EXTENSIVELY RENOVATED | RENTAL UPSIDE | NEAR-7 PRO FORMA CAP RATE - Fulton Street Estates offers investors a stabilized 24-unit multifamily asset in Waupaca with significant recent capital improvements, remaining rent growth, and exposure to a high-demand rental market. Local apartment communities demonstrate consistently strong occupancy, while Waupaca's stable employment base and sizable senior population support long-term demand. Ownership has completed major upgrades including new roofs, windows, siding, concrete, doors, plumbing, tubs/showers, common areas and exteriors, while 17 units have interior renovations and 15 have new air conditioning. In-place rents remain below market, offering a clear path to NOI growth and a pro forma cap rate approaching 7.
Active
$3,120,000
415 Fulton STREET, Waupaca, WI 54981
--beds
--baths
--sqft
Multi Family, Apartment
Built in 1975
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
New roofs
- 17 days
- 224
- 15
Zillow last checked:
Listing updated:
Listed by:
Dan Bowar 262-364-1907,
Marcus & Millichap-Milwaukee
Source: WIREX MLS,MLS#: 1981076
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Hot Water/Steam
Appliances
- Included: Dryer, Washer, Seller Owned: Water Heater
Features
- Basement: Block,Laundry Facilities
- Has fireplace: No
Property
Parking
- Parking features: Outdoor Space, Inside Parking, Outside
Lot
- Size: 1.29 Acres
Details
- Parcel number: 34 30 12 79
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick/Stone, Brick, Vinyl Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Waupaca
- Municipality: Waupaca
Financial & listing details
- Tax assessed value: $1,597,800
- Annual tax amount: $27,518
- Date on market: 9/17/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2026 | Listed for sale | $3,120,000+282% |
Source:  WIREX MLS #1981076 Report a problem | ||
| 10/28/2005 | Sold | $816,800 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $26,101 +2.5% | $1,512,600 |
| 2023 | $25,455 +41.6% | $1,512,600 +100.8% |
| 2022 | $17,981 -2.2% | $753,300 |
| 2021 | $18,392 -6.3% | $753,300 |
| 2020 | $19,626 +5.7% | $753,300 |
| 2019 | $18,560 -9.2% | $753,300 |
| 2018 | $20,449 +2.3% | $753,300 |
| 2017 | $19,993 -4.4% | $753,300 |
| 2016 | $20,918 | $753,300 |
| 2015 | $20,918 +1.3% | $753,300 |
| 2014 | $20,649 | $753,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 54981
Nearby schools
Schools provided by the listing agent
- Middle: Waupaca
- High: Waupaca
- District: Waupaca
Source: WIREX 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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