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Remodeled Triplex Ready for Rent
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17 W Prospect Street, Rhinelander, WI 54501

Recently remodeled triplex with three vacant units ready for rental.

Property SizeContact for details
Days on Market161

Property Features for 17 W Prospect Street

General Information

Standard status Active
Property subtype Multifamily
Zoning R-2

Building Details

Year Built 999
Listing Agency: Shorewest, REALTORS
Listed By: Judy Mixis · License #57961-90
Source: Crexi
Added: Mar 12 Changed: Aug 8 Last Checked: Aug 8 at 2:50PM

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 Shorewest, REALTORS

Investment Insights

Based on property information with market context.

This triplex, suitable as an investment property, has been recently remodeled. It features a main floor unit with two bedrooms, one full bathroom, a new kitchen, updated bathroom, new flooring, and a washer and dryer in the partial basement, along with an enclosed front porch. Adjacent to this is another enclosed porch leading to a one-bedroom, one-bathroom main floor unit with mostly new flooring, an updated kitchen, a full bath, and large windows providing natural light. The third unit, located upstairs, includes one bedroom, one full bathroom, an updated kitchen, a new bathroom, and mostly new flooring. All three units are vacant, clean, and ready for rental.

Key Highlights

  • Remodeled Triplex: Offers immediate rental income potential.
  • Vacant Units: All units are vacant, clean, and ready for immediate occupancy.
  • Multiple Units: Includes one 2‑bedroom unit and two 1‑bedroom units.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Garden Center Computer & Electronic Repair Electrical Service Catering Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

767
Businesses Nearby

Demographics for 54501, WI

20,591
Population
12,754
Households
1.6
Avg Household Size
48
Median Age
26%
College-Educated
96%
High-School Grad
366.3 sq mi
ZIP Area
56
Density / Sq Mi
$68,602
Median Household Income
$37,578
Median Earnings
$831
Median Rent
$194,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Recently remodeled triplex with three vacant units ready for rental.
Where is this triplex located?
The property is located at 17 W Prospect Street Rhinelander, WI.
What is the asking price?
The asking price for this property is $278,000.
What are key features of this property?
This property features: Remodeled Triplex: Offers immediate rental income potential.; Vacant Units: All units are vacant, clean, and ready for immediate occupancy.; Multiple Units: Includes one 2‑bedroom unit and two 1‑bedroom units.
(715) 367-9670 Call to check price and availability
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