Residential Income Triplex
127 S 2ND Street Barron, WI 54812
For Sale
Under Contract
$257,000
MULTI_FAMILY - Barron, WI
Property Size2,068 SF
Price / SF$124.27
Days on Market115
Property Features for 127 S 2ND Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Parking features
Open, Driveway
Patio and Porch features
Deck
Interior features
CeilingFans
Fireplace
1
Appliances
Dryer, ElectricWaterHeater, Microwave, Oven, Range, Refrigerator, Washer
Standard status
Active Under Contract
APN
206-1313-56-000
Size
2,068 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
SEC 28/T34N/R12W NW 1/4 OF SE 1/4 PLATS 4-3 & 5 & 8-2 S. 10 FT LOT 4 EX W 53' 3" THRF & ALL LOTS 5 & N 3FT LOT 8 ALL IN BLK 4 ORIG PLAT
Tax Annual Amount
3255
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Window Unit(s)
Water source
Public
Building Details
Number of units
3
Building materials
Steel
Listing Agency:
Team Realty
(715) 234-1991
Listed By:
Michael Anderson · License #76367-94
(715) 234-1991
Added: Apr 6
Changed: Jul 28
Last Checked: Jul 29 at 6:06PM
MLS# 1599937
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 property is a meticulously maintained residential income triplex configuration currently arranged as a 2-bedroom, 1-bath home with two efficiency apartments on the upper level. It offers an adaptable layout that can be converted back into a spacious 4-bedroom, 3-bath single-family home, depending on how an owner chooses to use the space. A detached 2-car garage and a generously sized, well-kept yard support everyday living and outdoor use, while a home warranty is included for added peace of mind.
Located at 127 S 2nd Street in Barron, Wisconsin, the property is served by City of Barron utilities. The combination of a residential yard and detached parking makes it well-suited to owner-occupants and tenants seeking a straightforward, self-contained living arrangement.
For buyers, the current setup provides income-producing flexibility through the two efficiency apartments while maintaining a comfortable primary home configuration. For owner-users who expect their household needs to change, the ability to reconfigure to a 4-bedroom, 3-bath single-family layout can help support long-term occupancy plans. Overall, this is a well cared-for property designed to accommodate different residential and income strategies.
Located at 127 S 2nd Street in Barron, Wisconsin, the property is served by City of Barron utilities. The combination of a residential yard and detached parking makes it well-suited to owner-occupants and tenants seeking a straightforward, self-contained living arrangement.
For buyers, the current setup provides income-producing flexibility through the two efficiency apartments while maintaining a comfortable primary home configuration. For owner-users who expect their household needs to change, the ability to reconfigure to a 4-bedroom, 3-bath single-family layout can help support long-term occupancy plans. Overall, this is a well cared-for property designed to accommodate different residential and income strategies.
Key Highlights
- Currently configured as a 2‑bedroom, 1‑bath home plus two efficiency apartments on the upper level
- Layout can be converted back to a 4‑bedroom, 3‑bath single‑family home for added flexibility
- 2‑car detached garage plus driveway and open parking
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.9k | $6.72 |
| − Vacancy | −$834 | −$0.40 |
| EGI | $13.1k | $6.32 |
| − OpEx | −$3.9k | −$1.90 |
| NOI | $9.1k | $4.42 |
2,068 SF · lease $6.72/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$130.6K
$114.3K – $152.4K
NOI $9,144 @ 7.0% cap · market cap 3.56%
Second Best
Apartment 5plus
$122.9K
$107.5K – $143.4K
NOI $8,603 @ 7.0% cap · market cap 3.35%
Theoretical Best
Warehouse
$1.66M
$1.45M – $1.94M
NOI $116,311 @ 7.0% cap · market cap 45.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Versatile Barron property with a 2-bedroom home setup plus two efficiency apartments and conversion flexibility.
Where is this triplex located?
The property is located at 127 S 2ND Street Barron, WI.
What is the asking price?
The asking price for this property is $257,000.
What are key features of this property?
This property features: Currently configured as a 2‑bedroom, 1‑bath home plus two efficiency apartments on the upper level; Layout can be converted back to a 4‑bedroom, 3‑bath single‑family home for added flexibility; 2‑car detached garage plus driveway and open parking
