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126 S Third St, Delavan, WI 53115
About this home
Public Remarks: Amazing opportunity to own this fully rented brick 6 unit building with 6 garage parking spaces, located one block from downtown Delavan! This 5,736 appx sf. building includes (4) 1 bedroom, 1 bath units with hardwood flooring and balconies (3 units remodeled) and (2) two bedroom 1 bathroom units with fireplaces (one unit renovated with white shaker cabinets, new kitchen appliances and flooring). Each unit has central air, individually controlled gas furnace, electric range & refrigerator. The basement has coin operated laundry, 7 tenant storage units & a large owner's storage room. Tenants pay gas & electric. Owner pays common area gas, electric, water & sewer. Newer: rear flat roof (rubber membrane) & water heater (2021), main roof (dimensional shingles) & garage roof (2014).
Redfin Estimate
Market trends in 53115, WI
Last updated August 2026
Buyer's Market
Seller's Market
Balanced market
- $449,9002 beds2 baths1,472 sq ft2226 Landings Ln, Delavan, WI 53115Christine Fox Associates Team* • Shorewest Realtors, Inc.
- $325,0004 beds2 baths2,357 sq ft107 N Harrison St, Delavan, WI 53115Julia Hillman • KW Lake + Luxury
- $469,9003 beds3 baths1,520 sq ft1438 S Delavan Club Dr Unit D6, Delavan, WI 53115Carissa Pezewski • MPC Property Management, LLC
- $935,0004 beds2.5 baths1,885 sq ft1404 Del Oaks Ln, Delavan, WI 53115Jessica Genrich • Geneva Lakefront Realty
- $424,9003 beds3 baths2,100 sq ft357 Spring Ln, Delavan, WI 53115Annette Ferrara-Backes • Milwaukee Executive Realty, LLC
- $399,0003 beds3 baths2,000 sq ft59 E Walworth Ave Unit 59 1/2, Delavan, WI 53115Jeremy Segal • Real Broker LLC
- $3,490,0004 beds4.5 baths6,194 sq ft2718 Willow Point Dr, Delavan, WI 53115Shannon Blay • Compass Wisconsin-Lake Geneva
See all
Provided by Redfin
Sale history for 126 S Third St
$96/sq ft
$100/sq ft
$54/sq ft
$48/sq ft

Public Remarks
Apartment Building for sale. Strong rental history. Units consist of both 1 bedroom and 2 bedroom units. Units include: Refrigerator, Stove, Oven, Fireplace, and 1 car detached garage.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Property details
Parking
- Parking Information
- Parking: Inside Parking, Outside
- Garage Information
- Garage: Indoor Space
Interior
- Interior Features
- Water Softener
- Room Information
- Full, Laundry Facilities
- Equipment
- Appliances: Dryer (Seller Owned), Washer (Seller Owned), Water Heater (Seller Owned)
- Multi-Unit Information
- # of Units: 6
Exterior
- Building Information
- Building Type: Apartment Building
- Stories: 1-2
- Exterior
- Exterior: Brick/Stone, Brick
- Property Information
- Stories: 1-2
- Multi-Family
- Information Source Year Built: Owner
- Land Information
- Acreage: Less Than 1/2
- Lot Information
- Lot Acreage: 0.29
- Zoning: BC
Financial
- Tax Information
- Total Taxes: $6,882.17
- Tax Year: 2021
Utilities
- Utility Information
- Municipal Sewer, Municipal Water
- Heating/Cooling: Central Air, Forced Air, Individual Heating Units
- Natural Gas
Location
- Neighborhood Information
- Municipality: DELAVAN
- Municipality Type: City
- School Information
- School District: Delavan-Darien
- Middle School: Phoenix
- High School: Delavan-Darien
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Multi-Family (5+ Unit)
- Year Built: —
- Year Renovated: —
- County: Walworth County
- APN: —
Other
- Listing Information
- Inclusions: 6 of each: refrigerators, electric ranges, furnaces, central air units. One water heater. Coin operated washer and dryer.
- Exclusions: Seller/tenants personal property. Bushes/shrubs in front of property being removed.
Around this home
Schools
Public 5-8 • Assigned • 0.9mi
Public 9-12 • Assigned • 0.8mi
Lifestyle
Provided by Walk Score and Local Logic
Sun exposure
In this area, properties receive around 10 hours in June and 3.4 hours in December, placing it below the U.S. average for solar exposure.
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| Address | Redfin Estimate |
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