$450,000

5 Beds 2 Baths 1,908 Sqft

531 Fremont Street, Lake Geneva, WI 53147

Property Type: Multi-Family
Building Type: 2 Story,Duplex
Time on Market: 4 days
Price per Sqft: $236
Garage: Y
Total Taxes: $3,769
Est. Age: 21+ Years

Description

Excellent investment opportunity just a short stroll from the shores of Geneva Lake! Featuring two spacious units, each separately metered and occupied, providing immediate income potential. Situated in a peaceful residential neighborhood, the duplex offers convenient alley access with ample off-street parking. Set on a generous quarter-acre lot, there's plenty of room to expand with the potential for a garage. Both units include their own private laundry, adding to tenant appeal. The lower level unit also enjoys access to a welcoming front porch, mudroom, and basement storage. Recent updates include new hardwood floors and an updated bathroom on the lower level. Strong rental potential and a sought-after location near downtown Lake Geneva makes this a smart addition to any portfolio

Unit Breakdown

Unit Beds Full Baths Half Baths Sq Ft
Unit 1 2 1 0 —
Unit 2 3 1 0 —

Property Details

Interior

Basement:
  • Full
Baths:
  • Full Baths: 2
Sqft:
  • Total Sqft: 1,908
  • Lot Sqft Source: Owner
  • Estimated Sqft Range: Not Available

Exterior

Acreage:
  • Range: 0.0 to .499
  • Source: Assessor/Public Record
Exterior:
  • Aluminum/Steel, Aluminum
Garage:
  • Details: None
Parking:
  • Details: 1 Space
Water:
  • Waterfront: N
Water/Waste:
  • Municipal Sewer, Municipal Water

Misc.

New Construction:
  • N
Postal:
  • Code: 53147
Street:
  • Name: Fremont STREET
  • Suffix: STREET
Tax Year:
  • 2025
Utilities:
  • Details: 2 Electric Meters,2 Gas Meters
Zoning:
  • Residential

Map

Listing Agent-Provided Directions:
  • From downtown Lake Geneva, head 6 blocks north on Broad Street. Turn west (left) onto Dodge St. Turn north (right) onto Fremont St. Property is on the right.

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Schools and Neighborhood

Middle School:
  • Lake Geneva
High School:
  • Badger
School District:
  • Lake Geneva J1
Postal City:
  • Lake Geneva
Municipality:
  • Name: LAKE GENEVA
  • Type: City
County:
  • WALWORTH

Market Comparison

How this property compares to local market averages — calculated 4/24/2026

This Property
Lake Geneva Multi Family Home Avg
Walworth County Multi Family Home Avg
List Price
$450,000
$621,450
$727,638
Median Price
—
$404,950
$499,000
Price / Sq Ft
$236
$205
$197
Days on Market
4 days
23 days
41 days
Total Listings
—
4
13

Listing Information

  • Time on Market: 4 days
  • Place Perfect Last Updated: 2026-04-19 02:24:45
  • MLS Number: 1958229
  • Subsystem Locale: WIREX_METRO
  • Listing Office: The Real Estate Studio-Elkhorn
  • Listing Agent: Jessica Mowery

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