Multifamily Property with Multiple
For Sale
$349,900
914 4TH AVE S, Park Falls, WI 54552
CommercialSale, Park Falls, WI
Property SizeContact for details
Lot Size1.02 Acres
Days on Market66
Property Features for 914 4TH AVE S
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
10
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 6, Bedroom 5, Bathroom 1, Bathroom 4, Bedroom 7, Bedroom 3, Bedroom 10, Bathroom 6, Bedroom 8, Bathroom 3, Bedroom 9, Bathroom 8, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 5, Bedroom 1, Bathroom 7
Parking features
Driveway
Directions
On State HWY 13 S, Property will be on the west side of Hwy 13
Standard status
Active
APN
271-103004000
Lot size
1.02 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SOUTH TOWN ADDITION TO PARK FALLS LOT 6 BLOCK D EXCPT PCL 29 TPP METAL CABINET #98
Tax Annual Amount
5139
Legal Description
SOUTH TOWN ADDITION TO PARK FALLS LOT 6 BLOCK D EXCPT PCL 29 TPP METAL CABINET #98
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Electric (Heating), Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Number of units
8
Flooring type
Carpet, Vinyl, Mixed
Building materials
VinylSiding
Roof type
Metal, Shingle, Composition
Listing Agency:
NORTHWOODS REALTY
(715) 339-4663
Listed By:
CALA NEU · License #58726 - 90
(715) 820-0636
Added: Jul 17
Changed: Sep 17
Last Checked: Sep 20 at 6:06AM
MLS# 218534
Copyright © 2026 Greater Northwoods MLS. 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 multifamily property includes a triplex with two studio apartments and a lower-level one-bedroom, one-bath apartment. The triplex has compact kitchens with full-size refrigerators, vinyl and carpet flooring, and forced-air heat with central air; the heating system was added in 2024. A separate four-unit building provides studio-style accommodations with private baths. Three units include furnishings and kitchenette areas with mini refrigerators, microwaves, countertops, and wall-mounted TVs, while the fourth unit is ready for renovation.
The 1.018-acre property also contains five detached cabins offered as-is, a three-bedroom, one-bath home requiring extensive remodeling, a garage, and a storage shed. Access is available from State Hwy 13 and 5th Avenue. Public water and public sewer serve the property, with driveway parking and a mix of metal, composition, and shingle roofing across the improvements.
The existing buildings support a range of residential and lodging configurations, while the unfinished and as-is structures provide additional renovation considerations for a future owner.
The 1.018-acre property also contains five detached cabins offered as-is, a three-bedroom, one-bath home requiring extensive remodeling, a garage, and a storage shed. Access is available from State Hwy 13 and 5th Avenue. Public water and public sewer serve the property, with driveway parking and a mix of metal, composition, and shingle roofing across the improvements.
The existing buildings support a range of residential and lodging configurations, while the unfinished and as-is structures provide additional renovation considerations for a future owner.
Key Highlights
- 1.018‑acre multifamily property with multiple residential and lodging buildings
- Triplex includes two studio apartments and one lower‑level 1 BR, 1 BA apartment
- Separate 4‑unit building with studio‑style units and private baths
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
Business Placement
Demographics for 54552, WI
4,381
Population
3,602
Households
1.2
Avg Household Size
54
Median Age
15%
College-Educated
93%
High-School Grad
360.3 sq mi
ZIP Area
12
Density / Sq Mi
$58,389
Median Household Income
$42,773
Median Earnings
$882
Median Rent
$127,500
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?
Multifamily property - Multi-building property combines furnished apartments, studio lodging units, cabins, and a separate home on a 1.018-acre site.
Where is this multifamily property located?
The property is located at 914 4TH AVE S Park Falls, WI.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 1.018‑acre multifamily property with multiple residential and lodging buildings; Triplex includes two studio apartments and one lower‑level 1 BR, 1 BA apartment; Separate 4‑unit building with studio‑style units and private baths
