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Listed with RE/MAX Preferred
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Exceptional mixed-use investment opportunity in the heart of historic Mineral Point. This income-producing property features six fully leased residential apartments generating over $73,800 in annual gross income, plus an established commercial tenant and eight additional office suites offering significant upside through future leasing or reconfiguration. A lower-level garden suite provides additional value-add potential for residential or commercial use. Numerous capital improvements have already been completed, including tuckpointing, structural reinforcements, updated electrical, newer roof, and new deck and stairs, minimizing near-term capital expenses. Located on a high-visibility corner in downtown Mineral Point, this property offers immediate cash flow with excellent long-term appreciation and income growth potential. A rare opportunity for investors seeking a stabilized asset with value-add potential in a thriving historic community.
Property Type(s):
Multi Family
| Last Updated | 7/7/2026 | Year Built | 1900 |
|---|---|---|---|
| County | Iowa |
SCHOOLS
| School District | Mineral Point |
|---|---|
| Elementary School | Mineral Point |
| Jr. High School | Mineral Point |
| High School | Mineral Point |
Additional Details
| BASEMENT | Full, Partially finished, Yes |
|---|---|
| CONSTRUCTION | Brick, Stone |
| LOT | 3485 sq ft |
| MLS STATUS | Active |
| SEWER | Public Sewer |
| TAXES | 5528 |
| UTILITIES | Cable Available |
| WATER | Public |
Listed with RE/MAX Preferred
Information is supplied by seller and other third parties and has not been verified.
Copyright 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.
This IDX solution is (c) Diverse Solutions 2026.
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