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

Andy Beiser

+1(920) 744-3399
Listed by Great Rock Realty LLC • kschulz@KeithandKinsey.com
$ 419,900
Est. payment | /mo

6 Beds

4 Baths

2,856 SqFt

Save
$ 419,900
Est. payment | /mo
Save

6 Beds

4 Baths

2,856 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex-side by side

Listing Status Active

Purchase Type For Sale

Square Footage 2,856 sqft

Price per Sqft $147

MLS Listing ID 2022120

Bedrooms 6

Full Baths 4

Year Built 1997

Annual Tax Amount $6,102

Tax Year 2025

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Duplex-side by side

Property Description

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.

Location

State WI

County Iowa

Area Arena - V

Zoning Res

Direction From Madison Hwy 14 West to Arena, Right on Village Edge Road, Right on Thomas Place.

Rooms

Basement Partial, Walkout to yard

Interior

Heating Forced air

Inclusions 2 Refrigerators, 2 stoves, 2 dishwashers

Heat Source Natural Gas

Exterior

Parking Features 2 stall garage

Utilities Available Separate elec meters, Separate gas meters

Building

Water Municipal sewer, Municipal water

Structure Type Vinyl

Schools

Elementary Schools River Valley

Middle Schools River Valley

High Schools River Valley

School District River Valley

South Central Wisconsin MLS (SCWMLS)
This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved

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