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    Mellen, WI
    Multifamily

    Mellen, WI Multifamily Properties for Sale

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    Glidden, WI Upson, WI Sanborn, WI Ashland, WI Mason, WI La Pointe, WI Park Falls, WI Chilton, WI
    Four-Unit Apartment Building
    Updated: Jun 19
    Four-Unit Apartment Building

    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
    4,264 square feet on 0.0546 acres
    All units occupied at listing with yearly leases
    Built in 1905 with a basement and forced‑air heating
    Public water and public sewer
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    Mixed-Use Building with Apartments
    Updated: Jun 19
    Mixed-Use Building with Apartments

    115-117 E Bennett Avenue, Mellen, WI 54546

    $250,000
    3,744 sqft 0.05 AC lot
    3,744 SF mixed‑use building with a thrift store and 2 apartments
    Built in 1905 with brick, cement siding, and wood siding
    0.0546‑acre parcel in historic downtown Mellen
    Forced‑air heating and basement
    Public water and public sewer
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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

    Mixed-use property combines a post office with residential units above.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Mellen, 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.

    Historic Short-Term Rental Property
    Historic Short-Term Rental Property

    400 Silver Street, Ironwood, MI 49938

    $199,000
    2,862 sqft 0.15 AC lot

    Commercially zoned property with multiple bedrooms, kitchens, and living areas.

    View details
    21-Unit Multifamily Portfolio
    21-Unit Multifamily Portfolio

    246 Ashland Court, Ironwood, MI 49938

    $1,092,250
    1.73 AC lot

    Commercial-zoned rental portfolio with varied apartment layouts, garage rentals, and shared resident amenities.

    View details
    Three-Unit Rental Property
    Three-Unit Rental Property

    1015 6th St W, Ashland, WI 54806

    $190,000

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

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    Updated Duplex with Natural Light
    Updated Duplex with Natural Light

    312 11th Ave E, Ashland, WI 54806

    Contact for pricing

    Two-unit residential property with refreshed flooring, spacious bedrooms, and a generous kitchen layout.

    View details

    Mellen, WI Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Mellen, WI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 11,596 square feet of properties for sale, with an estimated market value of $775,000.

    Sale prices for multifamily properties in Mellen, WI start at $250,000, averaging $258,333, and reaching up to $275,000 — 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 1
    Quadplexes 1

    Demographics Overview

    Population 1,133
    Population Growth (5Y) -6.6%
    Median Household Income $66,667
    College Educated 23.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    54546 $258.3K

    Taxes & Financing

    Tax Rate (average for all types) 2.25%
    Tax Rate vs County Average 0.18 pp below county avg
    Average Loan-to-Value 65.0%

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