Active

Price cut: $100K (10/26)

$1,500,000

1128 Wisconsin STREET, Lake Geneva, WI 53147

--beds

--baths

--sqft

Est.:

Multi Family, Apartment

Built in 1900

-- sqft lot

$1,444,600 Zestimate^®

$--/sqft

$-- HOA

What's special

Unit renovationsNew roofsCharming victorian home

Prime 8-plex investment opportunity in downtown Lake Geneva's historic Maple Park. This property includes a charming Victorian home and a modern 4-plex, offering 8 fully leased units with long-term tenants. Recent upgrades include new roofs, furnaces, hot water heaters, and unit renovations like kitchens, baths, and flooring. Boasting a strong CAP rate, this solid turnkey property provides steady income and excellent growth potential. Coveted off-street parking for 12+ cars. Located in a desirable lakeside community, walking distance to everything Lake Geneva has to offer, it's ideal for investors seeking high-performing multifamily real estate. Don't miss this rare chance--schedule your private showing today!

211 days

364

11

Tour with a local agent

Facts & features

Interior

Heating

Electric, Natural Gas, Central Air, Individual Heating Units

Cooling

Central Air, Individual Heating Units, Wall/Sleeve Air

Appliances

Included: Dryer, Washer, Seller Owned: Water Heater

Features

Basement: Full,Walk-Out Access
Has fireplace: No

Property

Parking

Parking features: Outdoor Space, Inside Parking, Outside

Lot

Size: 0.35 Acres

Details

Parcel number: ZOP 00190
Zoning: unknown

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment

Materials

Aluminum/Steel, Aluminum Siding, Wood Siding

Condition

21+ Years
New construction: No
Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Lake Geneva
Municipality: Lake Geneva

Financial & listing details

Annual tax amount: $8,687
Date on market: 5/18/2025
Inclusions: Unit Kitchen Appliances, Common Area Washer/Dryer - Convey 'as-Is'
Exclusions: Tenants Personal Property.

Estimated market value

$1,444,600

$1.37M - $1.52M

$2,505/mo

Price history

Date	Event	Price
10/26/2025	Price change	$1,500,000-6.3%
Source: WIREX MLS #1918462 Report a problem
7/19/2025	Price change	$1,600,000-11.1%
Source: WIREX MLS #1918462 Report a problem
6/12/2025	Price change	$1,800,000-7.7%
Source: WIREX MLS #1918462 Report a problem
5/18/2025	Listed for sale	$1,950,000
Source: WIREX MLS #1918462 Report a problem