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    Lake Mills, WI
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    Lake Mills, WI Triplexes for Sale

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    Waterfront Triplex with Direct Lake Access
    Updated: Jul 2
    Waterfront Triplex with Direct Lake Access

    408 W Lake Street, Lake Mills, WI 53551

    $490,000
    0.58 AC lot
    0.58‑acre waterfront lot on the Mill Pond
    Direct access to Rock Lake
    Currently operating as a 3‑unit multifamily
    Forced‑air heating
    Built in 1890
    View details
    Waterfront Triplex with Direct Lake Access
    Updated: Jun 5
    Waterfront Triplex with Direct Lake Access

    408 W Lake Street, Lake Mills, WI 53551

    Contact for pricing
    Tri‑plex built in 1890, currently operating as a 3‑unit multifamily
    1‑acre waterfront property on the Mill Pond with direct access to Rock Lake
    Vacant unit was recently updated
    Located a couple of blocks from downtown Lake Mills and Bartels Beach
    Also listed as Single Family MLS# 2025195
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    Triplex Residential Income Property
    Triplex Residential Income Property

    301 South 2nd Street, Watertown, WI 53094

    $289,900
    6,969 sqft

    Three-unit residential income property with listed security deposits for the lower, main, and upper units.

    View details
    Owner-Occupy Triplex Investment
    Owner-Occupy Triplex Investment

    222 Margaret Street, Watertown, WI 53098

    $509,900
    11,761 sqft

    Triplex with three 3-bedroom, 1-bath units, with upgrades including remodeled bathrooms, flooring, windows, and appliances.

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    Turnkey 3-Unit Residential Income
    Turnkey 3-Unit Residential Income

    1009 South 4th Street, Stoughton, WI 53589

    $379,900
    2,355 sqft

    Well-maintained triplex offers separate gas and electric utilities, in-unit laundry, and a 2023 roof.

    View details
    3-Unit Multifamily Property
    3-Unit Multifamily Property

    1009 S 4th Street, Stoughton, WI 53589

    $379,900
    0.27 AC lot

    Separate gas and electric service, private laundry, hardwood flooring, and garage parking support residential operations.

    View details

    Lake Mills, WI Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in Lake Mills, WI on our real estate platform.

    Sale prices for three-family homes in Lake Mills, WI average $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

    Duplexes 3
    Apartment buildings 2
    Triplexes 2

    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 $490K

    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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