Turnkey downtown investment opportunity delivering immediate cash flow and minimal future capital needs. This mixed-use property in Platteville features two Main Street retail storefronts and seven upper-level apartment units offering a mix of one- and two-bedroom layouts. Gross operating income is approximately $86,400 annually. Recent 2026 capital improvements include new gas furnaces, hot water heaters, and a new GAF roof system. Apartment interiors have been updated with newer flooring, paint, and some appliances.
Active
$699,900
40 & 50 W Main St, Platteville, WI 53818
7beds
1,700sqft
Apartment
Built in 1900
-- sqft lot
$-- Zestimate®
$412/sqft
$-- HOA
What's special
- --
- on Zillow
- 123
- views
- 9
- saves
Zillow last checked:
Listing updated:
Listed by:
Paige LeConte,
RE/MAX Advantage Realty,
Troy Timmerman,
Equity Real Estate Group, LLC
Source: SCWMLS,MLS#: 2035619
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Electric, Forced Air
Appliances
- Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3), Refrigerator (Unit 4), Dishwasher (Unit 4), Water Softener Owned
Features
- Internet -Fiber Available
- Basement: Full,Unfinished
Interior area
- Total structure area: 1,700
- Total interior livable area: 1,700 sqft
Property
Parking
- Total spaces: 2
- Parking features: 2 spaces, Outside, Paved
- Details: Outside
Features
- Levels: Three Or More
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 271000540000
- Zoning: B-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Wood Siding, Brick, Stone
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Included
Community & HOA
Community
- Security: Security System
Location
- Region: Platteville
Financial & listing details
- Price per square foot: $412/sqft
- Tax assessed value: $729,600
- Annual tax amount: $11,490
- Date on market: 10/30/2026
- Inclusions: Stove (7) & Refrigerator (7) in each apartment unit.
- Exclusions: Tenants & Sellers personal property
- Total actual rent: 39300
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/30/2026 | Listed for sale | $699,900$412/sqft |
Source: SCWMLS #2035619 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 53818
Nearby schools
Schools provided by the listing agent
- Middle: Platteville
- High: Platteville
- District: Platteville
Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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