Waterfront
For Sale
Under Contract
$480,000
408 W Lake Street, Lake Mills, WI 53551
Multi Family, Lake Mills, WI
Property SizeContact for details
Lot Size0.58 Acres
Days on Market112
Property Features for 408 W Lake Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Res
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 2
Appliances
3
Elementary school
Lake Mills
Middle school
Lake Mills
High school
Lake Mills
Elementary school district
Lake Mills Area
Middle school district
Lake Mills Area
High school district
Lake Mills Area
Directions
I94 to Lake Mills, S on Hwy 89 (Main St), to right on West Lake St.
Subdivision
LAKE MILLS - C
Standard status
Active Under Contract
APN
246-0713-1411-032
Lot size
0.58 Acres
Additional Details
Currently Operating
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5174
Utilities
Heating system
Forced Air
Water front features
Lake, Waterfront
Water front
1
Building Details
Year built
1890
Floors in Building
2
Number of units
3
Listing Agency:
EXP Realty, LLC
(866) 848-6990
Listed By:
Laura Staude Flood
(920) 988-9767
Added: Jul 11
Changed: Oct 28
Last Checked: Oct 30 at 1:06AM
MLS# 2025197
Copyright © 2026 REALTORS® Association of South Central Wisconsin. 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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This waterfront triplex is configured as three residences on a 0.58-acre parcel. One unit is vacant and recently updated; the property was built in 1890 and is zoned Res.
The property is on Mill Pond, with direct access to Rock Lake. Downtown Lake Mills and Bartels Beach are a couple of blocks away.
The property is on Mill Pond, with direct access to Rock Lake. Downtown Lake Mills and Bartels Beach are a couple of blocks away.
Key Highlights
- Three‑unit multifamily configuration
- Waterfront parcel on Mill Pond with direct access to Rock Lake
- 0.58‑acre lot
Property Analytics
Who owns this building?
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
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Business Placement
Demographics for 53551, WI
8,920
Population
4,048
Households
2.2
Avg Household Size
41
Median Age
45%
College-Educated
96%
High-School Grad
39.6 sq mi
ZIP Area
225
Density / Sq Mi
$89,841
Median Household Income
$53,503
Median Earnings
$1,089
Median Rent
$322,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - A recently updated vacant unit complements the property’s three-residence configuration.
Where is this triplex located?
The property is located at 408 W Lake Street Lake Mills, WI.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Three‑unit multifamily configuration; Waterfront parcel on Mill Pond with direct access to Rock Lake; 0.58‑acre lot
