Income-Generating Duplex with Two
For Sale
$149,900
113 POLK STREET, Merrill, WI 54452
Multi-Family, Merrill, WI
Property SizeContact for details
Days on Market49
Property Features for 113 POLK STREET
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Basement
Directions
Polk St
Subdivision
Merrill
Standard status
Active
Taxes and HOA fees
Tax Year
2025
Building Details
Year built
1900
Floors in Building
2
Listing Agency:
JONES REAL ESTATE GROUP
(800) 746-9464
Listed By:
RISE REAL ESTATE TEAM · License #59470
(715) 680-0019
Added: Jul 13
Changed: Aug 19
Last Checked: Aug 30 at 1:06AM
MLS# 22603249
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 duplex offers two rental units with separate utilities. The property includes a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit, and both are currently rented. The upper unit has been remodeled with updated finishes.
Located in the City of Merrill, the property is near local shopping, dining, parks, and schools, supporting day-to-day convenience for residents.
With each unit handling its own utility costs, the duplex is structured to help manage operating expenses while maintaining a steady rental income stream.
Located in the City of Merrill, the property is near local shopping, dining, parks, and schools, supporting day-to-day convenience for residents.
With each unit handling its own utility costs, the duplex is structured to help manage operating expenses while maintaining a steady rental income stream.
Key Highlights
- 1900‑built duplex in the City of Merrill with two rental units
- 2‑bedroom, 1‑bath unit rented for $570/month
- 1‑bedroom, 1‑bath unit rented for $695/month
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
228
Businesses Nearby
Explore this area
Business Placement
Demographics for 54452, WI
18,851
Population
9,181
Households
2.1
Avg Household Size
46
Median Age
19%
College-Educated
93%
High-School Grad
438.0 sq mi
ZIP Area
43
Density / Sq Mi
$65,522
Median Household Income
$41,744
Median Earnings
$777
Median Rent
$162,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex featuring two separately metered units, each rented, including a remodeled upper 2-bedroom unit.
Where is this duplex located?
The property is located at 113 POLK STREET Merrill, WI.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 1900‑built duplex in the City of Merrill with two rental units; 2‑bedroom, 1‑bath unit rented for $570/month; 1‑bedroom, 1‑bath unit rented for $695/month
