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    Lake Mills, WI
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    Lake Mills, WI Waterfront Land for Sale

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    Waterfront Triplex
    Updated: Aug 24
    Waterfront Triplex

    408 W Lake St, Lake Mills, WI 53551

    $490,000
    2,410 sqft
    2,410‑square‑foot triplex with 3 multifamily units
    Waterfront setting on the Mill Pond with direct access to Rock Lake
    Recently updated vacant unit
    Built in 1890
    A couple of blocks from downtown Lake Mills and Bartels Beach
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    This listing looks promising.

    Here's a quick look at some key insights for

    408 W Lake St, Lake Mills, WI 53551

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    • Est. Cap Rate

      5.2%
      NOI ÷ price

    • Est. NOI

      $26K
      Annual

    • Price @ 7% Cap

      $365K
      Suggested
    View Property Analytics
    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 on a 0.58‑acre residential parcel
    Waterfront on the Mill Pond with direct access to Rock Lake
    Recently updated vacant unit
    Three bedrooms and three bathrooms
    Built in 1890 with forced‑air heating
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

    Riverfront Farm with Log Cabin
    Riverfront Farm with Log Cabin

    N8217 County Rd Y, Watertown, WI 53094

    $1,574,000
    51 sqft

    Rural acreage combines tillable ground, river frontage, and a custom cabin with adaptable interior space.

    View details
    Agricultural Land with River Frontage
    Agricultural Land with River Frontage

    Outlots 65 Portland lot: 65, Waterloo, WI 53594

    $400,000
    11.44 AC lot

    11.44-acre agricultural tract with Maunesha River frontage and Ag zoning, including tillable acreage and established hardwood treeline.

    View details
    Agricultural Farmland with River Frontage
    Agricultural Farmland with River Frontage

    Outlot 66 Portland lot: 66, Waterloo, WI 53594

    $385,000
    11.00 AC lot

    Deeded eleven-acre farmland with Maunesha River frontage, mature hardwood treeline, and a cleared drivable perimeter path.

    View details
    Waterfront Vacant Lot
    Waterfront Vacant Lot

    505 Dewey Avenue, Watertown, WI 53094

    $185,000

    Vacant 0.39-acre lot on the Rock River, offered for sale at 505 Dewey Ave.

    View details

    Lake Mills, WI Waterfront Land Market Trends and Statistics

    Explore 2 waterfront land for sale in Lake Mills, WI on our real estate platform. These investment opportunities span a total of 27,675 square feet of properties for sale, with an estimated market value of $970,000.

    Sale prices for water rights properties in Lake Mills, WI start at $480,000, averaging $485,000, and reaching up to $490,000 — 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

    Industrial land 3
    Commercial land 2
    Waterfront Land 2
    Residential land & home lots 1

    Demographics Overview

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

    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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