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Fully Occupied 4-Plex Investment
For Sale
$220,000

102 E Lincoln Ave, Tomahawk, WI 54487

Older four-unit property is fully occupied and situated across from a city park and splash pad in Tomahawk.

Property SizeContact for details
Days on Market64

Property Features for 102 E Lincoln Ave

General Information

Standard status Active
Occupancy 100%

Additional Details

Multifamily Units 4

Building Details

Tenancy Multi
Listing Agency: TWENTY-TWO RE LLC
Listed By: DEBBIE CONDADO
Source: Exprealty
Added: Jun 1 Changed: Jul 10 Last Checked: Jul 31 at 5:12PM

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 TWENTY-TWO RE LLC

Investment Insights

Based on property information with market context.

This older 4-plex is offered fully occupied, providing four separate residential units within a single multifamily property. The building’s established setup is suited for buyers seeking a straightforward, existing income property rather than a renovation-driven redevelopment.

The property is located within the city limits of Tomahawk at 102 E Lincoln Ave. It sits directly across the street from a city park and splash pad, placing residents near outdoor recreation and nearby community amenities.

From an ownership standpoint, a fully occupied 4-plex can be attractive to investors and experienced landlords looking to acquire an income-producing residential asset in a stable, family-oriented setting. With its four-unit configuration and current occupancy, the property offers an opportunity to add or expand a rental portfolio while maintaining an existing tenant base. Prospective buyers should review lease details and unit economics during their due diligence.

Key Highlights

  • Older 4‑plex within the city limits of Tomahawk
  • Fully occupied—tenants in place
  • Directly across the street from a city park and splash pad

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Storage Facility Carpet & Flooring Store

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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

334
Businesses Nearby

Demographics for 54487, WI

9,750
Population
7,200
Households
1.4
Avg Household Size
53
Median Age
23%
College-Educated
93%
High-School Grad
290.6 sq mi
ZIP Area
34
Density / Sq Mi
$76,712
Median Household Income
$45,830
Median Earnings
$612
Median Rent
$223,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Quadplex - Older four-unit property is fully occupied and situated across from a city park and splash pad in Tomahawk.
Where is this quadplex located?
The property is located at 102 E Lincoln Ave Tomahawk, WI.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Older 4‑plex within the city limits of Tomahawk; Fully occupied—tenants in place; Directly across the street from a city park and splash pad
More about this property
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