Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Antigo Triplex with Rental Income Title is generated by Realmo AI

    415 EDISON STREET, Antigo, WI 54409

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $109,900

    MULTI_FAMILY - Antigo, WI

    Added:
    Apr 30, 2026
    Days on Market:
    25
    Last Refresh:
    May 24 at 5:06 am

    Property Features for 415 EDISON STREET

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bedroom 2, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 1, Basement, Bathroom 2, Bedroom 3
    Standard status
    Active Under Contract

    Taxes and HOA fees

    Tax Year
    2025

    Building Details

    Year built
    1900
    Floors in Building
    2

    We can help!

    Listing Contact
    RISE REAL ESTATE TEAM

    Listing agent RISE REAL ESTATE TEAM License #59470

    Listing office JONES REAL ESTATE GROUP 325 Jefferson Street, Ste 150, Schofield, WI

    Listing date Apr 30, 2026

    MLS# 22601745 Listing URL

    Copyright © 2026 Central Wisconsin MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Vacant 2‑bedroom, 1‑bath unit available for immediate occupancy or rental.
    • Triplex property offers income potential from two rented 1‑bedroom, 1‑bath units.
    • Existing rental income of $575 and $650 per month from current tenants.
    • Suitable for both investors and owner‑occupants.
    • Convenient location near local amenities, shopping, and schools.
    • Practical layout with separate living spaces.

    Overview

    This triplex is located in Antigo and presents an opportunity for investors or owner-occupants. The property includes three units. One unit is a vacant 2-bedroom, 1-bath apartment available for immediate occupancy or rental. The other two units are 1-bedroom, 1-bath apartments, currently rented for $575 and $650 per month. The property is near local amenities, shopping, and schools. It offers a layout with separate living spaces and rental potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Antigo
    County
    Langlade
    State
    Wisconsin
    Longitude
    -89.155993
    Latitude
    45.138345

    Nearby Similar for Sale

    • $1,600,000
      52,000 SF

      Antigo Commercial Building on 14 Acres

      52,000+ sqft commercial building with heated shop on 14 acres.
      920 Bridge St, Antigo, WI 54409
      View Details
    • $115,000

      Downtown Antigo Commercial Building

      Commercial building in downtown Antigo, suitable for various ventures.
      1029 5TH AVE, Antigo, WI 54409
      View Details
    • $115,000
      1,260 SF

      Antigo Commercial Building For Sale

      Commercial building in downtown Antigo, Wisconsin, suitable for various ventures.
      1029 5TH AVENUE, Antigo, WI 54409
      View Details
    • $319,000

      Antigo Supper Club Opportunity

      Turnkey supper club with living quarters in Antigo, Wisconsin.
      1315 FORREST AVE, Antigo, WI 54409
      View Details
    • $160,000

      Remodeled Duplex in Antigo, WI

      Recently remodeled duplex with tenants in place, generating monthly income.
      1016 4TH AVENUE, Antigo, WI 54409
      View Details
    • $189,900

      Antigo Multifamily Investment Opportunity

      Well-maintained 5-unit property with income potential in Antigo, WI.
      421 EDISON STREET, Antigo, WI 54409
      View Details
    • $299,900

      Antigo Multifamily Investment Opportunity

      Two multifamily properties with eight units, offering income potential.
      415 EDISON STREET, Antigo, WI 54409
      View Details
    • $145,000

      Antigo, WI Duplex Investment

      Fully occupied duplex with potential for increased rental income.
      618 DELEGLISE STREET, Antigo, WI 54409
      View Details
    • $995,000

      Restaurant/Bar & Grill For Sale

      Well-equipped restaurant/bar & grill located on two state highways.
      410 HWY 64, ANTIGO, WI 54409
      View Details
    • $129,900

      Antigo Duplex on Corner Lot

      Duplex with long-term tenants on a large corner lot.
      206 10TH AVE, Antigo, WI 54409
      View Details
    • $379,000

      Antigo Bakery with Living Quarters

      Iconic bakery with living quarters in well-maintained brick building.
      1012 5TH AVE, Antigo, WI 54409
      View Details
    • $995,000

      Restaurant/Bar & Grill For Sale

      Well-equipped restaurant/bar & grill located at the gateway to Wisconsin's Northwoods.
      410 Hwy 64, Antigo, WI, 54409
      View Details

    FAQs

    What type of property is this?
    Triplex - Triplex in Antigo, WI with immediate rental income potential.
    Where is this triplex located?
    The property is located at 415 EDISON STREET Antigo, WI.
    What is the asking price?
    The asking price for this property is $109,900.
    What are key features of this property?
    This property features: Vacant 2‑bedroom, 1‑bath unit available for immediate occupancy or rental.; Triplex property offers income potential from two rented 1‑bedroom, 1‑bath units.; Existing rental income of $575 and $650 per month from current tenants.
    (715) 680-0019
    We can help!
    Listing Contact
    RISE REAL ESTATE TEAM
    Real Estate License ID: 59470
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    415 EDISON STREET, Antigo, WI 54409
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!