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408 W Lake St, Unit 408 1/2 Lake Mills, WI $ 490,000
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$ 490,000 Get more info
408 W Lake St, Unit 408 1/2
$ 490,000
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408 W Lake St, Unit 408 1/2

Lake Mills, WI, 53551
$ 490,000
Bedrooms3 Baths3.0 Sq 2,252

Monthly Estimate*

$ 3,017

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Multi-Family Home for sale in Lake Mills, WI

for $490,000 with 3 bedrooms and 3 full baths. This 2,252 square foot home was built in 1890 on a lot size of 1.

This is a rare find! Lake Mills waterfront property on 1 acre 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 water-front single family home. This property is spacious, unique and deserves a closer look. Also listed as Single Family MLS #1965982

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Multi-Family Active

Price

$ 490,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,174

Style

Duplex +,View of Water,Waterfrontage on lot

Lot Size

1

Year Built

1890

Town/City

Lake Mills

County/Region

Jefferson

MLS | Web ID

1965984
Features
Interior
Basement Block Full Walk Out/Outer Door
Total Number of Units 3
Heating/Cooling Natural Gas
Stories 1-2 Stories
Type 1 Units 1.00
Type 2 Units 1.00
Type 3 Units 1.00
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Exterior
Exterior Aluminum Siding
Body of Water Rock-Mill Pond
Flood Plan No
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General
Zoning Res
Year Built 1890
County Jefferson
Type Duplex + View of Water Waterfrontage on lot
Property Type D
Unit Number 408 1/2
Municipality City
Tax Year 2025
Garage/Parking Outdoor Space
Directions I94 to Lake Mills S on Hwy 89 (Main St) to right on West Lake St.
High School Lake Mills
City Lake Mills
Taxes 5174.02
School District Lake Mills Area
Elementary School Lake Mills
Middle School Lake Mills
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* Excluded Features
List By
Exp Realty

Broker

Laura@LaurasRealEstateGroup.com

Email

Affordability Calculator

$3,448
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,017
Monthly Property Taxes
$431
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
3044476 Elementary School
3044424 Middle School
Lake Mills High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/12/2026$490,000 Listed Price

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408 W Lake St, Unit 408 1/2, Lake Mills, WI, 53551 is a Multi-Family Home for sale at $490,000 with 2,252 sqft and a lot size of 1. 408 W Lake St, Unit 408 1/2 has 3 bedrooms, 3.0 baths, and was built in 1890. The property's zip code is 53551 which is in Lake Mills, WI

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