159,200 |
| 2009 | $3,526 -2.2% | $159,200 |
| 2008 | $3,604 +3.4% | $159,200 |
| 2007 | $3,486 -4.1% | $159,200 +3.4% |
| 2006 | $3,636 +2.2% | $154,000 +4.1% |
| 2005 | $3,556 -4.5% | $147,900 +2.2% |
| 2004 | $3,725 0% | $144,700 +5.2% |
| 2003 | $3,726 +1.4% | $137,500 +3.5% |
| 2002 | $3,673 +1.8% | $132,900 +2.9% |
| 2001 | $3,609 -19.7% | $129,200 -21% |
| 2000 | $4,496 | $163,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 53916
Nearby schools
Schools provided by the listing agent
- Middle: Beaver Dam
- High: Beaver Dam
- District: Beaver Dam
Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
