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Two-Unit Duplex with Remodeled Upper Unit
For Sale
$149,900

113 Polk Street, Merrill, WI 54452

Two separate-utility apartments include an updated upper residence and a mix of one- and two-bedroom layouts.

Property Size987 SF
Price / SF$151.87
Days on Market46

Property Features for 113 Polk Street

General Information

Standard status Active
Size 987 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Building Details

Year Built 1900
Tenancy Multi
Listing Agency: Norwisrealty.Com LLC
Listed By: Kelly Weiler
Source: Familytreerealtyllc
Added: Jul 15 Changed: Aug 28 Last Checked: Aug 29 at 8:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Norwisrealty.Com LLC

Investment Insights

Based on property information with market context.

This two-unit duplex in Merrill includes a 2-bedroom, 1-bath apartment and a 1-bedroom, 1-bath apartment. Both residences are currently rented, and each unit has separate utilities with tenants responsible for their own utility costs. The upper apartment has been remodeled with updated finishes.

Constructed in 1900, the property is located at 113 Polk Street in Merrill, Wisconsin. Shopping, dining, parks, and schools are identified nearby, providing access to everyday services and community amenities. The two-unit configuration and distinct utility arrangement support straightforward management for an owner-occupant or investor.

Key Highlights

  • Two apartments: 2‑bedroom, 1‑bath and 1‑bedroom, 1‑bath
  • Both units are currently rented
  • Separate utilities for each residence; tenants pay their own utility costs

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Auto Parts Store Hair Salon

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

2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

228
Businesses Nearby

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

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

What type of property is this?
Duplex - Two separate-utility apartments include an updated upper residence and a mix of one- and two-bedroom layouts.
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: Two apartments: 2‑bedroom, 1‑bath and 1‑bedroom, 1‑bath; Both units are currently rented; Separate utilities for each residence; tenants pay their own utility costs
More about this property
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