Lake Mills, WI Residential income properties for sale

Updated: Oct 21

Two-Unit Duplex

511 North Main Street, Lake Mills, WI 53551

$129,900

2,292 sqft 0.34 AC lot

Two apartments: one with 3 bedrooms and one with 1 bedroom
2,292 square feet of building area
0.34‑acre lot with room to add a garage
Built in 1900
Larger unit includes 1 1/2 baths and main‑floor laundry

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Updated: Oct 21

Two-Story Duplex

511 N Main Street, Lake Mills, WI 53551

$129,900

0.34 AC lot

Two‑unit duplex on a 0.34‑acre lot
Larger residence has 3 bedrooms, 1 1/2 baths, and main‑floor laundry
Smaller residence includes 1 bedroom and a full bath
R2 zoning
Built in 1900; radiant heat and driveway parking

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Victorian Duplex with Garage

800 N Main Street, Lake Mills, WI 53551

$375,000

0.75 AC lot

R3 zoning supports multifamily use, with a detached garage and storage building on the parcel.

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See hot listings in Lake Mills

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

Two-Story Duplex

511 N Main St #509, Lake Mills, WI 53551

$129,900

2,292 sqft

The two residences include a three-bedroom unit with main-floor laundry and a separate one-bedroom unit.

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Waterfront Triplex

408 W Lake Street, Lake Mills, WI 53551

$480,000

0.58 AC lot

Three residential units sit on a 0.58-acre parcel with waterfront access.

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Two-Story Duplex

509-511 N Main St, Lake Mills, WI 53551

$129,900

2,292 sqft

Two separate residences offer a three-bedroom layout and a one-bedroom unit.

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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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Two-Unit Duplex

511 N Main St, Lake Mills, WI 53551

$129,900

2,292 sqft

The property combines a three-bedroom residence with a separate one-bedroom unit, each with its own kitchen and living area.

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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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Victorian Duplex with Detached Garage

800 N Main St, Lake Mills, WI 53551

$375,000

0.75 AC lot

The 1890 residence occupies a three-quarter-acre parcel with R3 zoning.

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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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11 active listings match your search: Residential Income for sale in Lake Mills, WI. Based on your search, we've also compiled 9 Potential Opportunities for your consideration: 4 properties in nearby cities, 1 off-market property to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

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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Residential Income Property with Private Entry

262 Whitetail Way, Unit 15, Deerfield, WI 53531

$460,000

1,326 sqft

Completion is estimated for October 2026, with central air, included appliances, and a private entry.

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Updated Duplex with Separate Laundry

404 S Main St, Deerfield, WI 53531

$338,500

Two vacant residences offer three- and four-bedroom layouts, each with one and a half baths.

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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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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

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

Cambridge, WI 53523

$149,800

2.77 AC lot

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

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Residential Land in Kennedy Hills

Wooded Ridge Trail lot: 35, Cottage Grove, WI 53527

$160,900

0.60 AC lot

Residential lot for sale in a low-density Cottage Grove neighborhood.

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Residential Lot in Kennedy Hills

Wooded Ridge Trail lot: 36, Cottage Grove, WI 53527

$160,900

0.62 AC lot

Residential lot for sale in a low-density neighborhood.

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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.

Land

760 Cherokee Path, Lake Mills, WI 53551

Estimated value: by Request

0.63 AC lot

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Lake Mills, WI Residential Income Properties Market Trends and Statistics

Explore 12 residential income properties for sale in Lake Mills, WI, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 23,778 square feet of properties for sale, with an estimated market value of $3,109,500.

Sale prices for residential investment properties in Lake Mills, WI start at $129,900, averaging $310,950, 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.

Neighborhood	Average Price
53551	$311K

Neighborhood

Average Price

53551

$311K