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100A-100B Thomas Place, Arena, WI, 53503

6beds
4baths
2,856sqft
$419,900
$147price/sqft
$3,082/moest. monthly cost
$123,280/yrincome needed

About This Home

Investors and owner-occupants take note?this side-by-side duplex offers strong upside potential with an immediate opportunity to build equity. Built in 1997, the property features modern layouts, attached garages, and functional floor plans tenants love. Each unit includes vaulted ceilings, a fireplace, spacious primary bedroom with dual closets, unfinished basement storage, and an attached two-car garage. Unit B is in good shape and ready for a new renter, with multiple applicants already at $1,500/month. Unit A has been occupied by the same tenant for 11 years and is in need of fresh paint, flooring, and general updating. Continue renting to the current tenant as-is or make improvements and increase rental income?creating an excellent sweat equity opportunity for the next owner. Priced with condition in mind, this property is ideal for buyers looking to increase value through basic improvements, boost future rental income, and build long-term equity.

Getting Around

20
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

9/10
7/10
River Valley High SchoolGrades 9-128.9 mi
3/10

Construction

Condition

  • Property condition: 21+ Years
  • Year built: 1997

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Duplex

Interior

Basement

  • Has basement: Yes
  • Basement: Partial,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4

Heating

  • Heating features: Natural Gas,Forced Air

Interior Area

  • Total structure area: 2,856
  • Total interior livable area: 2,856 sqft

Property

Details

  • Parcel number: 251010249.06
  • Zoning: Res

Lot

  • Lot size: 0.30 Acres

Parking

  • Total spaces: 2
  • Parking features: 2 Car
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2