4-Unit Multifamily
1428 4th Avenue South, Park Falls, WI 54552
For Sale
New
$219,900
A varied unit mix, updated interiors, and tenant laundry serve this income-producing property.
Property Size4,640 SF
Price / SF$47.39
Days on Market5
Property Features for 1428 4th Avenue South
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Utilities to Site
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Amenities
coin-operated laundry
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Northwoods Realty
Listed By:
Cala Neu · License WI 58726-90
(715) 820-0636
Source:
Howardandwilliams
Added: Nov 10
Changed: Nov 11
Last Checked: Nov 13 at 5:27PM
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 Northwoods Realty
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Investment Insights
Based on property information with market context.
This 4,640-square-foot, four-unit property was built in 1920 and includes two two-bedroom, one-bath units, one one-bedroom, one-bath unit, and a studio. Units 1, 2, and 4 have been remodeled; Unit 3 has updated windows. Each unit has separate electric service and its own water heater, with LP boiler heat. A coin-operated washer and dryer are located in the basement. The property uses a private well and a mound septic system installed in 2004, and is zoned Commercial.
The property sits on State Highway 13, south of Park Falls, with the town’s amenities described as minutes away. The setting is characterized as rural. The property combines a four-unit configuration with a range of unit sizes and shared basement laundry facilities.
The property sits on State Highway 13, south of Park Falls, with the town’s amenities described as minutes away. The setting is characterized as rural. The property combines a four-unit configuration with a range of unit sizes and shared basement laundry facilities.
Key Highlights
- Four units: two 2‑bedroom, 1‑bath units, one 1‑bedroom, 1‑bath unit, and one studio
- 4,640 square feet; built in 1920
- Units 1, 2, and 4 remodeled; Unit 3 features updated windows
Property Analytics
Who owns this building?
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Lease Details
4
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - A varied unit mix, updated interiors, and tenant laundry serve this income-producing property.
Where is this quadplex located?
The property is located at 1428 4th Avenue South Park Falls, WI.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Four units: two 2‑bedroom, 1‑bath units, one 1‑bedroom, 1‑bath unit, and one studio; 4,640 square feet; built in 1920; Units 1, 2, and 4 remodeled; Unit 3 features updated windows
