840 E Beacon AVENUE, New London, WI 54961

New London
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
Listed by: dan bowar
Office: marcus & millichap-milwaukee
MLS#:1977639
Source:Metro MLS
840 E Beacon AVENUE,New London, WI 54961
$1,650,000
  • - Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$1,650,000

About this home

Rare opportunity to acquire Beacon Avenue Apartments, a well-maintained 10-unit multifamily property in New London, Wisconsin, offering an attractive 6.27 going-in cap rate with meaningful income upside. Built in 2000, the property features durable brick construction, a desirable all-two-bedroom unit mix, and garage parking for every unit, including two spacious townhome-style residences with attached garages. The property has been professionally managed and maintained, providing investors with a clean, stable asset and limited near-term operational heavy lifting.

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Home facts

  • Year built:2000
  • Listing ID #:1977639
  • Added:45 day(s) ago
  • Updated:October 10, 2026 at 08:33 AM

Rooms and interior

  • Total bathrooms:2
  • Full bathrooms:2

Heating and cooling

  • Heating:Hot Water/Steam

Structure and exterior

  • Year built:2000
  • Lot area:0.87 Acres
  • Construction Materials:Brick, Brick/Stone

Schools

  • Middle school:New London

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$1,650,000
  • Tax amount:$8,908 (2025)

Features and amenities

  • Appliances:Seller Owned: Washer, Seller Owned: Water Heater
  • Laundry features:Seller Owned: Dryer

Parking

  • Parking description:Garage - Indoor Space, Inside Parking, Outdoor Space, Outside
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