222 Margaret St, Watertown, WI 53098

Building Details

Year built

1888

Listing agent Marisa Baeurle License #80487-94 Show Phone

Listing office Lannon Stone Realty LLC b***@lannonstonerealty.com 1256 Capitol Dr, Bonita Springs, WI Show Phone

Listing date Feb 27, 2026

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MLS# 1951849 Listing URL

Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This three-unit triplex offers three-bedroom, one-bath layouts in each unit. The property supports a variety of residential income strategies, including owner-occupancy with rental income from the remaining units. Updates are described across multiple units, including improvements in unit 222 such as a new tub/shower, light fixtures, some newer windows, and appliances. Unit 224 is described as having a completely remodeled bathroom, new flooring, new carpet, an updated kitchen with stainless steel appliances, a newer washer/dryer, some new windows, a new garage roof, updated exterior drainage and grading for the basement, new interior doors, a new front door, and new plumbing fixtures.

The property is located at 222 Margaret St in Watertown, Wisconsin, in Dodge County. Zoning is listed as Residential, and the lot size is provided as 0.27 acres.

For tenants, the consistent three-bedroom plan can simplify leasing and household fit. For buyers or operators, the mix of updates across the triplex can help reduce near-term interior refresh needs while maintaining separate unit utility. The asset is well-suited for an owner who wants to reside in one unit while marketing the other units for rental income.

Suggested Use

Dental Office Real Estate Agency Law Firm Parking Lot & Garage Electrical Service Auto Parts Store Skin Care Clinic Building Supply (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

Location Insight

• Map
• Local Demand

City

Watertown

County

Dodge

State

Wisconsin

Longitude

-88.728385

Latitude

43.202025

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FAQs

What type of property is this?

Triplex - A three-unit triplex with 3-bedroom layouts, offering updated finishes and strong flexibility for owner-occupancy or leasing.

Where is this triplex located?

The property is located at 222 Margaret St Watertown, WI.

What is the asking price?

The asking price for this property is $509,900.

What are key features of this property?

This property features: Triplex built in 1888, offering income‑producing potential with 3 bedrooms and 1 bath in each unit.; Unit 222 updates include a new tub/shower, new light fixtures, some newer windows, and included appliances.; Unit 224 includes a completely remodeled bathroom, updated kitchen with new SS appliances, new flooring and carpet, and newer washer/dryer.