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Active - Triplex for sale
Balsam Lake, WI
Facts & features
Why you’ll love it
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.
Listed by: EXP Realty, LLC
Co-listed by: EXP Realty, LLC
Source: Northstar MLS as distributed by MLS GRID, MLS#: 7099596
Based on information as of Jun 01, 2026 at 01:00am EDT.
Come see by yourself
Affordability
$2,494/mo
- Mortgage$2,275
- Property tax$219
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
Discover the neighborhood
Travel times
About Balsam Lake
AI-generated overview for informational purposes only.
Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Based on information submitted to the MLS GRID as of Jun 01, 2026 at 01:00am EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
