Excellent opportunity to own a Beloit College Area 2-unit offering strong rental income.This property features traditional charm with quality updates. Lower unit rents at $1,200/month, reflecting strong demand in the area. Upper unit rents at $850/month. All dimensions and sq ft to be verified by Buyer Seller/Agent is a licensed Realtor All offers must include standard 1031 Exchange Language: Please refer to the associated docs for exact language
Closed
$212,000
640 Central Avenue, Beloit, WI 53511
4beds
1,840sqft
Multi Family
Built in 1936
-- sqft lot
$213,500 Zestimate®
$115/sqft
$1,144 Estimated rent
Home value
$213,500
$194,000 - $235,000
$1,144/mo
Zestimate® history
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$1,144/mo
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$1,423/mo
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Zillow last checked: 7 hours ago
Listing updated: February 25, 2026 at 01:30am
Listed by:
Michael Marquette Home:608-751-4422,
Century 21 Affiliated
Bought with:
Olivia Martinez-Pergolski
Source: WIREX MLS,MLS#: 2015520
Originating MLS: South Central Wisconsin MLS
Originating MLS: South Central Wisconsin MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas, Forced Air
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,840
- Total interior livable area: 1,840 sqft
Property
Parking
- Total spaces: 2
- Parking features: 2 Car, Detached, 2 Space, Outside
- Garage spaces: 2
Features
- Stories: 2
Lot
- Size: 6,969 sqft
Details
- Parcel number: 206 13660740
- Zoning: RES
- Special conditions: Arms Length
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
Condition
- 21+ Years
- New construction: No
- Year built: 1936
Utilities & green energy
- Electric: Separate Electric Meters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Electric Meters, Separate Gas Meters
Community & neighborhood
Location
- Region: Beloit
- Municipality: Beloit
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2026 | Sold | $212,000-7.8%$115/sqft |
Source:  WIREX MLS #2015520 Report a problem | ||
| 2/4/2026 | Pending sale | $230,000$125/sqft |
Source: WIREX MLS #2015520 Report a problem | ||
| 1/27/2026 | Listed for sale | $230,000$125/sqft |
Source: WIREX MLS #2015520 Report a problem | ||
| 9/5/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/6/2023 | Listed for rent | $800+3.2% |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,721 -15.8% | $141,800 +9.5% |
| 2023 | $2,044 -3.7% | $129,500 |
| 2022 | $2,123 -15.3% | $129,500 +64.5% |
Find assessor info on the county website
Neighborhood: 53511
Nearby schools
GreatSchools rating
- 1/10Merrill Elementary SchoolGrades: PK-3Distance: 1.1 mi
- 1/10Beloit Virtual SchoolGrades: PK-12Distance: 1.4 mi
- 2/10Memorial High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- High: Memorial
- District: Beloit
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$213,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$213,500
- Wisconsin
- Rock County
- Beloit
- 53511
- 640 Central Avenue