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Conjoined Duplex-Style Multifamily

1324-1368 South Main Street Lake Mills, WI 53551

1324-1368 South Main Street, Lake Mills, WI, 53551
$7,500,000
For Sale
$7,500,000

23-unit multifamily portfolio with open-concept layouts and conjoined duplex-style buildings.

Property Size4,128 SF
Price / SF$1,816
Days on Market52

Property Features for 1324-1368 South Main Street

General Information

Standard status
Active
Size
4,128 SF
Property subtype
Multi Family / Duplex-side by side

Building Details

Year Built
2023
Listing agency Best Realty of Edgerton
Listed by Kyle Carrier · License #58216-90
Source Compass
Added: Jun 1 Updated: Jul 10 at 1:49PM Checked: Jul 22 at 8:08AM

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 Best Realty of Edgerton


Investment Insights

Based on property information with market context.

This 23-unit multifamily property is arranged across six conjoined duplex-style buildings, consisting of five four-unit buildings and one three-unit building. Unit interiors feature open-concept floor plans, a spacious primary bedroom suite with a walk-in closet and a walk-in shower, solid surface countertops, and low-maintenance luxury vinyl plank flooring. The residences are finished with quality materials throughout, designed to support straightforward, day-to-day rental operations.

The property is located less than 30 miles from Madison and under 60 miles from Milwaukee. It sits adjacent to the Glacial Drumlin State Trail and is described as being near schools, parks, a golf course, and downtown-area amenities, creating a lifestyle-driven tenant experience for both residents and commuters.

For investors and operators, this is a well-defined income-oriented asset with consistent unit programming across multiple conjoined duplex-style buildings. The combination of open-concept living areas, walk-in primary suite features, and durable flooring and surfaces can be attractive for tenant turn management and rentability in a commuter-friendly, amenity-accessible setting. Please refer to the associated documents for financial information and additional property details.

Key Highlights

  • 23 multifamily units across six buildings: five 4‑unit buildings and one 3‑unit building
  • Built in 2023 with conjoined duplex‑style residential design
  • Each unit includes open‑concept floor plans and a primary bedroom suite with walk‑in closet and walk‑in shower

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Restaurant Building Supply Auto Repair Shop Auto Parts Store Hair Salon Big Box & Wholesale Store Electrical Service Storage Facility Kitchen & Bath Showroom Garden Center

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

FAQs

What type of property is this?
Apartment building - 23-unit multifamily portfolio with open-concept layouts and conjoined duplex-style buildings.
Where is this apartment building located?
The property is located at 1324-1368 South Main Street Lake Mills, WI.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 23 multifamily units across six buildings: five 4‑unit buildings and one 3‑unit building; Built in 2023 with conjoined duplex‑style residential design; Each unit includes open‑concept floor plans and a primary bedroom suite with walk‑in closet and walk‑in shower
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