$154,900

3 Beds 2 Baths 1,402 Sqft

108 W 3rd Street, Merrill, WI 54452

Property Type: Multi-Family
Building Type: Duplex,2 Story
Time on Market: 19 days
Price per Sqft: $110
Lot Size: 60x120
Garage: 2 Car
Est. Age: 21+ Years

Description

Attention investors! This income-producing duplex offers long-term tenants and a convenient Merrill location near local parks and amenities. The main-level unit features 2 bedrooms, a full bath with laundry hookups, and functional living spaces. The upper 1-bedroom unit has been updated with open living areas and a full bath. The upper tenant participates in a HUD rental assistance program and the unit has passed an HQS inspection. Per previous seller, the siding, windows, and roof were updated in recent years, offering peace of mind for future maintenance planning. Additional features include separate electric panel access for the upper unit, tenant-paid utilities (landlord pays water), a 2-car detached garage with alley access, and recent curb-and-gutter updates. A solid, steady addition to your rental portfolio.

Unit Breakdown

Unit Beds Full Baths Half Baths Sq Ft
Unit 1 2 1 826
Unit 2 1 1 576

Property Details

Interior

Appliances:
  • Refrigerator, Range/Oven, Dishwasher
Baths:
  • Full Baths: 2
Heating/Cooling:
  • Forced Air
Heat Fuel:
  • Natural Gas
Interior Features:
  • Ceiling Fan(s), Smoke Detector(s)
Sqft:
  • Total Sqft: 1,402

Exterior

Exterior:
  • Vinyl
Garage:
  • Details: 2 Car
  • Spaces: 2.0
Lot:
  • Size: 60x120
Roofing:
  • Shingle
Water:
  • Waterfront: N
Water/Waste:
  • Municipal Water, Municipal Sewer

Misc.

New Construction:
  • N
Postal:
  • Code: 54452
Street:
  • Direction Prefix: W
  • Name: 3RD STREET
  • Suffix: STREET
Utilities:
  • Details: Separate Electric Meters,Separate Heat,Separate Gas Meters

Map

Listing Agent-Provided Directions:
  • Center Ave to W 3rd St.

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Schools and Neighborhood

Elementary School:
  • Merrill
Middle School:
  • Merrill
High School:
  • Merrill
School District:
  • Merrill
Postal City:
  • Merrill
Municipality:
  • Name: MERRILL
  • Type: City
County:
  • LINCOLN

Market Comparison

How this property compares to local market averages — calculated 5/21/2026

This Property
Merrill Multi Family Home Avg
Lincoln County Multi Family Home Avg
List Price
$154,900
$255,042
$255,042
Median Price
$249,900
$249,900
Price / Sq Ft
$110
$0
$0
Days on Market
19 days
113 days
113 days
Total Listings
7
7

Listing Information

  • Time on Market: 19 days
  • Place Perfect Last Updated: 2026-05-20 12:43:32
  • MLS Number: 22601791
  • Subsystem Locale: WIREX_CWBR
  • Listing Office: RE/MAX EXCEL
  • Listing Agent: BRENDA SCHUMACHER
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This information is provided by WIREX via the REALTORS Association of Northeast Wisconsin multiple listing service and is exclusively for consumers’ personal, non-commercial use. Information is deemed reliable but not guaranteed.

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