Rare investment opportunity with immediate upside potential! This well-maintained 4-unit building features 2 beds/1 bath per unit. Three units on MTM leases under market rents, offering room for immediate income growth. Exterior is low-maintenance brick w/ vinyl windows and updated landscaping. Ample off-street parking includes a 4-car garage, w/ new garage doors. All units have been recently updated with newer kitchens, LVP flooring, fresh interior paint, and updated doors. Basement includes individual storage lockers w/ washer/dryer hookups. Newer furnaces and hot water heaters. Tenants pay for all utilities! Turnkey property with value-add potential. Delayed showings beginning on Sat June 7th. Showings available between 12pm-2pm on Sat June 7th and Sun June 8th
Sold for $453,000 on 06/30/25
$453,000
118 South JOSEPH STREET, Appleton, WI 54915
8beds
2,640sqft
Multi Family, Apartment
Built in 1966
-- sqft lot
$456,200 Zestimate®
$172/sqft
$1,145 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 02, 2025 at 11:12pm
Listed by:
Chad Durkee Office:920-569-0827,
Dallaire Realty
Bought with:
Non-Member Account
Source: WIREX MLS,MLS#: 50309325
Originating MLS: REALTORS Association of Northeast Wisconsin

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Features
- Basement: Full,Sump Pump,Block
- Has fireplace: No
Interior area
- Total structure area: 2,640
- Total interior livable area: 2,640 sqft
- Finished area below ground: 0
Property
Parking
- Parking features: Outside
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,276 sqft
- Dimensions: 71 x 120
- Features: Level
Details
- Parcel number: 314420200
- Zoning: MULTI-FAMILY(4UNITS),Residential
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
Condition
- 21+ Years
- New construction: No
- Year built: 1966
Utilities & green energy
- Electric: Separate Electric Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Individ Control Each Unit, Separate Electric Meters, Separate Gas Meters, Cable Available
Community & neighborhood
Location
- Region: Appleton
- Municipality: Appleton
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Arms Length Sale
Services availability

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