2
Oconomowoc, WI Multifamily Homes & Duplexes for Sale
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$629,990 New Construction
- 3 Beds
- 3 Baths
- 2,470 Sq Ft
1548 Weston Ridge Rd, Oconomowoc, WI 53066
1548 Weston Ridge Rd, Oconomowoc, WI 53066
About Oconomowoc
Before French Canadian fur traders colonized it, the land on which the City of Oconomowoc sits was inhabited by the Potawatomi people. The population grew after a rail station was constructed in 1896, bringing in vacationers who built lodge-style estates along the community’s three lakes: Lac La Belle, Lake Fowler and Oconomowoc Lake. A downtown area and several neighborhoods soon formed around the latter two lakes. The city’s name is derived from Coo-no-mo-wauk, the tribe’s word for waterfall. True to that name, a waterfall cascades over the F ...
Home Trends in Oconomowoc, WI
On average, homes in Oconomowoc, WI sell after 41 days on the market compared to the national average of 47 days. The average sale price for homes in Oconomowoc, WI over the last 12 months is $648,728, up 5% from the average home sale price over the previous 12 months.
Home Trends
Median Price (12 Mo)
$550,000
Median Single Family Price
$550,000
Median 2 Bedroom Price
$499,000
Median 1 Bedroom Price
$490,000
Average Price Per Sq Ft
$297
Number of Homes for Sale
103
Last 12 months Home Sales
508
Months of Supply
2.40
Median List Price
$560,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
7%
In Oconomowoc, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $629,990 to $800,000, there's a range to accomodate every budget. As of April, 2025 the median home price in Oconomowoc is $560,000, while the average sale price is $648,728, offering insights into the local housing market. On average, multi-family homes spend 41 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Oconomowoc, WI.
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