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Three-Unit Rental Property
For Sale
Under Contract
$279,000

W15699 State Highway 121, Northfield, WI 54635

ResidentialIncome, Northfield, WI

Property Size5,000 SF
Lot Size1.25 Acres
Price / SF$55.80
Days on Market141

Property Features for W15699 State Highway 121

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description Commercial
Rooms Basement
Parking features Driveway, Open
Patio and Porch features Porch, Deck
Interior features CeilingFans
Accessibility Accessible Approach with Ramp
Appliances Dryer, ElectricWaterHeater, Microwave, Oven, Range, Refrigerator, Washer
Elementary school district Whitehall
Middle school district Whitehall
High school district Whitehall
Directions From Eau Claire Take I-94 Southeast for approximately 30 miles to Northfield, go west for 2 blocks to property on the Left.
Standard status Active Under Contract
APN 04003440080
Size 5,000 SF
Lot size 1.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PRT OF SE NW, PRT OF SW NW, PART OF THE NW SW DESC AS : COM AT THE NE COR OF NWSW, TH W ALONG N LINE OF 40 TO THE SE ROW OF HWY 121, THS43D50' E 50',
Tax Annual Amount 2285
Legal Description PRT OF SE NW, PRT OF SW NW, PART OF THE NW SW DESC AS : COM AT THE NE COR OF NWSW, TH W ALONG N LINE OF 40 TO THE SE ROW OF HWY 121, THS43D50' E 50',

Utilities

Sewer type Mound Septic
Heating system Forced Air
Cooling system Central Air, Window Unit(s)
Water source Public

Building Details

Year built 1900
Number of units 3
Building materials VinylSiding
Listing Agency: Badger State Realty
Listed By: Jim Franks · License #58289-90
Added: May 19 Changed: Oct 6 Last Checked: Oct 6 at 10:06PM
MLS# 1601482

Copyright © 2026 REALTORS® Association of Northwestern Wisconsin. 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 approximately 5,000-square-foot triplex combines a daycare area with two residential apartments. The main level includes the daycare and a one-bedroom apartment, while the upper floor contains a two-bedroom apartment. The building has vinyl siding, a steel and shingle roof, aluminum soffits, newer furnaces and water heaters, and apartment appliances. Accessibility features include a ramped approach, and the property also offers a porch, deck, open parking, and a detached two-car garage.

Set on 1.25 acres along State Highway 121 in Northfield, the property is near gas, convenience retail, and food and beverage services. Public water serves the building, with mound septic onsite. Tenants pay their own utilities, and the apartments include washer, dryer, range, oven, refrigerator, and microwave appliances.

Key Highlights

  • Approximately 5,000 square feet configured as a 3‑unit rental
  • 1.25‑acre property along State Highway 121
  • Daycare area plus 1‑bedroom and 2‑bedroom apartments

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Grocery & Convenience Store Garden Center Auto Repair Shop Travel Agency Discount Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby

Demographics for 54635, WI

1,792
Population
907
Households
2
Avg Household Size
46
Median Age
18%
College-Educated
91%
High-School Grad
79.9 sq mi
ZIP Area
22
Density / Sq Mi
$73,250
Median Household Income
$41,731
Median Earnings
$705
Median Rent
$187,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Mixed-use building with daycare space, two apartments, and a detached garage on a spacious parcel.
Where is this triplex located?
The property is located at W15699 State Highway 121 Northfield, WI.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Approximately 5,000 square feet configured as a 3‑unit rental; 1.25‑acre property along State Highway 121; Daycare area plus 1‑bedroom and 2‑bedroom apartments
More about this property
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