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Triplex with Adjacent Lot
New
For Sale
$219,000

730 E La Salle Avenue, Barron, WI 54812

ResidentialIncome, Barron, WI

Property Size2,490 SF
Lot Size0.20 Acres
Price / SF$87.95
Days on Market6

Property Features for 730 E La Salle Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description Residential-Multifamily
Rooms Basement
Appliances ElectricWaterHeater, Freezer, Refrigerator
Elementary school district Barron Area
Middle school district Barron Area
High school district Barron Area
Directions From Us 53 take exit 135 onto Us-8 toward Barron, Turn left onto Us-8 W, Turn left onto E la Salle ave, in .7 miles destination is on your left, sign on property
Standard status Active
APN 206100103000
Size 2,490 SF
Lot size 0.20 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 2 ASSESSOR'S PLAT NO 1 CITY OF BARRON
Tax Annual Amount 2859
Legal Description LOT 2 ASSESSOR'S PLAT NO 1 CITY OF BARRON

Utilities

Sewer type Public Sewer
Heating system Baseboard, Radiant
Water source Public

Building Details

Year built 1900
Number of units 3
Building materials VinylSiding
Listing Agency: Coldwell Banker Realty~Spooner · GMAC Real Estate
Listed By: Justin Fowler · License #98861-94
Added: Oct 20 Changed: Oct 24 Last Checked: Oct 25 at 10:06PM
MLS# 1606142

Copyright © 2026 REALTORS® Association of Northwestern 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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Investment Insights

Based on property information with market context.

This 2,490-square-foot triplex contains three units, with two currently rented and one vacant. Apartment 2 has received fresh paint and new appliances, including a stove and refrigerator. A boiler was installed in 2022, and the water heater dates to 2019. The property has vinyl siding, baseboard and radiant heat, public water and sewer, and a basement. Built in 1900, the building is being offered in as-is condition.

The 0.2-acre property includes an additional 0.08-acre lot next door. The adjacent parcel provides additional land alongside the triplex.

Key Highlights

  • Three‑unit property with two occupied units and one vacant unit
  • 2,490 square feet on a 0.2‑acre lot, plus an adjacent 0.08‑acre parcel
  • Boiler installed in 2022; water heater installed in 2019

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 (±1% cap)
NOI $11,010 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$148.0K
$129.5K – $172.6K (±1% cap)
NOI $10,358 @ 7.0% cap · market cap 4.73%
Theoretical Best
Warehouse
$2.00M
$1.75M – $2.33M (±1% cap)
NOI $140,045 @ 7.0% cap · market cap 63.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

386
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Two apartments are occupied, while the third unit is vacant and available for a new occupant.
Where is this triplex located?
The property is located at 730 E La Salle Avenue 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: Three‑unit property with two occupied units and one vacant unit; 2,490 square feet on a 0.2‑acre lot, plus an adjacent 0.08‑acre parcel; Boiler installed in 2022; water heater installed in 2019
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