219 Lincoln Ave

Rio, WI 53960

$525,900
Price
9
Beds
6,900 Sq. Ft.
$76 / Sq. Ft.
6,900
Sq. Ft.
$76
per Sq. Ft.

Description

You Can't Tell A Book By Its Cover! - Just 10 mins from New ABS Facility. This grand brick 4-unit apart bldg is a turnkey investment with opportunity with strong upside potential. 3 of the units have been beautifully renovated & all are constantly rented. Unit sizes are generous: #1 1500 sf, #2 & 3 2500 sf each, efficiency is 400 sf with 1200 sf of addtl space that could be renovated into living space. In-unit Washer/dryers, #3 has large covered balcony, newer Thermopane windows, newer rubber roof...You Can't Tell A Book By Its Cover! - Just 10 mins from New ABS Facility. This grand brick 4-unit apart bldg is a turnkey investment with opportunity with strong upside potential. 3 of the units have been beautifully renovated & all are constantly rented. Unit sizes are generous: #1 1500 sf, #2 & 3 2500 sf each, efficiency is 400 sf with 1200 sf of addtl space that could be renovated into living space. In-unit Washer/dryers, #3 has large covered balcony, newer Thermopane windows, newer rubber roof 2018, mansard singles 2000(front), appliances & hot water htrs(2020-2025), workout room, LL workshop & large storage area, detached 2 car gar. Rents are currently under market, offering immediate value-add potential. Just 20 minutes to Sun Prairie. Measurements are approx.
  1. Listed by Judy Braund • Real Broker LLC • Pref: 608-235-0431

Property Details for 219 Lincoln Avenue

Subdivision
Buchanan's Add
Zoning
commercial
LISTING UPDATED: 11/08/2025 03:48 PM

Property Details for 219 Lincoln Avenue

StatusActive
MLS #2001053
Days on Market208
Taxes$5,600 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Apartment building
Year Built1902
CountyColumbia County

Location

Listing Courtesy of Real Broker LLC
Add your commute

Building Information for 219 Lincoln Avenue

Building/Complex219 Lincoln AveFloor-Stories-Residences4Pet Policy-Pet Policy Details-Year Built1902Building Size-

Payment Calculator

$3,065 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,599

Property Taxes

$467

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 219 Lincoln Avenue

Summary
Location and General Information
  • C/T/V: Village
  • County: Columbia
  • County Qtr Section: Columbia SE
  • Directions: Hwy 16 to Rio North on Lincoln Ave
  • Location: RIO - V
  • Mailing City: Rio
  • Municipality: Rio
  • State: WI
  • Zip: 53960
Parking
  • Park/Unit: Detached, Outside
  • Parking Spaces Outside: 6
  • Parking Stalls Inside: 2
School Information
  • Elementary: Rio
  • High School: Rio
  • Middle School: Rio
  • School District: Rio
Taxes and HOA Information
  • Net Taxes: $5,600.00
  • Parcel ID: 11177-61
  • Tax Year: 2024
Property
Property and Assessments
  • Class: Multi Family
  • Improvements: 259700
  • Land Assess: $14,700.00
  • Legal Documents: Condition report on file, Lease(s) on file
  • Total Assess: $274,400.00
  • Total Assess Year: 2024
  • Type: Apartment building, 3 story, 2 flat-up and down
  • Year Built: 1902
Lot Information
  • Estimated Total Acres: 0.3
  • Source of Est. Acres: Assessor
  • Source of Year Built: Assessor
Utilities
  • Water/Waste: Municipal sewer, Municipal water
Interior and Exterior Features
Exterior Features
  • Exterior: Brick, Stone
Interior Features
  • Items Included: 4 stoves/ovens, 4 refrigerators, 2 dishwashers, 4 washers, 4 dryers, 4 hot water heaters, 3 furnaces, 1 garage door opener
  • Items Excluded: Seller's and tenant's personal items.
  • Number of Dish Washers: 2
  • Number of Dryers: 4
  • Number of Furnaces: 3
  • Number of Stoves: 4
  • Number of Refrigerators: 4
  • Number of Washers: 4
  • Number of Water Heaters: 4
  • Number of Water Softeners: 0
  • Basement: Full
  • Heating Fuel: Natural Gas
  • Heating Type: Forced air
  • Number of Efficiencies: 1
Room Information
Bedrooms
  • Number of 1 Bedrooms: 0
  • Number of 2 Bedrooms: 1
  • Number of 3+ Bedrooms: 2
Multi Family
Unit Information
  • Number of Units w/AC: 4
  • Number of Units: 4
Income & Expenses Information
  • Net Operating Income: $38,600
  • Net Operating Income Year: 2025
  • Total Expenses: $12,400
  • Total Income: $51,000
Unit 1
  • U1 Landlord Pays Heat: Yes
  • U1 Landlord Pays Electric: No
  • U1 Landlord Pays Water/Sewer: Yes
  • Unit 1: Eat-in kitchen,Range/oven,Refrigerator,Dishwasher,Washer/dryer
  • U1 Parking: 2 Space
  • U1 Number of Bedrooms: 2
  • U1 Full Baths: 1
  • U1 Half Baths: 0
  • U1 SqFt: 1500
  • Unit 1 Kitchen Level: M
  • Unit 1 Living/Great Room Level: M
  • Unit 1 Primary BedRoom Level: M
  • Unit 1 Kitchen Dimensions: 10x15
  • Unit 1 Living/Great Room Dimensions: 12x16
  • Unit 1 Primary BedRoom Dimensions: 12x12
Unit 2
  • U2 Landlord Pays Heat: No
  • U2 Landlord Pays Electric: No
  • U2 Landlord Pays Water/Sewer: Yes
  • Unit 2: Dining room,Eat-in kitchen,Range/oven,Refrigerator,Dishwasher
  • U2 Parking: 2 Space
  • U2 Number of Bedrooms: 3
  • U2 Full Baths: 1
  • U2 Half Baths: 0
  • U2 SqFt: 2500
Unit 3
  • Unit 3: Family/Rec rm,Eat-in kitchen,Balcony/patio,Range/oven,Refrigerator,Dishwasher,Washer/dryer
  • U3 Parking: 1 Car Garage
  • U3 Number of Bedrooms: 4
  • U3 Full Baths: 1
  • U3 Half Baths: 0
  • U3 SqFt: 2500
  • U3 Landlord Pays Heat: No
  • U3 Landlord Pays Electric: No
  • U3 Landlord Pays Water/Sewer: Yes
Unit 4
  • Unit 4: Efficiency
  • U4 Half Baths: 0
  • U4 Parking: 1 Car Garage
  • U4 Number of Bedrooms: 0
  • U4 Full Baths: 1
  • U4 Landlord Pays Heat: Yes
  • U4 Landlord Pays Electric: No
  • U4 Landlord Pays Water/Sewer: Yes
  • U4 SqFt: 400

