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    Johnson Creek, WI Reeseville, WI Jefferson, WI Oconomowoc, WI Lake Mills, WI Waterloo, WI Summit, WI Woodland, WI
    Three-Unit Residential Income Property
    Updated: Feb 27
    Three-Unit Residential Income Property

    222 Margaret St, Watertown, WI 53098

    $509,900
    0.27 AC lot
    Triplex built in 1888, offering income‑producing potential with 3 bedrooms and 1 bath in each unit.
    Unit 222 updates include a new tub/shower, new light fixtures, some newer windows, and included appliances.
    Unit 224 includes a completely remodeled bathroom, updated kitchen with new SS appliances, new flooring and carpet, and newer washer/dryer.
    Unit 224 improvements include some new windows, new interior doors and front door, new garage roof, and updated exterior drainage/grading for the basement.
    Triplex has updated plumbing fixtures and selected improvements across both Unit 222 and Unit 224.
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Watertown, 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.

    Waterfront Triplex with Updated Unit
    Waterfront Triplex with Updated Unit

    408 W Lake Street, Lake Mills, WI 53551

    $490,000
    0.58 AC lot

    Three-unit multifamily on the Mill Pond with direct access to Rock Lake and a recently updated vacant unit.

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

    2837 Coolidge Street, Madison, WI 53704

    $475,000
    0.14 AC lot

    Well-maintained three-unit building with three 2-bedroom, 1-bath apartments and shared lower-level laundry.

    View details
    Three-Unit Residential Income Building
    Three-Unit Residential Income Building

    24 S 2nd Street, Madison, WI 53704

    $459,000
    0.09 AC lot

    Three units include two 1-bedroom apartments and a studio, with a detached two-car garage.

    View details
    Waterfront Triplex with Direct Lake Access
    Waterfront Triplex with Direct Lake Access

    408 W Lake Street, Lake Mills, WI 53551

    $490,000

    Three-unit waterfront property on Mill Pond with direct access to Rock Lake and a recently updated vacant unit.

    View details

    Watertown, WI Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Watertown, WI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $509,900.

    Sale prices for three-family homes in Watertown, WI start at $509,900, averaging $509,900, and reaching up to $509,900 — 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
    Quadplexes 1
    Triplexes 1

    Demographics Overview

    Population 30K
    Population Growth (5Y) -3.6%
    Median Household Income $72,428
    College Educated 25.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    53098 $509.9K

    Taxes & Financing

    Tax Rate (average for all types) 1.81%
    Tax Rate vs County Average 0.38 pp below 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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