Two-Unit Riverfront
New
For Sale
$114,900
5121 SPRUCE ST, Laona, WI 54541
Residential, Laona, WI
Property SizeContact for details
Lot Size0.21 Acres
Days on Market2
Property Features for 5121 SPRUCE ST
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1
Parking features
Garage
Exterior features
Dock
Appliances
ElectricOven, ElectricRange, ElectricWaterHeater, Refrigerator
Directions
Turn right onto US-45 S, turn left onto US-45S/W Pine St, turn right onto US-45S, turn onto US 45 S/Superior St, turn left onto US-8 E, turn right onto N Lake Ave, turn left onto US-8 E, turn right onto Spruce St to property.
Standard status
Active
APN
018-02359-0000
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PRT SW-NW PCL WITH 50' FRNTG OF SPRUCE ST V55 P226
Tax Annual Amount
749
Legal Description
PRT SW-NW PCL WITH 50' FRNTG OF SPRUCE ST V55 P226
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public
Water front features
River Front
Water front
1
Amenities
pier
Building Details
Floors in Building
1
Flooring type
Vinyl
Building materials
Frame
Roof type
Metal
Architectural style
Other
Listing Agency:
CENTURY 21 BURKETT - LOL · Century 21 Real Estate
Listed By:
CLIFF KOLINSKY
(715) 547-3400
Added: Oct 19
Last Checked: Oct 20 at 7:06PM
MLS# 220125
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.
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Investment Insights
Based on property information with market context.
This duplex contains two matching efficiency apartments connected by interior doors that can be opened to form a single residence. The frame structure was moved to its present site and set on a new foundation. Recent mechanical updates include new furnaces and water heaters. A garage, metal roof, and vinyl flooring are also present.
The 0.21-acre property has 50 feet of level frontage on the Rat River, with a dock included. Public water and sewer serve the property. The address is 5121 Spruce St in Laona, Wisconsin.
The 0.21-acre property has 50 feet of level frontage on the Rat River, with a dock included. Public water and sewer serve the property. The address is 5121 Spruce St in Laona, Wisconsin.
Key Highlights
- Two matching efficiency apartments with connecting interior doors
- 50 feet of level Rat River frontage; dock included
- 0.21‑acre parcel at 5121 Spruce St, Laona, WI 54541
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two efficiency apartments share a connecting interior passage, with the option 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 Rat River frontage; dock included; 0.21‑acre parcel at 5121 Spruce St, Laona, WI 54541
