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    Phelps, WI Multifamily Properties for Sale

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    Conover, WI Eagle River, WI Stambaugh, MI Land O Lakes, WI Watersmeet, MI Three Lakes, WI Long Lake, WI Plum Lake, WI
    Four-Bedroom Short-Term Rental Home
    Updated: Jul 16
    Four-Bedroom Short-Term Rental Home

    3302 GARRISON LN, Phelps, WI 54554

    $379,000
    3.02 AC lot
    Four‑bedroom, three‑bath home on 3.02 acres
    Septic system approved for a 6‑bedroom capacity
    Established short‑term rental history
    Near area lakes and trail systems
    Forced‑air natural gas heating
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    Furnished Waterfront Rental Portfolio
    Updated: Jul 28
    Furnished Waterfront Rental Portfolio

    2560 MILLERVILLE RD, Phelps, WI 54554

    $849,000
    0.75 AC lot
    Three fully furnished waterfront condominium homes offered together
    Combined configuration of 6 bedrooms and 4 bathrooms
    0.75 acres with frontage on 2,788‑acre North Twin Lake
    Each residence has its own tax parcel within one condominium declaration
    5,000‑lb. power boat lift with solar charger plus two additional dock sections
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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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Phelps, 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.

    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 Private Sauna
    Duplex with Private Sauna

    111 Little Deer Road, Iron River, MI 49935

    $279,900
    2,000 sqft 0.40 AC lot

    Dual-unit chalet with decks, fireplaces, multiple bedrooms, and a shared outdoor hot tub near Ski Brule.

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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.

    View details
    Renovated Duplex with Detached Garage
    Renovated Duplex with Detached Garage

    112 Little Deer Road, Iron River, MI 49935

    $369,900
    2,373 sqft

    Two residential units combine updated interiors with private outdoor amenities and supplemental storage capacity.

    View details

    Phelps, WI Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Phelps, WI on our real estate platform.

    Sale prices for multifamily properties in Phelps, WI start at $379,000, averaging $614,000, and reaching up to $849,000 — 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

    Short term rental properties 2

    Demographics Overview

    Population 1,099
    Population Growth (5Y) +14.5%
    Median Household Income $58,478
    College Educated 25.2%

    Taxes & Financing

    Tax Rate (average for all types) 1.08%
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Vilas County

    New Delisted

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