Building Details

Year Built 1930

Stories 2

Units 4

Listing Agency: Coldwell Banker Action f***@coldwellbankeraction.com Show Phone

Listed By: Lacerte Team Show Phone

Source: Freedom-choice

Added: Jun 3, 2025 Changed: Oct 23 Last Checked: Oct 23 at 3:57PM

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Investment Insights

Based on property information with market context.

Built in 1930 and zoned Multi-Family, this Merrill property contains two-bedroom, one-bathroom units. Within the past five years, kitchens, windows, bathrooms, and flooring were updated in all but one unit. The roof and siding were also completed during that period.

Each unit has separate utilities, with tenants responsible for all utility costs. The seller has nine additional rental properties that may be considered as part of a package.

Key Highlights

• Two‑bedroom, one‑bathroom units
• Kitchens, windows, bathrooms, and flooring updated in all but one unit within the past 5 years
• Roof and siding completed within the past 5 years

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Location Intelligence

Trade Area within ½ mile

85

Businesses Nearby

Explore this area Business Placement

Demographics for 54452, WI

18,851

Population

9,181

Households

2.1

Avg Household Size

46

Median Age

19%

College-Educated

93%

High-School Grad

438.0 sq mi

ZIP Area

43

Density / Sq Mi

$65,522

Median Household Income

$41,744

Median Earnings

$777

Median Rent

$162,500

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?

Multifamily property - Separate utilities serve the units, and tenants pay all utility costs.

Where is this multifamily property located?

The property is located at 1322 W Main Street Merrill, 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: Two‑bedroom, one‑bathroom units; Kitchens, windows, bathrooms, and flooring updated in all but one unit within the past 5 years; Roof and siding completed within the past 5 years