Property History for 219 Lincoln Avenue

DateEvent & SourcePriceAppreciation
May 31, 2025

Price Change

SCWMLS #2001053

$599,900—
May 31, 2025

Price Change

SCWMLS #2001053

$574,900—
May 31, 2025

Listed (Active)

SCWMLS #2001053

$525,900—
Apr 17, 2015

Sold (Public Record)

Public Record #556189381

—
Apr 17, 2015

Sold

SCWMLS #1728276

—
Feb 12, 2015

Pending

SCWMLS #1728276

—
Sep 19, 2014

Listed (Active)

SCWMLS #1728276

$159,000—
DateEvent & SourcePrice
05/31/2025

Price Change

SCWMLS #2001053

$599,900
05/31/2025

Price Change

SCWMLS #2001053

$574,900
05/31/2025

Listed (Active)

SCWMLS #2001053

$525,900
04/17/2015

Sold (Public Record)

Public Record #556189381

—
04/17/2015

Sold

SCWMLS #1728276

—
02/12/2015

Pending

SCWMLS #1728276

—
09/19/2014

Listed (Active)

SCWMLS #1728276

$159,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 219 Lincoln Avenue

Taxable ValueLand$14,700Additions$259,700Total$274,400
Tax Record2024$5,526 ($460 / month)
Home Facts
Lot Size13,460 SqFtStyleMiscellaneous CommercialCountyCOLUMBIAAPN11177-61

Schools near 219 Lincoln Avenue

This home is within Rio Community School District.
Rating
School
Type
Grades
Distance
Rio Elementary School
Public - PK to 5
Rio Middle/High School
Public - 6 to 12
Rating
School
Distance
Rio Elementary School
PublicPK to 5

Rio Middle/High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 219 Lincoln Avenue, Rio, WI 53960

219 Lincoln Avenue is a multi-family home for sale in Rio, WI 53960. This property was listed for sale on May 31, 2025 by Real Broker LLC, it's currently listed at $525,900. It has been on the market for a total of 208 days and was last sold on April 17, 2015. This listing's school district is Rio Community School District. Nearby schools include Rio Elementary School and Rio Middle/High School. 219 Lincoln Avenue is a 9-bed, 4-bath, 6,900 sqft multi-family home built in 1902.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker LLC

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 11/08/2025 03:48 PM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2025 – WiREx. – All Rights Reserved