Excellent opportunity to own a Beloit College Area 2-unit offering strong rental income.This property features traditional charm with quality updates. Lower unit rents at $1,200/month, reflecting strong demand in the area. Upper unit rents at $850/month. All dimensions and sq ft to be verified by Buyer Seller/Agent is a licensed Realtor All offers must include standard 1031 Exchange Language: Please refer to the associated docs for exact language
Sold for $212,000
$212,000
640 Central Ave, Beloit, WI 53511
4beds
1,840sqft
Apartment
Built in 1936
-- sqft lot
$216,500 Zestimate®
$115/sqft
$1,399 Estimated rent
Home value
$216,500
Estimated sales range
Not available
$1,399/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Michael Marquette,
Century 21 Affiliated
Bought with:
Olivia Martinez-Pergolski, 54925-94
Kerwin's Real Estate Agency
Source: SCWMLS,MLS#: 2015520
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Cooling
- Air Conditioning (Unit 1)
Appliances
- Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2)
Features
- Shared basement
- Flooring: Wood or Simulated Wood (Unit 1)
- Basement: Full
Interior area
- Total structure area: 1,840
- Total interior livable area: 1,840 sqft
Property
Parking
- Total spaces: 4
- Parking features: 2 spaces, 2 stall garage, Detached, Outside
- Garage spaces: 2
- Details: Outside
Lot
- Size: 6,969 sqft
Details
- Parcel number: 206 13660740
- Zoning: RES
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Wood Siding
Condition
- Year built: 1936
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate elec meters, Separate gas meters, Separate water meters
Community & neighborhood
Location
- Region: Beloit
HOA & financial
Other financial information
- Total actual rent: 24600
Other
Other facts
- Listing terms: Arms Length
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2026 | Sold | $212,000-7.8%$115/sqft |
Source: SCWMLS #2015520 Report a problem | ||
| 2/4/2026 | Pending sale | $230,000$125/sqft |
Source:  WIREX MLS #2015520 Report a problem | ||
| 1/27/2026 | Listed for sale | $230,000$125/sqft |
Source: WIREX MLS #2015520 Report a problem | ||
| 9/5/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/6/2023 | Listed for rent | $800+3.2% |
Source: Zillow Rentals Report a problem | ||
| 8/5/2022 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 7/8/2022 | Listed for rent | $775 |
Source: Zillow Rental Network_1 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,721 -15.8% | $141,800 +9.5% |
| 2023 | $2,044 -3.7% | $129,500 |
| 2022 | $2,123 -15.3% | $129,500 +64.5% |
| 2021 | $2,506 +10% | $78,700 |
| 2020 | $2,278 +4.3% | $78,700 |
| 2019 | $2,184 -0.9% | $78,700 |
| 2018 | $2,204 | $78,700 |
| 2017 | $2,204 +6.8% | $78,700 |
| 2016 | $2,063 +3.8% | $78,700 |
| 2014 | $1,988 +2.4% | $78,700 |
| 2013 | $1,942 -1.6% | $78,700 |
| 2012 | $1,974 +0.7% | $78,700 |
| 2011 | $1,960 | $78,700 |
| 2010 | -- | $78,700 -8.8% |
| 2009 | -- | $86,300 -1.4% |
| 2008 | -- | $87,500 +3.3% |
| 2007 | -- | $84,700 +8.7% |
| 2006 | -- | $77,900 +6.3% |
| 2005 | -- | $73,300 +2.9% |
| 2004 | -- | $71,200 +2.2% |
| 2003 | -- | $69,700 +2.5% |
| 2002 | -- | $68,000 +5.9% |
| 2001 | -- | $64,200 |
Find assessor info on the county website
Neighborhood: 53511
Nearby schools
GreatSchools rating
- 1/10Merrill Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 1/10Beloit Virtual SchoolGrades: PK-12Distance: 1.4 mi
- 2/10Memorial High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- High: Memorial
- District: Beloit
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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Estimated market value
$216,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$216,500
- Wisconsin
- Rock County
- Beloit
- 53511
- 640 Central Ave
Nearby cities
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