Three-Unit Residential Income
222 Margaret St Watertown, WI 53098
222 Margaret St, Watertown, WI, 53098
$509,900
For Sale
$509,900
MULTI_FAMILY - Watertown, WI
Lot Size0.27 Acres
Days on Market146
Property Features for 222 Margaret St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Standard status
- Active
- APN
- 29109153331028
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 5108
Building Details
- Year built
- 1888
Listing agency
Lannon Stone Realty LLC
(262) 333-4440
Listed by
Marisa Baeurle · License #8048794
(262) 470-7107
Added: Feb 27 Updated: Jul 9 at 3:06AM Checked: Jul 23 at 4:06AM
MLS# 1951849
Copyright © 2026 Metro 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 three-unit triplex offers three-bedroom, one-bath layouts in each unit. The property supports a variety of residential income strategies, including owner-occupancy with rental income from the remaining units. Updates are described across multiple units, including improvements in unit 222 such as a new tub/shower, light fixtures, some newer windows, and appliances. Unit 224 is described as having a completely remodeled bathroom, new flooring, new carpet, an updated kitchen with stainless steel appliances, a newer washer/dryer, some new windows, a new garage roof, updated exterior drainage and grading for the basement, new interior doors, a new front door, and new plumbing fixtures.
The property is located at 222 Margaret St in Watertown, Wisconsin, in Dodge County. Zoning is listed as Residential, and the lot size is provided as 0.27 acres.
For tenants, the consistent three-bedroom plan can simplify leasing and household fit. For buyers or operators, the mix of updates across the triplex can help reduce near-term interior refresh needs while maintaining separate unit utility. The asset is well-suited for an owner who wants to reside in one unit while marketing the other units for rental income.
The property is located at 222 Margaret St in Watertown, Wisconsin, in Dodge County. Zoning is listed as Residential, and the lot size is provided as 0.27 acres.
For tenants, the consistent three-bedroom plan can simplify leasing and household fit. For buyers or operators, the mix of updates across the triplex can help reduce near-term interior refresh needs while maintaining separate unit utility. The asset is well-suited for an owner who wants to reside in one unit while marketing the other units for rental income.
Key Highlights
- Triplex built in 1888, offering income‑producing potential with 3 bedrooms and 1 bath in each unit.
- Unit 222 updates include a new tub/shower, new light fixtures, some newer windows, and included appliances.
- Unit 224 includes a completely remodeled bathroom, updated kitchen with new SS appliances, new flooring and carpet, and newer washer/dryer.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - A three-unit triplex with 3-bedroom layouts, offering updated finishes and strong flexibility for owner-occupancy or leasing.
Where is this triplex located?
The property is located at 222 Margaret St Watertown, WI.
What is the asking price?
The asking price for this property is $509,900.
What are key features of this property?
This property features: Triplex built in 1888, offering income‑producing potential with 3 bedrooms and 1 bath in each unit.; Unit 222 updates include a new tub/shower, new light fixtures, some newer windows, and included appliances.; Unit 224 includes a completely remodeled bathroom, updated kitchen with new SS appliances, new flooring and carpet, and newer washer/dryer.
