Exceptional investment opportunity featuring 23 multifamily units ideally located less than 30 miles from Madison and under 60 miles from Milwaukee. This desirable location offers strong rental appeal for commuters and residents seeking a charming small-town atmosphere. The property consists of six buildings, including five 4-unit buildings and one 3-unit building, all designed as conjoined duplex-style residences. Situated adjacent to the Glacial Drumlin State Trail and within close proximity to schools, parks, a golf course, and downtown amenities, this development offers an attractive lifestyle for tenants. Each unit features an open-concept floor plan, spacious primary bedroom suite with walk-in closet and walk-in shower, solid surface countertops, low-maintenance luxury vinyl plank flooring, and quality finishes throughout. Please refer to associated documents for financial information and additional property details. Some photos have been edited for marketing purposes.
Under contract
$7,500,000
1324-1368 S Main St, Lake Mills, WI 53551
6beds
4,128sqft
Duplex
Built in 2023
-- sqft lot
$-- Zestimate®
$1,817/sqft
$-- HOA
What's special
- 49 days |
- 28 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Kyle Carrier,
Best Realty of Edgerton
Source: SCWMLS,MLS#: 2024764
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Heating
- Natural Gas, Forced Air, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2)
Cooling
- Air Conditioning (Unit 1), Air Conditioning (Unit 2)
Appliances
- Included: Dishwasher (Unit 1), Range/Oven (Unit 1), Refrigerator (Unit 1), Washer/Dryer (Unit 1), Dishwasher (Unit 2), Range/Oven (Unit 2), Refrigerator (Unit 2), Washer/Dryer (Unit 2)
- Laundry: In Unit (Unit 1), In Unit (Unit 2)
Features
- Dining Room (Unit 1), Eat In Kitchen (Unit 1), Pantry ((Unit 1), Primary bedroom bath, Dining Room (Unit 2), Eat In Kitchen (Unit 2), Pantry ((Unit 2)
- Flooring: Wood or Simulated Wood (Unit 1), Wood or Simulated Wood (Unit 2)
- Basement: None
Interior area
- Total structure area: 4,128
- Total interior livable area: 4,128 sqft
Video & virtual tour
Property
Parking
- Total spaces: 92
- Parking features: 2 spaces, 2 stall garage, Attached, Outside
- Attached garage spaces: 4
- Details: Outside
Features
- Levels: Two
- Patio & porch: Balcony/Patio (Unit 1), Balcony/Patio (Unit 2)
Lot
- Size: 2.56 Acres
Details
- Parcel number: 24607132422012
- Zoning: R3-12
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Stone, Vinyl Siding, Wood Siding
Condition
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate elec meters, Separate gas meters, Separate water meters, Internet - Cable
Community & HOA
Location
- Region: Lake Mills
Financial & listing details
- Price per square foot: $1,817/sqft
- Tax assessed value: $6,907,900
- Annual tax amount: $105,812
- Date on market: 6/2/2026
- Inclusions: 23 Stoves, 23 Microwaves, 23 Dishwashers, 23 Refrigerators, 23 Washers, 23 Dryers
- Exclusions: Water Softeners
Estimated market value
Not available
Estimated sales range
Not available
$2,050/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Contingent | $7,500,000$1,817/sqft |
Source: SCWMLS #2024764 Report a problem | ||
| 6/2/2026 | Listed for sale | $7,500,000$1,817/sqft |
Source:  WIREX MLS #2024764 Report a problem | ||
| 7/18/2024 | Listing removed | $7,500,000$1,817/sqft |
Source: WIREX MLS #1974925 Report a problem | ||
| 4/15/2024 | Listed for sale | $7,500,000$1,817/sqft |
Source: WIREX MLS #1974925 Report a problem | ||
| 4/10/2024 | Listing removed | -- |
Source: WIREX MLS #1954297 Report a problem | ||
| 8/30/2023 | Price change | $7,500,000-3.8%$1,817/sqft |
Source: WIREX MLS #1954297 Report a problem | ||
| 7/10/2023 | Price change | $7,800,000-3.1%$1,890/sqft |
Source: WIREX MLS #1954297 Report a problem | ||
| 6/28/2023 | Listed for sale | $8,050,000$1,950/sqft |
Source: WIREX MLS #1954297 Report a problem | ||
| 6/26/2023 | Contingent | $8,050,000$1,950/sqft |
Source: WIREX MLS #1954297 Report a problem | ||
| 4/25/2023 | Listed for sale | $8,050,000$1,950/sqft |
Source: WIREX MLS #1954297 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 53551
Nearby schools
GreatSchools rating
- 7/10Lake Mills Middle SchoolGrades: 5-8Distance: 1.3 mi
- 6/10Lake Mills High SchoolGrades: 9-12Distance: 0.5 mi
- 6/10Lake Mills Elementary SchoolGrades: PK-4Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Lake Mills
- Middle: Lake Mills
- High: Lake Mills
- District: Lake Mills Area
Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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