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408 W Lake Street Lake Mills, WI 53551 • Multi Unit - Multiple • Active

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Description

This is a rare find! Lake Mills waterfront property on an oversized lot with an unbeatable location. Situated on the Mill Pond, with direct access to Rock Lake and just a couple of blocks from downtown Lake Mills & Bartels Beach. This tri-plex is a great opportunity, whether you're an investor or looking for the perfect owner-occupied property. Currently operating as a 3-unit multifamily with strong rental history. The vacant unit has been recently updated so you can move right in and have tenants pay your mortgage. Enjoy the prime location and peaceful backyard views of the water. The right renovation could transform this into a stunning waterfront single-family home. This property is spacious, unique, and deserves a closer look. Also listed as Single Family MLS# 2025195

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Jefferson
High School: Lake Mills
Listed By:
EXP Realty, LLC Pref: 920-988-9767
SCWMLS

Units

Unit 1:
Bedrooms: 1
Full Baths: 1
Parking Description: 1 Space
Unit 2:
Full Baths: 1
Parking Description: 1 Space
Unit 3:
Bedrooms: 2
Full Baths: 1
Parking Description: 1 Space
$490,000
Est. $3,239/mo

Listing Courtesy of: EXP Realty, LLC
Agency Contact: Pref: 920-988-9767
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Active
BEDS0 BATHS MLS#2025197
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLLake Mills Area
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Shown By

Hunter Lisk
 (608) 642-2235

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408 W Lake Street, Lake Mills, WI 53551.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $490,000$490,000$490,000
Down Payment $98,000$17,150$122,500
Monthly Mortgage Amount $2,414$2,962$3,027
Taxes $682$682$682
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$216$0
Monthly Estimated Total $3,239$4,003$3,852

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/15/2026. The listing information on this page last changed on 07/15/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 07/15/2026 4:40:21 AM EST) or MRED MLS (last updated Wed 07/15/2026 2:04:21 AM EST) or SCWMLS (last updated Tue 07/14/2026 11:54:44 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 07/14/2026 10:15:48 PM EST) or Cedar Rapids MLS (last updated Tue 07/14/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Wed 07/15/2026 1:18:40 AM EST) or ICAAR MLS (last updated Tue 07/14/2026 11:37:25 PM EST) or ECIMLS (last updated Tue 07/14/2026 11:44:33 PM EST) or RMLSA (last updated Wed 07/15/2026 1:10:54 AM EST) or Muscatine MLS (last updated Wed 07/15/2026 2:00:11 AM EST) or No Coast MLS (last updated Wed 07/15/2026 12:44:22 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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