OFF MARKET

Listed by Brian Lawton • EXIT Realty HGM. Bought with Coldwell Banker Real Estate Group.

Off Market Jan 2025 for $1.7M

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sq ft

819-821-823 Lum Ave, Waterloo, WI 53594

About this home

Public Remarks: Discover an exceptional investment opportunity with these 3 6-unit apartment buildings, perfectly designed for maximum income potential. Each unit boasts 2 spacious bedrooms and 1 modern bathroom, catering to a broad range of tenants seeking comfort and convenience. This property has a proven track record of generating substantial rental income, making it a reliable addition to your investment portfolio. It is situated in a desirable neighborhood with easy access to shopping, dining, and public transportation, attracting long-term tenants. The property includes sufficient parking spaces for all units, enhancing tenant convenience and property appeal. This apartment building is not just an investment; it's a high-performing asset that promises a steady stream of income!

Multi-familyProperty Type

1990Year Built

1.57 acresLot Size

Listed by Brian Lawton • EXIT Realty HGM

Bought with Jerilyn Endrizzi • Coldwell Banker Real Estate Group

Redfin checked: a minute ago

•Source:SCWMLS as distributed by WIREX #1981105

Redfin Estimate

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

Market trends in 53594, WI

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.3%

1.9% MoM

Median sale price

$426K

$51K MoM

Avg. days on market

18d

0 days MoM

Recently sold homes

2 MoM

New listings for sale

$295,000
4 beds1 bath1,600 sq ft
596 Portland Rd, Waterloo, WI 53594
Jill Oelke • Century 21 Affiliated
$299,900
3 beds1.5 baths1,314 sq ft
276 Milwaukee Ave, Waterloo, WI 53594
Andrea Deel • Realty One Group Luminous
$175,000
3 beds1 bath1,148 sq ft
339 Taylor St, Waterloo, WI 53594
Ferraro Real Estate Team • EXP Realty, LLC
$284,900
2 beds1 bath1,484 sq ft
315 Edison St, Waterloo, WI 53594
Bradley Kuenzi • Realty Executives Platinum
3D WALKTHROUGH
$600,000
3 beds2.5 baths2,258 sq ft
N6485 Kroghville Rd, Waterloo, WI 53594
Ginger Ramsey • Shine Realty
See all

Provided by Redfin

Sale history for 819-821-823 Lum Ave

Date

Event

Price

MetroMLS as distributed by WIREX #1744134

Aug 18, 2021

Sold

$1,400,000

Jul 16, 2021

Relisted

—

Jul 16, 2021

Listing Removed

—

Jul 13, 2021

Contingent

—

Jun 24, 2021

Relisted

—

Jun 24, 2021

Pending

—

May 26, 2021

Listed

$1,450,000

Public Remarks

PRIME INVESTMENT OPPORTUNITY. Put your money to work and invest in real assets while interest rates are still EXTRAORDINARILY LOW. 100% occupied, (18) 2 bedroom, 1 bath units. Units include separate utilities, appliances, coin laundry and off street parking. Several units have been updated and with continued improvements there is significant upside on the rents. Strong rental market. Don't delay. Prequalified buyers only.

Public record

Beds

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Baths

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Stories

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Lot width

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Lot depth

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Lot size

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Year renovated

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Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Jefferson County

APN

290-0813-0523-047

Parking Spaces

—

Basement

—

Accessible

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HOA Dues

—

Garage

—

Features

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Last updated by owner on Jun 3, 2021.

Property details

Parking

Parking Information
Parking: Outside

Interior

Room Information
None/Slab

Multi-Unit Information
# of Units: 18

Unit 1 Information
Sq. Ft.: 750
# of Baths (1/2): 0
# of Baths (Full): 1
# of Bedrooms: 2

Unit 2 Information
Sq. Ft.: 750
# of Baths (1/2): 0
# of Baths (Full): 1
# of Bedrooms: 2
Master Bedroom Description: Main Level
Master Bedroom Dimensions: 14 x 10
Bedroom 2 Description: Main Level
Bedroom 2 Dimensions: 12 x 11
Living/Great Room Dimensions: 16 x 12
Kitchen Description: Main Level
Kitchen Dimensions: 8 x 15

Exterior

Building Information
Building Type: Apartment Building

Exterior
Exterior: Vinyl, Brick, Stone

Property Information
Multi-Family
Information Source Year Built: Other - See Remarks

Lot Information
Lot Acreage: 1.57
Zoning: multi

Financial

Tax Information
Total Taxes: $25,309
Tax Year: 2023

Utilities

Utility Information
Municipal Water, Municipal Sewer
Separate Electric Meters, Separate Gas Meters
Heating/Cooling: Radiant/Electric
Electric

Location

Neighborhood Information
Municipality: WATERLOO
Municipality Type: City

School Information
School District: Waterloo
Elementary School: Waterloo
Middle School: Waterloo
High School: Waterloo

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Jefferson County
APN: 290-0813-0523-047

Home facts updated by county records on Jun 3, 2021

Other

Listing Information
SaleType: Arms Length
Inclusions: 18 refrigerators, 18 stoves/ovens
Exclusions: seller and tenant personal property

Around this home

Schools

Waterloo Elementary School

Public PreK-4 • Assigned • 0.2mi

4/10

Waterloo Middle School

Public 7-8 • Assigned • 0.2mi

6/10

Waterloo High School

Public 9-12 • Assigned • 0.2mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Waterloo, WI • 53594

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 9.8 hours in June and 3.5 hours in December, placing it below the U.S. average for solar exposure.

9.8 hrs

3.5 hrs

JuneDecember

Provided by Shadowmap

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Home values near 819-821-823 Lum Ave

Data from public records.

Address	Redfin Estimate
833 Lum Avenue, Waterloo, WI 3 Beds \| 2 Baths \| 1735 Sq. Ft.	$368,542
845 Lum Avenue, Waterloo, WI 4 Beds \| 2 Baths \| 1800 Sq. Ft.	$349,830

Address	Redfin Estimate
846 Lum Avenue, Waterloo, WI 3 Beds \| 2.5 Baths \| 2350 Sq. Ft.	$399,307
839 Lum Avenue, Waterloo, WI 6 Beds \| 3 Baths \| 2745 Sq. Ft.	$409,592

Address	Redfin Estimate
816 Lum Avenue, Waterloo, WI 3 Beds \| 1.5 Baths \| 1500 Sq. Ft.	$339,326
810 Lum Avenue, Waterloo, WI 3 Beds \| 2 Baths \| 1345 Sq. Ft.	$352,962

Property information provided by SCWMLS as distributed by WIREX when last listed in 2024. This data may not match . Learn more.

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