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    Ashland, WI
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    Ashland, WI Multifamily Properties for Sale

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    Washburn, WI Mason, WI Bayfield, WI La Pointe, WI Grand View, WI Mellen, WI Herbster, WI Cornucopia, WI
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    37-Unit Apartment Building with Retail
    Updated: May 28
    37-Unit Apartment Building with Retail

    210 Main St W, Ashland, WI 54806

    $2,775,000
    35,078 sqft 0.48 AC lot
    37‑unit property with five commercial storefront spaces and 32 residential apartments above
    Residential units include studio, 1‑bedroom, and 2‑bedroom options
    Private bathrooms in all residential units with no shared facilities
    Coin‑operated laundry facilities on each floor
    Newer exterior windows completed within the last 10 years
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    Six-Unit Apartment Building with Storefront
    Updated: May 27
    Six-Unit Apartment Building with Storefront

    410 Main St W, Ashland, WI 54806

    $450,000
    3,485 sqft 0.08 AC lot
    Six‑unit mixed‑use building: one storefront plus five upper residential units
    Residential units are one bedroom and one bathroom each
    Tenants pay electric separately; each unit has individually zoned boiler heat
    Deck exterior feature and off‑street parking with driveway access
    Built in 2004 with flat rubber roof
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    Downtown Mixed-Use Duplex
    Downtown Mixed-Use Duplex

    516 Main St W, Ashland, WI 54806

    $395,000
    5,796 sqft

    Recently remodeled upper apartments sit above a leased main-level beauty salon with a full basement and rear off-street parking.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Mixed-Use Apartment and Retail Building
    Mixed-Use Apartment and Retail Building

    210 MAIN ST W, Ashland, WI 54806

    Contact for pricing
    35,078 sqft

    37-unit building with five main-level storefronts and coin laundry on every floor.

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    Downtown Mixed-Use Income Property
    Downtown Mixed-Use Income Property

    410 MAIN ST W, Ashland, WI 54806

    Contact for pricing
    3,485 sqft

    Six-unit mixed-use building with main-level storefront and five individually heated 1BR/1BA apartments.

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    Two-Story Duplex
    Two-Story Duplex

    221 Stuntz Ave, Ashland, WI 54806

    $69,000
    1,472 sqft

    Currently rented duplex with off-street parking, newer roof and siding, and interiors needing updates.

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    Three-Unit Rental Property
    Three-Unit Rental Property

    1015 6th St W, Ashland, WI 54806

    $205,000

    Three-unit multifamily with off-street parking and long-term tenants on month-to-month leases.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 7 Active listings in Ashland, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Mixed-Use Live-Work Building with Storefront
    Mixed-Use Live-Work Building with Storefront

    324 W Bayfield St, Washburn, WI 54891

    $329,000
    4,156 sqft 0.24 AC lot

    Fully occupied live-work building with a 2,130 SF commercial storefront and two upper apartments.

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    Triplex with Live-Work Zoning
    Triplex with Live-Work Zoning

    324 W Bayfield St, Washburn, WI 54891

    $329,000
    4,079 sqft 0.24 AC lot

    Fully occupied triplex with a commercial storefront and two leased upper apartments, with live-work zoning for owner occupancy.

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    Four-Unit Apartment Quadplex
    Four-Unit Apartment Quadplex

    111-113 E Bennett Avenue, Mellen, WI 54546

    $250,000
    4,264 sqft 0.05 AC lot

    Four apartment units with one- and two-bedroom layouts, currently occupied under yearly leases.

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    Mixed-Use Building With Apartments
    Mixed-Use Building With Apartments

    119-121 E Bennett Avenue, Mellen, WI 54546

    $275,000
    3,588 sqft 0.05 AC lot

    The commercial area houses the Mellen Post Office, while two apartments occupy the upper level.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Development Land Parcel
    Commercial Development Land Parcel

    101 Morris Avenue, Hinckley, MN 55037

    $799,000
    9.20 AC lot

    Approximately 9.2-acre commercial land parcel near highway access in Hinckley, Minnesota.

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    Aitkin Lots & Land
    Aitkin Lots & Land

    L 3&4 B3 London Town, Aitkin, MN 56431

    Contact for pricing
    0.14 AC lot

    Double lot in Sherwood Forest with shared amenities.

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    Buildable Residential Lot with Pines
    Buildable Residential Lot with Pines

    Bollig Court lot: 2, Nekoosa, WI 54457

    $35,000
    2.45 AC lot

    A wooded 2.45-acre lot with electric and fiber available at the lot line, suited for a home or cabin.

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    Menominee City Building Lot
    Menominee City Building Lot

    605 46th Avenue, Menominee, MI 49858

    Contact for pricing

    Building lot near Henes Park with utilities on site.

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    Ashland, WI Multifamily Properties Market Trends and Statistics

    Explore 7 multifamily properties for sale in Ashland, WI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 84,394 square feet of properties for sale, with an estimated market value of $3,894,000.

    Sale prices for multifamily properties in Ashland, WI start at $69,000, averaging $778,800, and reaching up to $2,775,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 4
    Duplexes 2
    Triplexes 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) +1.7%
    Median Household Income $59,556
    College Educated 33.3%

    High-Yield Neighborhoods for Investment

    Identify Ashland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    54806 $956.3K

    Taxes & Financing

    Tax Rate (average for all types) 2.52%
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

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