Listed by Bart Baker • First Weber, Inc (HomeInfo@firstweber.com).
Contingent
$349,900
Est. $2,238/mo —
6
bd
•
4 ba
•
—
sq ft
537 S Main St, Fall River, WI 53932
About this home
Public Remarks: Affordable 4-unit investment opportunity in the Village of Fall River. This all-brick multifamily property features three 2-bedroom, 1-bath units and one efficiency unit. Conveniently located near Highway 151, the property offers an easy commute to Madison while providing the benefits of a strong small-town rental market. Currently owner-occupied, the property presents an excellent value-add opportunity with rents below current market rates, allowing investors the potential to increase cash flow over time. The durable brick exterior, desirable unit mix, and strong rental demand make this an attractive addition to any investment portfolio. Whether you?re a first-time investor looking to enter the multifamily market or an experienced investor seeking to expand your portfolio, this property offers affordability, upside potential, and long-term investment value in a convenient location.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
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Style
Multi-Family (2-4 Unit)
County
Columbia County
APN
11126 9
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Last updated by owner on Jun 18, 2026.
B-1
Central Business District
The B-1 Central Business District is intended to provide an area for the business, financial, professional, and commercial needs of the community, especially those which can be most suitably located in compact and centrally located business districts. The B-1 District is intended to: Provide for present and future commercial activities within traditional business area of the Village; Accommodate community service functions, public and quasi-public land-use needs, at a central location; Permit residential units above established businesses in accordance with Village building codes and zoning requirements; Protect the commercial character of the District by prohibiting the incursion of incompatible land use.
Permitted uses
Include but are not limited to:
Bank
Day care facility
General retail
Retail-Grocery
Restaurant
Tavern / bar / nightclub / micro-Brewery
Warehouse
Office
Research & development
Historical weather
Fall River, WI • 53932
Average low and high temperatures (°F)
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17
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 537 S Main St
$335,117
$15K under list price of $350K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $355K to $591K.