Excellent investment opportunity just a short stroll from the shores of Geneva Lake! Featuring two spacious units, each separately metered, providing immediate income potential. Situated in a peaceful residential neighborhood, the duplex offers convenient alley access with ample off-street parking. Set on a generous quarter-acre lot, there's plenty of room to expand with the potential for a garage. Both units include their own private laundry, adding to tenant appeal. The lower level unit also enjoys access to a welcoming front porch, mudroom, and basement storage. Recent updates include new hardwood floors and an updated bathroom on the lower level. Strong rental potential and a sought-after location near downtown Lake Geneva makes this a smart addition to any portfolio
Active
$435,000
531 Fremont STREET, Lake Geneva, WI 53147
5beds
--sqft
Multi Family, Duplex
Built in 1910
-- sqft lot
$408,600 Zestimate®
$--/sqft
$-- HOA
What's special
Spacious unitsAmple off-street parkingWelcoming front porchBasement storageNew hardwood floorsConvenient alley accessGenerous quarter-acre lot
- 130 days |
- 927 |
- 38 |
Zillow last checked:
Listing updated:
Listed by:
Jessica Mowery 219-363-0937,
The Real Estate Studio-Elkhorn
Source: WIREX MLS,MLS#: 1958229
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Features
- Basement: Full
- Has fireplace: No
Interior area
- Living area range: Not Available Square Feet
Property
Parking
- Parking features: No Garage, 1 Space
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.25 Acres
Details
- Parcel number: ZMA 00013
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Aluminum/Steel, Aluminum Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1910
Utilities & green energy
- Electric: 2 Electric Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: 2 Electric Meters, 2 Gas Meters
Community & HOA
Location
- Region: Lake Geneva
- Municipality: Lake Geneva
Financial & listing details
- Tax assessed value: $271,000
- Annual tax amount: $3,769
- Date on market: 4/19/2026
- Inclusions: 2 Washers/Dryers, 2 Refrigerators, 2 Stove/Ranges
- Exclusions: Tenants' Personal Property
Estimated market value
$408,600
$388,000 - $429,000
$1,728/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Price change | $435,000-3.3% |
Source:  WIREX MLS #1958229 Report a problem | ||
| 4/19/2026 | Listed for sale | $450,000+16.9% |
Source: WIREX MLS #1958229 Report a problem | ||
| 5/30/2024 | Sold | $384,900+1.3% |
Source: WIREX MLS #1869479 Report a problem | ||
| 4/5/2024 | Pending sale | $379,900 |
Source: BHHS broker feed #1869479 Report a problem | ||
| 4/5/2024 | Contingent | $379,900 |
Source: WIREX MLS #1869479 Report a problem | ||
| 4/1/2024 | Listed for sale | $379,900+77.5% |
Source: WIREX MLS #1869479 Report a problem | ||
| 11/10/2020 | Sold | $214,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,529 +3.6% | $271,000 |
| 2023 | $3,407 -4.9% | $271,000 +26.6% |
| 2022 | $3,582 +1% | $214,000 |
| 2021 | $3,545 +15.5% | $214,000 +17.8% |
| 2020 | $3,069 -5.7% | $181,700 +5.3% |
| 2019 | $3,253 +4.4% | $172,600 +6.9% |
| 2018 | $3,115 -5% | $161,500 |
| 2017 | $3,279 +1% | $161,500 +3.3% |
| 2016 | $3,246 +0.5% | $156,300 +5.6% |
| 2015 | $3,230 +4.2% | $148,000 +6.8% |
| 2014 | $3,102 | $138,600 +4.8% |
| 2013 | $3,102 | $132,300 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
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: 53147
Nearby schools
GreatSchools rating
- 9/10Central - Denison Elementary SchoolGrades: PK-3Distance: 0.4 mi
- 5/10Lake Geneva Middle SchoolGrades: 6-8Distance: 2.2 mi
- 7/10Badger High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Middle: Lake Geneva
- High: Badger
- District: Lake Geneva J1
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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A local agent can set up tours, give advice and negotiate with sellers.
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