Discover an exceptional investment opportunity with these 3 6-unit apartment buildings, perfectly designed for maximum income potential. Each unit boasts 2 spacious bedrooms and 1 modern bathroom, catering to a broad range of tenants seeking comfort and convenience. This property has a proven track record of generating substantial rental income, making it a reliable addition to your investment portfolio. It is situated in a desirable neighborhood with easy access to shopping, dining, and public transportation, attracting long-term tenants. The property includes sufficient parking spaces for all units, enhancing tenant convenience and property appeal. This apartment building is not just an investment; it's a high-performing asset that promises a steady stream of income!
Sold for $1,715,000
$1,715,000
819-821-823 Lum Ave, Waterloo, WI 53594
4beds
1,500sqft
Apartment
Built in 1990
-- sqft lot
$1,892,900 Zestimate®
$1,143/sqft
$1,601 Estimated rent
Home value
$1,892,900
$1.63M - $2.20M
$1,601/mo
Zestimate® history
Owner options
List your home for rent
$1,601/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,601/mo
Rent Zestimate®
Refinance and save
$9,065/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$9,065/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Brian Lawton,
EXIT Realty HGM
Bought with:
Jerilyn Endrizzi, 78599-94
Coldwell Banker Real Estate Group
Source: SCWMLS,MLS#: 1981105
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Radiant, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2)
Appliances
- Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2)
Features
- Eat In Kitchen (Unit 1), Eat In Kitchen (Unit 2)
- Flooring: Wood or Simulated Wood (Unit 1), Wood or Simulated Wood (Unit 2)
- Basement: None
Interior area
- Total structure area: 1,500
- Total interior livable area: 1,500 sqft
Property
Parking
- Total spaces: 28
- Parking features: Outside
- Details: Outside
Lot
- Size: 1.57 Acres
Details
- Parcel number: 29008130523047
- Zoning: multi
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Brick, Stone, Vinyl Siding
Condition
- Year built: 1990
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate elec meters, Separate gas meters
Community & HOA
Location
- Region: Waterloo
Financial & listing details
- Price per square foot: $1,143/sqft
- Tax assessed value: $1,242,500
- Annual tax amount: $25,309
- Date on market: 7/10/2024
- Listing terms: Arms Length
- Inclusions: 18 refrigerators, 18 stoves/ovens
- Exclusions: seller and tenant personal property
- Total actual rent: 20100
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2025 | Sold | $1,715,000-9.7%$1,143/sqft |
Source: SCWMLS #1981105 Report a problem | ||
| 1/27/2025 | Pending sale | $1,900,000$1,267/sqft |
Source:  WIREX MLS #1981105 Report a problem | ||
| 12/11/2024 | Listed for sale | $1,900,000$1,267/sqft |
Source: WIREX MLS #1981105 Report a problem | ||
| 12/3/2024 | Contingent | $1,900,000$1,267/sqft |
Source: WIREX MLS #1981105 Report a problem | ||
| 8/9/2024 | Listed for sale | $1,900,000$1,267/sqft |
Source: WIREX MLS #1981105 Report a problem | ||
| 7/26/2024 | Contingent | $1,900,000$1,267/sqft |
Source: WIREX MLS #1981105 Report a problem | ||
| 7/10/2024 | Listed for sale | $1,900,000$1,267/sqft |
Source: WIREX MLS #1981105 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 53594
Nearby homes
- $245,2003 bd1 ba1.1k sqft925 E Madison St, Waterloo, WI 53594Sold
- $179,200-- bd-- ba-- sqft937 E Madison St, Waterloo, WI 53594Off Market
- $225,0003 bd1 ba1.2k sqft917 E Madison St, Waterloo, WI 53594Sold
- $202,000-- bd-- ba-- sqft911 E Madison St, Waterloo, WI 53594Off Market
- $341,300-- bd-- ba-- sqft955 E Madison St, Waterloo, WI 53594Off Market
- $260,0004 bd1 ba1.2k sqft905 E Madison St, Waterloo, WI 53594Sold
- $276,300-- bd-- ba-- sqft160 Grove St, Waterloo, WI 53594Off Market
- $260,900-- bd-- ba-- sqft140 Grove St, Waterloo, WI 53594Off Market
Nearby schools
GreatSchools rating
- 6/10Waterloo Intermediate SchoolGrades: 5-6Distance: 0.9 mi
- 6/10Waterloo Middle SchoolGrades: 7-8Distance: 0.9 mi
- 7/10Waterloo High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Waterloo
- Middle: Waterloo
- High: Waterloo
- District: Waterloo
Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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
$1,892,900
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
$1,892,900
- Wisconsin
- Jefferson County
- Waterloo
- 53594
- 819-821-823 Lum Ave
Nearby cities
Nearby zip codes
Other Waterloo Topics
