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100A-100B Thomas Place

Arena, WI 53503
  • $419,900
  • STATUS: Active
  • ON SITE: 10 Days
  • ID#: 2022120
Price Reduced
$419,900
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1997
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Great Rock Realty LLC: 608-492-2272

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.

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© 2026 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Klodowski Real Estate. Data last updated: 2026-05-11T23:41:18.99.
www.klodowskirealestate.com/homes/176003384
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100A-100B Thomas Place Arena, WI 53503

  • Price: $419,900
  • Status: Active
  • On Site: 10 Days
  • ID#: 2022120
0
Beds
0
Baths
0
½ Baths
0.3
Acres
1997
Built
Neighborhood:
Arena - V
County:
Iowa
Area:
Arena - V
Elementary School:
River Valley
Middle School:
River Valley
High School:
River Valley
School District:
River Valley
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.
Exterior Features

Exterior Vinyl Parking Spaces Outside 4 Parking Stalls Inside 4 Type Duplex-side by side Unit1 Parking 2 Car Garage Unit2 Parking 2 Car Garage

Interior Features

Basement PartialWalkout to yard Clothes Dryers 0 Clothes Washers 0 Dish Washers 2 Heating Type Forced air Number Of Efficiencies 0 Number Of One Bedrooms 0 Number Of Three Plus Beds 3 Number Of Two Bedrooms 0 Refrigerators 2 Stoves 2 Unit1 Family/Rec rmEat-in kitchenBalcony/patioAir conditioningFireplaceRange/ovenRefrigeratorDishwasher Unit1 Bedroom2 Dim 10x10 Unit1 Bedroom3 Dim 10x11 Unit1 Bedrooms 3 Unit1 Full Baths 2 Unit1 Half Baths 0 Unit1 Kitchen Dim 17x11 Unit1 Living Great Room Dim 17x15 Unit1 Master Bedroom Dim 15x13 Unit1 Other Room Dim 15x14 Unit1 Sq Ft 1428 Unit2 Family/Rec rmEat-in kitchenBalcony/patioAir conditioningFireplaceRange/ovenRefrigeratorDishwasher Unit2 Bedroom2 Dim 10x10 Unit2 Bedroom3 Dim 10x11 Unit2 Bedrooms 3 Unit2 Full Baths 2 Unit2 Half Baths 0 Unit2 Kitchen Dim 11x17 Unit2 Living Great Room Dim 17x15 Unit2 Master Bedroom Dim 15x13 Unit2 Other Room Dim 15x14 Unit2 Sq Ft 1428 Units With AC 2

Property Features

Association South Central WI City Town Or Village Village County Quarter Iowa NE Fuel Natural Gas Furnaces 2 Legal Documents Lease(s) on fileCondition report on file Mailing City Arena Net Taxes 6102 Park Unit 2 stall garage Source Acreage Assessor Tax Year 2025 Total Income 31800 Unit1 Rent 1265 Unit2 Rent 1500 Utilities Separate elec metersSeparate gas meters Water Heaters 2 Water Softeners 0 Water Waste Municipal sewerMunicipal water Year Built Source Assessor Zoning Res

Listing information © 2026 South Central Wisconsin MLS.
Listing provided courtesy of Great Rock Realty LLC: kschulz@KeithandKinsey.com.



© 2026 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Klodowski Real Estate. Data last updated: 2026-05-11T23:41:18.99.
 
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Klodowski Real Estate
N8053 State Road 33, Suite 2
Beaver Dam WI, 53916
Listing provided by Great Rock Realty LLC: 608-492-2272