Active Residential Income  |  Apartment  |  MLS #1603346
  • 507 Wilson Street 1-8

    Downing, WI 54734
    • 7,920 Square
      Feet
    • 0.75 Total
      Acres
  • $75,000

    $9/Sq.Ft.

Real Estate Auction with Reserve Ending 8/17/26. Offering a 7-unit complex - 5 units available for lease. 2 leases are expired but have been continuing as if signed. New owner will be able to start fresh with new lease agreements. Consisting of (5) Two-Bedroom & (2) One-Bedroom Apartments. Qualified bidders only (Bank Letter Required to bid). 5% down (non-refundable if reserve is met) within 24 hours from auction ending, (cash or cashier’s check) balance due within 30 days. The offer will be written on a Wisconsin approved “Offer to Purchase” form with no contingencies of any kind. Buyer agrees to accept property "AS IS, WHERE IS". Buyer shall rely on his/her own judgment of the condition of the property. No warranties or guarantees are implied. Seller has filled out a Disclosure Report, buyer agrees to accept. Guaranteed clear title, Seller’s Title policy provided. 3% Buyer’s Fee. The Offer to Purchases will be drafted by the listing broker. A copy available upon request.

Interior Features

  • Above Grade Finished Area: 5,280 SqFt
  • Appliances Included: Gas Water Heater, Oven, Range, Refrigerator
  • Basement: Walk-Out Access
  • Below Grade Finished Area: 2,000 SqFt
  • Below Grade Unfinished Area: 640 SqFt
  • Building Area Total: 7,920 SqFt
  • Electric: Circuit Breakers
  • Foundation: Block
  • Heating: Baseboard
  • Living Area: 7,280 SqFt

Exterior Features

  • Construction: Brick
  • Lot Size: 0.75 Acres
  • Parking: Driveway, Gravel
  • Sewer: Public Sewer
  • Water Source: Private, Well

Property Details

  • 2025 Taxes: $3,936
  • County: Dunn
  • Number of Units: 2
  • Possession: Subject To Tenant Rights
  • Property Subtype: Apartment
  • School District: Glenwood City
  • Status: Active
  • Township: Village of Downing
  • Unit Number: 1-8
  • Year Built: 1950
  • Zoning: Commercial
  • Listing Office: Lee Real Estate & Auction Service
  • Last Update: July 16th @ 3:48 PM

Units

Unit #1  |  $575
Bedrooms: 1  |  Bathrooms: 0

Oven/Range, Refrigerator

Unit #2  |  $625
Bedrooms: 2  |  Bathrooms: 0

Oven/Range, Refrigerator

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Data relating to real estate for sale on this website comes in part from the IDX program of the NW WI MLS. Information provided by NW WI MLS is compiled from third-party sources. The information is deemed reliable, but cannot be guaranteed. Neither NW WI MLS, the listing broker, or its agents or subagents are responsible for its accuracy. DISCLAIMER: This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is updated on a regular basis. However, some properties which appear for sale on this site may subsequently have been sold and may no longer be available. This data is current as of August 2nd, 2026 at 8:10 AM.