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$525,000 Just Listed

  • For Sale
  • Active
  • Apartment
  • Updated 20 hours ago
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Classic Second Empire-style 6-unit investment property offering character and excellent income potential. The unfinished third story presents an opportunity to create additional living space for rental income (subject to buyer verification and local approvals). Coin-operated laundry in the basement provides additional revenue. Two units have recently been refreshed and are vacant, giving the new owner an opportunity to set market rents. The majority of the roof has been replaced. All current tenants are on month-to-month leases, allowing flexibility for future plans. Parcel 216-0116 is not included in the sale; however, the purchaser will have the first opportunity to buy that parcel should it become available in the future.

Full Property Details for 401 S Iowa St

General

  • Price: $525,000
  • Taxes: $4,155 (2024)
  • Status: Active
  • Type: Apartment
  • Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
  • MLS ID: 2029259
  • Updated: 7/30/2026
  • Added to Site: Today

Parking

  • Parking Features: Outside

Location

  • Municipality: Dodgeville
  • County: Iowa
  • Subdivision: Burrall's Addition
  • Driving Directions: Head south through Dodgeville on hwy 23, property is on the southeast corner of the Clearance and Iowa St intersection.

School Information

  • School District: Dodgeville
  • Elementary School: Dodgeville
  • Middle School: Dodgeville
  • High School: Dodgeville

Heating & Cooling

  • Heating Fuel: Natural Gas
  • Heating/Cooling: Radiant/Electric

Utilities

  • Water/Sewer: Municipal Water, Municipal Sewer
  • Utility Description: Separate Gas Meters

Structural Information

  • Description/Design: Apartment Building
  • Exterior Const.: Wood, Brick
  • Basement Desc.: Partial
  • Year Built: 1888

Unit Information

  • Units in Building: 6

Unit 1

  • Bedrooms: 2

Unit 2

  • Bedrooms: 2

Unit 3

  • Bedrooms: 1

Unit 4

  • Bedrooms: 1

Lot Features

  • Lot Size Source: Assessor/Public Record
  • Zoning: Commercial

Financial Considerations

  • Tax Amount: $4,155
  • Tax Year: 2024

Disclosures and Reports

  • Exclusions: Sellers/Tenants personal property
  • Inclusions: 6 Refrigerators, 6 Range/ovens, Washer, Dryer

Listed by Potterton Rule Real Estate LLC

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Listing agent

— 401 S Iowa St —

  • Potterton Rule Real Estate LLC

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NMLS#: 1598647

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NMLS#: 1598647

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

Schools serving 401 S Iowa St

School District:Dodgeville School District
NameGradesDistance
Dodgeville Elementary School
404 North Johnson Street, Dodgeville, WI 53533
PK-50.8 mi
Dodgeville Middle School
951 West Chapel Street, Dodgeville, WI 53533
6-81.1 mi
Dodgeville High School
912 West Chapel Street, Dodgeville, WI 53533
9-120.9 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 401 S Iowa St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/30/2026
Listed
$525,000
775%
MLS
12/20/2018
Sold
$60,000
—
Public Record
Get Price Alerts and Save Property
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 401 S Iowa St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,523
9%
$220,000
—
2024
$4,156
-4%
$220,000
—
2023
$4,344
-7%
$220,000
—
2022
$4,693
2%
$220,000
30%
2021
$4,619
2%
$168,700
—
2020
$4,532
1%
$168,700
—
2019
$4,481
1%
$168,700
—
2018
$4,435
3%
$168,700
—
2017
$4,305
—
$168,700
—
2016
$4,297
7%
$168,700
—
2015
$4,008
2%
$168,700
—
2014
$3,917
-14%
$168,700
—
2013
$4,570
—
$168,700
—
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 Potterton Rule Real Estate LLC

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401 S Iowa Street, Ridgeville, WI 53533 (MLS# 2029259) is a Apartment property with 0 bedrooms and 0 full bathrooms. 401 S Iowa Street is currently listed for $525,000 and was received on July 30, 2026. Want to learn more about 401 S Iowa Street? Do you have questions about finding other Apartment real estate for sale in Ridgeville? You can browse all Ridgeville real estate or contact a Coldwell Banker agent to request more information.

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