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100 Thomas Place, Arena, front photo
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Active · MLS # 2032846 · Updated Oct 2, 2026

$489,900

100 Thomas Place, Arena, WI 53503
0.3acres
1997built

About this home

Gain double the equity with half the costs! This duplex offers a great opportunity to owner-occupy while building your investment property portfolio. The vacant side has been fully renovated and is ready to move into, with all new flooring, a completely new kitchen including cabinets, countertops and appliances, fresh paint throughout, new central air, updated light fixtures, new window coverings and more.

Both sides have benefited from major updates, including roofs and furnaces replaced in 2017 and new water heaters in 2026. The occupied side offers a similar layout and is in good overall condition, but retains its original cabinetry and light fixtures, giving a future owner the opportunity to update over time and potentially add additional value.

Live in the renovated side while your tenant helps offset the mortgage, or add the property to your investment portfolio with one unit already occupied and the other ready for a new tenant.

Virtual tour

Details

Property typeMulti Family
CountyIowa
School districtRiver Valley
Garage2 car
Taxes$6,102 (2025)
Days on market10
Listed by Great Rock Realty LLC · 608-492-2272 · kschulz@KeithandKinsey.comListing data provided by Lori Droessler Real Estate, Inc. from South Central Wisconsin MLS.

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