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Algoma, WI Multifamily Properties for Sale

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Historic Algoma Mixed-Use Building
$284,900
15,000 SF

Historic Algoma Mixed-Use Building

300 4th St, Algoma, WI 54201

15,000 sq ft mixed-use building with penthouse and warehouse.

  • 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: Apr 10
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Algoma Investment Property For Sale
$315,000
2,800 SF

Algoma Investment Property For Sale

409 3rd St, Algoma, WI 54201

Multi-family property in Algoma, Wisconsin with recent updates.

  • $2900 monthly rental income.
  • 3 out of 4 units updated in the last 5 years.
  • Roof is 2 years old.
  • Fresh paint (last year).
  • Garage parking.
Updated: Apr 22
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Based on your search, we've compiled 2 Potential Opportunities for your consideration. Besides 2 Active listings in Algoma, WI, we suggest exploring several alternatives:

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 17,800 square feet of properties for sale, with an estimated market value of $599,900.

Sale prices for multifamily properties in Algoma, WI start at $284,900, averaging $299,950, and reaching up to $315,000 — 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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