Great investment opportunity in Grafton. Brick 5 family near shopping and located on a highly visible corner. All units are occupied. Four - 1 bed/ 1 bath units and one 6 bed/ 3.5 bath unit. Large storage units for 1 bedroom units. Off street parking lot. New fire alarm system in 2020. New mansard roof in 2021. Coin operated laundry in basement.
Closed
$480,000
1202 1st AVENUE, Grafton, WI 53024
--beds
--baths
--sqft
Multi Family, Apartment
Built in 1975
-- sqft lot
$484,300 Zestimate®
$--/sqft
$1,536 Estimated rent
Home value
$484,300
$412,000 - $571,000
$1,536/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: July 25, 2025 at 09:10am
Listed by:
Adam Williquette 262-424-3217,
American Commercial Real Estate
Bought with:
Jacob G Lishanski
Source: WIREX MLS,MLS#: 1922042
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Natural Gas, Hot Water/Steam
Cooling
- Wall/Sleeve Air
Appliances
- Included: Dryer, Washer, Seller Owned: Water Heater
Features
- Basement: Block,Full,Laundry Facilities
- Has fireplace: No
Property
Parking
- Parking features: No Garage, Inside Parking, Outside
Lot
- Size: 0.32 Acres
Details
- Parcel number: 101140081000
- Zoning: MFR-1 Multi Fam
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick/Stone, Brick, Aluminum Trim
Condition
- 21+ Years
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Grafton
- Municipality: Grafton
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2025 | Sold | $480,000-15% |
Source:  WIREX MLS #1922042 | ||
| 7/8/2025 | Contingent | $565,000 |
Source: WIREX MLS #1922042 | ||
| 6/12/2025 | Listed for sale | $565,000 |
Source: WIREX MLS #1922042 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 53024
Nearby schools
GreatSchools rating
- 7/10Kennedy Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 9/10John Long Middle SchoolGrades: 6-8Distance: 0.9 mi
- 9/10Grafton High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Middle: John Long
- High: Grafton
- District: Grafton
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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