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

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    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
    Two‑family residence with five bedrooms and two bathrooms
    R3 zoning supports multifamily use and indicates capacity for up to six dwelling units
    0.75‑acre property at 800 N Main Street in Lake Mills, WI
    Detached 28x40 garage and storage building
    Built in 1890 with radiant heat
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    Waterfront Triplex with Direct Lake Access
    Updated: Jul 2
    Waterfront Triplex with Direct Lake Access

    408 W Lake Street, Lake Mills, WI 53551

    $490,000
    0.58 AC lot
    0.58‑acre waterfront lot on the Mill Pond
    Direct access to Rock Lake
    Currently operating as a 3‑unit multifamily
    Forced‑air heating
    Built in 1890
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    Conjoined Duplex-Style Multifamily
    Conjoined Duplex-Style Multifamily

    1324-1368 South Main Street, Lake Mills, WI 53551

    $7,500,000
    4,128 sqft

    23-unit multifamily portfolio with open-concept layouts and conjoined duplex-style buildings.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Duplex with 3-Car Garage
    Duplex with 3-Car Garage

    319 E Lake St, Lake Mills, WI 53551

    $490,000
    2,927 sqft

    Two residential units offer hardwood flooring, generous living areas, a fenced backyard, and a welcoming front porch.

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

    1324 South Main Street, Lake Mills, WI 53551

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    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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    Waterfront Triplex with Direct Lake Access
    Waterfront Triplex with Direct Lake Access

    408 W Lake Street, Lake Mills, WI 53551

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    Three-unit waterfront property on Mill Pond with direct access to Rock Lake and a recently updated vacant unit.

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    3-Bedroom Duplex Investment
    3-Bedroom Duplex Investment

    613-615 Topeka Dr, Lake Mills, WI 53551

    Contact for pricing

    Two 3-bedroom units feature 2 baths, with a walkout to a spacious backyard and existing rental occupancy.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 7 Active listings in Lake Mills, 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.

    Cambridge Duplex with Updated Units
    Cambridge Duplex with Updated Units

    417-419 Simonson Street, Cambridge, WI 53523

    $385,000
    1,920 sqft

    Updated duplex in Cambridge, convenient location, ideal for owner-occupancy.

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    Two-Unit Duplex with Screened Porches
    Two-Unit Duplex with Screened Porches

    825-827 Vineyard Court, Cambridge, WI 53523

    $858,900
    0.50 AC lot

    Modern condominium duplex with zero-step entries, private porches, garage parking, and vineyard-facing outdoor views.

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    Mixed-Use Building with Storefronts
    Mixed-Use Building with Storefronts

    125 E Racine St, 127, Jefferson, WI 53549

    Contact for pricing
    3,775 sqft

    Two connected buildings include ground-floor storefront space with framed apartment units above.

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    Mixed-Use Retail and Apartments
    Mixed-Use Retail and Apartments

    127 E Racine St, Jefferson, WI 53549

    Contact for pricing

    Main-level storefront space with ADA-compliant rear ramp complements three upper-level apartments in a cream city brick building.

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    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.

    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

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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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    University Park Developable Land
    University Park Developable Land

    976 Mesa Court, University Park, IL 60484

    Contact for pricing
    3.20 AC lot

    3.2 acres with 24 concrete housing pads in University Park.

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    Deeded RV Recreational Lot
    Deeded RV Recreational Lot

    V/L E Kissing Oaks Trail, Custer, MI 49405

    $39,900
    0.96 AC lot

    Deeded lot with a newly excavated site, entry, and driveway, backing Manistee National Forest.

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    Lake Mills, WI Multifamily Properties Market Trends and Statistics

    Explore 7 multifamily properties for sale in Lake Mills, WI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 7,055 square feet of properties for sale, with an estimated market value of $8,855,000.

    Sale prices for multifamily properties in Lake Mills, WI start at $375,000, averaging $2,213,750, and reaching up to $7,500,000 — 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 2
    Duplexes 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 $4M

    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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