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Triplex with Separate Single Homes

1787 108th Street Balsam Lake, WI 54810

New
1787 108th Street, Balsam Lake, WI, 54810
$449,900
For Sale
$449,900

MULTI_FAMILY - Balsam Lake, WI

Property Size2,016 SF
Lot Size3.04 Acres
Price / SF$223.16
Days on Market1

Property Features for 1787 108th Street

General Information

Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
6
Bathrooms
3
Rooms
Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 6, Bathroom 2, Bedroom 5, Bedroom 2, Bathroom 3
Parking features
Other, Covered
Exterior features
Stucco
Standard status
Active
APN
004001250001
Size
2,016 SF
Lot size
3.04 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2623

Utilities

Sewer type
Private Sewer, Holding Tank
Heating system
Baseboard, Ductless (Heating)
Water source
Private, Well

Building Details

Year built
2000
Building materials
Concrete, Frame
Roof type
Shingle
Listing Agency EXP Realty, LLC
8383 Greenway Blvd Ste 600, White Bear Lake, WI
Listed by Jackson Rohde
Added: Jul 17 Checked: Jul 17 at 11:06 pm
MLS# 7099596 Listing URL

Copyright © 2026 Northstar 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 for-sale triplex consists of three separate single-family homes on one parcel with no shared walls. Each home provides 2 bedrooms and 1 bathroom, with approximately 672 square feet of updated living space. Updates during current ownership include new flooring throughout, updated windows and doors (2026), and new washer and dryer in each unit. Additional improvements include a new well pump (2026) and a new water filtration system serving the homes.

Each unit is electric for simplified utility management. The property sits on approximately 3.04 acres, offering outdoor space within the parcel.

All three homes are income producing, with each unit renting for $1,350 per month plus $50 per month per pet.

Key Highlights

  • Three separate single‑family homes on one parcel with no shared walls
  • 3 acres with three units, each with 2 bedrooms and 1 bathroom (approx. 672 sq ft updated living space per unit)
  • Extensive updates during current ownership: new flooring, updated windows and doors (2026), and new washer/dryer in each unit

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Auto Parts Store Garden Center Big Box & Wholesale Store Storage Facility Real Estate Agency Auto Repair Shop Discount Store Bed & Breakfast Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three separate single-family homes on one parcel, each with 2 bedrooms, 1 bathroom, and electric heat.
Where is this triplex located?
The property is located at 1787 108th Street Balsam Lake, WI.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Three separate single‑family homes on one parcel with no shared walls; 3 acres with three units, each with 2 bedrooms and 1 bathroom (approx. 672 sq ft updated living space per unit); Extensive updates during current ownership: new flooring, updated windows and doors (2026), and new washer/dryer in each unit
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