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Contingent
  • $189,900

    111 N POLK STREET, Merrill, WI 54452

    6beds
    2,224sqft
    : 
    $1,400/mo
    Get pre-qualified
    Multi Family, Triplex
    Built in 1900
    -- sqft lot
    $185,400 Zestimate®
    $85/sqft
    $-- HOA

    What's special

    Expand your investment portfolio with this well-maintained triplex in the City of Merrill! This income-producing property features three separate units, including a 1-bedroom, 1-bath unit currently rented for $500 per month, a spacious 3-bedroom, 1-bath unit rented for $1,000 per month, and a freshly remodeled 2-bedroom, 1-bath unit that is currently vacant?offering an excellent opportunity to set your own rental rate or occupy the unit yourself. The upper unit has been completely renovated, adding modern appeal for future tenants. Additional updates include a newer roof installed just a few years ago, providing added peace of mind. With separate utilities for each unit, management is simplified and operating expenses are reduced. Whether you're a seasoned investor or looking to start your rental portfolio, this property offers strong income potential with room for additional cash flow.
    48 days
    |
    9
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    RISE REAL ESTATE TEAM Phone:715-680-0019,

    JONES REAL ESTATE GROUP,

    Dakota Karlen 715-680-0019,

    JONES REAL ESTATE GROUP

    Source: WIREX MLS,MLS#: 22602947MLS LogoOriginating MLS: Central WI Board of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 3
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 2,224
      • Total interior livable area: 2,224 sqft

      Property

      Parking
      • Parking features: No Garage
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 6,098 Square Feet
      • Dimensions: .14
      Details
      • Parcel number: 25131061140088

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Triplex
      Condition
      • 21+ Years
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Merrill
      • Municipality: Merrill

      Financial & listing details

      • Price per square foot: $85/sqft
      • Tax assessed value: $120,900
      • Annual tax amount: $2,486
      • Date on market: 6/26/2026

        Estimated market value

        $185,400

        $176,000 - $195,000

        $795/mo

        Price history

        DateEventPrice
        6/30/2026Contingent$189,900$85/sqft
        Source: WIREX MLS #22602947 Report a problem
        6/26/2026Listed for sale$189,900$85/sqft
        Source: WIREX MLS #22602947 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,269 +30.5%$120,900 +119%
        2023$1,738 +10.1%$55,200
        2022$1,578 -5.3%$55,200
        2021$1,666 +0.2%$55,200
        2020$1,663 +1.1%$55,200
        2019$1,644 +1.3%$55,200
        2018$1,622 +6.3%$55,200
        2017$1,527 +4.2%$55,200
        2016$1,466 -14.4%$55,200 -11.5%
        2015$1,713 $62,400
        2014$1,713 $62,400
        2013$1,713 $62,400
        2011$1,713 $62,400
        2010-- $62,400
        2009-- $62,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 54452

        Getting around

        64 / 100
        Somewhat Walkable
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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