Residential Income

Lake Mills, WI Residential Income 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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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 15 Potential Opportunities for your consideration. Besides 6 Active listings in Lake Mills, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

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

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

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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.

2.5 Acre Homesite Near Cambridge
2.5 Acre Homesite Near Cambridge

Clear View Road lot: 1, Cambridge, WI 53523

$178,000
2.50 AC lot

2.5 acre country homesite near Cambridge, WI with sunrise views.

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Rockdale Land with Building Potential
Rockdale Land with Building Potential

Cambridge, WI 53523

$149,800
2.77 AC lot

2.77 acres in Rockdale, WI, ready for residential development.

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Fort Atkinson Development Opportunity
Fort Atkinson Development Opportunity

1310 Campus Dr, Fort Atkinson, WI 53538

Contact for pricing

Land available for development in Fort Atkinson, Wisconsin.

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Buildable Rural Lot with Stream
Buildable Rural Lot with Stream

Oak Park Road lot: 2 Csm 2879, Marshall, WI 53559

$240,000
6.32 AC lot

6.32-acre lot ready for your vision in Marshall, WI.

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Off-Market Properties in Lake Mills, WI

Consider similar Off-Market properties in Lake Mills, WI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

760 Cherokee Path
Land

760 Cherokee Path, Lake Mills, WI 53551

Estimated value:
No data
0.63 AC lot
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Lake Mills, WI Residential Income Properties Market Trends and Statistics

Explore 7 residential income 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 residential income 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

Multifamily properties 6
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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