Affordable 4-unit investment opportunity in the Village of Fall River. This all-brick multifamily property features three 2-bedroom, 1-bath units and one efficiency unit. Conveniently located near Highway 151, the property offers an easy commute to Madison while providing the benefits of a strong small-town rental market. Currently owner-occupied, the property presents an excellent value-add opportunity with rents below current market rates, allowing investors the potential to increase cash flow over time. The durable brick exterior, desirable unit mix, and strong rental demand make this an attractive addition to any investment portfolio. Whether you?re a first-time investor looking to enter the multifamily market or an experienced investor seeking to expand your portfolio, this property offers affordability, upside potential, and long-term investment value in a convenient location.
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Fall River is located in Wisconsin. Fall River, Wisconsin has a population of 1,731. Fall River is more family-centric than the surrounding county with 41.26% of the households containing married families with children. The county average for households married with children is 30.13%.
The median household income in Fall River, Wisconsin is $75,673. The median household income for the surrounding county is $73,786 compared to the national median of $69,021. The median age of people living in Fall River is 35.2 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 9.3 degrees. The average rainfall is approximately 35.3 inches per year, with 40.6 inches of snow per year.