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    Eagle River, WI
    Multifamily

    Eagle River, WI Multifamily Properties for Sale

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    Three Lakes, WI Conover, WI Phelps, WI St Germain, WI Land O Lakes, WI Lake Tomahawk, WI Rhinelander, WI Mcnaughton, WI
    Multifamily Property with Detached Shop
    Updated: Sep 3
    Multifamily Property with Detached Shop

    3160 NINE MILE RD, Eagle River, WI 54521

    $465,000
    2.58 AC lot
    Four residential units: a 3BR/1BA home, 1BR/1BA cabin, and two 2BR/1BA duplex apartments
    Detached, partially heated 48'x60' two‑story garage/shop totaling 2,880 sq ft
    Main home includes an attached 2‑car garage and walkout unfinished basement
    2.58 wooded acres along a paved town road
    Access to Eagle River and the Eagle River Chain of Lakes
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    Duplex with Remodeled Unit
    Updated: Aug 21
    Duplex with Remodeled Unit

    308/310 W ILLINOIS ST, Eagle River, WI 54521

    $229,900
    0.33 AC lot
    Two matching units, each with 1 bedroom and 1 bathroom
    Front residence remodeled; tenants occupy the rear unit
    0.331‑acre lot with garage and garden
    Connected to public water and sewer
    Restaurants, downtown shopping, grocery stores, and schools are walkable or a short drive away
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    Duplex with Detached Garage
    Duplex with Detached Garage

    110 S 2ND ST, Eagle River, WI 54521

    $325,900
    0.17 AC lot

    The two residences offer three bedrooms upstairs and two bedrooms on the lower level.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Remodeled Duplex
    Remodeled Duplex

    308 Illinois St, Eagle River, WI 54521

    $229,900
    1,152 sqft

    Two mirror-image units offer one-bedroom, one-bath layouts, with the front unit remodeled.

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    Established Short-Term Rental Business
    Established Short-Term Rental Business

    MAPLEWOOD LN, Eagle River, WI 54521

    $245,000

    Management agreement covers 12 condo units and includes pontoon boat rentals.

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    5 active listings match your search: Multifamily for sale in Eagle River, WI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

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

    Pub With On-Site Apartments
    Pub With On-Site Apartments

    5340 Bridge Rd, Rhinelander, WI 54543

    $330,000
    7,300 sqft 5.80 AC lot

    Includes banquet dining, three apartments, and additional space for a small retail shop or office.

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    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    66 N BROWN ST, Rhinelander, WI 54501

    $230,000
    0.21 AC lot

    Three ground-floor commercial suites and six upstairs apartments create a combination of retail and residential space.

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    Four-Bedroom Short-Term Rental Home
    Four-Bedroom Short-Term Rental Home

    3302 GARRISON LN, Phelps, WI 54554

    $299,000
    3.02 AC lot

    Vacation rental home with three baths and septic approval for six bedrooms.

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    Furnished Waterfront Rental Portfolio
    Furnished Waterfront Rental Portfolio

    2560 MILLERVILLE RD, Phelps, WI 54554

    $849,000
    0.75 AC lot

    Three furnished condominium homes offer shared lake access, private tax parcels, and flexible short-term rental or retreat use.

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    Eagle River, WI Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Eagle River, WI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 1,152 square feet of properties for sale, with an estimated market value of $1,495,700.

    Sale prices for multifamily properties in Eagle River, WI start at $229,900, averaging $299,140, and reaching up to $465,000 — 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

    Duplexes 4
    Short term rental properties 1

    Demographics Overview

    Population 8,555
    Population Growth (5Y) +9.9%
    Median Household Income $72,619
    College Educated 37.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    54521 $293.1K

    Taxes & Financing

    Tax Rate (average for all types) 1.19%
    Tax Rate vs County Average 0.10 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Vilas County

    New Delisted

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Eagle River, WI

    • 54521

    Featured Eagle River Real Estate Agencies

    Realmo connects you with licensed Eagle River CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Century 21 Burkett and Associates
    223 W Pine Street, PO Box 2001 Eagle River, WI 54521
    Phone: (715) 479-3090
    www.burkettrealty.com
    RE/MAX Property Pros
    888 WEST PINE STREET, P.O. Box 1058 Eagle River, WI 54521
    Phone: (715) 891-4948
    www.northwoodspropertypros.com
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