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Triplex on 4.5 Acres

N6720 Highway 12 & 16, New Lisbon, WI 53950

For Sale
$229,900

Multi Family, New Lisbon, WI

Property SizeContact for details
Lot Size4.50 Acres
Days on Market118

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 3, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Bathroom 1
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

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2188

Utilities

Heating system Radiant

Amenities

playground area

Building Details

Year built 1948
Number of units 3
Buildings 1
Listing Agency: Coldwell Banker Belva Parr Realty · Coldwell Banker Real Estate
Listed By: Izzy Jackson · License #9259294
Added: Jul 15 Changed: Nov 4 Last Checked: Nov 9 at 10:06AM
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.

Rey
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Investment Insights

Based on property information with market context.

This 1948 triplex has a one-level layout and sits on 4.5 acres. All three units are rented, with separate heat controls. The property also includes two small sheds and a playground area. A newer roof and some remodeled units are among the property’s updates.

Located at N6720 Highway 12 & 16 in New Lisbon, the property has well and septic service, a parking lot, and ramp access.

Key Highlights

  • Triplex on 4.5 acres
  • All three units currently rented
  • Single‑level building with separate heat controls

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

9
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
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 - The single-level layout includes separate heat controls, two sheds, and a playground area.
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 $229,900.
What are key features of this property?
This property features: Triplex on 4.5 acres; All three units currently rented; Single‑level building with separate heat controls
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