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    Algoma, WI Multifamily Properties for Sale

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    Historic Algoma Mixed-Use Building
    $289,900
    15,000 SF

    Historic Algoma Mixed-Use Building

    300 4Th St, Algoma, WI 54201

    15,000 sq ft historic building with penthouse and rental income.

    • 3,000 sq ft penthouse with 360‑degree views of the city, Ahnapee River, and Lake Michigan.
    • Historic Algoma building with 15,000 sq ft offering many opportunities including condos, apartments, or business rental space.
    • Existing rental income from penthouse ($1,400/month) and studio apartment ($800/month).
    • Full basement plus 2 additional floors and a one‑story warehouse.
    • Penthouse includes a sauna and perimeter observation walkway.
    Updated: Jan 27
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    Lakefront 1-Bedroom Unit
    Contact for pricing
    990 SF

    Lakefront 1-Bedroom Unit

    150 Summit Beach Dr, Algoma, WI 54201

    Charming 1-bedroom unit with direct lake access.

    • Direct walk‑out access to Lake Michigan shoreline.
    • Breathtaking lake views (sunrises and night skies).
    • Income‑generating potential (rent out the unit).
    • Cozy gas log fireplace.
    • Ground‑level convenience.
    Updated: Jul 8, 2025
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Algoma, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    New Three-Bedroom Home in Sturgeon Bay
    $311,900
    1,295 SF

    New Three-Bedroom Home in Sturgeon Bay

    New construction three-bedroom, two-bath home for Door County workforce.

    934 S Geneva Ave, Sturgeon Bay, WI 54235
    View details
    Sturgeon Bay Duplex on Corner Lot
    $299,000
    1,300 SF

    Sturgeon Bay Duplex on Corner Lot

    Low-maintenance duplex with two-bedroom units and full basement.

    462/464 S Fulton Ave, Sturgeon Bay, WI 54235
    View details
    Well-Maintained Duplex with Rental History
    $410,000
    2,300 SF

    Well-Maintained Duplex with Rental History

    Green Bay duplex featuring 2-bedroom units and attached garages.

    2966 Manitowoc Rd, Green Bay, WI 54301
    View details
    Well-Maintained Duplex in Green Bay
    $200,000
    1,596 SF

    Well-Maintained Duplex in Green Bay

    Income-generating duplex near downtown Green Bay with ample parking.

    202 Irene St, Green Bay, WI 54302
    View details

    Algoma, WI Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 multifamily properties for sale in Algoma, WI on our real estate platform. These investment opportunities span a total of 14,810 square feet of properties for sale, with an estimated market value of $289,900.

    Sale prices for multifamily properties in Algoma, WI start at $289,900, averaging $289,900, and reaching up to $289,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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