$10,000

closing credit¹

1021 Grandview Ave Tomah, WI 54660

$1,825,000
18,000 sqft
1.1 acres
$101 / sqft
Multi-Family

Property details

About 1021 Grandview Ave

Fantastic value-add opportunity to own this turnkey 16-unit with 16 garages. Incredibly well-kept and managed properties. (5) 1BR units, (9) 2BR units, (2) 3BR units, 16 garages rented at $65/garage. 6 coin-op washers and dryers. Four of the 2BRs have private laundry rooms. New roofs on building and garages. Seller expenses low due to self-managing. Assuming normal expenses and increasing to market rents, property nearly an 8 cap! Market rents show $18,430/mo. Seller financing/Owner financing on 1022 Grandview also available! With full-price offer for 1021 Grandview seller would also lease-option 16-unit at 1022 Grandview(8 garages) at an option price of $1,675,000, $100,000 option fee and interest-only for 24 months. Market rents show $16,500/mo. Seller will manage for 6 months.

Highlights

Home typeMulti Family
HeatingElectric
StatusActive
CoolingWall/Window Unit(s)
Size18,000 sqft
Lot size1.1 Acres
Year built2005
ParkingIndoor Space, Extra Space Available,Outdoor Space,Inside Parking,Outside
MLS #1894653
WaterfrontPond

Summary

  • MLS Number: 1894653
  • MLS Name: WIREX_METRO
  • Office Name: eXp Realty LLC
  • Office Phone: (866) 848-6990
  • Office Email: wi.broker@exprealty.net
  • Listing Agent: Spenser Nickelatti

© 2025 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/18/2025, 7:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of garage

$1,825,000

1021 Grandview Ave

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 03, 2005
Home Sold
$1,618,000

Tax history

YearAssessmentProperty Tax
2020$947,200$21,832
2019$947,200$21,313
2018$947,200$20,954
2017$947,200$20,917

History based on county public records data.

Nearby schools

4

Lemonweir Elementary School

Public District PK-5

0.5 mi

711 N Glendale Ave

4

La Grange Elementary School

Public District PK-5

0.8 mi

600 Straw St

2

Miller Elementary School

Public District KG-5

1.5 mi

813 Oak Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $32,531. Residents of Tomah, WI typically earn less than $<35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

57%
<35k
36%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

58%
Single, No Kids
16%
Single, with Kids
14%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
6%
12-17 yrs old
26%
18-34 yrs old
40%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • KmartKmart
  • Family DollarFamily Dollar
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Dominos PizzaDominos Pizza
  • SonicSonic

What do the neighbors drive?

  • BuickBuick
  • FordFord
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • OldiesOldies
  • New CountryNew Country
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

This home is located at 1021 Grandview Ave in Tomah, WI and zip code 54660. This 18,000 square foot home, which was built in 2005, sits on a 1.10 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since October 3, 2024 and is currently priced at $1,825,000.

While more than 5 listings in Tomah, WI in December 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 6 were sold below. The number of homes for sale in Tomah, WI did not change between November and December 2024.

From Rocket Homes Real Estate and based on county public records data.

More resources