Closed

$125,000

309 W Main St, Balsam Lake, WI 54810

2beds

2baths

1,200sqft

Multi Family

Built in 1940

-- sqft lot

$169,900 Zestimate^®

$104/sqft

$905 Estimated rent

Home value

$169,900

$146,000 - $195,000

$905/mo

Zestimate^® history

Owner options

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$905/mo

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$905/mo

Rent Zestimate^®

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$656/mo

Est. payment

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$656/mo

Est. payment

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What's special

Let your tenant make your payment! Or add this to your rental port folio. Welcome to 309A and 309B Main Street Balsam Lake. This efficiency duplex is manageable and easy to maintain. Hard to find a multi-family in this area. There is work to be done here. But how else are you going to get into this sector at this price? Seller is providing a $7,000.00 payback allowance for the roof.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2

Heating

Forced Air

Features

Basement: Partial

Interior area

Total structure area: 1,200
Total interior livable area: 1,200 sqft
Finished area above ground: 1,200
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Attached, Gravel
Attached garage spaces: 1
Details: Garage Dimensions (12x20)

Accessibility

Accessibility features: None

Features

Levels: One
Fencing: None

Lot

Size: 9,583 Square Feet
Dimensions: 81 x 116
Features: Irregular Lot, Tree Coverage - Light

Details

Foundation area: 1200
Parcel number: 106001660000
Zoning description: Business/Commercial,Residential-Single Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Roof: Age Over 8 Years,Asphalt,Metal

Condition

New construction: No
Year built: 1940

Utilities & green energy

Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Location

Region: Balsam Lake

Financial & listing details

Price per square foot: $104/sqft
Tax assessed value: $136,000
Annual tax amount: $1,337
Date on market: 8/17/2025
Cumulative days on market: 97 days
Tenant pays: Cable TV, Electricity, Grounds Care, Snow Removal, Trash Collection
Road surface type: Paved

Price history

Date	Event	Price
11/21/2025	Sold	$125,000-10.7%$104/sqft
Source: NorthstarMLS as distributed by MLS GRID #6764431 Report a problem
10/7/2025	Price change	$139,900-3.5%$117/sqft
Source: NorthstarMLS as distributed by MLS GRID #6764431 Report a problem
9/24/2025	Price change	$144,900-3.3%$121/sqft
Source: NorthstarMLS as distributed by MLS GRID #6764431 Report a problem
8/17/2025	Listed for sale	$149,900+399.7%$125/sqft
Source: NorthstarMLS as distributed by MLS GRID #6764431 Report a problem
5/2/2017	Sold	$30,000$25/sqft
Source: NorthstarMLS as distributed by MLS GRID #4787707 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,362 +4.6%	$102,500
2024	$1,302 +17.8%	$102,500
2023	$1,106 +96.2%	$102,500 +172.6%
2022	$563 -8.8%	$37,600
2021	$618 +41%	$37,600
2020	$438 +0.5%	--
2019	$436 -30.6%	--
2018	$628 -41.5%	$37,600 -36.5%
2017	$1,074 -0.6%	$59,200
2016	$1,081 +3.5%	$59,200
2015	$1,044 -5.9%	$59,200
2013	$1,109 +6.1%	$59,200
2012	$1,046 +3.9%	$59,200
2011	$1,006 -5.2%	$59,200
2010	$1,061 +0.4%	$59,200
2009	$1,057	$59,200