111 POLK STREET, Merrill, WI 54452

Building Details

Year built

1900

Floors in Building

2

Number of units

3

Listing agent RISE REAL ESTATE TEAM License #59470 Show Phone

Listing office JONES REAL ESTATE GROUP g***@jonesrealtyllc.com 325 Jefferson Street, Ste 150, Schofield, WI Show Phone

Listing date Jun 26, 2026

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MLS# 22602947 Listing URL

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.

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Overview

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.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Merrill

County

Lincoln

State

Wisconsin

Longitude

-89.699362

Latitude

45.180642

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FAQs

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 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