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    Lake Mills, IA
    Triplex

    Lake Mills, IA Triplexes for Sale

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    Triplex with Detached Double Garage
    Updated: Jul 6
    Triplex with Detached Double Garage

    403 S 4Th Avenue E, Lake Mills, IA 50450

    $109,900
    1,811 sqft 0.48 AC lot
    Three‑unit apartment building with efficiency, one‑bedroom, and two‑bedroom layouts
    1,811 square feet on a 0.48‑acre lot
    Tenants currently in place
    Detached double garage included
    New boiler installed in 2025
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Mills, IA, 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.

    Triplex Multifamily Property
    Triplex Multifamily Property

    610 3rd Ave SE, Waseca, MN 56093

    $174,800
    2,142 sqft

    Three residential units are situated near parks, schools, local services, and downtown Waseca.

    View details
    Triplex with Basement
    Triplex with Basement

    610 SE 3rd Avenue, Waseca, MN 56093

    $174,800
    0.20 AC lot

    Three-unit residential property with forced-air heating and a shingle roof.

    View details
    3-Unit Triplex with Garages
    3-Unit Triplex with Garages

    214 1st NW, Mason City, IA 50401

    $158,500

    Residential property offering off-street parking, multiple garage spaces, and a mix of ready and unfinished unit improvements.

    View details
    Updated Upper-Unit Triplex
    Updated Upper-Unit Triplex

    512 N Pennsylvania, Mason City, IA 50401

    $157,000

    Three leased apartments provide two bedrooms and one full bathroom per unit, with an updated upper residence and basement storage.

    View details

    Lake Mills, IA Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Lake Mills, IA on our real estate platform. These investment opportunities span a total of 1,811 square feet of properties for sale, with an estimated market value of $109,900.

    Sale prices for three-family homes in Lake Mills, IA average $109,900 — 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 1
    Triplexes 1

    Demographics Overview

    Population 3,001
    Population Growth (5Y) +10.9%
    Median Household Income $76,522
    College Educated 23.2%

    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
    50450 $109.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.47%
    Property Tax per SF $24.95 per SF
    Tax Rate vs County Average 0.26 pp above county avg
    Average Loan-to-Value 65.0%

    How Realmo verifies these figures

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