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One-Level Triplex with Acreage
For Sale
$249,900

N6720 Highway 12 & 16, New Lisbon, WI 53950

MULTI_FAMILY - New Lisbon, WI

Property SizeContact for details
Lot Size4.50 Acres
Days on Market27

Property Features for N6720 Highway 12 & 16

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RES
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 3
Parking features Parking Lot
Accessibility Accessible Approach with Ramp
Appliances 3
Elementary school New Lisbon
Middle school New Lisbon
High school New Lisbon
Elementary school district New Lisbon
Middle school district New Lisbon
High school district New Lisbon
Directions Hwy 12/16 North out of New Lisbon to property on East Side of Road
Subdivision FOUNTAIN - T
Standard status Active
APN 290100266
Lot size 4.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2188

Utilities

Heating system Radiant

Amenities

two small sheds
playground area

Building Details

Year built 1948
Number of units 3
Listing Agency: Coldwell Banker Belva Parr Realty · Coldwell Banker Real Estate
Listed By: Izzy Jackson · License #9259294
Added: Jul 15 Changed: Aug 5 Last Checked: Aug 10 at 7:06AM
MLS# 2026453

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.

Investment Insights

Based on property information with market context.

This one-level triplex was built in 1948 and includes three residential units with separate heat controls for each unit. Radiant heating, a recent roof replacement, and updates to some units are among the property improvements. The layout also includes an accessible approach with a ramp.

The property encompasses 4.5 acres at N6720 Highway 12 & 16 in New Lisbon, Wisconsin. RES zoning, a private well and septic system, and a parking lot support the existing residential use. Two small sheds and a playground area are also located on the site. All three units are currently rented.

Key Highlights

  • Triplex on 4.5 acres at N6720 Highway 12 & 16, New Lisbon, WI 53950
  • All units currently rented
  • Separate heat controls for each unit

Property Analytics

Current Use

Triplexes

Lease Details

3
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 53950, WI

5,608
Population
3,326
Households
1.7
Avg Household Size
46
Median Age
19%
College-Educated
91%
High-School Grad
97.1 sq mi
ZIP Area
58
Density / Sq Mi
$69,832
Median Household Income
$44,225
Median Earnings
$807
Median Rent
$165,900
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 - Fully rented triplex with separate heat controls, recent roof work, and on-site parking.
Where is this triplex located?
The property is located at N6720 Highway 12 & 16 New Lisbon, WI.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Triplex on 4.5 acres at N6720 Highway 12 & 16, New Lisbon, WI 53950; All units currently rented; Separate heat controls for each unit
More about this property
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