531 E Milwaukee Avenue, Fort Atkinson, WI 53538 | MLS #2026565 | First Weber   
 
Listing provided courtesy of Best Realty of Edgerton- MLS# 2026565MLS Provider

531 E Milwaukee AvenueFort Atkinson, WI 53538

Single Family · 4 Beds · 2 Full Baths · 1 Half Bath · 2,329 Sq. ft. | 0.25 Acres
$569,000 Active

531 E Milwaukee Avenue Overview

Time on Site:
5 days
Visits:
5

Enjoy riverfront living with direct access to the Rock River and just minutes to Lake Koshkonong in this Sears Catalog Craftsman home. Currently operating as a successful short-term rental, 153 five star reviews, 8.88% Cap rate, this property offers a rare opportunity as a turnkey vacation home, income-producing investment, or private waterfront retreat. Located on a quiet no-wake section of the river and close to Fort Atkinson amenities, the home features 4 bedrooms and 2.5 baths with multiple indoor and outdoor spaces designed for entertaining. A 2.5-car garage provides ample space for extra amenities, vehicles, storage, waterfront toys and more! Enjoy peaceful water views, fishing from the private pier, kayaking, paddleboarding, boating, and evenings around the fire pit. Above the garage, the Eagle's Nest Lodge adds 625 sq ft of bonus space featuring a bar area, jukebox, and balcony overlooking the river—perfect for gathering and making memories.

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531 E Milwaukee Avenue Facts & Features

  • Type Single Family
  • Sq. ft. 2,329
  • Price/Sq.ft. $244
  • Lot 0.25 Acres

Details

General

School Information

  • Elementary School: Purdy
  • Middle Or Junior School: Fort Atkinson
  • High School: Fort Atkinson

Building Information

  • Fuel: Natural gas
  • Year Built: 1935

Location/Region

  • County Or Parish: Jefferson
  • Location: FORT ATKINSON - C
  • Postal City: Fort Atkinson

Tax Information

  • Tax Annual Amount: $6,373.00
  • Tax Assessed Value: $326,100.00
  • Tax Year: 2025

General Information

  • Farm: No
  • Inclusions: All items/furnishings used for VRBO/Airbnb (see inclusions list in Associated Docs).
  • Parcel Number: 226-0514-0324-003
  • Property Type: Single Family
  • Type: 1 1/2 story
  • Zoning: Res

Interior

Building Information

  • Heating/Cooling: Forced air, Central air

Parking Information

  • Garage: 2 car, Attached, Heated
  • Garage Spaces: 2

Beds/Baths

  • 1/2 Baths Main: 1
  • 1/2 Baths Upper: 0
  • Full Baths Upper: 1
  • Full Baths Lower: 1
  • Full Baths Main: 0
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 2.5
  • Bedrooms Total: 4
  • Bedroom 2 Level: U
  • Bedroom 2 Dimension: 18x15
  • Bedroom 3 Level: U
  • Bedroom 3 Dimension: 13x10
  • Bedroom 4 Dimension: 13x10
  • Bedroom 4 Level: U
  • Above Grade Bedroom Count: 3
  • Primary Bed Bath: Full, Walk through, Walk-in Shower
  • Primary Bed Dimension: 18x12
  • Primary Bedroom Level: L

Building Interior

  • Above Grade Finished Area: 2064
  • Below Grade Finished Area: 265

General Information

  • Basement: Full, Partially finished, Sump pump
  • Fireplace Features: 1 fireplace, Gas
  • Interior Features: Washer, Dryer, At Least 1 tub, All Window Coverings
  • Living Area: 2329

Room Information

  • Dining Room Dimension: 14x11
  • Dining Room Level: M
  • Kitchen Dimension: 11x10
  • Kitchen Features: Pantry, Range/Oven, Refrigerator, Dishwasher, Microwave
  • Kitchen Level: M
  • Living/Great Dimension: 13x20
  • Living/Great Room Level: M
  • Other Room: Bonus Room
  • Other Room Dimension: 25x25
  • Other Room Level: U

Exterior

Lot Information

  • Lot Size Acres: 0.25
  • Lot Size Source: Assessor

Waterfront/View

  • Feet of Water Frontage: 50
  • Water Body Name: Rock
  • Waterfront Features: Has actual water frontage, River, Dock/Pier
  • Waterfront: Yes

Building Exterior/Construction

  • Architectural Style: Prairie/Craftsman
  • Construction Materials: Vinyl

General Information

  • Driveway: Paved
  • Exterior Features: Deck
  • Sewer: Municipal water, Municipal sewer

531 E Milwaukee Avenue Neighborhood

Community

53538 (Fort Atkinson) Demographics

44
Median Age
172
Population Density (per sq. mile)
35%
College Educated
$66,990
Estimated Median Income
5,314
Estimated Total Home Owners
2,126
Estimated Total Renters
71% / 29%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

531 E Milwaukee Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

531 E Milwaukee Avenue Market Data

Based on the last 30 days in this zip code

$450,695
Average List Price
$164
Average Price per Square Foot
27
Properties Sold
72
Average Days on Market
68
Properties for Sale
Calculations provided by Reliance Network

531 E Milwaukee Avenue History

Date Event Value Agent
6/24/2026Source: South Central Wisconsin MLS Added to Database
June 24, 2026
3/11/2026Source: Metro MLS Status Change
Closed
7/28/2025Source: Metro MLS Added to Database
December 10, 2022
7/28/2025Source: South Central Wisconsin MLS Added to Database
March 31, 2022