Multifamily

Lake Mills, WI Multifamily Properties for Sale

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11 properties
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Two-Unit Duplex
Updated: Oct 21
Two-Unit Duplex

511 North Main Street, Lake Mills, WI 53551

$129,900
2,292 sqft 0.34 AC lot
Two apartments: one with 3 bedrooms and one with 1 bedroom
2,292 square feet of building area
0.34‑acre lot with room to add a garage
Built in 1900
Larger unit includes 1 1/2 baths and main‑floor laundry
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Two-Story Duplex
Updated: Oct 21
Two-Story Duplex

511 N Main Street, Lake Mills, WI 53551

$129,900
0.34 AC lot
Two‑unit duplex on a 0.34‑acre lot
Larger residence has 3 bedrooms, 1 1/2 baths, and main‑floor laundry
Smaller residence includes 1 bedroom and a full bath
R2 zoning
Built in 1900; radiant heat and driveway parking
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Victorian Duplex with Garage
Victorian Duplex with Garage

800 N Main Street, Lake Mills, WI 53551

$375,000
0.75 AC lot

R3 zoning supports multifamily use, with a detached garage and storage building on the parcel.

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See hot listings in Lake Mills

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Two-Story Duplex
Two-Story Duplex

511 N Main St #509, Lake Mills, WI 53551

$129,900
2,292 sqft

The two residences include a three-bedroom unit with main-floor laundry and a separate one-bedroom unit.

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Waterfront Triplex
Waterfront Triplex

408 W Lake Street, Lake Mills, WI 53551

$480,000
0.58 AC lot

Three residential units sit on a 0.58-acre parcel with waterfront access.

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Two-Story Duplex
Two-Story Duplex

509-511 N Main St, Lake Mills, WI 53551

$129,900
2,292 sqft

Two separate residences offer a three-bedroom layout and a one-bedroom unit.

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Waterfront Triplex
Waterfront Triplex

408 W Lake St, Lake Mills, WI 53551

$480,000
2,410 sqft

Three-unit multifamily property with an updated vacant unit and direct water access.

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Two-Unit Duplex
Two-Unit Duplex

511 N Main St, Lake Mills, WI 53551

$129,900
2,292 sqft

The property combines a three-bedroom residence with a separate one-bedroom unit, each with its own kitchen and living area.

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Historic Mixed-Use Property
Historic Mixed-Use Property

100 N Water, Lake Mills, WI 53551

$750,000
12,200 sqft

Multi-unit property with commercial and residential components.

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Victorian Duplex with Detached Garage
Victorian Duplex with Detached Garage

800 N Main St, Lake Mills, WI 53551

$375,000
0.75 AC lot

The 1890 residence occupies a three-quarter-acre parcel with R3 zoning.

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Townhome-Style Multifamily with Garages
Townhome-Style Multifamily with Garages

1324 South Main Street, Lake Mills, WI 53551

Contact for pricing
2.56 AC lot

Newly built 23-unit community with attached two-car garages and three-bedroom, two-and-one-half-bath townhome-style homes.

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11 active listings match your search: Multifamily for sale in Lake Mills, WI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Duplex with River Frontage
Duplex with River Frontage

N3269 County Road K -, Jefferson, WI 53549

$730,000
2,714 sqft

Duplex property with a separate cottage and an electric pole shed.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

404 S Main Street, Deerfield, WI 53531

$338,500
0.39 AC lot

The two residences are vacant, with separate laundry connections in the basement and off-street parking.

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Updated Duplex with Separate Laundry
Updated Duplex with Separate Laundry

404 S Main St, Deerfield, WI 53531

$338,500

Two vacant residences offer three- and four-bedroom layouts, each with one and a half baths.

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Four-Unit Quadplex Property
Four-Unit Quadplex Property

507-519 Bayfield Drive, Jefferson, WI 53549

Contact for pricing

Two adjacent duplexes offer practical layouts on a flat, residentially zoned lot.

View details

Lake Mills, WI Multifamily Properties Market Trends and Statistics

Explore 11 multifamily properties for sale in Lake Mills, WI, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 23,778 square feet of properties for sale, with an estimated market value of $3,109,500.

Sale prices for multifamily properties in Lake Mills, WI start at $129,900, averaging $310,950, and reaching up to $750,000 — 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

Duplexes 7
Apartment buildings 2
Triplexes 2

Demographics Overview

Population 9,485
Population Growth (5Y) +9.0%
Median Household Income $89,841
College Educated 60.3%

High-Yield Neighborhoods for Investment

Identify Lake Mills submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
53551 $311K

Taxes & Financing

Tax Rate (average for all types) 2.03%
Tax Rate vs County Average 0.16 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Jefferson County

New Delisted

Total CRE Inventory on Market (SF)

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