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Triplex with Separate Homes
For Sale
$424,900

1787 108th Street, Balsam Lake, WI 54810

Residential Income, Balsam Lake, WI

Property Size2,016 SF
Lot Size3.04 Acres
Price / SF$210.76
Days on Market47

Property Features for 1787 108th Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description Business/Commercial, Residential-Multi-Family
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bedroom 2, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 1
Parking features Other, Covered
Exterior features Stucco
High school district Unity
Directions From HWY 8, Head north on 100th St., turn left on on 175th Ave., right on 108th St.(Cty Rd. I), property is on the left
Standard status Active
APN 004001250001
Size 2,016 SF
Lot size 3.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2623

Utilities

Sewer type Private Sewer, Holding Tank
Heating system Ductless (Heating), Baseboard
Water source Private, Well

Amenities

washer/dryer in each unit
water filtration system

Building Details

Year built 2000
Building materials Concrete, Frame
Roof type Shingle
Listing Agency: EXP Realty, LLC
Listed By: Jackson Rohde
Added: Jul 17 Changed: Aug 27 Last Checked: Sep 1 at 8:06AM
MLS# 7099596

Copyright © 2026 Northstar 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 triplex consists of three detached single-family residences situated on one parcel, with no shared walls between the homes. Each residence includes two bedrooms, one bathroom, and approximately 672 square feet of living area. The property totals 2,016 square feet across the three homes and was built in 2000. Improvements include new flooring, updated windows and doors completed in 2026, a new washer and dryer in each residence, and a new well pump installed in 2026.

The 3.04-acre property is served by a private well and private sewer with a holding tank. A new water filtration system serves the residences, and each home uses electric utilities. Exterior features include stucco, concrete and frame construction, shingle roofing, and covered parking. Located at 1787 108th Street in Balsam Lake, Wisconsin, the property offers a multi-residence configuration with separate homes rather than a shared-wall layout.

Key Highlights

  • Three detached homes on one 3.04‑acre parcel
  • Each residence has 2 bedrooms, 1 bathroom, and approximately 672 sq ft
  • Combined property size is 2,016 square feet

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Auto Parts Store Garden Center Big Box & Wholesale Store Storage Facility Real Estate Agency Auto Repair Shop

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

Demographics for 54810, WI

2,461
Population
2,175
Households
1.1
Avg Household Size
50
Median Age
22%
College-Educated
92%
High-School Grad
46.4 sq mi
ZIP Area
53
Density / Sq Mi
$66,842
Median Household Income
$41,696
Median Earnings
$1,047
Median Rent
$258,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - Three detached residences provide independent living spaces with updated interiors and private utility systems on a rural acreage parcel.
Where is this triplex located?
The property is located at 1787 108th Street Balsam Lake, WI.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: Three detached homes on one 3.04‑acre parcel; Each residence has 2 bedrooms, 1 bathroom, and approximately 672 sq ft; Combined property size is 2,016 square feet
More about this property
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