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  • $349,900

    537 S Main St, Fall River, WI 53932

    6beds
    4,221sqft
    : 
    $2,400/mo
    Get pre-qualified
    Apartment
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $83/sqft
    $-- HOA

    What's special

    Affordable 4-unit investment opportunity in the Village of Fall River. This all-brick multifamily property features three 2-bedroom, 1-bath units and one efficiency unit. Conveniently located near Highway 151, the property offers an easy commute to Madison while providing the benefits of a strong small-town rental market. Currently owner-occupied, the property presents an excellent value-add opportunity with rents below current market rates, allowing investors the potential to increase cash flow over time. The durable brick exterior, desirable unit mix, and strong rental demand make this an attractive addition to any investment portfolio. Whether you’re a first-time investor looking to enter the multifamily market or an experienced investor seeking to expand your portfolio, this property offers affordability, upside potential, and long-term investment value in a convenient location.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Bart Baker,

    First Weber, Inc,

    Taylor Gordon,

    First Weber, Inc

    Source: SCWMLS,MLS#: 2026164

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Natural Gas, Radiant, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2), Individual Heat Control (Unit 3)
      Appliances
      • Included: Dishwasher (Unit 1), Range/Oven (Unit 1), Refrigerator (Unit 1), Washer/Dryer (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2), Washer/Dryer (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3), Range/Oven (Unit 4), Refrigerator (Unit 4)
      • Laundry: In Unit (Unit 1), In Unit (Unit 2)
      Features
      • Eat In Kitchen (Unit 1), Family/Rec Room (Unit 1), Shared basement, Den/Office (Unit 2), Eat In Kitchen (Unit 2), Family/Rec Room (Unit 2), Eat In Kitchen (Unit 3), Family/Rec Room (Unit 3), Eat In Kitchen (Unit 4), Family/Rec Room (Unit 4)
      • Flooring: Wood or Simulated Wood (Unit 1), Wood or Simulated Wood (Unit 2), Wood or Simulated Wood (Unit 4)
      • Basement: Full,Exterior Entry,Storage Space,Unfinished,Walk-Out Access
      Interior area
      • Total structure area: 4,221
      • Total interior livable area: 4,221 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: 1 space, Asphalt, Carport, Extra space available, Off Street
      • Carport spaces: 3
      • Details: Outside
      Features
      • Levels: Two
      • Patio & porch: Balcony/Patio (Unit 1), Balcony/Patio (Unit 2)
      Lot
      • Size: 10,018 Square Feet
      Details
      • Parcel number: 11126 9
      • Zoning: RES

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Apartment
      Materials
      • Foundation: Block

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Heat Included, Separate elec meters, Sewer Included, Water Included, Internet - Cable

      Community & HOA

      Location
      • Region: Fall River

      Financial & listing details

      • Price per square foot: $83/sqft
      • Tax assessed value: $138,200
      • Annual tax amount: $2,607
      • Date on market: 6/18/2026
      • Inclusions: 4 Refrigerators, 4 Stooves, 2 washers, 2 Dryers, 1 Dishwasher
      • Exclusions: Tenants personal property
      • Total actual rent: 26112

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,595/mo

        Price history

        DateEventPrice
        6/18/2026Listed for sale$349,900$83/sqft
        Source: SCWMLS #2026164 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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 53932

        Getting around

        13 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Fall River
        • Middle: Fall River
        • High: Fall River
        • District: Fall River

        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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