Triplex with Additional
3-730 E La Salle Ave, Barron, WI 54812
For Sale
$219,000
Two apartments are occupied, while the third is vacant.
Property Size2,490 SF
Price / SF$87.95
Days on Market17
Property Features for 3-730 E La Salle Ave
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Additional Details
Multifamily Units
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Tenancy
Listing Agency:
Coldwell Banker Realty Spooner
(715) 635-2000
Listed By:
Justin Fowler · License WI #9886194
(715) 418-5715
Source:
Exprealty
Added: Oct 24
Changed: Nov 8
Last Checked: Nov 8 at 9:06AM
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 Coldwell Banker Realty Spooner
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,490-square-foot triplex has a history of long-term rentals, with two units occupied and one vacant. Apartment 2 has received new paint and a stove and refrigerator. The property also includes a boiler installed in 2022, a water heater dating to 2019, and a concrete walkway.
An additional 0.08-acre lot sits next to the property. The triplex and lot are being sold in as-is condition.
An additional 0.08-acre lot sits next to the property. The triplex and lot are being sold in as-is condition.
Key Highlights
- 2,490‑square‑foot triplex with two occupied units and one vacant unit
- Additional 0.08‑acre lot next to the property
- Apartment 2 has new paint, a stove, and a refrigerator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,010
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$220,200
$220.2K
Cap Rate 7%
$157,286
$157.3K
Cap Rate 9%
$122,333
$122.3K
Market Conditions
NOI Build-Up for 2,490 SF
Gross rent
$16.7K $6.72/SF
− Vacancy
−$1.0K −$0.40/SF
EGI
$15.7K $6.32/SF
− OpEx
−$4.7K −$1.90/SF
NOI
$11.0K $4.42/SF
Area
Barron County, WI
Vacancy
6.00%
Lease Rate
$6.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$220,200
Cap Rate 7%
$157,286
Cap Rate 9%
$122,333
Alternative Uses
Best Use
Multifamily LT 5
$157.3K
$137.6K – $183.5K
NOI $11,010 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$148.0K
$129.5K – $172.6K
NOI $10,358 @ 7.0% cap · market cap 4.73%
Theoretical Best
Mixed Use
$490.9K
$429.5K – $572.7K
NOI $34,362 @ 7.0% cap · market cap 15.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
274
Businesses Nearby
Explore this area
Business Placement
Demographics for 54812, WI
5,845
Population
2,455
Households
2.4
Avg Household Size
41
Median Age
17%
College-Educated
85%
High-School Grad
90.2 sq mi
ZIP Area
65
Density / Sq Mi
$63,882
Median Household Income
$35,765
Median Earnings
$908
Median Rent
$163,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Two apartments are occupied, while the third is vacant.
Where is this triplex located?
The property is located at 3-730 E La Salle Ave Barron, WI.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: 2,490‑square‑foot triplex with two occupied units and one vacant unit; Additional 0.08‑acre lot next to the property; Apartment 2 has new paint, a stove, and a refrigerator
