104 Pine Street Street, Glenwood City, WI 54013

$284,900
Property Type: Commercial Bedrooms: 8 Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $284,900 List Date: 4/10/2026 Last Modified: 6/10/2026

Overview

Description

Stabilized five-unit multifamily property in Glenwood City offering immediate operational continuity and long-term ownership value. With all units occupied and a history of low vacancy and limited turnover, this property presents a practical opportunity for buyers seeking a manageable first multifamily acquisition or a seamless addition to an existing rental portfolio. The building has seen consistent care and selective improvements over time, including remodeled units, newer vinyl siding, and a roof replaced approximately ten years ago—helping reduce near-term capital uncertainty. The diversified unit mix supports steady operations while keeping the overall scale approachable for hands-on ownership or streamlined management. An additional cement block storage building adds functional utility and flexibility for ownership. Supporting documentation, including a current rent roll and operating history, is available in the supplements to assist buyers with underwriting and informed de ...

Listing Details MLS# 7047954

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1956
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
1500
Garage Stalls
2
For Sale or Lease
For Sale
Acres
0.12
Lot Dimensions
123x170x292x17
Assessment Pending
Unknown
Other Parking Spaces
0

Property Features

Accessible: None Air Conditioning: None Appliances: Range; Refrigerator CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Exterior: Vinyl Flooring: Carpet; Luxury Vinyl Plank; Vinyl/Linoleum Foundation: Concrete Block; Stone Fuel: Electric; Natural Gas Heating: Baseboard; Forced Air Location Description: Downtown Lock Box Type: Combo Lot Description: Irregular Lot On Site Utilities: Electric Common; Electric Separate; Heating Common; Heating Separate Roof: Age Over 8 Years Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
284900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
104
Street Name
Pine Street
Street Suffix
Street
Postal City
Glenwood City
County
St. Croix
State
WI
Zip Code
54013
Complex/Dev/Subdivision
Glenwood

Assessments

Tax With Assessments
4226.29
Assessment Balance
0

Basement

Foundation Dimensions
25x60

More Information

Building Information

Building Finished SqFt
3000
Building SqFt
3000

Income and Expenses

Annual Gross Expenses
17500
Annual Gross Income
42774

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
25x28
Garage Square Feet
700

Public Survey Info

Range#
00

Sale Options

Sale Includes
Building, Land, Leases, Other

Unit 1

Unit Number
Yes
Monthly Rent
720
Total Bedrooms
2
Total Rooms
2
Leased?
Yes
Lease Expiration Date
2026-04-30
No. of 1 Bedroom Units
2

Unit 2

No. of 2 Bedroom Units
3
Lease Expiration Date
2026-04-30
Leased?
Yes
Monthly Rent
720
Total Bedrooms
2
Total Rooms
2
Unit Number
2

Unit 3

Lease Expiration Date
2026-12-31
Leased?
Yes
Monthly Rent
670
Total Bedrooms
Yes
Total Rooms
Yes
Unit Number
3

Unit 4

Lease Expiration Date
2026-04-30
Leased?
Yes
Monthly Rent
670
Total Bedrooms
Yes
Total Rooms
Yes
Unit Number
4

Unit 5

Lease Expiration Date
2026-04-30
Leased?
Yes
Monthly Rent
780
Total Bedrooms
2
Total Rooms
2
Unit Number
5

Unit 6

Lease Expiration Date
2026-04-30
Leased?
Yes
Monthly Rent
100
Unit Number
6

Unit Details

Total Units
6

Office/Member Info

Association
WWRA

Location, Tax and Other Information

Legal Description
W 2 FT OF LOT 23 & ALL OF LOTS 24 & 25 BLOCK 3 ORIG PLAT G.C.
Listing City
Glenwood City
Map Page
999
Municipality
Glenwood City
School District
Glenwood City
School District Phone
715-265-4757
Zip Plus 4
1729
Property ID Number
231100380000
Tax Year
2025
Tax Amount
4226.29
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Stabilized five-unit multifamily property in Glenwood City offering immediate operational continuity and long-term ownership value. With all units occupied and a history of low vacancy and limited turnover, this property presents a practical opportunity for buyers seeking a manageable first multifamily acquisition or a seamless addition to an existing rental portfolio. The building has seen consistent care and selective improvements over time, including remodeled units, newer vinyl siding, and a roof replaced approximately ten years ago—helping reduce near-term capital uncertainty. The diversified unit mix supports steady operations while keeping the overall scale approachable for hands-on ownership or streamlined management. An additional cement block storage building adds functional utility and flexibility for ownership. Supporting documentation, including a current rent roll and operating history, is available in the supplements to assist buyers with underwriting and informed decision-making. Well-suited for buyers focused on acquiring a stabilized income-producing property that can be stepped into with minimal disruption, this offering balances operational stability with long-term hold potential in a market known for consistent rental demand.
Directions
Highway 128 North to Glenwood, Right on 1st. St. Corner Of 1st and Pine

Accessible

None
Yes

Air Conditioning

None
Yes

Appliances

Range
Yes
Refrigerator
Yes

Construction Status

Previously Owned
Yes

Exterior

Vinyl
Yes

Flooring

Carpet
Yes
Luxury Vinyl Plank
Yes
Vinyl/Linoleum
Yes

Foundation

Concrete Block
Yes
Stone
Yes

Fuel

Electric
Yes
Natural Gas
Yes

Heating

Baseboard
Yes
Forced Air
Yes

Lock Box Type

Combo
Yes

Lot Description

Irregular Lot
Yes

Roof

Age Over 8 Years
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

No. of Ranges

Five
Yes

No. of Refrigerators

Five
Yes

On Site Utilities

Electric Common
Yes
Electric Separate
Yes
Heating Common
Yes
Heating Separate
Yes

CMU Style

Apartments/Multi Family
Yes

Current Use

Residential
Yes

Location Description

Downtown
Yes
IDX
Listing Office: EXIT Realty Springside
Last Updated: June - 10 - 2026
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