Renovated Triplex with Private
New
For Sale
$897,000
5256 Hwy 51, Manitowish Waters, WI 54545
Three furnished units connect internally and share a centrally placed laundry room.
Property Size3,253 SF
Price / SF$275.75
Days on Market3
Property Features for 5256 Hwy 51
General Information
Standard status
Active
Size
3,253 SF
Property subtype
Commercial
Zoning
Community Business
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Furnished
Yes
Asking Price
$897,000
Multifamily Units
3
Amenities
common laundry room
private gated entrance
Building Details
Buildings
1
Listing Agency:
REDMAN REALTY GROUP, LLC
Listed By:
Linda Long Team · License #42304
(715) 543-2544
Source:
Dreamnorthre
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 6 at 2:49AM
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 REDMAN REALTY GROUP, LLC
Investment Insights
Based on property information with market context.
Renovated triplex with 3,253 square feet, configured as three furnished units. Each unit has its own exterior entrance, and secure interior connections link the spaces. A central laundry room serves the building, and a gated entry provides controlled access. Community Business zoning supports a range of potential configurations, including residential or office use, as well as short- or long-term rentals.
The property fronts USH 51, where the Wisconsin DOT reports 4,600 vehicles per day. Snowmobile trails, biking paths, and a boat landing serving the Manitowish Chain of Lakes are nearby. Behind the building, close to an acre has separate access from Townline Road and may accommodate additional improvements, subject to applicable requirements.
The property fronts USH 51, where the Wisconsin DOT reports 4,600 vehicles per day. Snowmobile trails, biking paths, and a boat landing serving the Manitowish Chain of Lakes are nearby. Behind the building, close to an acre has separate access from Townline Road and may accommodate additional improvements, subject to applicable requirements.
Key Highlights
- Renovated 3,253‑square‑foot triplex with three furnished units
- Each unit has a private exterior entrance, with secure interior connections between units
- Central shared laundry room and gated entrance
Property Analytics
Current Use
Lease Details
3
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 54545, WI
852
Population
1,328
Households
0.6
Avg Household Size
63
Median Age
53%
College-Educated
99%
High-School Grad
48.3 sq mi
ZIP Area
18
Density / Sq Mi
$80,607
Median Household Income
$44,453
Median Earnings
$1,107
Median Rent
$647,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three furnished units connect internally and share a centrally placed laundry room.
Where is this triplex located?
The property is located at 5256 Hwy 51 Manitowish Waters, WI.
What is the asking price?
The asking price for this property is $897,000.
What are key features of this property?
This property features: Renovated 3,253‑square‑foot triplex with three furnished units; Each unit has a private exterior entrance, with secure interior connections between units; Central shared laundry room and gated entrance
