0 615th Avenue, Elk Mound, WI 54739

$4,495,000

Property Type: Commercial Bedrooms: 54 Baths: 36 Square Footage: 2,960 Lot Size (sq. ft.): 967,468 Status: Active

Current Price: $4,495,000 List Date: 9/14/2026 Last Modified: 9/14/2026

Overview

Description

Rare multifamily investment and development opportunity in Elk Mound! This expansive property offers 9 duplex buildings totaling 18 units, a vacant lot, and additional land, creating a unique opportunity for investors, developers, or owners looking to expand their rental portfolio. Each unit offers approximately 1,480 square feet with 3 bedrooms and 2 bathrooms, providing spacious and functional living arrangements. The townhome-style units feature modern finishes including LVT flooring throughout the main living areas, carpeted bedrooms, upgraded kitchen cabinetry, quartz countertops, and stainless steel appliances. Each unit includes a stove, refrigerator, dishwasher, microwave, washer, and dryer. Additional features include gas forced-air heating, central air conditioning, and individual electric water heaters. Each unit offers private exterior access as well as convenient access from the garage. The buildings feature attractive vinyl siding and stone veneer exteriors with asphalt-s ... (Read more)

Listing Details MLS# 7143165

General Property Information

Lot Measurement: Acres
Multiple PIDs?: Yes
Owner Occupied: No
Waterfront YN: No
Year Built: 2022
Yearly/Seasonal: Yearly
Zoning: Lot, Residential-Multi-Family
Foundation Size: 2960
Garage Stalls: 2
Power Company: Xcel Energy
For Sale or Lease: For Sale
Acres: 22.21
Lot Dimensions: 0 x 0
Assessment Pending: No

Property Features

Accessible: No Stairs External; No Stairs Internal Air Conditioning: Central Air Amenities Shared: None Amenities Unit: Ceiling Fan(s); Deck; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer Basement: None CMU Style: Duplex Side by Side Construction Materials: Frame Construction Status: Previously Owned Current Use: Residential; Vacant Exterior: Brick/Stone; Vinyl Fencing: None Flooring: Carpet; Luxury Vinyl Tile Foundation: Wood Fuel: Propane Heating: Forced Air On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Owner Pays: Lawn; Lawn; Snow Removal Pool Description: None Rent Rate per Foot: Per Month Road Frontage: Private Road Road Responsibility: Private Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles Sewer: Mound Septic; Septic System Compliant - Yes; Shared System; Tank with Drainage Field Stories: One Tenant Pays: All Utilities Wall Description: Drywall Water: Shared System; Well Window Features: Double Pane Windows

Contract Information

Exclusions: Leased Culligan water systems, leased LP tanks, Tenant's personal property
Contingency: None
ListPrice: 4495000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

Street Name: 615th
Street Suffix: Avenue
Postal City: Elk Mound
County: Dunn
State: WI
Zip Code: 54739
Complex/Dev/Subdivision: Meadows Edge Apartments

Additional Parcels Information

Property ID #2: 1700822811183400010
Property ID #3: 1700822811183400011,1700822811183400012,1700822811183400013,1700822811183400014,1700822811183400017,1700822811183400018,1700822811183400019,1700822811183400020,1700822811183400021,1700822811183400022,1700822811184300013

Building Information

Building Finished SqFt: 2960
Building SqFt: 2960
Ceiling Height: 8-10

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 16 x 24
Garage Door Height: 9
Garage Door Width: 16
Garage Square Feet: 590

Public Survey Info

Range#: 11W
Section#: 18
Township#: 28N

Sale Options

Sale Includes: Building, Fixture/Equipment, Land

Unit 1

Unit Number: E7824
Monthly Rent: 1700
Full Baths: 2
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Level: Main Level
Unit Total SqFt: 1480
Leased?: Yes
Lease Expiration Date: 2027-04-30

Unit 10

Full Baths: 2
Lease Expiration Date: 2027-07-18
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7848
Unit Total SqFt: 1480

Unit 11

Full Baths: 2
Lease Expiration Date: 2027-06-30
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7887
Unit Total SqFt: 1480

Unit 12

Full Baths: 2
Lease Expiration Date: 2027-05-31
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7889
Unit Total SqFt: 1480

Unit 13

Full Baths: 2
Lease Expiration Date: 2027-05-24
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7873
Unit Total SqFt: 1480

Unit 14

Full Baths: 2
Lease Expiration Date: 2027-09-28
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7875
Unit Total SqFt: 1480

Unit 15

Full Baths: 2
Lease Expiration Date: 2027-06-22
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7859
Unit Total SqFt: 1480

Unit 2

Full Baths: 2
Lease Expiration Date: 2027-04-30
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7824
Unit Total SqFt: 1480

Unit 3

No. of 3 Bedroom Units: 18
Full Baths: 2
Lease Expiration Date: 2027-06-18
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7831
Unit Total SqFt: 1480

Unit 4

Full Baths: 2
Lease Expiration Date: 2027-06-30
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7833
Unit Total SqFt: 1480

Unit 5

Full Baths: 2
Lease Expiration Date: 2027-04-30
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7830
Unit Total SqFt: 1480

Unit 6

Full Baths: 2
Lease Expiration Date: 2027-06-26
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7832
Unit Total SqFt: 1480

Unit 7

Full Baths: 2
Lease Expiration Date: 2027-03-15
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7838
Unit Total SqFt: 1480

Unit 8

Full Baths: 2
Lease Expiration Date: 2027-05-01
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7840
Unit Total SqFt: 1480

Unit 9

Full Baths: 2
Lease Expiration Date: 2027-07-31
Leased?: Yes
Level: Main Level
Monthly Rent: 1700
Total Bathrooms: 2
Total Bedrooms: 3
Total Rooms: 7
Unit Number: E7846
Unit Total SqFt: 1480

Unit Details

Total Units: 18

Documents

Meadows Edge Townhomes LLC - GIS aerial ›

Listing Office: Chippewa Valley Real Estate, L

Last Updated: September - 14 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

0 615th Avenue, Elk Mound, WI 54739 (MLS# 7143165)