Well-Maintained Triplex With Separate
111 N POLK STREET Merrill, WI 54452
For Sale
Under Contract
$189,900
MULTI_FAMILY - Merrill, WI
Days on Market35
Property Features for 111 N POLK STREET
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Rooms
Bedroom 6, Bedroom 5, Bedroom 4, Bedroom 1, Bathroom 3, Basement, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2
Standard status
Active Under Contract
Taxes and HOA fees
Tax Year
2025
Building Details
Year built
1900
Floors in Building
2
Number of units
3
Listing Agency:
JONES REAL ESTATE GROUP
(800) 746-9464
Listed By:
RISE REAL ESTATE TEAM · License #59470
(715) 680-0019
Added: Jun 26
Changed: Jul 8
Last Checked: Jul 30 at 5:06AM
MLS# 22602947
Copyright © 2026 Central Wisconsin MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained triplex is arranged as three separate units, consisting of one 1-bedroom, 1-bath unit, one 3-bedroom, 1-bath unit, and one 2-bedroom, 1-bath unit. The property includes a remodeled upper unit, and the 2-bedroom unit is currently vacant, offering flexibility to either occupy or set a new rental rate. Additional updates include a newer roof installed a few years ago.
Located at 111 Polk Street in Merrill, WI 54452, the property is a residential income option within Lincoln County. Each unit has separate utilities, which can simplify day-to-day management and help keep expenses more contained by unit.
For investors or owner-occupants, the combination of two income-producing units and one remodeled vacant unit provides existing rental revenue while still allowing control over the third unit’s next use. The separate-unit configuration can also support a straightforward leasing and turnover process, since utilities are managed independently for each residence.
Located at 111 Polk Street in Merrill, WI 54452, the property is a residential income option within Lincoln County. Each unit has separate utilities, which can simplify day-to-day management and help keep expenses more contained by unit.
For investors or owner-occupants, the combination of two income-producing units and one remodeled vacant unit provides existing rental revenue while still allowing control over the third unit’s next use. The separate-unit configuration can also support a straightforward leasing and turnover process, since utilities are managed independently for each residence.
Key Highlights
- Triplex in the City of Merrill with three separate units: 1 bed/1 bath, 3 bed/1 bath, and 2 bed/1 bath
- 1‑bedroom unit currently rented for $500/month and the 3‑bedroom unit currently rented for $1,000/month
- 2‑bedroom unit is vacant and freshly remodeled for immediate occupancy or new rental rate setting
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit triplex with separate utilities, two income-producing units, and a remodeled vacant 2-bedroom ready for occupancy or re-renting.
Where is this triplex located?
The property is located at 111 N POLK STREET Merrill, WI.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Triplex in the City of Merrill with three separate units: 1 bed/1 bath, 3 bed/1 bath, and 2 bed/1 bath; 1‑bedroom unit currently rented for $500/month and the 3‑bedroom unit currently rented for $1,000/month; 2‑bedroom unit is vacant and freshly remodeled for immediate occupancy or new rental rate setting
