Multi-Building Multifamily
For Sale
$349,900
914 S 4TH AVE, Park Falls, WI 54552
CommercialSale, Park Falls, WI
Property SizeContact for details
Lot Size1.02 Acres
Days on Market100
Property Features for 914 S 4TH AVE
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
10
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 3, Bedroom 9, Bedroom 7, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 4, Bathroom 6, Bedroom 4, Bedroom 10, Bedroom 8, Bedroom 5, Bathroom 8, Bathroom 3, Bedroom 2, Bedroom 6, Bathroom 5, Bathroom 7
Parking features
Driveway
Directions
On State HWY 13 S, Property will be on the west side of Hwy 13
Standard status
Active
APN
271-103004000
Lot size
1.02 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SOUTH TOWN ADDITION TO PARK FALLS LOT 6 BLOCK D EXCPT PCL 29 TPP METAL CABINET #98
Tax Annual Amount
5139
Legal Description
SOUTH TOWN ADDITION TO PARK FALLS LOT 6 BLOCK D EXCPT PCL 29 TPP METAL CABINET #98
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating), Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Number of units
8
Flooring type
Vinyl, Mixed, Carpet
Building materials
VinylSiding
Roof type
Shingle, Metal, Composition
Buildings
10
Listing Agency:
NORTHWOODS REALTY
(715) 339-4663
Listed By:
CALA NEU · License #58726 - 90
(715) 820-0636
Added: Jul 17
Changed: Oct 23
Last Checked: Oct 24 at 12:06PM
MLS# 218534
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 1.018-acre multifamily property includes a triplex with two studio apartments and one one-bedroom, one-bathroom apartment, plus a separate four-unit building configured with studio accommodations and private bathrooms. Three units in the four-unit building have furnishings and kitchenette areas; the fourth is ready for renovation. Five detached cabins are included in as-is condition, along with a three-bedroom, one-bathroom house requiring extensive remodeling. A garage and storage shed round out the property, with driveway parking available.
The property has access from State Hwy 13 and 5th Avenue. The triplex has vinyl and carpet flooring, compact kitchenettes with full-size refrigerators, forced-air heat installed in 2024, and central air. Public water and sewer serve the property.
The property has access from State Hwy 13 and 5th Avenue. The triplex has vinyl and carpet flooring, compact kitchenettes with full-size refrigerators, forced-air heat installed in 2024, and central air. Public water and sewer serve the property.
Key Highlights
- 1.018‑acre multifamily property with several residential and lodging buildings
- Triplex contains two studio apartments and one 1 BR, 1 BA apartment
- Separate four‑unit building has studio‑style units with private baths; three are seller‑furnished
Property Analytics
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Lease Details
8
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
Business Placement
Demographics for 54552, WI
4,381
Population
3,602
Households
1.2
Avg Household Size
54
Median Age
15%
College-Educated
93%
High-School Grad
360.3 sq mi
ZIP Area
12
Density / Sq Mi
$58,389
Median Household Income
$42,773
Median Earnings
$882
Median Rent
$127,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Multifamily property - A mix of apartment units, studio accommodations, cabins, and a house creates several distinct rental and renovation components.
Where is this multifamily property located?
The property is located at 914 S 4TH AVE Park Falls, WI.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 1.018‑acre multifamily property with several residential and lodging buildings; Triplex contains two studio apartments and one 1 BR, 1 BA apartment; Separate four‑unit building has studio‑style units with private baths; three are seller‑furnished
