$250,000

Estimated payment $1,606/month

-- Bed
-- Bath
2,250 Sq Ft
$111 Price per Sq Ft

Highlights

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

About This Home

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.

Listing Agent

David Meyer

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

Re/Max Advantage Plus

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: Active
  • 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

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
12/09/2025 12/09/25 For Sale $250,000 -- $111 / Sq Ft
Source: Northwestern Wisconsin Multiple Listing Service

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1597443

Northwestern Wisconsin Multiple Listing Service