537 S Main Street, Fall River, WI 53932
537 S Main Street, Fall River, WI 53932
537 S Main Street, Fall River, WI 53932
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Marcie Schmidt

Marcie Schmidt

+1(608) 215-1004
Listed by First Weber, Inc • HomeInfo@firstweber.com
$349,900
6 Beds
4 Baths
4,221 SqFt
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Key Details

Property Type Multi-Family

Sub Type Apartment building,2 story

Listing Status Active

Purchase Type For Rent

Square Footage 4,221 sqft

MLS Listing ID 2026164

Bedrooms 6

Full Baths 4

Annual Tax Amount $2,607

Tax Year 2025

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Apartment building,2 story

Property Description

Affordable 4-unit investment opportunity in the Village of Fall River. This all-brick multifamily property features three 2-bedroom, 1-bath units and one efficiency unit. Conveniently located near Highway 151, the property offers an easy commute to Madison while providing the benefits of a strong small-town rental market. Currently owner-occupied, the property presents an excellent value-add opportunity with rents below current market rates, allowing investors the potential to increase cash flow over time. The durable brick exterior, desirable unit mix, and strong rental demand make this an attractive addition to any investment portfolio. Whether you're a first-time investor looking to enter the multifamily market or an experienced investor seeking to expand your portfolio, this property offers affordability, upside potential, and long-term investment value in a convenient location.

Location

State WI

County Columbia

Area Fall River - V

Zoning RES

Direction From Columbus, take WI-16 W, turn right onto S Main St, property on right

Rooms

Basement Full, Walkout to yard, Block foundation, Outside entry only, Storage area, Unfinished, Walk out/Outer door

Interior

Heating Radiant

Inclusions 4 Refrigerators, 4 Stooves, 2 washers, 2 Dryers, 1 Dishwasher

Heat Source Natural Gas

Exterior

Parking Features Carport, 1 space, Blacktop/Asphalt, Extra space available, Off street

Utilities Available Heat Included, Separate elec meters, Sewer Included, Water Included

Building

Water Municipal sewer, Municipal water

Structure Type Brick/Stone

Schools

Elementary Schools Fall River

Middle Schools Fall River

High Schools Fall River

School District Fall River

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South Central Wisconsin MLS (SCWMLS)
This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved

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Marcie Schmidt

Marcie Schmidt

+1(608) 215-1004

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