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$349,900

425 S Forest St New Lisbon, WI 53950

0.3 acres
Multi-Family

Property details

About 425 S Forest St

Don't miss this exceptional investment opportunity! This meticulously maintained 4-unit apartment building in New Lisbon boasts a prime location directly across the street from New Lisbon Schools and just a block from the public library. Tenants will appreciate the significant upgrades made in 2025, including all-new kitchen cabinets in every unit, with most also featuring refreshed flooring and fresh paint. Bathrooms have been thoughtfully updated, with most receiving new tub surrounds, vanities, flooring, and medicine cabinets. Major infrastructure improvements ensure peace of mind for years to come: a new boiler and water heater were installed in 2024, the parking lot was blacktopped in 2023. Shared laundry facility in the basement (not hooked up) and individual storage units.

Highlights

Home typeMulti Family
HeatingRadiant, Electric, Natural Gas
StatusActive
BasementYes
Lot size0.3 Acres
Year built1965
ParkingOutside
MLS #2000285

Summary

  • Basement: Yes
  • Interior: High Speed Internet
  • Parking: Outside
  • Heating: Radiant, Electric, Natural Gas
  • List Price: $349,900
  • Annual Tax Amount: $2,616
  • Tax Year: 2023
  • Directions: From Stop light in New Lisbon, South on Hwy 12/16, Right on W Park St, at corner road changes to Forest St, property on right
  • Year Built: 1965
  • Municipality: New Lisbon
  • Lot Size: 0.3 Acres
  • MLS Number: 2000285
  • MLS Name: WIREX_SCW
  • Office Name: RE/MAX RealPros
  • Office Phone: (608) 254-9488
  • Listing Agent: Liz Walker

© 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: 7/10/2025, 8:45:29 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$135,600$2,616
2022$135,600$2,529
2021$138,700$3,694
2020$138,700$3,448
2019$138,700$3,513
2018$138,700$3,377
2017$138,700$3,418

History based on county public records data.

Nearby schools

3

New Lisbon Elementary School

Public District PK-6

0.1 mi

500 S Forest St

7

Camp Douglas Elementary School

Public District 2-5

6.2 mi

81 Junction St

4

Grayside Elementary School

Public District 3-5

7.5 mi

510 Grayside 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 $38,903. The most common annual income of people living in New Lisbon, WI is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

45%
<35k
47%
35k-100k
7%
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?

48%
Single, No Kids
11%
Single, with Kids
24%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
19%
18-34 yrs old
37%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Monster TrucksMonster Trucks
  • NASCARNASCAR
  • HuntingHunting

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • GMCGMC
  • RamRam

What do the neighbors listen to?

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

Frequently asked questions

About 425 S Forest St

The listing price of 425 S Forest St property is $349,900.

The property 425 S Forest St is a multi located in New Lisbon, Wisconsin, 53950.

Active Listing: 425 S Forest St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 425 S Forest St are: New Lisbon Elementary School (GreatSchools Rating 3/10), Camp Douglas Elementary School (GreatSchools Rating 7/10), Grayside Elementary School (GreatSchools Rating 4/10), Olson Middle School (GreatSchools Rating 7/10), Necedah Middle School (GreatSchools Rating 4/10), Royall Intermediate School (GreatSchools Rating 3/10), New Lisbon Junior High/High (GreatSchools Rating 5/10), Ilead Charter School (GreatSchools Rating 4/10), Mauston High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $2,616 (source: MLS/based on county public records data).

The year of construction for 425 S Forest St is 1965.

This home is located at 425 S Forest St in New Lisbon, WI and zip code 53950. Features: 0 bathroom. It has been listed on Rocket Homes since May 21, 2025 and is currently priced at $349,900.

In June 2025 more than 3 listings in New Lisbon, WI were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 6 were sold below. The inventory of homes for sale in New Lisbon, WI between May and June 2025 increased by 15.4%.

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

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