$4,495,000

0 Beds 0 Baths 26,640 Sqft

E7822-E7887 615th Avenue, Elk Mound, WI 54739

Property Type: Commercial
Time on Market: 6 days
Price per Sqft: $169
Lot Size: 0 x 0 x
Total Taxes: $47,088
Est. Age: 0-5 Years

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-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.

Property Details

Interior

Basement:
  • None / Slab, Poured Concrete
Heating/Cooling:
  • Central Air, Forced Air
Sqft:
  • Total Sqft: 26,640
  • Estimated Sqft Range: 5001 or more

Exterior

Acreage:
  • Range: 20+
Exterior:
  • Stone, Vinyl
Lot:
  • Size: 0 x 0 x
Water:
  • Waterfront: N
Water/Waste:
  • Private Septic System, Mound System, Shared Septic, Well

Misc.

Commercial:
  • Features: Carpeting
New Construction:
  • N
Postal:
  • Code: 54739
Real Estate Included:
  • Y
Street:
  • Name: 615th Avenue
  • Suffix: AVENUE
Tax Year:
  • 2025
Zoning:
  • Residential,Residential-Duplex

Map

Listing Agent-Provided Directions:
  • From I-94, take Highway 40 North toward Elk Mound. Turn west onto 620th Avenue and continue approximately 1 mile to the property. Property will be on the right.

Monthly Payment Calculator

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Schools and Neighborhood

School District:
  • Elk Mound
Postal City:
  • Elk Mound
Municipality:
  • Name: ELK MOUND
  • Type: Town
County:
  • DUNN

Market Comparison

How this property compares to local market averages — calculated 10/15/2026

This Property
Elk Mound Commercial Property Avg
Dunn County Commercial Property Avg
List Price
$4,495,000
$1,985,760
$970,611
Median Price
—
$399,900
$499,500
Price / Sq Ft
$169
$95
$144
Days on Market
6 days
41 days
117 days
Total Listings
—
5
34

Listing Information

  • Time on Market: 6 days
  • Place Perfect Last Updated: 2026-10-08 14:18:02
  • MLS Number: 1605052
  • Subsystem Locale: WIREX_NWW
  • Listing Office: Chippewa Valley Real Estate, LLC
  • Listing Agent: The Raven Team

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