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    Lake Mills, WI Residential Income Properties for Sale

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    Jefferson, WI Cambridge, WI Johnson Creek, WI
    6 listings
    Multifamily Building with 23 Units
    $7,500,000
    2.56 Acres
    Multifamily Building with 23 Units

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

    Six conjoined duplex-style buildings total 23 units, each finished with open-concept layouts and low-maintenance flooring.
    • 23 multifamily units in six buildings: five 4‑unit buildings and one 3‑unit building
    • Conjoined duplex‑style design with open‑concept floor plans in each unit
    • Year built 2023 with forced‑air heating
    • Each unit includes a primary bedroom suite with walk‑in closet and walk‑in shower
    • Solid surface countertops and low‑maintenance luxury vinyl plank flooring
    Updated: Jun 19
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    Waterfront Triplex with Updated Unit
    $490,000
    0.58 Acres
    Waterfront Triplex with Updated Unit

    408 W Lake Street, Lake Mills, WI 53551

    Triplex on Mill Pond with direct Rock Lake access and a recently updated vacant unit ready for occupancy.
    • Lake Mills waterfront property on the Mill Pond with waterfront access to Rock Lake
    • 3‑unit multifamily tri‑plex with a recent update to the currently vacant unit
    • Forced air heating
    • Built in 1890
    • 3 bedrooms and 3 bathrooms listed (Bedroom 1–3, Bathroom 1–3)
    Updated: Jun 19
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    Victorian 2-Family with Detached Garage
    $375,000
    0.75 Acres
    Victorian 2-Family with Detached Garage

    Victorian 2-family residence on a large lot with a detached 28x40 garage/storage and multi-family zoning.

    800 N Main Street, Lake Mills, WI 53551

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    Conjoined Duplex-Style Multifamily
    $7,500,000
    4,128 SF
    Conjoined Duplex-Style Multifamily

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

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

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    Townhome-Style Multifamily with Garages
    $7,500,000
    2.56 Acres
    Townhome-Style Multifamily with Garages

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

    1324 South Main Street, Lake Mills, WI 53551

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    Waterfront Triplex with Direct Lake Access
    $490,000
    Waterfront Triplex with Direct Lake Access

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

    408 W Lake Street, Lake Mills, WI 53551

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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.

    Well-Maintained Duplex with Garage
    $195,000
    0.17 Acres
    Well-Maintained Duplex with Garage

    Duplex offering two distinct living units, partial basement finish, and back-of-lot parking for multiple vehicles.

    333 Robert Street, Fort Atkinson, WI 53538

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    Redeveloped Multifamily Property For Sale
    $1,100,000
    4,081 SF
    Redeveloped Multifamily Property For Sale

    Under-construction 5-unit multifamily property with modern finishes in Fort Atkinson.

    916 Madison Ave, Fort Atkinson, WI 53538

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    Spacious Duplex with Attached Garages
    $485,000
    3,600 SF
    Spacious Duplex with Attached Garages

    Large duplex featuring three bedrooms, three baths, and attached garages.

    507 Bayfield Drive 707, Jefferson, WI 53549

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    Established Bar with Rental Income
    $575,000
    0.55 Acres
    Established Bar with Rental Income

    Turn-key bar and restaurant with two rental units.

    711 W Racine Street, Jefferson, WI 53549

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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.

    Residential Lots in Cambridge, WI
    $89,900
    0.30 Acres
    Residential Lots in Cambridge, WI

    Three residential lots available in Cambridge, Wisconsin.

    Lt4 Woodcrest Lane lot: 4, Cambridge, WI 53523

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    Residential Lots in Cambridge, WI
    $94,900
    0.38 Acres
    Residential Lots in Cambridge, WI

    Three residential lots available in Cambridge, WI.

    Lt3 Woodcrest Lane lot: 3, Cambridge, WI 53523

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    Residential Lots in Cambridge, WI
    $114,900
    0.61 Acres
    Residential Lots in Cambridge, WI

    Three residential lots available in Cambridge, WI.

    Lt2 Woodcrest Lane lot: 2, Cambridge, WI 53523

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    2.5 Acre Homesite Near Cambridge
    $184,000
    2.50 Acres
    2.5 Acre Homesite Near Cambridge

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

    Clear View Road lot: 1, Cambridge, WI 53523

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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
    Lot: 0.63 Acres
    Value Estimation by Request

    760 Cherokee Path, Lake Mills, WI 53551

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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 4,128 square feet of properties for sale, with an estimated market value of $7,500,000.

    Sale prices for residential income properties in Lake Mills, WI start at $7,500,000, averaging $7,500,000, 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

    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 $375K

    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

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