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Waterfront Multifamily Property
For Sale
$599,000

607 N 4th St, Tomahawk, WI 54487

Three separate residences offer flexible layouts, private entrances, and direct access to Lake Mohawksin.

Property Size3,062 SF
Price / SF$195.62
Days on Market52

Property Features for 607 N 4th St

General Information

Standard status Active
Size 3,062 SF
Property subtype Multi-Family

Site & Location

Road Access Yes
Utilities to Site Yes

Units

Unit Mix 2-bedroom main home, 1-bedroom cottage, 1-bedroom cabin with sleeping loft
Multifamily Units 3
Listing Agency: Century 21 In Good Company
Listed By: Lakeland Realty · License #43068
Source: Lakelandrealtywi
Added: Jul 9 Changed: Aug 28 Last Checked: Aug 26 at 12:44PM

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 Century 21 In Good Company

Investment Insights

Based on property information with market context.

This 3,062-square-foot multifamily property includes three independent residences: a two-bedroom main home, a one-bedroom cottage, and a one-bedroom cabin with a sleeping loft. The dwellings collectively provide five bedrooms and four bathrooms, with each unit offering its own kitchen, bathroom, private entrance, and functional living arrangement. The cabin includes an attached two-car garage, and a second garage provides additional storage for vehicles, boats, equipment, or recreational gear.

Set on a level Lake Mohawksin peninsula, the property has nearly 300 feet of lake frontage, wooded privacy, water views, city utilities, and direct access to the lake and Wisconsin River system. The location is walkable to downtown Tomahawk and minutes from restaurants, shops, groceries, trails, and everyday conveniences. Potential applications described for the property include short-term rentals, boutique or retreat lodging, staff housing, multigenerational living, and owner-occupied rental use, subject to verification of zoning, licensing, and permitted uses.

Key Highlights

  • Nearly 300 feet of level Lake Mohawksin frontage
  • Three independent living spaces with private entrances and separate kitchens and bathrooms
  • Five total bedrooms and four bathrooms

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Storage Facility HVAC Service Plumbing Service Skin Care Clinic

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

3
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

338
Businesses Nearby

Demographics for 54487, WI

9,750
Population
7,200
Households
1.4
Avg Household Size
53
Median Age
23%
College-Educated
93%
High-School Grad
290.6 sq mi
ZIP Area
34
Density / Sq Mi
$76,712
Median Household Income
$45,830
Median Earnings
$612
Median Rent
$223,700
Median Home Value

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?
Multifamily property - Three separate residences offer flexible layouts, private entrances, and direct access to Lake Mohawksin.
Where is this multifamily property located?
The property is located at 607 N 4th St Tomahawk, WI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Nearly 300 feet of level Lake Mohawksin frontage; Three independent living spaces with private entrances and separate kitchens and bathrooms; Five total bedrooms and four bathrooms
More about this property
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