Four-Unit Apartment
For Sale
$250,000
111-113 E Bennett Avenue, Mellen, WI 54546
CommercialSale, Mellen, WI
Property Size4,264 SF
Lot Size0.05 Acres
Price / SF$58.63
Days on Market94
Property Features for 111-113 E Bennett Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Rooms
Basement
Elementary school district
Mellen
Middle school district
Mellen
High school district
Mellen
Directions
Take Main St to Bennett Ave, Property is the second building on the south side of the street.
Standard status
Active
APN
251003430300
Size
4,264 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
E28' of the W 84' Lot 5 & 6 BLK A; Less S 15' of Lot 5 Village of Iron City
Tax Annual Amount
1887
Legal Description
E28' of the W 84' Lot 5 & 6 BLK A; Less S 15' of Lot 5 Village of Iron City
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1905
Flooring type
Carpet
Building materials
Brick, CementSiding, WoodSiding
Listing Agency:
Keller Williams Realty Diversified
(715) 514-4265
Listed By:
James Moran · License #53332-94
(920) 442-0243
Added: Jun 19
Changed: Sep 5
Last Checked: Sep 20 at 11:06AM
MLS# 1602447
Copyright © 2026 REALTORS® Association of Northwestern Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This four-unit apartment property contains a mix of one- and two-bedroom residences within a 4,264-square-foot building constructed in 1905. The improvements include carpet flooring, forced-air heat, a basement, and a combination of brick, cement siding, and wood siding. Public water and public sewer serve the property, which occupies 0.0546 acres.
The building is located in downtown Mellen, with a grocery store and hardware store nearby. All four units were occupied at the time of listing, and each tenant held a yearly lease. The address is 111-113 E Bennett Avenue in Ashland County, Wisconsin.
The building is located in downtown Mellen, with a grocery store and hardware store nearby. All four units were occupied at the time of listing, and each tenant held a yearly lease. The address is 111-113 E Bennett Avenue in Ashland County, Wisconsin.
Key Highlights
- Four apartment units with one- and two‑bedroom layouts
- 4,264 square feet on 0.0546 acres
- All units occupied at listing with yearly leases
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
Explore this area
Business Placement
Demographics for 54546, WI
1,213
Population
787
Households
1.5
Avg Household Size
50
Median Age
19%
College-Educated
94%
High-School Grad
211.6 sq mi
ZIP Area
6
Density / Sq Mi
$66,667
Median Household Income
$38,221
Median Earnings
$608
Median Rent
$133,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Occupied residential property with one- and two-bedroom layouts, annual leases, and public water and sewer service.
Where is this quadplex located?
The property is located at 111-113 E Bennett Avenue Mellen, WI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Four apartment units with one- and two‑bedroom layouts; 4,264 square feet on 0.0546 acres; All units occupied at listing with yearly leases
