415 Fulton STREET, Waupaca, WI 54981

Waupaca
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
Listed by: dan bowar
Office: marcus & millichap-milwaukee
MLS#:1981076
Source:Metro MLS
415 Fulton STREET,Waupaca, WI 54981
$3,120,000
  • - Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$3,120,000

About this home

EXTENSIVELY RENOVATED | RENTAL UPSIDE | NEAR-7 PRO FORMA CAP RATE - Fulton Street Estates offers investors a stabilized 24-unit multifamily asset in Waupaca with significant recent capital improvements, remaining rent growth, and exposure to a high-demand rental market. Local apartment communities demonstrate consistently strong occupancy, while Waupaca's stable employment base and sizable senior population support long-term demand. Ownership has completed major upgrades including new roofs, windows, siding, concrete, doors, plumbing, tubs/showers, common areas and exteriors, while 17 units have interior renovations and 15 have new air conditioning. In-place rents remain below market, offering a clear path to NOI growth and a pro forma cap rate approaching 7.

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Home facts

  • Year built:1975
  • Listing ID #:1981076
  • Added:7 day(s) ago
  • Updated:September 25, 2026 at 04:10 PM

Rooms and interior

  • Total bathrooms:2
  • Full bathrooms:2
  • Basement Description:Laundry Facilities

Heating and cooling

  • Heating:Hot Water/Steam

Structure and exterior

  • Year built:1975
  • Lot area:1.29 Acres
  • Construction Materials:Brick, Brick/Stone, Vinyl
  • Foundation Description:Block

Schools

  • High school:Waupaca
  • Middle school:Waupaca

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$3,120,000
  • Tax amount:$27,518 (2025)

Features and amenities

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

Parking

  • Parking description:Inside Parking, Outdoor Space, Outside
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