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$324,900

124 S 5th St Delavan, WI 53115

1,656 sqft
0.3 acres
$196 / sqft
House

Property details

About 124 S 5th St

Located in the heart of Delavan, this Triplex is an excellent Investment Opportunity! Rent out all three units or owner-occupy! Private entrances for all three units. The 3rd unit is an efficient apartment and collects $500 a month. The three units are currently rented out on a month-to-month basis, and tenants would love to stay. The lower unit features a first-floor laundry, newer flooring, and some newer windows and mechanical systems throughout. Tenant maintains grass and snow removal. Sold in ''AS IS'' condition.

Highlights

StatusActive
Size1,656 sqft
BasementYes
Lot size0.31 Acres
Year built1901
ParkingNone, 1 Space
MLS #1925666

Summary

  • Basement: Yes
  • Attached Garage: No
  • Parking: None, 1 Space
  • List Price: $324,900
  • Price/SqFt: $196
  • Annual Tax Amount: $2,349
  • Tax Year: 2023
  • Directions: Follow GPS
  • Year Built: 1901
  • Living Area: 1,656 SqFt
  • Municipality: Delavan
  • Lot Size: 0.31 Acres
  • MLS Number: 1925666
  • MLS Name: WIREX_METRO
  • Office Name: Riley Real Estate Group
  • Office Email: suanneriley@hrsellsfast.com
  • Listing Agent: Suanne Riley

© 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: 7/21/2025, 11:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$107,200$2,349
2022$107,200$2,319
2021$107,200$2,304
2020$107,200$2,386
2019$107,200$2,399
2018$107,200$2,159
2017$117,200$2,690

History based on county public records data.

Nearby schools

2

Darien Elementary School

Public District 3-4

4.0 mi

125 S Walworth St

6

West Side Elementary School

Public District PK-5

5.5 mi

222 Sunset Dr

5

Williams Bay Elementary School

Public District PK-5

5.5 mi

250 Theatre Rd

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 $45,875. Most Delavan, WI residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

37%
<35k
51%
35k-100k
12%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

40%
Single, No Kids
18%
Single, with Kids
20%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
8%
12-17 yrs old
26%
18-34 yrs old
36%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • Figure SkatingFigure Skating
  • MotocrossMotocross

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • KmartKmart
  • GameStopGameStop

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Bob EvansBob Evans
  • SonicSonic

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • JeepJeep

What do the neighbors listen to?

  • CountryCountry
  • OldiesOldies
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 124 S 5th St

The listing price of 124 S 5th St property is $324,900.

The property 124 S 5th St is a house located in Delavan, Wisconsin, 53115.

Active Listing: 124 S 5th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 124 S 5th St are: Darien Elementary School (GreatSchools Rating 2/10), West Side Elementary School (GreatSchools Rating 6/10), Williams Bay Elementary School (GreatSchools Rating 5/10), Phoenix Middle School (GreatSchools Rating 4/10), Williams Bay Middle School (GreatSchools Rating 4/10), Fontana Elementary School (GreatSchools Rating 6/10), Delavan-Darien High School (GreatSchools Rating 3/10), Williams Bay High School (GreatSchools Rating 8/10), Elkhorn Options Virtual School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $2,349 (source: MLS/based on county public records data).

The property at 124 S 5th St has 0 bathroom.

The property 124 S 5th St is 1,656 SqFt (source: MLS/tax record).

The year of construction for 124 S 5th St is 1901.

This home is located at 124 S 5th St in Delavan, WI and zip code 53115. This 1,656 square foot home, which was built in 1901, sits on a 0.31 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 9, 2025 and is currently priced at $324,900.

While more than 4 listings in Delavan, WI in June 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 10 were sold below. The number of homes for sale in Delavan, WI did not change between May and June 2025. While the average time on the market in June 2025 was 49 days, the median list price was $267,250.

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

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