Listed by Mary Wallace • Coldwell Banker Realty. Bought with Shorewest Realtors, Inc.

Off market sep 2022 for $551K

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•

— ba

•

5,736

sq ft

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).

Multi-familyProperty Type

1962Year Built

0.29 acresLot Size

$96Price/Sq.Ft.

Listed by Mary Wallace • Coldwell Banker Realty

Bought with Michelle Ekstrom • Shorewest Realtors, Inc.

Redfin checked: a minute ago

•Source:MetroMLS as distributed by WIREX #1798686

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 53115, WI

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

98.4%

+0.5% MoM

Median sale price

$355K

$5K MoM

Avg. days on market

57d

3 days MoM

Recently sold homes

5 MoM

New listings for sale

$290,000
2 beds2 baths1,392 sq ft
936 Center St, Delavan, WI 53115
Mary Gilbank • Shorewest, REALTORS
$229,000
2 beds1 bath700 sq ft
125 Freemont St, Delavan, WI 53115
Mary Gilbank • Shorewest, REALTORS
$279,900
2 beds1.5 baths916 sq ft
520 S 4th St, Delavan, WI 53115
Tamara Brooks • Coldwell Banker Real Estate Group
$418,000
3 beds3.5 baths2,024 sq ft
W6860 Wood Ave, Delavan, WI 53115
Shannon Souther • Shorewest Realtors, Inc.
$535,107
2 beds1 bath960 sq ft
1635 Assembly Ln, Delavan, WI 53115
Tyler Meyer • Shorewest Realtors, Inc.
$429,500
4 beds2 baths1,624 sq ft
1218 Evergreen Dr, Delavan, WI 53115
Colleen Goethal • Shorewest Realtors, Inc.
$265,000
2 beds2 baths1,100 sq ft
6464 Highway 11, Delavan, WI 53115
Richard Geaslen • @properties
$499,900
3 beds2.5 baths1,312 sq ft
1511 Birchwood St, Delavan, WI 53115
Deborah O'Brien • Coldwell Banker Real Estate Group
OPEN SAT, 10AM TO 12PM
$349,900
3 beds2 baths1,266 sq ft
1419 Whispering Pines Dr, Delavan, WI 53115
Christine Fox Associates Team* • Shorewest Realtors, Inc.
See all

Provided by Redfin

Sale history for 126 S Third St

Date

Event

Price

MetroMLS as distributed by WIREX #1798686

Sep 30, 2022

Sold

$551,000

$96/sq ft

Aug 27, 2022

Contingent

—

Jun 20, 2022

Listed

$574,900

$100/sq ft

MetroMLS as distributed by WIREX #1312644

Aug 22, 2014

Listed

$310,000

$54/sq ft

Aug 22, 2014

Listing Removed

—

Aug 19, 2014

Sold

$275,000

$48/sq ft

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Walworth County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Feb 22, 2017.

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: —

Home facts updated by county records on Feb 22, 2017

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

K - 12
Preschool & daycare

Phoenix Middle School

Public 5-8 • Assigned • 0.9mi

5/10

Delavan-Darien High School

Public 9-12 • Assigned • 0.8mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Delavan, WI • 53115

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

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.

10 hrs

3.4 hrs

JuneDecember

Provided by Shadowmap

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Track this home’s value and nearby sales activity

Nearby similar homes

Sorry, we don't have any nearby similar homes to display. See all homes for sale in 53115

New listings for sale in 53115

$290,000

2 beds2 baths1,392 sq ft

936 Center St, Delavan, WI 53115

Front porch • Fire ring • Wood floors

Mary Gilbank • Shorewest, REALTORS

$229,000

2 beds1 bath700 sq ft

125 Freemont St, Delavan, WI 53115

Composite decking • Privacy dividers • Water heater

Mary Gilbank • Shorewest, REALTORS

$279,900

2 beds1.5 baths916 sq ft

520 S 4th St, Delavan, WI 53115

Main floor • Half bath • Local parks

Tamara Brooks • Coldwell Banker Real Estate Group

$418,000

3 beds3.5 baths2,024 sq ft

W6860 Wood Ave, Delavan, WI 53115

Private road • Primary suite • Double closets

Shannon Souther • Shorewest Realtors, Inc.

$535,107

2 beds1 bath960 sq ft

1635 Assembly Ln, Delavan, WI 53115

Spacious front porch • Corner lot • Outdoor space

Tyler Meyer • Shorewest Realtors, Inc.

$429,500

4 beds2 baths1,624 sq ft

1218 Evergreen Dr, Delavan, WI 53115

Cathedral ceilings • Quartz countertops • Spacious island

Colleen Goethal • Shorewest Realtors, Inc.

$265,000

2 beds2 baths1,100 sq ft

6464 Highway 11, Delavan, WI 53115

New well • New septic • New full bathroom

Richard Geaslen • @properties

$499,900

3 beds2.5 baths1,312 sq ft

1511 Birchwood St, Delavan, WI 53115

Corner lot • Upgraded steel roof • Custom kitchen

Deborah O'Brien • Coldwell Banker Real Estate Group

OPEN SAT, 10AM TO 12PM

$349,900

3 beds2 baths1,266 sq ft

1419 Whispering Pines Dr, Delavan, WI 53115

Open floor plan • Large wood deck • Backyard greenspace

Christine Fox Associates Team* • Shorewest Realtors, Inc.

Home values near 126 S Third St

Data from public records.

Address	Redfin Estimate
204 S 3rd Street, Delavan, WI 7 Beds \| 3 Baths \| - Sq. Ft.	$259,885
115 S 3rd Street #115 1/2, Delavan, WI 4 Beds \| 2 Baths \| 2731 Sq. Ft.	$217,735
212 E Washington Street, Delavan, WI 4 Beds \| 2 Baths \| 1418 Sq. Ft.	$308,603

Address	Redfin Estimate
134 S 3rd Street, Delavan, WI 3 Beds \| 2 Baths \| 1924 Sq. Ft.	$245,624
305 E Washington Street, Delavan, WI 4 Beds \| 1.5 Baths \| 1900 Sq. Ft.	$226,293
307 E Washington Street #309, Delavan, WI 4 Beds \| 2 Baths \| 1821 Sq. Ft.	$231,697

Address	Redfin Estimate
129 S 3rd Street, Delavan, WI 3 Beds \| 2 Baths \| 1611 Sq. Ft.	$305,327
215 E Washington Street, Delavan, WI 3 Beds \| 1.5 Baths \| 1184 Sq. Ft.	$229,276

Property information provided by MetroMLS as distributed by WIREX when last listed in 2022. This data may not match . Learn more.

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