124 South 5th STREET, Delavan, WI 53115
OFF MARKET

124 South 5th STREET
Delavan, WI 53115

  • 4 Beds
  • 2 Baths

$331,000

Trulia Estimate
as of Jul 23, 2026
Est. Refi. Payment $2,082/mo*
Refinance Your Home

$331,000

Trulia Estimate
as of Jul 23, 2026
Est. Refi. Payment $2,082/mo*
Refinance Your Home
4 Beds
2 Baths
(on 0.31 acres)

Local Information

  • Map ViewExplore the area around 124 South 5th STREET.
  • Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1901
Lot Size
0.31 acres

Description

Located in the heart of Delavan, this Triplex is an excellent Investment Opportunity! Rent out all three units or owner-occupy! Private entrances for all three units. The 3rd unit is an efficient apartment and collects $500 a month. The three units are currently rented out on a month-to-month basis, and tenants would love to stay. The lower unit features a first-floor laundry, newer flooring, and some newer windows and mechanical systems throughout. Tenant maintains grass and snow removal. Sold in ''AS IS'' condition.
124 South 5th STREET, Delavan, WI 53115 is a 4 bedroom, 2 bathroom multi-family built in 1901. It last sold for $317,000 on Aug 22, 2025 (2% below the $324,900 asking price). It is currently off market. The Trulia Estimate is $331,000, with a rent estimate of $1,409/month.

Home Details for 124 South 5th STREET

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Partial
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Appliances & Utilities
Utilities: 2 Electric Meters, 2 Gas Meters
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: 2 Electric Meters
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Parking & Garage
No CarportNo GarageNo Attached GarageParking: No Garage,1 Space
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1901
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, DuplexStructure Type: DuplexArchitecture: Duplex
Building
Construction Materials: Stucco/Slate, Wood SidingNot a New Construction
Property Information
Condition: 21+ YearsParcel Number: XP00010

Price & Status

Price
List Price: $324,900

Location

Direction & Address
City: Delavan
School Information
Elementary School District: Delavan-DarienJr High / Middle School: PhoenixJr High / Middle School District: Delavan-DarienHigh School: Delavan-DarienHigh School District: Delavan-Darien

HOA

Association for this Listing: Metro MLS

Lot Information

Lot Area: 0.31 acres

Listing Info

Special Conditions: Arms Length

Miscellaneous

BasementMls Number: 1925666Living Area Range: Not AvailableLiving Area Range Units: Square FeetMunicipality: Delavan
Last check for updates: about 2 hours ago
Listed by Suanne Riley, (262) 909-2771
Riley Real Estate Group
Bought with: Metromls Non
Originating MLS: Metro MLS
Source: WIREX MLS, MLS#1925666

Price History for 124 South 5th STREET

DatePriceEventSource
08/22/2025$317,000Sold
WIREX MLS #1925666
07/21/2025$324,900ContingentWIREX MLS #1925666
07/09/2025$324,900Listed For SaleWIREX MLS #1925666

Market trends in Delavan

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
79
4MoM
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Property Tax and Assessment

Year2024
Tax$3,062
Assessment$207,500
Home facts updated by county records

Comparable Sales for 124 South 5th STREET

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
315 S Eighth STREET #315 1/2, Delavan, WI
0.39
Multi-Family Home
$285,000
07/08/26
4
2
1,644
310 East Washington STREET, Delavan, WI
0.12
Multi-Family Home
$260,000
12/15/25
5
2
1,960
213 North Third STREET, Delavan, WI
0.26
Multi-Family Home
$327,500
08/12/25
6
3.5
-
516 East Walworth AVENUE, Delavan, WI
0.09
Multi-Family Home
$275,000
01/16/26
-
-
208 South Main STREET, Delavan, WI
0.32
Multi-Family Home
$335,100
09/05/25
-
-
404 South Main STREET, Delavan, WI
0.40
Multi-Family Home
$315,000
02/02/26
-
-
220 West Walworth AVENUE, Delavan, WI
0.63
Multi-Family Home
$439,900
01/06/26
-
-
204 East Beloit STREET, Darien, WI
3.79
Multi-Family Home
$239,000
10/01/25
-
-
213 North church STREET, Elkhorn, WI
5.78
Multi-Family Home
$228,000
02/11/26
3
2
-

Nearby homes

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Assigned Schools

These are the assigned schools for 124 South 5th STREET.
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The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Delavan

At least 72 Trulia users voted on each feature.

