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Updated Triplex with Historic Character
New
For Sale
$319,900

116 14th Ave E, Ashland, WI 54806

Three distinct suites combine updated interiors, original architectural details, and private in-suite laundry.

Property Size5,824 SF
Days on Market5

Property Features for 116 14th Ave E

General Information

Standard status Active
Size 5,824 SF
Total Parking Spaces 2
Property subtype Triplex

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $4,066

Amenities

dedicated laundry
partially fenced backyard

Building Details

Building Size 5,824 SF
Year Built 1904
Buildings 1
Listing Agency: Anthony Jennings & Crew Real Estate LLC
Listed By: Anthony I Jennings · License #93850194
Source: Visionsfirstrealty
Added: Aug 15 Changed: Aug 18 Last Checked: Aug 18 at 4:15AM

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 Anthony Jennings & Crew Real Estate LLC

Investment Insights

Based on property information with market context.

Built in 1904, this three-suite property pairs contemporary updates with retained architectural details. The two main-level suites and upper-level residence each offer distinct layouts, while the upper suite includes an open-concept design, high ceilings, a primary ensuite, two additional bedrooms, and bathrooms. Every suite has dedicated laundry within the unit.

A renovated main-level suite incorporates restored vintage elements from its former bar configuration, including original tin-overlay ceilings, a 20-foot birch bar, and two booths. Additional improvements include a detached two-car garage, full basement, and partially fenced backyard with greenspace. The property occupies an almost half-acre corner lot and sits a few blocks from Lake Superior beaches and downtown Ashland shops and restaurants.

Key Highlights

  • Three‑suite triplex with two main‑level units and one upper‑level suite
  • Upper suite includes open‑concept living, high ceilings, primary ensuite, two bedrooms, and bathrooms
  • Renovated main‑level suite retains original tin‑overlay ceilings, a 20‑foot birch bar, and two booths

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Dental Office Plumbing Service Locksmith Bakery Garden Center

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

Location Intelligence

Trade Area within ½ mile

154
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
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Frequently Asked Questions

What type of property is this?
Triplex - Three distinct suites combine updated interiors, original architectural details, and private in-suite laundry.
Where is this triplex located?
The property is located at 116 14th Ave E Ashland, WI.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Three‑suite triplex with two main‑level units and one upper‑level suite; Upper suite includes open‑concept living, high ceilings, primary ensuite, two bedrooms, and bathrooms; Renovated main‑level suite retains original tin‑overlay ceilings, a 20‑foot birch bar, and two booths
More about this property
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