Four-Unit Apartment
For Sale
$250,000
111-113 E Bennett Avenue, Mellen, WI 54546
COMMERCIAL - Mellen, WI
Property Size4,264 SF
Lot Size0.05 Acres
Price / SF$58.63
Days on Market49
Property Features for 111-113 E Bennett Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Rooms
Basement
Elementary school district
Mellen
Middle school district
Mellen
High school district
Mellen
Directions
Take Main St to Bennett Ave, Property is the second building on the south side of the street.
Standard status
Active
APN
251003430300
Size
4,264 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
E28' of the W 84' Lot 5 & 6 BLK A; Less S 15' of Lot 5 Village of Iron City
Tax Annual Amount
1887
Legal Description
E28' of the W 84' Lot 5 & 6 BLK A; Less S 15' of Lot 5 Village of Iron City
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1905
Flooring type
Carpet
Building materials
Brick, CementSiding, WoodSiding
Listing Agency:
Keller Williams Realty Diversified
(715) 514-4265
Listed By:
James Moran · License #53332-94
(920) 442-0243
Added: Jun 19
Changed: Aug 4
Last Checked: Aug 6 at 9:06AM
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.
Investment Insights
Based on property information with market context.
This four-unit quadplex at 111-113 E Bennett Avenue in Mellen, WI includes apartment homes with one- and two-bedroom configurations. The property is offered as a downtown investment with a total building size of 4,264 square feet on a 0.0546-acre lot. At the time of listing, all units are occupied by tenants with yearly leases.
The building is positioned to support day-to-day convenience in historic downtown Mellen, with a grocery and a hardware store located just around the corner. Tenants have straightforward access to the amenities typically found in a downtown setting.
For buyers seeking a small multifamily holding, this property offers four separately rented apartments in a compact quadplex format. The current occupancy and in-place yearly leases provide immediate tenancy at the time of listing, while the mix of one- and two-bedroom units can appeal to a range of household sizes looking to live within downtown Mellen.
The building is positioned to support day-to-day convenience in historic downtown Mellen, with a grocery and a hardware store located just around the corner. Tenants have straightforward access to the amenities typically found in a downtown setting.
For buyers seeking a small multifamily holding, this property offers four separately rented apartments in a compact quadplex format. The current occupancy and in-place yearly leases provide immediate tenancy at the time of listing, while the mix of one- and two-bedroom units can appeal to a range of household sizes looking to live within downtown Mellen.
Key Highlights
- Four‑apartment building in Mellen’s downtown with a mix of 1‑bedroom and 2‑bedroom units
- All units are occupied by tenants with yearly leases (at the time of listing)
- Year built: 1905
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four apartment units with one- and two-bedroom layouts, currently occupied under yearly leases.
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 building in Mellen’s downtown with a mix of 1‑bedroom and 2‑bedroom units; All units are occupied by tenants with yearly leases (at the time of listing); Year built: 1905
