Multifamily

Eagle River, WI Multifamily Properties for Sale

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Sugar Camp, WI Three Lakes, WI Conover, WI Plum Lake, WI Phelps, WI St Germain, WI Land O Lakes, WI Lake Tomahawk, WI
6 properties
Remodeled Duplex Property
Updated: Aug 21
Remodeled Duplex Property

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

$229,900
0.33 AC lot
Two‑unit duplex with 1 bedroom and 1 bathroom in each unit
Front unit remodeled; rear unit currently tenant occupied
0.331‑acre parcel with garage and garden area
Public water and public sewer service
Tenants pay gas, electric, Wi‑Fi, and snowplowing
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Duplex with Detached Garage
Updated: Aug 27
Duplex with Detached Garage

110 2ND ST S, Eagle River, WI 54521

$325,900
0.17 AC lot
Approximately 2,700 square feet of total living space
Upper unit with 3 bedrooms and 1 bathroom
Lower unit with 2 bedrooms and 1 bathroom
Detached garage with driveway parking
0.165‑acre lot within the city of Eagle River
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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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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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Duplex With Detached Garage
Duplex With Detached Garage

110 S 2nd St, Eagle River, WI 54521

$325,900
2,742 sqft

Two-unit property with separate residences and a detached garage for parking and storage.

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Remodeled Two-Unit Duplex
Remodeled Two-Unit Duplex

308/310 W Illinois St, Eagle River, WI 54521

$229,900
1,152 sqft

City water and sewer serve both residential units near downtown Eagle River amenities.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Eagle River, WI, we suggest exploring several alternatives: 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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Four-Bedroom Short-Term Rental Home
Four-Bedroom Short-Term Rental Home

3302 GARRISON LN, Phelps, WI 54554

$319,000
3.02 AC lot

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

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

151 Brown St N, Rhinelander, WI 54501

$850,000

Refurbished brick building combines restaurant operations with two occupied residential apartments.

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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 6 multifamily properties for sale in Eagle River, WI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 5,046 square feet of properties for sale, with an estimated market value of $1,586,500.

Sale prices for multifamily properties in Eagle River, WI start at $229,900, averaging $264,416, and reaching up to $325,900 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 5
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 $465.9K

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

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