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    Lake Mills, WI
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    Lake Mills, WI Multifamily Properties for Sale

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    Jefferson, WI Cambridge, WI Johnson Creek, WI Watertown, WI Waterloo, WI Deerfield, WI Marshall, WI Fort Atkinson, WI
    6 properties
    Victorian Duplex with Detached Garage
    Updated: Aug 5
    Victorian Duplex with Detached Garage

    800 N Main Street, Lake Mills, WI 53551

    $375,000
    0.75 AC lot
    R3‑zoned duplex property on a 0.75‑acre lot
    Victorian‑style residence built in 1890
    Detached 28x40 garage/storage building
    Two‑family configuration with 5 bedrooms and 2 bathrooms
    Adjacent to commercially zoned property just off I‑94
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    Waterfront Triplex
    Updated: Jul 11
    Waterfront Triplex

    408 W Lake Street, Lake Mills, WI 53551

    $480,000
    0.58 AC lot
    Three‑unit multifamily property with one recently updated vacant unit
    0.58‑acre waterfront lot on the Mill Pond
    Direct access to Rock Lake
    Located a couple of blocks from downtown Lake Mills and Bartels Beach
    Residential Res zoning
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    Historic Mixed-Use Property
    Historic Mixed-Use Property

    100 North Water Street, Lake Mills, WI 53551

    $750,000

    Four commercial spaces and seven residential units create a diversified property configuration in Lake Mills.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    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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    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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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Lake Mills, WI, we suggest exploring several alternatives: 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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    2-Unit Duplex with Garage
    2-Unit Duplex with Garage

    270 N Monroe Street, Waterloo, WI 53594

    $289,990
    0.21 AC lot

    New residential income property with two living units, forced-air heating, and on-site garage parking.

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    Two-Unit Residential Duplex
    Two-Unit Residential Duplex

    270 N Monroe Street, Waterloo, WI 53594

    Contact for pricing

    The property is zoned Res and offers access to shopping, dining, employment, and major roadways.

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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.

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    Lake Mills, WI Multifamily Properties Market Trends and Statistics

    Explore 6 multifamily properties for sale in Lake Mills, WI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 14,610 square feet of properties for sale, with an estimated market value of $2,835,000.

    Sale prices for multifamily properties in Lake Mills, WI start at $375,000, averaging $567,000, 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

    Apartment buildings 3
    Triplexes 2
    Duplexes 1

    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 $1.9M

    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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