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    6856 S 1St Ave Lake Nebagamon, WI 54849

    New
    For Sale
    $459,000

    Fourplex, Other - Lake Nebagamon, WI

    Property size:
    3,712 SF
    Lot size:
    0.46 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 6856 S 1St Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    11
    APN
    LN-146-01105-00
    Parking
    4
    EntryLevel
    M,U
    Basement Y/N
    1
    Size
    3,712 SF
    Lot size
    0.46 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1974
    Floors in Building
    2
    Number of units
    4
    Architectural style
    Other

    RE/MAX Results (952) 829-2900 [email protected]

    Listing agent Steve Germond (952) 829-2900

    Listing date Dec 2, 2025

    MLS# 6123075 Listing URL

    Copyright © 2025 Lake Superior Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake Nebagamon Multi-Family Property

    This multi-family property is located in the Village of Lake Nebagamon. It features two 2-bedroom units and two 1-bedroom units. The building has a strong rental history. The property includes a four-stall garage for tenants and off-street parking. The lot size is 0.46 acres and the property size is 3712 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Hotel & Motel Gym & Fitness Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Nebagamon
    County
    Douglas
    State
    Wisconsin
    Longitude
    -91.702225754631
    Latitude
    46.515375014289

    Nearby Similar for Sale

    • $500,000
      100 SF

      Turnkey Business Opportunity with Residence

      Established business with residence, garage, and storage on 4.48 acres.
      6753 S County Road P, Lake Nebagamon, WI 54849
      View Details

    FAQs

    What type of property is this?
    Quadplex - Multi-family property with strong rental history in Lake Nebagamon.
    Where is this quadplex located?
    The property is located at 6856 S 1St Ave Lake Nebagamon, WI.
    What is the asking price?
    The asking price for this property is $459,000.
    What are key features of this property?
    This property features: - Multi-family property with strong rental history.; - Four units: **two 2-bedroom and two 1-bedroom**.; - **Four-stall garage for tenants**.
    (952) 829-2900
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6856 S 1St Ave Lake Nebagamon, WI 54849
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