Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this triplex offers an excellent opportunity! With tenants already in place, this property provides immediate rental income from day one. The building features three units, including two main-level apartments—an efficiency unit and a one-bedroom unit—and a spacious two-bedroom apartment on the upper level. A new boiler installed in 2025 adds peace of mind for future ownership. Situated on a generous 0.48-acre lot, tenants can enjoy plenty of outdoor space, and the detached double garage offers additional storage or the potential for future rental income, as it has not previously been utilized by tenants. All utilities are currently included in the rent, making this a turnkey investment with room for future value-add opportunities. Don't miss your chance to start—or grow—your real estate portfolio with this solid income-producing property!
Albert Wright Page, License B62241000, Xome Inc., License FO5635000, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

Listings courtesy of NoCoast MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Lake Mills is located in Iowa. Lake Mills, Iowa has a population of 2,101. Lake Mills is less family-centric than the surrounding county with 24.43% of the households containing married families with children. The county average for households married with children is 24.74%.
The median household income in Lake Mills, Iowa is $62,800. The median household income for the surrounding county is $56,578 compared to the national median of $69,021. The median age of people living in Lake Mills is 41.2 years.
The average high temperature in July is 81.7 degrees, with an average low temperature in January of 5.4 degrees. The average rainfall is approximately 34.4 inches per year, with 36.6 inches of snow per year.