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    Balsam Lake, WI Multifamily Properties for Sale

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    Centuria, WI Milltown, WI Dresser, WI Saint Croix Falls, WI Luck, WI Amery, WI Turtle Lake, WI Taylors Falls, MN
    Triplex with Separate Single Homes
    Updated: Jul 17
    Triplex with Separate Single Homes

    1787 108th Street, Balsam Lake, WI 54810

    $449,900
    2,016 sqft 3.04 AC lot
    Three separate single‑family homes on one parcel with no shared walls
    3 acres with three units, each with 2 bedrooms and 1 bathroom (approx. 672 sq ft updated living space per unit)
    Extensive updates during current ownership: new flooring, updated windows and doors (2026), and new washer/dryer in each unit
    New well pump (2026) plus a new water filtration system serving the homes
    Each unit is electric; private well, private sewer, and holding tank
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Balsam Lake, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Income Property
    Mixed-Use Income Property

    503 Wisconsin Avenue S, Frederic, WI 54837

    $315,000
    3,600 sqft 0.45 AC lot

    Fully leased property combines office space with two residential apartments on a half-acre lot along State Road 35.

    View details
    Mixed-Use Office and Apartments
    Mixed-Use Office and Apartments

    503 Wisconsin Ave S, Frederic, WI 54837

    $315,000
    3,600 sqft 0.50 AC lot

    Fully leased property combines an office suite with two apartments for diversified income and flexible operating uses.

    View details
    Residential Income Triplex Home
    Residential Income Triplex Home

    127 S 2ND Street, Barron, WI 54812

    $257,000
    2,068 sqft

    Versatile Barron property with a 2-bedroom home setup plus two efficiency apartments and conversion flexibility.

    View details
    Newer 8-Plex Apartment Building
    Newer 8-Plex Apartment Building

    526 Jean-Marie Street, Barron, WI 54812

    $1,500,000
    6,664 sqft 0.80 AC lot

    Two-year-old 8-plex with modern amenities and efficient systems.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Development Land Parcel
    Commercial Development Land Parcel

    101 Morris Avenue, Hinckley, MN 55037

    $799,000
    9.20 AC lot

    Approximately 9.2-acre commercial land parcel near highway access in Hinckley, Minnesota.

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    Aitkin Lots & Land
    Aitkin Lots & Land

    L 3&4 B3 London Town, Aitkin, MN 56431

    Contact for pricing
    0.14 AC lot

    Double lot in Sherwood Forest with shared amenities.

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    Buildable Residential Lot with Pines
    Buildable Residential Lot with Pines

    Bollig Court lot: 2, Nekoosa, WI 54457

    $35,000
    2.45 AC lot

    A wooded 2.45-acre lot with electric and fiber available at the lot line, suited for a home or cabin.

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    Land for Multi-Family Housing
    Land for Multi-Family Housing

    1610 7th Avenue E, Alexandria, MN 56308

    $249,900
    2.16 AC lot

    2.16 acre lot zoned for multi-family housing development.

    View details

    Balsam Lake, WI Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Balsam Lake, WI on our real estate platform. These investment opportunities span a total of 2,016 square feet of properties for sale, with an estimated market value of $449,900.

    Sale prices for multifamily properties in Balsam Lake, WI average $449,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 1

    Demographics Overview

    Population 2,911
    Population Growth (5Y) +30.6%
    Median Household Income $66,842
    College Educated 27.0%

    Taxes & Financing

    Tax Rate (average for all types) 1.12%
    Tax Rate vs County Average 0.61 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Polk County

    New Delisted

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