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Three-Unit Rental Property
For Sale
$190,000

1015 6th St W, Ashland, WI 54806

Three-unit multifamily with off-street parking and long-term tenants on month-to-month leases.

Property Size2,400 SF
Days on Market132

Property Features for 1015 6th St W

General Information

Standard status Active
Size 2,400 SF
Property subtype Triplex

Additional Details

Business Included Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $2,647

Building Details

Building Size 2,400 SF
Year Built 1900
Tenancy Multi
Listing Agency: Coldwell Banker Realty - Ashland
Listed By: Jay Emmert · License #5062990
Source: Visionsfirstrealty
Added: Apr 27 Changed: Sep 2 Last Checked: Sep 5 at 3:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty - Ashland

Investment Insights

Based on property information with market context.

This is a three-unit rental property offering two-bedroom layouts in two units and a one-bedroom unit in the stand-alone third. All units are occupied by long-term tenants on month-to-month leases, providing a stable, current income setup.

The property is within walking distance to downtown and includes off-street parking for residents.

The tenant mix supports a straightforward residential income configuration with separate unit spaces and shared property operations typical of a three-unit multifamily.

Key Highlights

  • 3‑unit multi‑family rental with long‑term tenants on month‑to‑month leases
  • Unit mix: two 2‑bedroom units and one 1‑bedroom stand‑alone unit
  • Off‑street parking available

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom HVAC Service (Bike/Boat/Book/etc) Store Locksmith Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

574
Businesses Nearby

Demographics for 54806, WI

11,492
Population
5,599
Households
2.1
Avg Household Size
42
Median Age
25%
College-Educated
96%
High-School Grad
288.9 sq mi
ZIP Area
40
Density / Sq Mi
$59,556
Median Household Income
$37,388
Median Earnings
$709
Median Rent
$172,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit multifamily with off-street parking and long-term tenants on month-to-month leases.
Where is this triplex located?
The property is located at 1015 6th St W Ashland, WI.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: 3‑unit multi‑family rental with long‑term tenants on month‑to‑month leases; Unit mix: two 2‑bedroom units and one 1‑bedroom stand‑alone unit; Off‑street parking available
More about this property
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