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    Lake Mills, WI
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    Lake Mills, WI Apartment Buildings for Sale

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    Jefferson, WI Cambridge, WI Fort Atkinson, WI Watertown, WI Deerfield, WI Waterloo, WI Marshall, WI Cottage Grove, WI
    Conjoined Duplex-Style Multifamily
    Updated: Jun 1
    Conjoined Duplex-Style Multifamily

    1324-1368 South Main Street, Lake Mills, WI 53551

    $7,500,000
    4,128 sqft
    23 multifamily units across six buildings: five 4‑unit buildings and one 3‑unit building
    Built in 2023 with conjoined duplex‑style residential design
    Each unit includes open‑concept floor plans and a primary bedroom suite with walk‑in closet and walk‑in shower
    Units feature solid surface countertops and low‑maintenance luxury vinyl plank flooring
    In‑unit appliance count included: 23 stoves, 23 microwaves, 23 dishwashers, 23 refrigerators, 23 washers, and 23 dryers
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    Townhome-Style Multifamily with Garages
    Updated: Jun 2
    Townhome-Style Multifamily with Garages

    1324 South Main Street, Lake Mills, WI 53551

    Contact for pricing
    2.56 AC lot
    Completed in 2023: 23‑unit townhome‑style multifamily community with 3BR and 2.5BA units
    21 of 23 units currently leased (91.3% occupied) with 2 available units
    Six residential buildings on approximately 2.56 acres
    Each unit includes an attached two‑car garage
    Financials: approx. $571,848 annual gross rental income and approx. $406,271 net operating income
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Lake Mills, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Stabilized 7-Unit Multifamily Property
    Stabilized 7-Unit Multifamily Property

    3712-3724 Lien Road, Madison, WI 53704

    $1,099,900
    3,800 sqft

    Stabilized 7-unit Madison property with basement laundry and a standout townhome-style unit, providing dependable in-place income.

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    7-Unit Apartment Building with New Roof
    7-Unit Apartment Building with New Roof

    3712-3724 Lien Road, Madison, WI 53704

    $1,099,900
    0.37 AC lot

    Madison multifamily property with radiant heat, off-street parking, and a mix of shared and private laundry facilities.

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    Mixed-Use Building with Storefronts
    Mixed-Use Building with Storefronts

    125 E Racine St, 127, Jefferson, WI 53549

    Contact for pricing
    3,775 sqft

    Two connected buildings include ground-floor storefront space with framed apartment units above.

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    Mixed-Use Building on Janesville Avenue
    Mixed-Use Building on Janesville Avenue

    212 Janesville Avenue, Fort Atkinson, WI 53538

    $225,000

    Mixed-use building with apartment and commercial space on Janesville.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Retail-Zoned Development Land Opportunity
    Retail-Zoned Development Land Opportunity

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2-acre site with retail zoning and conditional overlay, approved for 352 apartments and multiple residential lot configurations.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

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    Lake Mills, WI Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Lake Mills, WI on our real estate platform. These investment opportunities span a total of 4,128 square feet of properties for sale, with an estimated market value of $7,500,000.

    Sale prices for two-family homes in Lake Mills, WI average $7,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 9,485
    Population Growth (5Y) +9.0%
    Median Household Income $89,841
    College Educated 60.3%

    High-Yield Neighborhoods for Investment

    Identify Lake Mills submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    53551 $7.5M

    Taxes & Financing

    Tax Rate (average for all types) 2.03%
    Tax Rate vs County Average 0.16 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Jefferson County

    New Delisted

    Total CRE Inventory on Market (SF)

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