1324-1368 S Main Street, Lake Mills

$7,500,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

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.

Best Realty of Edgerton.

Essential Information
Status Active
Detailed Status Active
Days on Market 12
MLS® # 2024764
Price $7,500,000
Year Built 2023
Type Multi Family
Assessed Value $6,907,900
Year Assesed 2025
Net Taxes $105,812
Tax Year 2025
Total Income $558,000
Total Expenses $164,822
Net OP Income $393,178
Utilities Separate elec meters, Separate gas meters, Separate water meters
Parking Per Unit 2 stall garage, Attached, 2 spaces, Outside
Exterior Vinyl, Wood, Stone
Community Information
Address 1324-1368 S Main Street
MLS® Area LAKE MILLS - C
County Jefferson
State WI
Zip Code 53551
School Information
District Lake Mills Area
Elementary Lake Mills
Middle Lake Mills
Property Overview
3 Bedroom Units 23
Total Units 23
# of Water Heaters 23
Heat Fuel Natural Gas
# of Stoves 23
# of Refrigerators 23
# of Dishwashers 23
Units with AC 23
# of Washers 23
# of Dryers 23
Unit 1 Details
# of Bedrooms 3
# of Full Baths 2
# of Half Baths 1
Lease Expires Mo to Mo
Square Feet 1,895
Parking 2 Car Garage
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Unit 2 Details
# of Bedrooms 3
# of Full Baths 2
# of Half Baths 1
Lease Expires Mo to Mo
Square Feet 2,233
Parking 2 Car Garage
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Additional Information
Zoning R3-12
Short Sale No
REO / Bank Owned No
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DISCLAIMER: Information is supplied by seller and other third parties and has not been verified.The IDX information being provided is 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.

Data provided by the South Central Wisconsin MLS as of 06/13/2026.

Copyright 2026 – (South Central Wisconsin MLS) – All Rights Reserved

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