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Two-Unit Duplex with Garage
New
For Sale
$229,900

494/496 FLAMBEAU AVE, Phillips, WI 54555

CommercialSale, Phillips, WI

Property Size900 SF
Lot Size0.25 Acres
Price / SF$255.44
Days on Market5

Property Features for 494/496 FLAMBEAU AVE

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3
Parking features Garage, Driveway
Lot features Level, Wooded
Directions In Phillips from HWY 13; Turn right onto Beebe St- 259 ft, R onto County Hwy W/Flambeau Ave- 0.2 mi. 494/496 Flambeau Ave Phillips, WI 54555
Standard status Active
APN 25690, 25620
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PALM'S ADDITION TO PHILLIPS S 100' OF BLOCK 3
Tax Annual Amount 3080
Legal Description PALM'S ADDITION TO PHILLIPS S 100' OF BLOCK 3

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Amenities

concrete patio
private deck
laundry facilities

Building Details

Floors in Building 1
Number of units 2
Flooring type Laminate
Building materials Frame, VinylSiding
Roof type Shingle, Composition
Listing Agency: NORTHWOODS REALTY
Listed By: CALA NEU · License #58726 - 90
Added: Oct 9 Last Checked: Oct 13 at 2:06AM
MLS# 219996

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.

This duplex contains two residences, each with two bedrooms, one full bathroom, an eat-in kitchen, and a living room. Each unit has approximately 900 finished square feet and separate entry to a divided basement with laundry. Unit 496 has updated flooring, paint, blinds, refrigerator, pantry, and a newer washer and dryer. The units have independent mechanical systems and utility meters, forced-air natural gas furnaces, and central air conditioning. A detached two-car garage includes an owner’s storage room and workbench. The 0.252-acre property also provides a concrete patio for Unit 496 and a private deck for Unit 494.

The property is in Phillips, near local shopping, restaurants, and everyday services. The Phillips Chain of Lakes, area parks, and ATV and snowmobile trails are also nearby. Public water and sewer serve the property.

Key Highlights

  • Two residences, each with 2 bedrooms, 1 bathroom, and approximately 900 finished square feet
  • Separate mechanical systems and utility meters for each unit
  • Detached two‑car garage with owner’s storage room and workbench

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Plumbing Service Auto Repair Shop Storage Facility Kitchen & Bath Showroom Computer & Electronic Repair

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

291
Businesses Nearby

Demographics for 54555, WI

4,887
Population
3,553
Households
1.4
Avg Household Size
52
Median Age
23%
College-Educated
95%
High-School Grad
364.2 sq mi
ZIP Area
13
Density / Sq Mi
$58,613
Median Household Income
$38,094
Median Earnings
$836
Median Rent
$172,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Two independent residences feature private outdoor areas, separate utilities, and basement laundry facilities.
Where is this duplex located?
The property is located at 494/496 FLAMBEAU AVE Phillips, WI.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms, 1 bathroom, and approximately 900 finished square feet; Separate mechanical systems and utility meters for each unit; Detached two‑car garage with owner’s storage room and workbench
More about this property
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