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$185,000
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Property Description
High-yield triplex generating $23,400 in gross annual rents with approximately a 10% cap rate at the current list price. Tenants pay all utilities, keeping owner expenses low. Annual expenses include property taxes, insurance, and maintenance reserve, resulting in an estimated NOI of $18,000+. SEE ASSOCIATED DOCS FOR INVESTMENT ANALYSIS. Three 1-bedroom units with off-street parking. Appliances included. One unit has forced air heat; two have radiant heat. Simple, efficient, income-producing asset with strong day-one returns. Brand new roof, siding, gutters & downspouts.
Full Property Details
Full Property Details for 835 Lancaster St
General
- Sold For: $185,000
- Taxes: $2,046 (2025)
- Status: Closed
- Type: Multi-Family
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2017827
- Added to Site: 72 day(s) ago
Interior
- Interior Features: High-Speed Internet
Parking
- Parking Features: 2 Spaces, Outside
Location
- Municipality: Platteville
- County: Grant
- Driving Directions: From W. Main St., turn right onto Chestnut St., then turn left on W. Adams St.
School Information
- School District: Platteville
- Elementary School: Call School District
- Middle School: Platteville
- High School: Platteville
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Forced Air
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
- Utility Description: High Speed Internet Available, Separate Electric Meters, Separate Gas Meters, Separate Water Meters
Structural Information
- Description/Design: 2 Stories
- Exterior Const.: Vinyl
- Basement Desc.: Partial, Block
- Year Built: 1900
Unit Information
- Units in Building: 3
Unit 1
- Square Feet: 730
- Bedrooms: 1
Unit 2
- Square Feet: 540
- Bedrooms: 1
- Primary Bedroom: Main Level
- Living Room: Main Level,
- Kitchen: Main Level,
Unit 3
- Bedrooms: 1
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: Res
Financial Considerations
- Tax Amount: $2,046
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Tenants Personal Property
- Inclusions: Stove (3), Refrigerator (3), Microwave (2), Dehumidifier (2), Window A/C (3-4).
Listed by RE/MAX Advantage Realty
Sold by RE/MAX Advantage Realty
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Schools
Schools serving 835 Lancaster St
School District:Platteville School District
| Name | Grades | Distance |
|---|---|---|
Platteville Middle School 40 East Madison Street, Platteville, WI 53818 | 4-8 | 0.5 mi |
Westview Elementary School, Platteville, WI 1201 Camp Street, Platteville, WI 53818 | 2-3 | 0.5 mi |
Wilkins Elementary School 425 Broadway Street, Platteville, WI 53818 | K-1 | 1 mi |
Platteville High School 710 East Madison Street, Platteville, WI 53818 | 9-12 | 1 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 835 Lancaster St
Date
Details
Price
Change
Source
3/31/2026
Sold
$185,000
2.83%
MLS
3/05/2026
Listed
$179,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
835 Lancaster Street, Platteville, 53818 (MLS# 2017827) is a Multi-Family property that was sold at $185,000 on March 31, 2026. Want to learn more about 835 Lancaster Street? Do you have questions about finding other Multi-Family real estate for sale in Platteville? You can browse all Platteville real estate or contact a Coldwell Banker agent to request more information.
