Tom Gavin

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Listing provided courtesy of JONES REAL ESTATE GROUP- MLS# 22602947MLS ProviderContact Information: Phone: 715-680-0019

111 POLK STREETMerrill, WI 54452

Multi-Family
$189,900 Active - With Offer

111 POLK STREET Overview

Time on Site:
3 days
Visits:
3

Expand your investment portfolio with this well-maintained triplex in the City of Merrill! This income-producing property features three separate units, including a 1-bedroom, 1-bath unit currently rented for $500 per month, a spacious 3-bedroom, 1-bath unit rented for $1,000 per month, and a freshly remodeled 2-bedroom, 1-bath unit that is currently vacant—offering an excellent opportunity to set your own rental rate or occupy the unit yourself. The upper unit has been completely renovated, adding modern appeal for future tenants. Additional updates include a newer roof installed just a few years ago, providing added peace of mind. With separate utilities for each unit, management is simplified and operating expenses are reduced. Whether you're a seasoned investor or looking to start your rental portfolio, this property offers strong income potential with room for additional cash flow.

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111 POLK STREET Facts & Features

  • Type Multi-Family

Details

General

Listing Information

  • Sale/Rent: For Sale

Building Information

  • Year Built: 1900

Location/Region

  • County Or Parish: Lincoln County
  • MLS Area Major: Merrill

Tax Information

  • Tax Annual Amount: $2,486.51
  • Tax Year: 2025

General Information

  • Age: 126
  • Property Sub Type: Triplex
  • Property Type: Multi-Family

Interior

Parking Information

  • Garage Spaces: None

General Information

  • Basement: Yes

Unit Information

  • Unit 1 Sq Ft: 504
  • Unit 2 Bedroom: 2
  • Unit 2 Bath: 1
  • Unit 2 Sq Ft: 608
  • Unit 3 Bedroom: 3
  • Unit 3 Bath: 1
  • Unit 3 Sq Ft: 1112

Exterior

Lot Information

  • Lot Size: .14

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: 2 Story

General Information

  • Number Of Units Total: 3
  • Sewer: Pb Sewer/Pb Water

111 POLK STREET Neighborhood

Community

54452 (Park Falls) Demographics

47
Median Age
42
Population Density (per sq. mile)
31%
College Educated
$60,213
Estimated Median Income
6,510
Estimated Total Home Owners
2,098
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

111 POLK STREET Market Data

Based on the last 30 days in this zip code

$294,378
Average List Price
$157
Average Price per Square Foot
20
Properties Sold
75
Average Days on Market
92
Properties for Sale
Calculations provided by Reliance Network

111 POLK STREET History

Date Event Value Agent
6/29/2026Source: Central WI MLS Status Change
Active - With Offer
6/26/2026Source: Central WI MLS Added to Database
June 26, 2026