1787 108th Street Balsam Lake, WI $ 424,900
1787 108th Street
$ 424,900
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1787 108th Street

Balsam Lake, WI, 54810
$ 424,900
Bedrooms2 Baths1.0 Sq 2,016

Monthly Estimate*

$ 2,935

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Multi-Family Home for sale in Balsam Lake, WI

for $424,900 with 2 bedrooms and 1 full bath. This 2,016 square foot home was built in 2000 on a lot size of 3.04.

Rare opportunity to own three separate single family homes on one parcel no shared walls, no shared headaches. Each unit offers 2 bedrooms, 1 bathroom, and approximately 672 sq ft of updated living space, making this an ideal setup for investors or owner-occupants looking to offset their mortgage. All three homes have been extensively updated during current ownership, including new flooring throughout, updated windows and doors (2026), new washer and dryer in each unit, and a new well pump (2026). Property also features a new water filtration system serving the homes. All units are electric for simplified utility management. Strong, consistent income with minimal vacancy. Each unit rents for $1,350/month plus $50/month per pet, generating over $48,000 annually in gross revenue. Situated on 3 acres, the property offers additional space and potential for future expansion or added amenities. Whether you’re looking to expand your portfolio with a low maintenance asset or live in one unit while the others pay your mortgage, this is a clean, income-producing property with built-in upside.

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Multi-Family Pending

Price

$ 424,900

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 2,623

Style

Triplex

Lot Size

3.04

Year Built

2000

Town/City

Balsam Lake

County/Region

Polk

MLS | Web ID

7099596

Features
General
Living Area 2016
Sewer Holding Tank Private Sewer
Heating Baseboard Ductless Mini-Split
Roof Asphalt
Garage Spaces 0
Construction Materials Concrete Frame
Year Built 2000
Electric Circuit Breakers
Tenant Pays Broadband Cable TV
Levels One
Property Subtype Triplex
Tax Year 2025
Gross Income 48650
Accessibility None
County Polk
Net Operating Income 30186
Operating Expense 0
Insurance Expense 2068
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 2497
Directions From HWY 8 Head north on 100th St. turn left on on 175th Ave. right on 108th St.(Cty Rd. I) property is on the left
City Balsam Lake
High School District Unity
Zoning Description Business/Commercial Residential-Multi-Family
Number Of Units Total 3
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 2623
Electric Expense 7381
Fuel Expense 0
Trash Expense 915
Water Sewer Expense 1320
Additional Parcels Y/N N
Standard Status Pending
Lender Owned No
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Interior
Basement None
Basement (Y/N) N
Above Grade Finished Area 2016
Laundry Features Electric Dryer Hookup Laundry Closet In Unit Washer Hookup
Total Bedrooms 6
Below Grade Finished Area 0
Total Baths 3
Foundation Dimensions 28x24
Fuel Electric
Garage Square Feet 0
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Exterior
Fencing None
Parking Features Driveway - Other Surface More Parking Onsite for Fee Open
Water Source Private Well
Lot Size Area 3.04
Building Area Total 2016
Lot Dimensions 3.04
Waterfront Y/N N
Foundation Area 672
Road Frontage Type County Road
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1787
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* Excluded Features
List By
Exp Realty, Llc

Broker

jacksonfrohde@gmail.com

Email

Affordability Calculator

$3,153
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,935
Monthly Property Taxes
$219
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
708977 Elementary School
708502 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/22/2026$424,900 -5.56% Price Down
7/17/2026$449,900 Listed Price

Map


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1787 108th Street, Balsam Lake, WI, 54810 is a Multi-Family Home for sale at $424,900 with 2,016 sqft and a lot size of 3.04. 1787 108th Street has 2 bedrooms, 1.0 baths, and was built in 2000. The property's zip code is 54810 which is in Balsam Lake, WI