$2,650,000

1550 James Dr Sparta, WI 54656

18,720 sqft
1.4 acres
$142 / sqft
Multi-Family

Property details

About 1550 James Dr

4 buildings, 20 - 2 bed, 1 bath units, 13 garages. Well located, great rental history, extremely low vacancy rate, low maintenance costs, tenant paid utilities, and all pet free. These building have been well maintained and updated over the last 20 years. Building D was built in 2020 and is ADA compliant. At that time, concrete for sidewalks was added and the parking lot expanded with new blacktop. Building B and C, windows, decks, doors and entrances have been redone within the last 10 years. All units have washer/dryer hook ups expect the second floor of Building A, however, there is room for a 2 sets of coin operated units on the second floor. All tenants are month to month. A great investment, fully occupied and the ability to raise rents to market rates.

Highlights

Home typeMulti Family
HeatingElectric
StatusActive
CoolingWall/Window Unit(s)
Size18,720 sqft
Lot size1.36 Acres
Year built2020
ParkingIndoor Space, Extra Space Available,Outdoor Space,Inside Parking,Outside
MLS #1914955

Summary

  • Appliances: Water Heater
  • Basement: No
  • Parking: Indoor Space, Extra Space Available,Outdoor Space,Inside Parking,Outside
  • Heating: Electric
  • Cooling: Wall/Window Unit(s)
  • List Price: $2,650,000
  • Price/SqFt: $141
  • Annual Tax Amount: $31,627
  • Tax Year: 2023
  • Directions: 1550 James Dr., Sparta, WI.
  • Year Built: 2020
  • Living Area: 18,720 SqFt
  • Municipality: Sparta
  • Lot Size: 1.36 Acres
  • MLS Number: 1914955
  • MLS Name: WIREX_METRO
  • Office Name: McClain Realty
  • Office Phone: (608) 269-3455
  • Office Email: info@mcclain-realty.com
  • Listing Agent: Tegan McClain

© 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: 5/5/2025, 3:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of road with curbs and sidewalks

$2,650,000

1550 James Dr

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Price information

Property sales

DateEventPrice
Jan 09, 2008
Home Sold
$655,000
Oct 05, 2006
Home Sold
$640,000

Tax history

YearAssessmentProperty Tax
2023$1,979,400$31,627
2022$1,554,600$27,218
2021$1,369,900$25,909
2020$889,900$17,527

History based on county public records data.

Nearby schools

4

Sparta Montessori School

Public Charter PK-6

0.9 mi

429 N Black River St

4

Herrman Elementary School

Public District 1-4

1.3 mi

925 N Black River St

5

Bangor Elementary School

Public District PK-5

8.4 mi

701 14th Ave S

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 $54,545. Residents of Sparta, WI typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

31%
<35k
55%
35k-100k
13%
100k-200k
1%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

38%
Single, No Kids
13%
Single, with Kids
28%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
9%
12-17 yrs old
22%
18-34 yrs old
39%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling
  • College FootballCollege Football

Where do the neighbors shop?

  • KmartKmart
  • Family DollarFamily Dollar
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Dominos PizzaDominos Pizza
  • SonicSonic

What do the neighbors drive?

  • BuickBuick
  • FordFord
  • KiaKia

What do the neighbors listen to?

  • OldiesOldies
  • New CountryNew Country
  • Contemporary ChristianContemporary Christian
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1550 James Dr in Sparta, WI and zip code 54656. This 18,720 square foot home, which was built in 2020, sits on a 1.36 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $2,650,000.

The inventory of homes for sale in Sparta, WI between March and April 2025 did not move.

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

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