113 POLK STREET, Merrill, WI, 54452
About This Home
Investors, take notice! This well-maintained duplex in the City of Merrill is a great opportunity to add to your portfolio or begin your investment journey. The property features a 2-bedroom, 1-bath unit currently rented for $570 per month and a 1-bedroom, 1-bath unit rented for $695 per month, providing steady rental income. Both units have separate utilities, with tenants responsible for their own utility costs, helping to keep operating expenses low. The upper unit has been remodeled, offering updated finishes that enhance its appeal. Conveniently located near local shopping, dining, parks, and schools, this income-producing property offers both value and potential. Schedule your showing today!
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: 21+ Years
- Year built: 1900
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family,Duplex
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Interior Area
- Total structure area: 1,699
- Total interior livable area: 1,699 sqft
Property
Details
- Parcel number: 25131061140308
Features
- Levels: One and One Half
- Stories: 1
Lot
- Lot size: 5,662 sqft
- Lot size dimensions: .13 acres
Parking
- Parking features: No Garage
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Winter Weather
- Inland Flooding
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Wisconsin Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $757 | $9,084 |
| Home Insurance * | $86 | $1,032 |
| Property Taxes | $218 | $2,616 |
| Electricity | $171 | $2,054 |
| Total | $1,232 | $14,784 |
Income You'd Need if You Spent...
Wisconsin FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-13 | Listed for sale | $149,900 |
| 2025-08-22 | Sold | $110,000 |
| 2025-07-02 | Sold | $82,000 |
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