111 N Polk St

Merrill, WI 54452

$189,900
Price
6
Beds
3
Baths
2,224 Sq. Ft.
$85 / Sq. Ft.
2,224
Sq. Ft.
$85
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Active - With Offer
Active - With Offer

Description

Expand your investment portfolio with this well-maintained triplex in the City of Merrill! This income-producing property features three separate units, including a 1-bedroom, 1-bath unit currently rented for $500 per month, a spacious 3-bedroom, 1-bath unit rented for $1,000 per month, and a freshly remodeled 2-bedroom, 1-bath unit that is currently vacant—offering an excellent opportunity to set your own rental rate or occupy the unit yourself. The upper unit has been completely renovated, adding...Expand your investment portfolio with this well-maintained triplex in the City of Merrill! This income-producing property features three separate units, including a 1-bedroom, 1-bath unit currently rented for $500 per month, a spacious 3-bedroom, 1-bath unit rented for $1,000 per month, and a freshly remodeled 2-bedroom, 1-bath unit that is currently vacant—offering an excellent opportunity to set your own rental rate or occupy the unit yourself. The upper unit has been completely renovated, adding modern appeal for future tenants. Additional updates include a newer roof installed just a few years ago, providing added peace of mind. With separate utilities for each unit, management is simplified and operating expenses are reduced. Whether you're a seasoned investor or looking to start your rental portfolio, this property offers strong income potential with room for additional cash flow.
  1. Listed by RISE REAL ESTATE TEAM • Brokerage DRE #701501-91 • JONES REAL ESTATE GROUP
    P: (715)-680-0019 allison@jonesreg.com
  2. Listed by DAKOTA KARLEN • Brokerage DRE #701501-91 • JONES REAL ESTATE GROUP
    P: (715)-680-0019 dakota@jonesreg.com
LISTING UPDATED: 06/29/2026 08:20 PM

Property Details for 111 North Polk Street

StatusActive - With Offer
MLS #22602947
Days on Market4
Taxes$2,487 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1900
Lot Size-
CountyLincoln County
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Location

Listing Courtesy of JONES REAL ESTATE GROUP
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Building Information for 111 North Polk Street

Stories2Residences3Year Built1900Building Size-Lot Size-

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$1,154 per month

30 year fixed, 6.36% Interest

Principal and Interest

$946

Property Taxes

$207

HOA Dues

$0

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Property Information for 111 North Polk Street

Summary
Location and General Information
  • Carrier Route: C005
  • Directions: Polk St
  • Latitude: 45.180646
  • Longitude: -89.69943
  • MLS Area Major: Merrill
Taxes and HOA
  • Tax Annual Amount: $2,486.51
  • Tax Year: 2025
Property
Property and Assessments
  • Below Grade Unfinished Area: 1.0
  • Living Area: 2224.0
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Year Built: 1900
Building Features
  • Total Stories: 2
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Has Basement: Yes
  • Total Bedrooms: 6
  • Has Spa: No
Multi Family
Multi Family Information
  • Number Of Units Total: 3

Property History for 111 North Polk Street

DateEvent & SourcePriceAppreciation
Jun 30, 2026

Contingent

Central Wisconsin Multiple Listing Service #22602947

—
Jun 26, 2026

Listed (Active)

Central Wisconsin Multiple Listing Service #22602947

$189,900—
DateEvent & SourcePrice
06/30/2026

Contingent

Central Wisconsin Multiple Listing Service #22602947

—
06/26/2026

Listed (Active)

Central Wisconsin Multiple Listing Service #22602947

$189,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 111 North Polk Street

Taxable ValueLand$6,700Additions$114,200Total$120,900
Tax Record2025$2,487 ($207 / month)
Home Facts
Beds5Total Finished SqFt2,178 SqFtAbove Grade Finished SqFt2,178 SqFtStyleSingle Family ResidenceYear Built1900CountyLINCOLNAPN251-3106-114-0088

Schools near 111 North Polk Street

This home is within Merrill Area School District.
Rating
School
Type
Grades
Distance
Maple Grove Elementary School
Charter - K to 5
Bridges Virtual Academy
Charter - PK to 12
Merrill High School
Public - 9 to 12
Jefferson Elementary School
Public - K to 5
Rating
School
Distance
Maple Grove Elementary School
CharterK to 5

Bridges Virtual Academy
CharterPK to 12

Merrill High School
Public9 to 12

Jefferson Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of JONES REAL ESTATE GROUP

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Central Wisconsin Multiple Listing Service, Inc. The information published and disseminated by the Service is communicated verbatim, without change by the Service, as filed with the Service by the Participant. The Service does not verify such information provided and disclaims any responsibility for its accuracy. Copyright © 2026 Central Wisconsin Multiple Listing Service, Inc. All Rights Reserved.