Properties

Listing courtesy of Melges Real Estate
Property Description

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.

Features
: None
: Indoor Space, Outdoor Space
: Municipal Sewer
Address Map
US
WI
Waupaca
New London
54961
Beacon
840
Ave
W89° 16' 23.6''
N44° 23' 16.5''
E
Neighborhood
New London
New London
Additional Info
Marcus & Millichap-Milwaukee
Dan Bowar
Additional Information
2026-08-25
: Municipal Water
: Brick
Listing Information
of46153
Active
2026-08-25T15:40:16Z
MetroMLS
2026-08-25T14:35:49Z
46154

Residential Income For Sale

840 E Beacon Ave, New London, Wisconsin 54961

0.87 Acre
$1,650,000
Listing ID #1977639
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 1977639
Price : $1,650,000
Year Built : 2000
Lot Area : 0.87 Acre
Listing Status : Active
Property Sub Type : Multi-Family
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