Date
Details
Price
Change
Source
6/18/2026
Listed
$349,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$349,900
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Property Description
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.
Full Property Details
Full Property Details for 537 S Main St
General
- Price: $349,900
- Taxes: $2,607 (2025)
- Status: Active
- Type: Apartment
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2026164
- Updated: 6/18/2026
- Added to Site: 20 day(s) ago
Interior
- Interior Features: High-Speed Internet
Parking
- Parking Features: 1 Space
- Garage Description: Carport
Location
- Municipality: Fall River
- County: Columbia
- Driving Directions: From Columbus, take WI-16 W, turn right onto S Main St, property on right
School Information
- School District: Fall River
- Elementary School: Fall River
- Middle School: Fall River
- High School: Fall River
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Radiant/Electric
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
- Utility Description: Separate Electric Meters
Structural Information
- Description/Design: Apartment Building, 2 Stories
- Basement Desc.: Full, Walk-Out/Outer Door, Block
Unit Information
- Units in Building: 4
Unit 1
- Square Feet: 1474
- Bedrooms: 2
Unit 2
- Square Feet: 1150
- Bedrooms: 2
- Primary Bedroom: Upper Level, 12 x 10
- Bedroom 2: Upper Level, 12 x 10
- Living Room: Upper Level, 19 x 12,
- Kitchen: Upper Level, 15 x 12,
Unit 3
- Bedrooms: 2
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: RES
Financial Considerations
- Tax Amount: $2,607
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Tenants personal property
- Inclusions: 4 Refrigerators, 4 Stooves, 2 washers, 2 Dryers, 1 Dishwasher
Listed by First Weber, Inc
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Listing agents
— 537 S Main St —
First Weber, Inc
First Weber, Inc
NMLS#: 1598647
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Schools
Schools serving 537 S Main St
School District:Fall River School District
| Name | Grades | Distance |
|---|---|---|
Fall River Elementary School 150 Bradley Street, Fall River, WI 53932 | PK-5 | 0.6 mi |
Fall River High School 150 Bradley Street, Fall River, WI 53932 | 6-12 | 0.6 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 537 S Main St
Tax History
Tax History for 537 S Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,607
7%
$138,300
—
2024
$2,445
21%
$138,300
—
2023
$2,028
2%
$138,300
—
2022
$1,980
1%
$138,300
—
2021
$1,952
-1%
$138,300
30%
2020
$1,966
1%
$106,700
—
2019
$1,951
3%
$106,700
—
2018
$1,900
-6%
$106,700
—
2017
$2,012
3%
$106,700
—
2016
$1,949
4%
$106,700
—
2015
$1,878
-2%
$106,700
—
2014
$1,913
-3%
$106,700
—
2013
$1,965
—
$106,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 537 S Main St
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- Single Family
- Active
- Updated 20 hours ago
- 4Beds
- 3Total Baths
- 2,124Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 1Total Bath
- 1,120Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 2Total Baths
- 2,240Sq. Ft.
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,913Sq. Ft.
- Single Family
- Active
- Updated 1 hour ago
- 3Beds
- 2Total Baths
- 1,288Sq. Ft.
- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 4Total Baths
- 4,184Sq. Ft.
- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 4Total Baths
- 3,840Sq. Ft.
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537 S Main Street, Fall River, WI 53932 (MLS# 2026164) is a Apartment property with 0 bedrooms and 0 full bathrooms. 537 S Main Street is currently listed for $349,900 and was received on June 18, 2026. Want to learn more about 537 S Main Street? Do you have questions about finding other Apartment real estate for sale in Fall River? You can browse all Fall River real estate or contact a Coldwell Banker agent to request more information.