Four-Unit Multifamily
New
For Sale
$244,900
1428 4TH AVE S, Park Falls, WI 54552
CommercialSale, Park Falls, WI
Property SizeContact for details
Lot Size1.00 Acre
Days on Market4
Property Features for 1428 4TH AVE S
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bathroom 2, Bedroom 3, Bathroom 4, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 5
Parking features
Driveway
Lot features
Rural Lot, Wooded
Directions
Heading South of Park Falls, Take the 2nd Right on Hwy 13.
Standard status
Active
APN
271-1127-05 000
Lot size
1.00 Acre
Taxes and HOA fees
Tax Year
2025
Tax Description
25-40-1W PRT OF GOVT LOT 6 PCL W OF HWY 13 PCL DESC IN 403399
Tax Annual Amount
2015
Legal Description
25-40-1W PRT OF GOVT LOT 6 PCL W OF HWY 13 PCL DESC IN 403399
Utilities
Sewer type
Mound Septic
Heating system
Hot Water(Heating), Propane (Heating)
Water source
Well
Amenities
coin-operated laundry
Building Details
Floors in Building
1
Number of units
4
Flooring type
Vinyl
Building materials
Cedar, Frame
Roof type
Metal, Composition, Shingle
Listing Agency:
NORTHWOODS REALTY
(715) 339-4663
Listed By:
CALA NEU · License #58726 - 90
(715) 820-0636
Added: Aug 20
Changed: Aug 21
Last Checked: Aug 23 at 3:06PM
MLS# 219155
Copyright © 2026 Greater Northwoods MLS. 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 multifamily property includes two two-bedroom, one-bath residences, one one-bedroom, one-bath residence, and a studio. Units 1, 2, and 4 have been remodeled, while Unit 3 includes updated windows and has been maintained. Each residence has separate electric service, an individual water heater, and LP boiler heat. A basement laundry area contains coin-operated washers and dryers. The building has cedar and frame construction, vinyl flooring, and a combination metal, composition, and shingle roof.
Set on 1 acre at 1428 4TH AVE S in Park Falls, Wisconsin, the property is positioned just south of the community along State Highway 13. Water is supplied by a private well, and wastewater is handled by a mound septic system installed in 2004. The setting provides access to Park Falls amenities, nearby lakes and forests, the Flambeau River, Chequamegon-Nicolet National Forest, Tuscobia State Trail, and regional ATV and snowmobile trails.
Set on 1 acre at 1428 4TH AVE S in Park Falls, Wisconsin, the property is positioned just south of the community along State Highway 13. Water is supplied by a private well, and wastewater is handled by a mound septic system installed in 2004. The setting provides access to Park Falls amenities, nearby lakes and forests, the Flambeau River, Chequamegon-Nicolet National Forest, Tuscobia State Trail, and regional ATV and snowmobile trails.
Key Highlights
- Four‑unit mix: two 2‑bedroom units, one 1‑bedroom unit, and one studio
- Units 1, 2, and 4 remodeled; Unit 3 has updated windows
- Separate electric service and individual water heaters for each unit
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Explore this area
Business Placement
Demographics for 54552, WI
4,381
Population
3,602
Households
1.2
Avg Household Size
54
Median Age
15%
College-Educated
93%
High-School Grad
360.3 sq mi
ZIP Area
12
Density / Sq Mi
$58,389
Median Household Income
$42,773
Median Earnings
$882
Median Rent
$127,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Distinct unit layouts include remodeled interiors, separate electric service, and basement coin-operated laundry.
Where is this quadplex located?
The property is located at 1428 4TH AVE S Park Falls, WI.
What is the asking price?
The asking price for this property is $244,900.
What are key features of this property?
This property features: Four‑unit mix: two 2‑bedroom units, one 1‑bedroom unit, and one studio; Units 1, 2, and 4 remodeled; Unit 3 has updated windows; Separate electric service and individual water heaters for each unit
