1324-1368 S Main Street Lake Mills, WI $ 7,500,000
1324-1368 S Main Street
$ 7,500,000
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1324-1368 S Main Street

Lake Mills, WI, 53551
$ 7,500,000
Bedrooms6 Baths4.2 Sq 4,128

Monthly Estimate*

$ 46,179

Listed by Best Realty of Edgerton
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Multi-Family Home for sale in Lake Mills, WI

for $7,500,000 with 6 bedrooms and 4 full baths, 2 half baths. This 4,128 square foot home was built in 2023 on a lot size of 2.56.

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.

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Multi-Family Active

Price

$ 7,500,000

Bedrooms

6

Full Bath

4

Half Bath

2

Property Type

Multi-Family

Taxes

$ 105,812

Style

Lot Size

2.56

Year Built

2023

Town/City

Lake Mills

County/Region

Jefferson

MLS | Web ID

2024764

Features
Interior
Heating Type Forced air
Basement None
Total Number of Units 23
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General
Total Expenses 165577
Heating Natural Gas
Utilities Separate elec meters Separate gas meters Separate water meters
Zoning R3-12
School District Lake Mills Area
County Jefferson
Miscellaneous Internet - Cable
Class Multi Family
Net Income 406271
Accessibility Features Low pile or no carpeting Open floor plan Ramped or level entrance Ramped or lvl from garage Stall shower
Tax Year 2025
Status Active
Status Detail 0
Year Built 2023
Directions Hwy 89
High School Lake Mills
City Lake Mills
Elementary School Lake Mills
Middle School Lake Mills
DOM 9
Virtual Tour https://www.youtube.com/watch?v=nMd--Ny20rg
County Qtr Section Jefferson NW
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Exterior
Exterior Stone Vinyl Wood
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* Excluded Features
List By
Best Realty Of Edgerton

Broker

(608) 449-3630

Phone

kmcarrier2053@gmail.com

Email

Affordability Calculator

$54,996
Per Month
84%
16%
0%
Monthly Principal & Interest
$46,179
Monthly Property Taxes
$8,818
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5334941 Elementary School
5334940 Middle School
Lake Mills High School High School
Pricing History
DatePricePrice ChangeDescription
6/2/2026$7,500,000 Listed Price

Map


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1324-1368 S Main Street, Lake Mills, WI, 53551 is a Multi-Family Home for sale at $7,500,000 with 4,128 sqft and a lot size of 2.56. 1324-1368 S Main Street has 6 bedrooms, 4.2 baths, and was built in 2023. The property's zip code is 53551 which is in Lake Mills, WI