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116 W Main STREET, 
Wales, WI 53183

$520,000


Bed


Bath


3,180

Sq Ft


Multi-Family

Pending

Listed by

Rodolfo Garcia-Garcia

Rethought Real Estate

414-797-6128

Last updated:

January 11, 2026, 09:03 AM

MLS#

1905614

Source:

Metro MLS

About This Home

116 W Main STREET

Rare opportunity to own this well maintained four family in Wales. This well-maintained 4-family building features two 1-bedroom units and two 2-bedroom units, one of which includes an office space and a spacious loft above the 2-car garage. Generating $3,400/month with plenty room to increase has long-term, month-to-month tenants, this property offers steady income. No water bill thanks to a well, stamped as good in 2024. Recent updates include a 5-year old roof, 7-year old furnace, loft recently finished and three water heaters replaced in 2022. Solid foundation, clean building, and a prime location make this a fantastic addition to any portfolio! All electrical boxes and windows are newer.Building is zoned as non-conforming commercial B2. Will be re-zoned as residential in July.

Home Facts

Multi-Family

Built in 1895

Price Summary

520,000

$163 per Sq. Ft.

MLS #:

1905614

Last Updated:

January 11, 2026, 09:03 AM

Added:

a year ago


Rooms & Interior

Interior

Living Area:

3,180 Sq. Ft.


Structure

Structure

Building Area:

3,180 Sq. Ft.

Year Built:

1895


Lot

Lot Size (Sq. Ft):

6,534


Finances & Disclosures

Finances

Price:

$520,000

Price per Sq. Ft:

$163 per Sq. Ft.

Source:Metro MLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.