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    Waterfront Triplex with Lake Access Title is generated by Realmo AI

    408 W Lake Street, Lake Mills, WI 53551

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    Claim this Listing
    New
    For Sale
    $490,000

    MULTI_FAMILY - Lake Mills, WI

    Lot size:
    1.00 Acre
    Added:
    Jun 12, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 14 at 11:06 am

    Property Features for 408 W Lake Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Res
    Bedrooms
    3
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 3, Bedroom 1
    Appliances
    3
    Standard status
    Active
    APN
    246-0713-1411-032
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5174

    Utilities

    Heating system
    Forced Air
    Water front features
    Waterfront, Lake
    Water front
    1

    Building Details

    Year built
    1890
    Floors in Building
    2
    Number of units
    3

    We can help!

    Listing Contact
    Laura Staude Flood
    Laura Staude Flood

    Listing agent Laura Staude Flood

    Listing office EXP Realty, LLC 8383 Greenway Blvd Ste 600, Middleton, WI

    Listing date Jun 12, 2026

    MLS# 2025197 Listing URL

    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.

    HighLights

    • Lake Mills waterfront property on 1 acre with lake and waterfront features
    • Located on the Mill Pond with direct access to Rock Lake
    • 3‑unit multifamily (tri‑plex) with a strong rental history
    • Vacant unit has been recently updated
    • Built in 1890 with forced‑air heating
    • 3 bedrooms and 3 bathrooms (Bedroom 1‑3, Bathroom 1‑3) listed

    Overview

    Situated at 408 W Lake Street, this waterfront triplex offers a 3-unit residential income setup on approximately 1 acre. The property is positioned on the Mill Pond and includes direct access to Rock Lake. One unit is currently vacant and has been recently updated, allowing for immediate occupancy.

    The home’s setting provides water views from the backyard, and it is located within a short distance of downtown Lake Mills and Bartels Beach, per the remarks. Zoning is listed as Res, supporting residential use.

    For buyers seeking a small, manageable income property, the existing triplex configuration provides on-site diversification across three units. The recently updated vacant unit can help reduce turnaround time for an owner-occupant or investor looking to establish or re-establish rental income. As described in the remarks, the property may also be of interest to those considering a renovation path to reconfigure the home as a single-family waterfront residence.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Mills
    County
    Jefferson
    State
    Wisconsin
    Longitude
    -88.916571
    Latitude
    43.07969

    FAQs

    What type of property is this?
    Triplex - Three-unit multifamily property with Mill Pond waterfront and direct access to Rock Lake.
    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 $490,000.
    What are key features of this property?
    This property features: Lake Mills waterfront property on 1 acre with lake and waterfront features; Located on the Mill Pond with direct access to Rock Lake; 3‑unit multifamily (tri‑plex) with a strong rental history
    More about this property
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