Grow your investment portfolio with this 12-unit multifamily opportunity featuring four townhouse-style buildings in a quiet rural setting just outside Shullsburg. An ideal fit for the investor ready to move from owning a few rental properties to a larger income-producing asset. Built with low-maintenance slab-on-grade construction, the property also features a newer roof, several updated units, accessible units and parking, private 4' x 6' storage for each tenant, approximately 25 off-street parking spaces, and a shared laundry facility with two newer coin-operated washers and dryers recently added by the owner. Convenient on-site maintenance help is available if desired. Located about 30 minutes from Dubuque and 25 minutes from Platteville, this is an excellent opportunity to expand your rental portfolio. See the Offering Memorandum in the MLS documents for additional financial details.
For sale
$1,599,000
405 E Truth St APT 1, Shullsburg, WI 53586
10beds
3,500sqft
Multi Family
Built in 1993
-- sqft lot
$-- Zestimate®
$457/sqft
$-- HOA
What's special
- --
- on Zillow |
- 144
- views |
- 4
- saves |
Zillow last checked:
Listing updated:
Listed by:
Sally Luehman,
REMAX RealPros
Source: SCWMLS,MLS#: 2029297
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2), Individual Heat Control (Unit 3)
Cooling
- Air Conditioning (Unit 1), Air Conditioning (Unit 2), Air Conditioning (Unit 3)
Appliances
- Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3)
- Laundry: Common Area
Features
- Family/Rec Room (Unit 1), Dining Room (Unit 1), Separate Storage (Unit 1), Family/Rec Room (Unit 2), Dining Room (Unit 2), Separate Storage (Unit 2), Family/Rec Room (Unit 3), Dining Room (Unit 3), Separate Storage (Unit 3)
- Basement: None
Interior area
- Total structure area: 3,500
- Total interior livable area: 3,500 sqft
Property
Parking
- Total spaces: 24
- Parking features: 2 spaces, Outside, Asphalt, Extra space available, Off Street, Parking Lot, Paved
- Details: Outside
Features
- Levels: Two
- Patio & porch: Balcony/Patio (Unit 1), Balcony/Patio (Unit 2), Balcony/Patio (Unit 3)
Lot
- Size: 2.04 Acres
Details
- Parcel number: 28105500000
- Zoning: R-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Year built: 1993
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate elec meters, Separate gas meters, Sewer Included, Water Included
Community & HOA
Location
- Region: Shullsburg
Financial & listing details
- Price per square foot: $457/sqft
- Tax assessed value: $627,900
- Annual tax amount: $12,446
- Date on market: 7/30/2026
- Inclusions: All Stoves and refrigerators included, on site 4x6 storage units for each tenant
- Exclusions: Tenant AC units
- Total actual rent: 48900
Estimated market value
Not available
Estimated sales range
Not available
$1,034/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Listed for sale | $1,599,000$457/sqft |
Source: SCWMLS #2029297 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: 53586
Nearby schools
GreatSchools rating
- 5/10Shullsburg Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Shullsburg Junior High SchoolGrades: 6-8Distance: 0.3 mi
- 8/10Shullsburg High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Shullsburg
- Middle: Shullsburg
- High: Shullsburg
- District: Shullsburg
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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A local agent can set up tours, give advice and negotiate with sellers.
