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-shingle roofs, creating a clean, modern appearance with low-maintenance appeal. With 18 existing 3-bedroom, 2-bathroom units plus a vacant lot and additional land, this property offers an exceptional combination of existing rental housing and future potential. A unique opportunity to acquire a substantial multifamily portfolio with newer construction, desirable finishes, attached garage access, and additional land for future possibilities.
Interior Features
- Above Grade Finished Area: 26,640 SqFt
- Building Area Total: 26,640 SqFt
- Cooling: Central Air
- Flooring: Carpet
- Foundation: Poured
- Heating: Forced Air
- Living Area: 26,640 SqFt
Exterior Features
- Construction: Stone, Vinyl Siding
- Lot Size: 22.21 Acres
- Road Surface: Asphalt
- Road Type: Private Road
- Sewer: Mound Septic, Shared Septic, Septic Tank
- Water Source: Shared Well, Well
Property Details
- 2025 Taxes: $32,767
- County: Dunn
- Possession: Close of Escrow, Subject To Tenant Rights
- Possible Use: Other, See Remarks
- Property Subtype: Commercial
- School District: Elk Mound Area
- Status: Active
- Subdivision: Meadows Edge Twnhms
- Township: Town of Elk Mound
- Year Built: 2022
- Zoning: Residential, Residential-Duplex
- Listing Office: Chippewa Valley Real Estate, LLC
- Last Update: October 8th @ 2:09 PM
