Pending
1787 108th Street Balsam Lake, WI - Image 11787 108th Street Balsam Lake, WI - Image 21787 108th Street Balsam Lake, WI - Image 31787 108th Street Balsam Lake, WI - Image 41787 108th Street Balsam Lake, WI - Image 51787 108th Street Balsam Lake, WI - Image 61787 108th Street Balsam Lake, WI - Image 71787 108th Street Balsam Lake, WI - Image 81787 108th Street Balsam Lake, WI - Image 91787 108th Street Balsam Lake, WI - Image 101787 108th Street Balsam Lake, WI - Image 111787 108th Street Balsam Lake, WI - Image 121787 108th Street Balsam Lake, WI - Image 131787 108th Street Balsam Lake, WI - Image 141787 108th Street Balsam Lake, WI - Image 151787 108th Street Balsam Lake, WI - Image 161787 108th Street Balsam Lake, WI - Image 171787 108th Street Balsam Lake, WI - Image 181787 108th Street Balsam Lake, WI - Image 191787 108th Street Balsam Lake, WI - Image 201787 108th Street Balsam Lake, WI - Image 211787 108th Street Balsam Lake, WI - Image 221787 108th Street Balsam Lake, WI - Image 231787 108th Street Balsam Lake, WI - Image 241787 108th Street Balsam Lake, WI - Image 251787 108th Street Balsam Lake, WI - Image 261787 108th Street Balsam Lake, WI - Image 27
Pending

$424,900

2 Beds 1 Baths 2,016 SQFT 3.04 Acres
Type: Pending

1787 108th Street
Balsam Lake, WI 54810

MLS#: 7099596
Najmo Ismail
Najmo Ismail
The Real Estate Advantage
Realtor
Office: 952.470.7600
Presented by: EXP Realty, LLC

Property 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.


 

Interior Features

Bedrooms

Total Bedrooms6

Bathrooms

Total Baths3

Other Interior Features

Above Grade Finished Area2,016 sqft
BasementNone
Basement (Y/N)No
Below Grade Finished Area0 sqft
Foundation Dimensions28x24
FuelElectric
Garage Square Feet0
Laundry FeaturesElectric Dryer Hookup, Laundry Closet, In Unit, Washer Hookup

General

AccessibilityNone
Additional Parcels Y/NNo
CityBalsam Lake
Construction MaterialsConcrete, Frame
ContingencyNone
CountyPolk
DirectionsFrom 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
ElectricCircuit Breakers
Electric Expense7381
Fuel Expense0
Garage Spaces0
Gross Income48650
HeatingBaseboard, Ductless Mini-Split
High School DistrictUnity
Insurance Expense2068
Land Lease Y/NNo
Lender OwnedNo
LevelsOne
Living Area2,016 sqft
Lot Size UnitsAcres
MaintenanceExpense2497
Net Operating Income30186
New ConstructionNo
Number Of Units Total3
Operating Expense0
OwnerPaysAll Utilities, Electricity, Insurance, Grounds Care, Repairs, Sewer, Snow Removal, Trash Collection, Water
PostalCityBalsam Lake
Property SubtypeTriplex
Property TypeResidential Income
RoofAsphalt
SewerHolding Tank, Private Sewer
Standard StatusPending
Tax Annual Amount$2,623
Tax Year2025
Tenant PaysBroadband, Cable TV
Trash Expense915
Water Sewer Expense1320
Year Built2000
Zoning DescriptionBusiness/Commercial, Residential-Multi-Family

Exterior

Building Area Total2,016 sqft
FencingNone
Foundation Area672 sqft
Lot Dimensions3.04
Lot Size Area3 sqft
Parking FeaturesDriveway - Other Surface, More Parking Onsite for Fee, Open
Road Frontage TypeCounty Road
Road ResponsibilityPublic Maintained Road
Water SourcePrivate, Well
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
Elementary School N/A
High School N/A

  

Similar Properties

$424,900

2 Beds 1 Baths 2,016 SQFT 3.04 Acres
Type: Pending

1787 108th Street
Balsam Lake, WI 54810

MLS#: 7099596
Najmo Ismail
Najmo Ismail
The Real Estate Advantage
Realtor
Office: 952.470.7600