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    Lake Mills, WI Triplexes for Sale

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    Waterfront Three-Unit Triplex
    Updated: Jul 11
    Waterfront Three-Unit 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
    Built in 1890 with forced‑air heating
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    Waterfront Triplex
    Updated: Aug 24
    Waterfront Triplex

    408 W Lake St, Lake Mills, WI 53551

    $480,000
    2,410 sqft
    2,410‑square‑foot triplex with 3 multifamily units
    Waterfront setting on the Mill Pond with direct access to Rock Lake
    Recently updated vacant unit
    Built in 1890
    A couple of blocks from downtown Lake Mills and Bartels Beach
    View details
    See hot listings in Lake Mills

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    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.

    Well-Maintained Three-Unit Rental
    Well-Maintained Three-Unit Rental

    2837 Coolidge St, Madison, WI 53704

    $459,900
    766 sqft

    Three 2-bedroom, 1-bath units with shared lower-level laundry and private off-street parking.

    View details
    Income-Generating Triplex with Private Pool
    Income-Generating Triplex with Private Pool

    270 Brook St, Oregon, WI 53575

    $799,000
    1,000 sqft

    Well-maintained triplex with income potential and a private pool.

    View details
    Three-Unit Residential Property
    Three-Unit Residential Property

    2837 Coolidge Street, Madison, WI 53704

    $459,900
    0.14 AC lot

    Three matching apartments with shared laundry, common space, and private off-street parking.

    View details
    Triplex With Private Pool
    Triplex With Private Pool

    270 Brook Street, Oregon, WI 53575

    $799,000
    348.00 AC lot

    Three-unit residential property with radiant heating, on-site parking, and a private pool in Oregon.

    View details

    Lake Mills, WI Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in Lake Mills, WI on our real estate platform. These investment opportunities span a total of 2,410 square feet of properties for sale, with an estimated market value of $960,000.

    Sale prices for three-family homes in Lake Mills, WI average $480,000 — 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

    Apartment buildings 2
    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 $480K

    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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