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Nick Leavy

nick@ermetro.com +1(612) 236-5331

$449,900

Est. payment - /mo

6 Beds

3 Baths

2,016 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,016 sqft

Price per Sqft $223

MLS Listing ID 7099596

Bedrooms 6

Year Built 2000

Annual Tax Amount $2,623

Tax Year 2025

Contingent None

Lot Size 3.040 Acres

Lot Dimensions 3.04

Property Sub-Type Triplex

Property Description

Rare opportunity to own three separate single family homes on one parcel no shared walls, no shared
headaches. Each unit offers 2 bedrooms, 1 bathroom, and approximately 672 sq ft of updated living space,
making this an ideal setup for investors or owner-occupants looking to offset their mortgage. All three
homes have been extensively updated during current ownership, including new flooring throughout, updated
windows and doors (2026), new washer and dryer in each unit, and a new well pump (2026). Property also
features a new water filtration system serving the homes. All units are electric for simplified utility
management. Strong, consistent income with minimal vacancy. Each unit rents for $1,350/month plus
$50/month per pet, generating over $48,000 annually in gross revenue. Situated on 3 acres, the property
offers additional space and potential for future expansion or added amenities. Whether you're looking to
expand your portfolio with a low maintenance asset or live in one unit while the others pay your
mortgage, this is a clean, income-producing property with built-in upside.

Location

State WI

County Polk

Zoning Business/Commercial,Residential-Multi-Family

Rooms

Basement None

Interior

Heating Baseboard, Ductless Mini-Split

Fireplace No

Laundry Electric Dryer Hookup, Laundry Closet, In Unit, Washer Hookup

Exterior

Parking Features Driveway - Other Surface, More Parking Onsite for Fee, Open

Fence None

Roof Type Asphalt

Building

Story One

Foundation 672

Sewer Holding Tank, Private Sewer

Water Private, Well

Level or Stories One

Structure Type Concrete,Frame

New Construction false

Schools

School District Unity

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Listed by Jackson Rohde • EXP Realty, LLC

Nearby School & Business

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1787 108th ST Balsam Lake, WI 54810