Rare opportunity to acquire Beacon Avenue Apartments, a well-maintained 10-unit multifamily property in New London, Wisconsin, offering an attractive 6.27 going-in cap rate with meaningful income upside. Built in 2000, the property features durable brick construction, a desirable all-two-bedroom unit mix, and garage parking for every unit, including two spacious townhome-style residences with attached garages. The property has been professionally managed and maintained, providing investors with a clean, stable asset and limited near-term operational heavy lifting.
Pending
$1,650,000
840 E Beacon AVENUE, New London, WI 54961
--beds
--baths
--sqft
Multi Family, Apartment
Built in 2000
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
All-two-bedroom unit mixDurable brick construction
- 37 days
- 197
- 6
Zillow last checked:
Listing updated:
Listed by:
Dan Bowar 262-364-1907,
Marcus & Millichap-Milwaukee
Source: WIREX MLS,MLS#: 1977639
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Hot Water/Steam
Appliances
- Included: Dryer, Washer, Seller Owned: Water Heater
Features
- Basement: None / Slab
- Has fireplace: No
Property
Parking
- Parking features: Indoor Space, Outdoor Space, Inside Parking, Outside
- Has garage: Yes
Lot
- Size: 0.87 Acres
Details
- Parcel number: 333060600
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick/Stone, Brick
Condition
- 21+ Years
- New construction: No
- Year built: 2000
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: New London
- Municipality: New London
Financial & listing details
- Annual tax amount: $8,908
- Date on market: 8/25/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2026 | Pending sale | $1,650,000 |
Source:  WIREX MLS #1977639 Report a problem | ||
| 8/25/2026 | Listed for sale | $1,650,000 |
Source: WIREX MLS #1977639 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.Climate risks
Neighborhood: 54961
Nearby schools
Schools provided by the listing agent
- Middle: New London
- District: New London
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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