Four-Unit Apartment
111-113 E Bennett Avenue, Mellen, WI 54546
For Sale
$250,000
CommercialSale, Mellen, WI
Property Size4,264 SF
Lot Size0.05 Acres
Price / SF$58.63
Days on Market144
Property Features for 111-113 E Bennett Avenue
General Information
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Building Details
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Listing Agency:
Keller Williams Realty Diversified
(715) 514-4265
Listed By:
James Moran · License WI 53332-94
(920) 442-0243
Added: Jun 19
Changed: Oct 20
Last Checked: Nov 9 at 10:06PM
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.
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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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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
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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
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
