Located in the heart of Delavan, this Triplex is an excellent Investment Opportunity! Rent out all three units or owner-occupy! Private entrances for all three units. The 3rd unit is an efficient apartment and collects $500 a month. The three units are currently rented out on a month-to-month basis, and tenants would love to stay. The lower unit features a first-floor laundry, newer flooring, and some newer windows and mechanical systems throughout. Tenant maintains grass and snow removal. Sold in ''AS IS'' condition.
Closed
$317,000
124 South 5th STREET, Delavan, WI 53115
4beds
--sqft
Multi Family, Duplex
Built in 1901
-- sqft lot
$313,100 Zestimate®
$--/sqft
$1,418 Estimated rent
Home value
$313,100
$297,000 - $329,000
$1,418/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 24, 2025 at 05:17am
Listed by:
Suanne Riley 262-909-2771,
Riley Real Estate Group
Bought with:
Metromls Non
Source: WIREX MLS,MLS#: 1925666
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Basement: Partial
- Has fireplace: No
Interior area
- Living area range: Not Available Square Feet
Property
Parking
- Parking features: No Garage, 1 Space
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.31 Acres
Details
- Parcel number: XP00010
- Zoning: RES
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Stucco/Slate, Wood Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1901
Utilities & green energy
- Electric: 2 Electric Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: 2 Electric Meters, 2 Gas Meters
Community & neighborhood
Location
- Region: Delavan
- Municipality: Delavan
Price history
| Date | Event | Price |
|---|---|---|
| 8/22/2025 | Sold | $317,000-2.4% |
Source:  WIREX MLS #1925666 | ||
| 7/21/2025 | Contingent | $324,900 |
Source: WIREX MLS #1925666 | ||
| 7/9/2025 | Listed for sale | $324,900 |
Source: WIREX MLS #1925666 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,062 +30.3% | $207,500 +93.6% |
| 2023 | $2,350 +1.3% | $107,200 |
| 2022 | $2,320 +0.7% | $107,200 |
Find assessor info on the county website
Neighborhood: 53115
Nearby schools
GreatSchools rating
- 5/10Phoenix Middle SchoolGrades: 5-8Distance: 1 mi
- 4/10Delavan-Darien High SchoolGrades: 9-12Distance: 0.9 mi
- NATurtle Creek Elementary SchoolGrades: PK-2Distance: 1.4 mi
Schools provided by the listing agent
- Middle: Phoenix
- High: Delavan-Darien
- District: Delavan-Darien
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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$313,100
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$319,362