100A-100B Thomas Place, Arena, WI 53503
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100A-100B Thomas Place, Arena, WI 53503
100A-100B Thomas Place, Arena, WI 53503
100A-100B Thomas Place, Arena, WI 53503
100A-100B Thomas Place, Arena, WI 53503
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Listed by Great Rock Realty LLC • kschulz@KeithandKinsey.com
$ 459,900
Est. payment /mo
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100A-100B Thomas Place Arena, WI 53503

6 Beds

4 Baths

2,856 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex-side by side

Listing Status Active

Purchase Type For Sale

Square Footage 2,856 sqft

Price per Sqft $161

MLS Listing ID 2022120

Bedrooms 6

Full Baths 4

Year Built 1997

Annual Tax Amount $6,102

Tax Year 2025

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Duplex-side by side

Property Description

Investors and owner-occupants take note—this side-by-side duplex offers the ideal combination of stable occupancy and strong upside. Built in 1997, the property features the modern layout, 2x6 walls, and newer-construction appeal that tenants prefer, while still presenting an excellent opportunity to add value through cosmetic improvements and future rent growth. Each spacious unit offers vaulted ceilings, a fireplace, a large primary bedroom with dual closets, ample storage in the unfinished basement, and an attached two-car garage. Roof and furnaces replaced in 2017 Unit A is occupied by a long-term tenant of 11 years. Unit B will be vacant at the end of May, creating the perfect opportunity to place a new tenant at full market rent or for an owner-occupant to move in and offset their mortgage by renting the other side. Whether you're expanding your investment portfolio, looking to house hack, or searching for a smart first multifamily purchase,

Location

State WI

County Iowa

Area Arena - V

Zoning Res

Direction From Madison Hwy 14 West to Arena, Right on Village Edge Road, Right on Thomas Place.

Rooms

Basement Partial, Walkout to yard

Interior

Heating Forced air

Inclusions 2 Refrigerators, 2 stoves, 2 dishwashers

Heat Source Natural Gas

Exterior

Parking Features 2 stall garage

Utilities Available Separate elec meters, Separate gas meters

Building

Water Municipal sewer, Municipal water

Structure Type Vinyl

Schools

Elementary Schools River Valley

Middle Schools River Valley

High Schools River Valley

School District River Valley


South Central Wisconsin MLS (SCWMLS)

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100A-100B Thomas Place