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Active
$230,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1997
1,920 sqft • 0.26 acres
MLS# 6763512
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    Property Description

    Duplex – Offered with PID151002460400, another duplex +5 car garage, or individually. A smart addition to any rental portfolio: this rare opportunity includes a fully leased duplex. All units share the same functional layout, and the property has been well-maintained with thoughtful updates to support long-term value and steady returns. Each tenant is assigned a garage stall in PID151002460400, and the fifth is reserved for the owner—perfect for storage or maintenance supplies. Recent upgrades include: New roofs and siding with 2" insulation, New doors on all units, New flooring, 119A has updated bathroom amenities and New gravel added last year for parking area. This setup offers low vacancy risk, low maintenance needs, and solid rental demand. Purchase both parcels together for maximum impact—or separately, depending on your investment strategy. Separate gas meters for each unit. Unit 119B lease states owner to pay electric.

    Listing

    Contingency: None
    Price per sq ft: $120
    City: Milltown
    County: Polk
    State: WI
    Property Style: Duplex Up and Down
    Zip Code: 54858

    Interior

    Living Area: 1,920 ft2
    Ranges: One Per Unit
    Refrigerators: One Per Unit
    Basement Details: None

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 960 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Road Frontage:
    • City Street
    • Paved Streets
    Exterior Material: Vinyl Siding
    Roof Details:
    • Age 8 Years or Less
    • Asphalt
    • Pitched

    Lot & Land

    Acres: 0.26
    Geolocation: 45.527984, -92.50084
    Lot Dimensions: Irr
    Zoning: Residential-Multi-Family
    Lot Description: Irregular Lot

    Schools

    School District: W238
    District Phone: 715-825-3515

    Expenses

    Annual Caretaker Expense: $375
    Annual Electric Expense: None
    Annual Fuel Expense: $999
    Annual Insurance Expense: $836
    Annual Maintenance Expense: None
    Annual Gross Expense: $3,891
    Annual Trash Expense: $600
    Annual Water/Sewer Expense: $1,081
    Tenant Expenses: Electricity, Fuel

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,607
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,607

    Income

    Annual Gross Income: $21,360

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Payment:  /mo

    Listing provided by RMLS, courtesy of eXp Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.