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Riverfront Duplex
New
For Sale
$114,900

5121 Spruce St, Laona, WI 54541

Two matching efficiency apartments can be connected through interior doors to create a single residence.

Property Size560 SF
Price / SF$205.18
Days on Market3

Property Features for 5121 Spruce St

General Information

Standard status Active
Size 560 SF
Property subtype Multi-Family

Units

Unit Mix 2 x efficiency
Multifamily Units 2

Amenities

pier

Building Details

Buildings 1
Listing Agency: Eliason Realty - Eagle River
Listed By: Lakeland Realty
Source: Lakelandrealtywi
Added: Oct 20 Changed: Oct 21 Last Checked: Oct 20 at 5:02PM

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 Eliason Realty - Eagle River

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Investment Insights

Based on property information with market context.

This duplex contains two matching efficiency apartments, with connecting interior doors that allow the units to be joined as one residence. The building was moved to its present location and set on a new foundation. Recent upgrades include furnaces and water heaters.

The property has 50 feet of level frontage on the Rat River, with a pier included, and a grassy yard.

Key Highlights

  • Two matching efficiency apartments with connecting interior doors
  • 50 feet of level frontage on the Rat River
  • Pier included

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

72
Businesses Nearby

Demographics for 54541, WI

1,325
Population
826
Households
1.6
Avg Household Size
50
Median Age
16%
College-Educated
89%
High-School Grad
136.5 sq mi
ZIP Area
10
Density / Sq Mi
$57,083
Median Household Income
$35,500
Median Earnings
$613
Median Rent
$154,000
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 matching efficiency apartments can be connected through interior doors to create a single residence.
Where is this duplex located?
The property is located at 5121 Spruce St Laona, WI.
What is the asking price?
The asking price for this property is $114,900.
What are key features of this property?
This property features: Two matching efficiency apartments with connecting interior doors; 50 feet of level frontage on the Rat River; Pier included
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