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100a-100b Thomas Place Arena, WI 53503 • Multi Unit - Multiple • Active

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New - 9 Hours Ago
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Description

Investors and owner-occupants take note?this side-by-side duplex offers the ideal combination of stable occupancy and strong upside. Built in 1997, the property features the modern layout, 2x6 walls, and newer-construction appeal that tenants prefer, while still presenting an excellent opportunity to add value through cosmetic improvements and future rent growth. Each spacious unit offers vaulted ceilings, a fireplace, a large primary bedroom with dual closets, ample storage in the unfinished basement, and an attached two-car garage. Roof and furnaces replaced in 2017 Unit A is occupied by a long-term tenant of 11 years. Unit B will be vacant at the end of May, creating the perfect opportunity to place a new tenant at full market rent or for an owner-occupant to move in and offset their mortgage by renting the other side. Whether you're expanding your investment portfolio, looking to house hack, or searching for a smart first multifamily purchase,

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Iowa
High School: River Valley
Listed By:
Great Rock Realty LLC kschulz@KeithandKinsey.com
SCWMLS

Units

Unit 1:
Bedrooms: 3
Full Baths: 2
Parking Description: 2 Car Garage
Square Feet: 1428
Unit 2:
Bedrooms: 3
Full Baths: 2
Parking Description: 2 Car Garage
Square Feet: 1428
$459,900
Est. $2,980/mo

Listing Courtesy of: Great Rock Realty LLC
Agency Contact: kschulz@KeithandKinsey.com
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New to the Market Active
BEDS0 BATHS MLS#2022120
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLRiver Valley
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Shown By

Brenda Smith
 (563) 451-5132

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100a-100b Thomas Place, Arena, WI 53503.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $459,900$459,900$459,900
Down Payment $91,980$16,097$114,975
Monthly Mortgage Amount $2,206$2,707$2,818
Taxes $640$640$640
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$202$0
Monthly Estimated Total $2,980$3,683$3,592

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 05/01/2026. The listing information on this page last changed on 05/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 05/01/2026 3:47:46 PM EST) or MRED MLS (last updated Fri 05/01/2026 3:45:33 PM EST) or SCWMLS (last updated Fri 05/01/2026 3:41:32 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 05/01/2026 3:18:56 PM EST) or Cedar Rapids MLS (last updated Fri 05/01/2026 3:45:29 PM EST) or NEIRBR MLS (last updated Fri 05/01/2026 3:38:55 PM EST) or ICAAR MLS (last updated Fri 05/01/2026 3:38:24 PM EST) or ECIMLS (last updated Fri 05/01/2026 3:45:39 PM EST) or RMLSA (last updated Fri 05/01/2026 3:41:11 PM EST) or Muscatine MLS (last updated Fri 05/01/2026 3:45:34 PM EST) or No Coast MLS (last updated Fri 05/01/2026 3:45:11 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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