Excellent investment opportunity just a short stroll from the shores of Geneva Lake! Featuring two spacious units, each separately metered and occupied, 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
Price cut: $15K (5/12)
$435,000
531 Fremont STREET, Lake Geneva, WI 53147
5beds
--sqft
Multi Family, Duplex
Built in 1910
-- sqft lot
$419,400 Zestimate®
$--/sqft
$-- HOA
What's special
- 79 days |
- 1,049 |
- 45 |
Likely to sell faster than
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
Loading...
Facts & 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
$419,400
$398,000 - $440,000
$1,472/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Price change | $435,000-3.3% |
Source: | ||
| 4/19/2026 | Listed for sale | $450,000+16.9% |
Source: | ||
| 5/30/2024 | Sold | $384,900+1.3% |
Source: | ||
| 4/5/2024 | Pending sale | $379,900 |
Source: BHHS broker feed #1869479 Report a problem | ||
| 4/5/2024 | Contingent | $379,900 |
Source: | ||
| 4/1/2024 | Listed for sale | $379,900+77.5% |
Source: | ||
| 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 | $132,300 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Wisconsin
- Walworth County
- Lake Geneva
- 53147
- 531 Fremont STREET




