NOT LISTED FOR SALE

2805 10th St Two Rivers, WI 54241

Estimated Value: $137,000

4 Beds
4 Baths
1,984 Sq Ft
$69/Sq Ft Est. Value

Last Sold December 27, 2024

Last sale price $232,500 $117 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $1,017/month

4 Days on Market

About This Home

As of December 2024

Income-Producing 4-Plex Investment Opportunity! This fully rented and cash-flowing ranch-style 4-plex is an investor's dream! Each of the four units is a recently renovated 1-bedroom, 1-bath space, currently renting for $650 per month, providing steady and reliable income. Electricity is metered separately, with tenants covering their own usage. Water, sewer, and gas are shared (one meter each), with tenants responsible for an even quarter of the total cost. The landlord covers common area electric. A brand-new roof installed just 1 year ago ensures low maintenance while outdoor parking spaces are available for tenants.This turnkey property requires minimal management while delivering consistent returns. A perfect addition to your portfolio! Don't miss out on this rare find!

Last Listed By

Nicole Wooton

Keller Williams - Manitowoc License #93519-94 Listed on: 11/21/2024

Keller Williams - Manitowoc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,623

Year Built

  • Built in 1965

Lot Details

  • 10,454

Interior Spaces

  • 1,984 Sq Ft Home
  • Multi-Level Property

Parking

  • Enclosed Parking
  • Outside Parking

Schools

  • Two Rivers High School

Additional Features

  • 10,454 Sq Ft Lot
  • Heating Available

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,623

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: coin op washer/dryer; range & fridge for each unit
  • New Construction: No
  • Year Built: 1965
  • Cleared Acreage: Less than 1/2
  • Architecture: Other
  • Full Street Address: 2805 10th STREET
  • Type 5 Heat Fuel: Electric
  • Lot Acreage: 0.24
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Seller Owned: Dryer, Seller Owned: Washer
  • Has Basement: Crawl Space Only
  • Second Floor Total Sq Ft: 1984.00

Exterior Features

  • Exterior: Aluminum/Steel, Aluminum

Garage/Parking

  • Garage/Parking: Outdoor Space, Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • School District: Two Rivers
  • High School: Two Rivers
  • High School: Two Rivers
  • Junior High Dist: Two Rivers

Lot Info

  • Zoning: Comm
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2023
  • Total Taxes: 1623.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2024
Closed on
Dec 26, 2024
Sold by
St Lukes Llc
Bought by
Drossart Legacy Realty Llc
Seller's Agent
Nicole Wooton
Keller Williams - Manitowoc
Buyer's Agent
NON MLS-MCB
NON MLS MCB
List Price
$229,900
Sold Price
$232,500
Premium/Discount to List
$2,600
1.13%
Total Days on Market
4
Views
15
Current Estimated Value
$137,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,500
Original Mortgage
$188,000
Outstanding Balance
$187,497
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2022
Sold by
Adam Hartenberger
Bought by
St Lukes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2015
Sold by
Rref Hb-Wi Mjm Llc
Bought by
Hartenberger Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,400
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 2005
Sold by
Thompson Properties Llc
Bought by
Manitowoc Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,200
Interest Rate
5.82%
Mortgage Type
Commercial

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Drossart Legacy Realty Llc -- None Listed On Document
St Lukes Llc $45,000 None Listed On Document
Hartenberger Adam $33,000 --
Manitowoc Properties Llc $76,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drossart Legacy Realty Llc $188,000
Previous Owner St Lukes Llc $117,200
Previous Owner St Lukes Llc $95,000
Previous Owner Hartenberger Adam H $26,400
Previous Owner Manitowoc Properties Llc $63,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $232,500 +1.1% $117 / Sq Ft
11/21/2024 11/21/24 For Sale $229,900 -- $116 / Sq Ft
Source: Metro MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,042 $187,500 $6,100 $181,400
2023 $1,623 $61,900 $6,100 $55,800
2022 $1,523 $61,900 $6,100 $55,800
2021 $1,515 $61,900 $6,100 $55,800
2020 $1,455 $61,900 $6,100 $55,800
2019 $1,500 $61,900 $6,100 $55,800
2018 $1,480 $61,900 $6,100 $55,800
2017 $1,586 $61,900 $6,100 $55,800
2016 $1,499 $61,900 $6,100 $55,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1900158

Metro MLS

APN: 146-003-010-7