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Two-Unit Duplex with Detached Garage
New
For Sale
$149,900

409 Pier St, Merrill, WI 54452

Two separate apartments include private kitchens, laundry facilities, and individually metered utilities.

Property Size2,148 SF
Price / SF$69.79
Days on Market2

Property Features for 409 Pier St

General Information

Standard status Active
Size 2,148 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Amenities

main floor laundry room
utility room with laundry hookups
patio area
two-car detached garage
extra parking

Building Details

Year Built 1920
Listing Agency: Lakeplace.Com - Vacationland Properties
Listed By: Lakeland Realty
Source: Lakelandrealtywi
Added: Oct 19 Last Checked: Oct 19 at 2:13PM

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 Lakeplace.Com - Vacationland Properties

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Investment Insights

Based on property information with market context.

Built in 1920, this 2,148-square-foot duplex contains two apartments, each with two bedrooms and one full bathroom. The lower unit has a dining area in the kitchen, a living room, main-floor laundry, and access to basement storage. The upper apartment includes its own kitchen and dining area, a living room, and laundry hookups. Both units have a refrigerator and range.

A detached two-car garage, additional parking beside the garage, and a backyard patio are part of the property. Exterior steps provide access to the upper apartment. The garage needs attention.

Key Highlights

  • Two apartments, each with 2 bedrooms and 1 full bathroom
  • 2,148 square feet; built in 1920
  • Separate utility meters for both units

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

403
Businesses Nearby

Demographics for 54452, WI

18,851
Population
9,181
Households
2.1
Avg Household Size
46
Median Age
19%
College-Educated
93%
High-School Grad
438.0 sq mi
ZIP Area
43
Density / Sq Mi
$65,522
Median Household Income
$41,744
Median Earnings
$777
Median Rent
$162,500
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 - Two separate apartments include private kitchens, laundry facilities, and individually metered utilities.
Where is this duplex located?
The property is located at 409 Pier St Merrill, WI.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 full bathroom; 2,148 square feet; built in 1920; Separate utility meters for both units
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