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    Well-Maintained Triplex With Separate Utilities
    Updated: Jun 26
    Well-Maintained Triplex With Separate Utilities

    111 N POLK STREET, Merrill, WI 54452

    $189,900
    Triplex in the City of Merrill with three separate units: 1 bed/1 bath, 3 bed/1 bath, and 2 bed/1 bath
    1‑bedroom unit currently rented for $500/month and the 3‑bedroom unit currently rented for $1,000/month
    2‑bedroom unit is vacant and freshly remodeled for immediate occupancy or new rental rate setting
    Upper unit has been completely renovated, with modern updates for future tenants
    Newer roof installed a few years ago
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    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 5 Potential Opportunities for your consideration. Besides 1 Active listings in Merrill, 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.

    3-Unit Triplex Apartment Building
    3-Unit Triplex Apartment Building

    5772 Main St, Auburndale, WI 54412

    $179,900
    2,139 sqft 0.41 AC lot

    Each residence offers two bedrooms and one bathroom, with updated baths and individually metered utilities.

    View details
    Auburndale Investment Property For Sale
    Auburndale Investment Property For Sale

    5772 Main St, Auburndale, WI 54412

    Contact for pricing
    0.40 AC lot

    Three-unit multifamily property in Auburndale, Wisconsin with strong rental history.

    View details
    Three-Unit Renovation Property
    Three-Unit Renovation Property

    1208 Mason St, Rhinelander, WI 54501

    $99,000

    Vacant multifamily structure requiring comprehensive renovation and reconfiguration, with no current tenant occupancy.

    View details
    Remodeled Triplex Ready for Rent
    Remodeled Triplex Ready for Rent

    17 W Prospect Street, Rhinelander, WI 54501

    Contact for pricing

    Recently remodeled triplex with three vacant units ready for rental.

    View details

    Merrill, WI Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Merrill, WI on our real estate platform.

    Sale prices for three-family homes in Merrill, WI average $189,900 — 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

    Duplexes 5
    Quadplexes 2
    Triplexes 1

    Demographics Overview

    Population 19K
    Population Growth (5Y) +2.4%
    Median Household Income $65,522
    College Educated 26.4%

    High-Yield Neighborhoods for Investment

    Identify Merrill submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    54452 $189.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.91%
    Tax Rate vs County Average 0.46 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lincoln County

    New Delisted

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