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Updated Triplex with Owner-Occupant Potential
For Sale
$489,900

N132W18286 Rockfield Rd, Richfield, WI 53076

Richfield, WI

Property SizeContact for details
Lot Size1.43 Acres
Days on Market74

Property Features for N132W18286 Rockfield Rd

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RS3
Elementary school Rockfield
Middle school Kennedy
High school Germantown
Elementary school district Germantown
Middle school district Germantown
High school district Germantown
Standard status Active
APN GTNV 092997
Lot size 1.43 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4817

Building Details

Year built 1880
Listing Agency: Keller Williams Prestige · Keller Williams Realty
Listed By: Sara Dreyer · License #4817990
Added: Jun 20 Changed: Aug 19 Last Checked: Sep 1 at 7:06PM
MLS# 1968435

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.

Investment Insights

Based on property information with market context.

This three-unit multifamily property was built in 1880 and occupies 1.43 acres in a country-style setting. The lower residence includes three bedrooms, a primary bedroom suite, a large kitchen, and substantial closet space. Two upper apartments have recently become vacant, creating an owner-occupant opportunity. A detached garage, shed, extensive parking, large yard, firepit area, and clothesline are also included.

Updates completed within the last 8 years include renovated upper-level bathrooms, newer flooring, refreshed kitchens, electrical improvements, screen doors, and replacement water heaters. The lower unit is leased through 7/31/2027. The property is within walking distance of Rockfield Elementary and is zoned RS3; the source indicates RS3 zoning appears to allow a home business, subject to buyer verification.

Key Highlights

  • Triplex on 1.43 acres in Richfield, WI
  • Lower 3 BR unit includes a primary bedroom suite, large kitchen, and extensive closet space
  • Two upper units recently vacated and available for owner occupancy

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Building Supply Storage Facility Daycare Center Gym & Fitness Center Wine and Liquor Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby

Demographics for 53076, WI

3,760
Population
1,268
Households
3
Avg Household Size
46
Median Age
47%
College-Educated
99%
High-School Grad
22.4 sq mi
ZIP Area
168
Density / Sq Mi
$115,053
Median Household Income
$60,972
Median Earnings
$1,257
Median Rent
$450,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Income-producing multifamily property with a leased lower unit, two available upper residences, and a detached garage on a large parcel.
Where is this triplex located?
The property is located at N132W18286 Rockfield Rd Richfield, WI.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: Triplex on 1.43 acres in Richfield, WI; Lower 3 BR unit includes a primary bedroom suite, large kitchen, and extensive closet space; Two upper units recently vacated and available for owner occupancy
More about this property
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