Rhinelander, WI Apartment buildings for sale

Updated: Oct 14, 2025

Downtown Corner Mixed-Use Building

400-406 PELHAM ST S, Rhinelander, WI 54501

$449,900

0.53 AC lot

Main floor offers approx. 5,800 sq ft of retail/office space plus an approx. 852 sq ft 2‑bedroom, 1‑bath residential unit
Upper floor includes four 2‑bedroom, 1‑bath apartments plus an efficiency apartment with approx. 3,300 sq ft of residential space
Corner lot in the heart of Rhinelander, WI with off‑street private paved parking
Handicap accessible with an accessible approach and ramp
Utilities: public water and public sewer; natural gas heating and central air cooling

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Updated: May 19, 2025

Downtown Mixed-Use Corner Property

400-416 PELHAM ST S, Rhinelander, WI 54501

$549,900

0.70 AC lot

Two‑building mixed‑use property in downtown Rhinelander with upper/lower residential plus retail/office space
Building One: approx. 3,330 SF residential upper level—four 2BR/1BA apartments plus one efficiency; many units recently remodeled
Building One: main level includes approx. 852 SF 2BR/1BA apartment plus approx. 5,800 SF retail/office space
Building Two: approx. 2,000 SF divided into three retail/office spaces with a full basement for storage or future possibilities
Central air with forced‑air heating and natural gas; public water and public sewer

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Prime Commercial Land Opportunity

1540 Pueblo Dr, Rhinelander, WI 54501

$1,600,000

10,800 sqft · 11.30 AC lot

11.3 acres of commercial land ideal for development.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Rhinelander, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Downtown Mixed-Use Apartment & Retail

101 N Lowell Street, Ironwood, MI 49938

$599,000

13,062 sqft · 1.44 AC lot

Brick apartment building with adjacent street-level commercial space and an upper two-bedroom unit, plus onsite amenities.

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Mixed-Use Property in Downtown Ironwood

122 W Aurora Street, Ironwood, MI 49938

$97,900

2,100 sqft · 0.08 AC lot

Versatile commercial property with storefront and apartments in revitalized district.

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Wausau Multifamily Development Opportunity

2725 Osswald Rd, Wausau, WI 54403

$5,456,000

6.50 AC lot

Fully entitled multifamily development site in Wausau, Wisconsin.

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Student Housing Complex in Wausau

1636 N 3rd Ave, Wausau, WI 54401

$6,698,000

75,000 sqft

Premier student housing complex near Northcentral Technical College.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000

29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000

3.70 AC lot

Prime land near Shepherd University with development potential.

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Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000

0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Rhinelander, WI Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Rhinelander, WI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 10,800 square feet of properties for sale, with an estimated market value of $1,600,000.

Sale prices for two-family homes in Rhinelander, WI start at $1,600,000, averaging $1,600,000, and reaching up to $1,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
54501	$866.6K

Neighborhood

Average Price

54501

$866.6K