$449,900

2 Beds 1 Baths 2,016 Sqft

1787 108th Street, Balsam Lake, WI 54810

Property Type: Multi-Family
Building Type: 1 Story
Time on Market: 18 days
Price per Sqft: $223
Lot Size: 3.04
Total Taxes: $2,623
Est. Age: 21+ Years

Description

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.

Unit Breakdown

Unit Beds Full Baths Half Baths Sq Ft
Unit 1 2 1 0 672

Property Details

Interior

Basement:
  • None
Baths:
  • Full Baths: 1
Heating/Cooling:
  • Baseboard, Other
Heat Fuel:
  • Electric
Interior Features:
  • Circuit Breakers
Sqft:
  • Total Sqft: 2,016

Exterior

Acreage:
  • Range: 1 to 4.99
Exterior:
  • Stucco
Lot:
  • Size: 3.04
Parking:
  • Details: On Site, Outside
Roofing:
  • Shingle
Water:
  • Waterfront: N
Water/Waste:
  • Well, Holding Tank

Misc.

New Construction:
  • N
Postal:
  • Code: 54810
Street:
  • Name: 108th Street
  • Suffix: STREET
Tax Year:
  • 2025
Utilities:
  • Details: Electricity,Electricity
Zoning:
  • Business/Commercial,Residential-Multi-Family

Map

Listing Agent-Provided 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

Monthly Payment Calculator

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Schools and Neighborhood

School District:
  • Unity
Postal City:
  • Balsam Lake
Municipality:
  • Name: APPLE RIVER
  • Type: Town
County:
  • POLK

Market Comparison

How this property compares to local market averages — calculated 8/5/2026

This Property
Balsam Lake Multi Family Home Avg
Polk County Multi Family Home Avg
List Price
$449,900
$449,900
$282,633
Median Price
—
$449,900
$199,000
Price / Sq Ft
$223
$223
$211
Days on Market
18 days
18 days
16 days
Total Listings
—
1
3

Listing Information

  • Time on Market: 18 days
  • Place Perfect Last Updated: 2026-07-20 00:18:10
  • MLS Number: 7099596
  • Subsystem Locale: WIREX_WWRA
  • Listing Office: EXP Realty, LLC
  • Listing Agent: Jackson Rohde

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