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$189,900
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Property 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 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.
Full Property Details
Full Property Details for 111 N Polk St
General
- Price: $189,900
- Taxes: $2,486 (2025)
- Status: Active
- Type: Triplex
- Source: Wirex_Central_Wisconsin_Board_of_Realtors_CWBR
- MLS ID: 22602947
- Updated: 7/7/2026
- Added to Site: 19 day(s) ago
Parking
- Garage Description: None
Location
- Municipality: Merrill
- County: Lincoln
- Driving Directions: Polk St
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
Structural Information
- Description/Design: TriPlex, 2 Story
- Year Built: 1900
Unit Information
- Units in Building: 3
Unit 1
- Square Feet: 504
- Bedrooms: 1
Unit 2
- Square Feet: 608
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.14
Financial Considerations
- Tax Amount: $2,486.51
- Tax Year: 2025
Listed by Jones Real Estate Group
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Schools
Schools serving 111 N Polk St
School District:Merrill Area School District
| Name | Grades | Distance |
|---|---|---|
Prairie River Middle School 106 North Polk Street, Merrill, WI 54452 | 6-8 | 0.1 mi |
Kate Goodrich Elementary School 505 West 10th Street, Merrill, WI 54452 | K-5 | 0.6 mi |
Merrill High School, Merrill, WI 1201 North Sales Street, Merrill, WI 54452 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 N Polk St
Date
Details
Price
Change
Source
6/26/2026
Listed
$189,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 111 N Polk St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,487
10%
$120,900
—
2024
$2,269
31%
$120,900
119%
2023
$1,738
10%
$55,200
—
2022
$1,578
-5%
$55,200
—
2021
$1,666
—
$55,200
—
2020
$1,663
1%
$55,200
—
2019
$1,644
1%
$55,200
—
2018
$1,622
6%
$55,200
—
2017
$1,527
4%
$55,200
—
2016
$1,466
—
$55,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 111 N Polk St
111 N Polk Street, Merrill, WI 54452 (MLS# 22602947) is a Triplex property with 0 bedrooms and 0 full bathrooms. 111 N Polk Street is currently listed for $189,900 and was received on June 26, 2026. Want to learn more about 111 N Polk Street? Do you have questions about finding other Triplex real estate for sale in Merrill? You can browse all Merrill real estate or contact a Coldwell Banker agent to request more information.
