Incredible investment opportunity in the heart of downtown Waterford! This well-maintained 4-family property features spacious units and a rare 4-car detached garage - perfect for a work shop or extra income. This properties offers excellent rental income potential and/or would be great for a buyer looking to owner occupy. Conveniently located within walking distance to shops, restaurants, and the waterfront. Perfect for investors or owner-occupants looking to build equity. Don't miss this prime location with strong rental demand!
Contingent
$364,900
229 W Main STREET, Waterford, WI 53185
--beds
--baths
--sqft
Multi Family, Apartment
Built in 1943
-- sqft lot
$327,700 Zestimate®
$--/sqft
$-- HOA
What's special
- 65 days |
- 28 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Kettle Moraine Realty Group*,
Keller Williams Realty-Lake Country
Source: WIREX MLS,MLS#: 1956688
Originating MLS: Metro MLS
Facts & features
Interior
Heating
- Natural Gas
Appliances
- Included: Seller Owned: Water Heater
Features
- Basement: Partial
- Has fireplace: No
Property
Parking
- Parking features: Extra Space Available, Outdoor Space, Inside Parking, Outside
Lot
- Size: 0.4 Acres
Details
- Parcel number: 191041935343000
- Zoning: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Aluminum/Steel, Aluminum Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1943
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Racine
- Municipality: Waterford
Financial & listing details
- Tax assessed value: $5,700
- Annual tax amount: $4,545
- Date on market: 4/10/2026
- Inclusions: 4 Stove/Ranges 4 Refrigerators
- Exclusions: Sellers & Tenants Personal Property
Estimated market value
$327,700
$262,000 - $403,000
$1,618/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2026 | Contingent | $364,900 |
Source: | ||
| 4/10/2026 | Listed for sale | $364,900 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $159 -6.8% | $5,700 -8.1% |
| 2023 | $170 +12.6% | $6,200 +5.1% |
| 2022 | $151 -3% | $5,900 +1.7% |
| 2021 | $156 | $5,800 +3.6% |
| 2020 | -- | $5,600 +1.8% |
| 2019 | $154 +63.8% | $5,500 +83.3% |
| 2018 | $94 -1.5% | $3,000 -44.4% |
| 2017 | $96 +6.7% | $5,400 +1.9% |
| 2016 | $90 | $5,300 |
| 2015 | $90 -6% | $5,300 |
| 2014 | $95 -42.4% | $5,300 -1.9% |
| 2013 | $166 | $5,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 53185
Nearby schools
GreatSchools rating
- 6/10Woodfield Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 7/10Fox River Middle SchoolGrades: 6-8Distance: 0.6 mi
- 6/10Waterford High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Middle: Fox River
- High: Waterford
- District: Waterford Graded J1
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Wisconsin
- Racine County
- Waterford
- 53185
- 229 W Main STREET




