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$1,650,000 Just Listed

  • For Sale
  • Active
  • Apartment
  • Updated 3 days ago
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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.

Full Property Details for 840 E Beacon Ave

General

  • Price: $1,650,000
  • Taxes: $8,908 (2025)
  • Status: Active
  • Type: Apartment
  • Source: MetroMLS_Milwaukee_Wirex
  • MLS ID: 1977639
  • Updated: 8/25/2026
  • Added to Site: 4 day(s) ago

Parking

  • Covered Spaces: 10
  • Uncovered Spaces: 10
  • Parking Features: Indoor Space, Outdoor Space

Location

  • County: Waupaca

School Information

  • School District: New London
  • Middle School: New London

Heating & Cooling

  • Heating/Cooling: Hot Water/Steam

Utilities

  • Water/Sewer: Municipal Sewer, Municipal Water

Structural Information

  • Architectural Style: Apartment Building
  • Exterior Const.: Brick
  • Basement Desc.: None
  • Stories Description: 1 to 2 Stories
  • Year Built: 2000

Unit Information

Unit 1

  • Number of Units: 8
  • Unit Description: 1 Bath, 2 Bedrooms, Air Conditioning, Balcony/Patio, Dishwasher, Living Room, Range/Oven, Refrigerator, Storage Lockers
  • Square Feet: 751 to 100

Unit 2

  • Number of Units: 2
  • Unit Description: 1 Bath, 1/2 Bath, 2 Bedrooms, Air Conditioning, Balcony/Patio, Dishwasher, Eat-In Kitchen, Living Room, Range/Oven, Refrigerator, Storage Lockers, Washer/Dryer
  • Square Feet: 1751 to 20

Lot Features

  • Lot Size (Acres): 0.87
  • Zoning: R-2

Financial Considerations

  • Tax Amount: $8,908.04
  • Tax Year: 2025

Listed by Marcus & Millichap-Milwaukee

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— 840 E Beacon Ave —

  • Marcus & Millichap-Milwaukee

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 840 E Beacon Ave

School District:New London School District
NameGradesDistance
Lincoln Elementary School, New London, WI
201 East Washington Street, New London, WI 54961
PK-40.5 mi
New London Middle School
1000 West Washington Street, New London, WI 54961
5-81.2 mi
New London High School
1700 Klatt Road, New London, WI 54961
9-121.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 840 E Beacon Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/25/2026
Listed
$1,650,000
115.69%
MLS
12/28/2023
Sold
$765,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 840 E Beacon Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,420
4%
$384,600
—
2023
$8,067
4%
$384,600
—
2022
$7,751
-4%
$384,600
—
2021
$8,085
—
$384,600
—
2020
$8,069
1%
$384,600
—
2019
$8,013
1%
$384,600
—
2018
$7,902
-6%
$384,600
—
2017
$8,385
11%
$384,600
13%
2016
$7,581
-1%
$341,400
—
2015
$7,644
4%
$341,400
—
2014
$7,379
-7%
$341,400
—
2013
$7,939
—
$341,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Marcus & Millichap-Milwaukee

840 E Beacon Ave, New London, WI 54961 (MLS# 1977639) is a Apartment property with 0 bedrooms and 0 full bathrooms. 840 E Beacon Ave is currently listed for $1,650,000 and was received on August 25, 2026. Want to learn more about 840 E Beacon Ave? Do you have questions about finding other Apartment real estate for sale in New London? You can browse all New London real estate or contact a Coldwell Banker agent to request more information.

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