$245,000
SOLD DEC 29, 2025
-- Bed
-- Bath
2,250 Sq Ft
1884 Built

Recently Sold

$109 Per Sq Ft

2% Below List Price

5 Days on Market

Highlights

  • Porch
  • Open Patio
  • Forced Air Heating System
  • Cooling Available

About This Home

As of December 2025

Cash flowing triplex. Full occupancy, great location close to downtown. 2 BR's, 1 bath in the middle and upper unit. 1BR in the lower unit. Middle unit has a large pantry that is big enough for a 3rd bedroom. Water Heater was new in 2021. The upper unit has a deck off the back and the middle unit has a front porch. The lower unit has a front sitting area as well. Tenants pay electric. Up the hill a bit so some views of the lake and harbor area. Rents total $41,400 per year - Upper unit $1,200, Middle unit $1,300 and Lower unit is $950/month. Total 2024 expenses = $15,481. Don't miss this great investment opportunity or great for an owner occupant. Financials listed are for the current tenants moving forward. See supplements for previous years P/L - lots of deferred maintenance completed on the building in this owners tenure. 1 water heater for lower level unit and 1 for the middle and upper units. 1 forced air furnace and lower level unit has a supplemental source. No laundry on site. Unit 1 & 2 pay electric, unit 3 is on the house meter. Tenants handle snow removal. Owner handles lawn.

Last Agent to Sell the Property

David Meyer

Re/Max Advantage Plus Brokerage Phone: 952-226-7700 License #84465-94 Listed on: 12/09/2025

Re/Max Advantage Plus

Last Buyer's Agent

Other Companies Non-MLS

Other Companies/Non-MLS License #0

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,528

Year Built

  • Built in 1884

Lot Details

  • Lot Dimensions are 25 x 140 x 25 x 140

Home Design

  • Triplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • Partial Basement

Kitchen

  • Oven
  • Range

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 010103000340

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $1,890
  • Maintenance Expense $1,577
  • Trash Expense $1,029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,528

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Directions: I35 to North Lake Ave, Go West to E 5th St., Go North to N 2nd Ave E, Go West to corner of E 6th St.
  • Lot Size: 25 x 140 x 25 x 140
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Year Built: 1884
  • Attribution Contact: 952-226-7700
  • Co List Office Phone: 952-226-7700
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1800.0
  • Reso Fireplace Features: None
  • Living Area: 2250.0
  • Property Sub Type Additional: Triplex
  • General Property Information Below Grade Unfinished Area: 200.0
  • Special Features: None

Interior Features

  • Has Basement: Finished, Partial, Walk-Out Access
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Basement YN: Yes
  • Below Grade Sq Ft: 450.0
  • Fireplace: No

Exterior Features

  • Foundation Details: Stone
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Open, Porch

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Heating: Forced Air, Wall Furnace
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 1890.0
  • Trash Expense: 1029.0

Schools

  • Junior High Dist: Other

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 010103000340
  • Zoning Description: Residential-Multifamily

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3528.0

Multi Family

  • Number Of Units Total: 3
  • Maintenance Expense: 1577.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2025 12/29/25 Sold $245,000 -2.0% $109 / Sq Ft
12/14/2025 12/14/25 Pending -- -- --
12/09/2025 12/09/25 For Sale $250,000 -- $111 / Sq Ft
Source: Northwestern Wisconsin Multiple Listing Service

Agents Affiliated with this Home

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Map

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1597443

Northwestern Wisconsin Multiple Listing Service