  • 85 % Say car is needed

  • 85 % Say yards are well-kept

  • 84 % Say it's dog friendly

  • 83 % Say kids play outside

  • 81 % Say parking is easy

  • 75 % Say there are sidewalks

  • 73 % Say there's holiday spirit

  • 73 % Say people would walk alone at night

  • 70 % Say it's quiet

  • 60 % Say it's walkable to restaurants

  • 55 % Say there's wildlife

  • 53 % Say they plan to stay for at least 5 years

  • 51 % Say streets are well-lit

  • 50 % Say neighbors are friendly

  • 37 % Say it's walkable to grocery stores

  • 36 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Heather Meyer
    "Friendly, quiet feeling. Good neighbors , dog friendly , family friendly area close to restaurants and stores "
    0
    Flag
  • Jesus M.
    "Every event , make our community special . We always try to be safe and help each other in our community "
    2
    Flag
  • Ghammond002
    "It is pretty lengthy. Commuting back and forth to Chicago is worth it though. I just jump on 50 and it only takes an hour and 45 minutes!"
    2
    Flag
  • Alisha A. H.
    "There concerts in the park and movies in the summer every Friday night at the band shell. Festivals and celebrations all year round."
    2
    Flag
  • Dwain M.
    "It's a nice area minus most of the police who like to blast their sirens at 2 am. the area is pretty quiet"
    1
    Flag
  • Ssmithiscrazy
    "Sometimes there’s loose dogs out. And one bad owner of a husky. But that’s it. Good neighborhood. Quiet."
    2
    Flag
  • Andrea
    "This is great community with many family activities. The farm crawl is a great example of residential and farming community coming together "
    1
    Flag
  • Jesus
    "During summer we do a movie night at the park, and events for kids and family , and this community it’s safe "
    0
    Flag
  • Matt R.
    "Trees are abundant. Good schools. Friendly people good area to walk dogs. Affordable taxes. Great location and area still growing. "
    0
    Flag
  • Hannah T.
    "there are good schools and many parks, but not a lot of things to do for teens beyond that, which encourages small gang activity as kids age."
    0
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  • Mumper34
    "Good place to live and raise a family and lots of work in the area and safe to walk after dark. It's a friendly neighborhood and great neighbors and good shops downtown."
    0
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  • Sitneyhugo1022
    "It’s nice housing and nice neighbors all around, very happy community and easy to walk anywhere you’d need to go "
    0
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  • Faerie_bless
    "My husband and I (and 2 children) have lived in the Inlet Oaks Subdivision for 4 years. I had my reservations at first as Delavan always seems to carry a poor reputation. However, I have been suprised with just how much I enjoy this little neighborhood. We have friendly and quiet neighbors with many kids for my boys to play with. Respectful drivers, and low traffic. We are also able to take advantage of lake rights without the extra costs. Property taxes are low helping to make home ownership affordable. I think the elementary school is great, teachers have been nothing but caring and wonderful and so my children are doing quite well. The park and rec district offers tons of affordable activities year round for all ages as well. (seriously, TONS of stuff!) In the 4 years that we have been in the Inlet, we have not seen any crime at all. An ambulance one time for an elderly neighbor down the road but other than that it has been completly quiet. My family and I feel safe and comfortable in the Inlet."
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Apartments for Rent

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9 rentals with air conditioning in Delavan, WI

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7 rentals with a washer/dryer in Delavan, WI

Homes for sale near 124 South 5th STREET

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Off Market Homes Near 124 South 5th STREET

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Information is supplied by seller and other third parties and has not been verified. Copyright 2026 – WiREx – All Rights Reserved