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Remodeled Two-Unit Duplex
For Sale
$289,000

222 E PROSPECT AVE, Tomahawk, WI 54487

Residential, Tomahawk, WI

Property SizeContact for details
Lot Size0.16 Acres
Days on Market65

Property Features for 222 E PROSPECT AVE

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Laundry Room, Bathroom 2, Bathroom 1, Basement, Bedroom 3, Bedroom 4
Parking features Garage
Patio and Porch features Deck
Interior features CeilingFans
Exterior features Deck
Appliances Dryer, Dishwasher, ExhaustFan, ElectricOven, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator, Washer
Subdivision Tomahawk Land & Boom Cos Add 01
Lot features Level
Elementary school LI Tomahawk
Middle school LI Tomahawk
High school LI Tomahawk
Directions In Tomahawk, east on Prospect Ave. to property on right. Sign on property.
Standard status Active
APN 286-3506-343-0454
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description TOMAHAWK LAND & BOOM CO'S FIRST ADD'N LOT 5 BLK 43 *643
Tax Annual Amount 1398
Legal Description TOMAHAWK LAND & BOOM CO'S FIRST ADD'N LOT 5 BLK 43 *643

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Window Unit(s)
Water source Public

Amenities

in-unit laundry

Building Details

Year built 1943
Floors in Building 2
Flooring type Tile, Laminate, Carpet
Building materials Frame, WoodSiding
Roof type Shingle, Metal, Composition
Architectural style Other
Listing Agency: NORTHWOODS COMMUNITY REALTY, LLC
Listed By: DEONN GRAEBER · License #84154 - 94
Added: Aug 14 Changed: Oct 17 Last Checked: Oct 17 at 4:06PM
MLS# 219090

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.

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Investment Insights

Based on property information with market context.

This two-story duplex in Tomahawk contains two apartments, each arranged with two bedrooms and one bathroom. Updates include kitchens, baths, electrical, drywall, flooring, lighting, fixtures, doors, trim, siding, soffits, and paint. Both units have in-unit laundry, separate utilities, and a garage stall within the attached two-car garage. The lower apartment also has a full basement and covered porch; attic insulation and knee walls have been added.

Built in 1943, the property occupies a 0.1629-acre lot at 222 E Prospect Ave. Public water and sewer serve the building. The apartments have no rental history.

Key Highlights

  • Two apartments, each with 2 bedrooms and 1 bathroom
  • Attached 2‑car garage with one stall for each apartment
  • Separate utilities and in‑unit laundry in both units

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Storage Facility Carpet & Flooring Store

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

334
Businesses Nearby

Demographics for 54487, WI

9,750
Population
7,200
Households
1.4
Avg Household Size
53
Median Age
23%
College-Educated
93%
High-School Grad
290.6 sq mi
ZIP Area
34
Density / Sq Mi
$76,712
Median Household Income
$45,830
Median Earnings
$612
Median Rent
$223,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each apartment has its own laundry and utility service, with one garage stall assigned to each level.
Where is this duplex located?
The property is located at 222 E PROSPECT AVE Tomahawk, WI.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 bathroom; Attached 2‑car garage with one stall for each apartment; Separate utilities and in‑unit laundry in both units
More about this property
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