Multifamily Property with Detached
For Sale
$465,000
3160 NINE MILE RD, Eagle River, WI 54521
CommercialSale, Eagle River, WI
Property SizeContact for details
Lot Size2.58 Acres
Days on Market34
Property Features for 3160 NINE MILE RD
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 6, Bedroom 7, Bedroom 1, Bedroom 4, Bedroom 8, Bedroom 3, Bedroom 5, Bathroom 4, Bathroom 3
Lot features
Level, Private, Rolling Slope, Secluded, Wooded
Directions
Hwy 70 E to R on E Cranberry Lake Rd, L on E Bass Lake Rd, R on Nine Mile Rd to property on L.
Standard status
Active
APN
26-2770
Lot size
2.58 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PRT GOVT LOT 2
Tax Annual Amount
1843
Legal Description
PRT GOVT LOT 2
Utilities
Heating system
Propane (Heating), Forced Air
Cooling system
Central Air
Water source
Well
Building Details
Flooring type
Carpet, Vinyl
Building materials
Frame, Log, LogSiding, WoodSiding
Roof type
Composition, Shingle, Metal
Additional Structures
Outbuilding
Listing Agency:
REDMAN REALTY GROUP, LLC
(715) 358-0450
Listed By:
RENEE & CHAD RASMUSSEN TEAM · License #71524 - 94
(715) 614-3325
Added: Sep 3
Changed: Sep 30
Last Checked: Oct 6 at 9:06AM
MLS# 219855
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.
The property brings together a 3-bedroom, 1-bath main home, a separate 1-bedroom, 1-bath cabin, and a duplex with a 2-bedroom, 1-bath apartment on each floor. The home has an attached two-car garage, a walkout unfinished basement, a metal roof, vinyl flooring, and central air conditioning. A detached, partially heated garage and shop measures 48 by 60 feet and spans two stories. The cabin has its own furnace, along with a separate basement furnace.
Set on 2.58 wooded acres along a paved town road, the property has access to Eagle River, area businesses and services, and the Eagle River Chain of Lakes.
Set on 2.58 wooded acres along a paved town road, the property has access to Eagle River, area businesses and services, and the Eagle River Chain of Lakes.
Key Highlights
- Four residential units: a 3BR/1BA home, 1BR/1BA cabin, and two 2BR/1BA duplex apartments
- Detached, partially heated 48'x60' two‑story garage/shop totaling 2,880 sq ft
- Main home includes an attached 2‑car garage and walkout unfinished basement
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 54521, WI
8,317
Population
7,687
Households
1.1
Avg Household Size
54
Median Age
29%
College-Educated
96%
High-School Grad
188.4 sq mi
ZIP Area
44
Density / Sq Mi
$72,619
Median Household Income
$40,006
Median Earnings
$913
Median Rent
$275,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Four residential units include a main home, a cabin, and a two-level duplex, with a separate garage and shop on site.
Where is this multifamily property located?
The property is located at 3160 NINE MILE RD Eagle River, WI.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Four residential units: a 3BR/1BA home, 1BR/1BA cabin, and two 2BR/1BA duplex apartments; Detached, partially heated 48'x60' two‑story garage/shop totaling 2,880 sq ft; Main home includes an attached 2‑car garage and walkout unfinished basement
