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Rhinelander, WI Multifamily Properties for Sale

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Multi-Use Property in Rhinelander, WI
$569,900
0.70 Acres

Multi-Use Property in Rhinelander, WI

400-416 Pelham St S, Rhinelander, WI 54501

Multi-building commercial property with residential and retail/office spaces.

  • High‑visibility corner location in the heart of Rhinelander, WI with high traffic count.
  • Multi‑use property with substantial income potential from residential (6 apartments) and retail/office spaces.
  • Significant square footage: Approx. 3330 sq ft residential, 5800 sq ft retail/office in Building One, and 2000 sq ft retail/office in Building Two.
  • Private, paved off‑street parking.
  • Recently remodeled apartments.
Updated: Dec 7, 2025
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Mixed-Use Building in Rhinelander, WI
$459,900
0.53 Acres

Mixed-Use Building in Rhinelander, WI

400-406 Pelham St S, Rhinelander, WI 54501

Multi-use commercial/residential building with retail, office, and apartments.

  • High‑visibility corner lot location in the heart of Rhinelander, WI with high traffic count.
  • Multi‑use commercial/residential building with instant cash flow from currently rented units.
  • Main floor features approximately 5800 sq ft of retail/office space and an 852 sq ft 2‑bedroom 1‑bath residential unit.
  • Upper floor includes 5 - 2‑bedroom 1 bath apartments and an efficiency apartment with approximately 3300 sq feet of residential space.
  • Off‑street private paved parking.
Updated: Dec 7, 2025
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Rhinelander, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

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

Mixed-Use Investment in Three Lakes
$549,900
0.21 Acres

Mixed-Use Investment in Three Lakes

Mixed-use property with commercial space and residential units in Wisconsin.

1791 Superior St, Three Lakes, WI 54562
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Fourplex Investment Opportunity in Three Lakes
$525,000
1.12 Acres

Fourplex Investment Opportunity in Three Lakes

Four-unit multifamily property in central Three Lakes, Wisconsin.

1648 Superior St, Three Lakes, WI 54562
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Tomahawk, WI Commercial Land
$479,900
60.57 Acres

Tomahawk, WI Commercial Land

60-acre corner lot suitable for commercial or multi-unit residential development.

60 Acres Somo Ave E, Tomahawk, WI 54487
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Tomahawk Mixed-Use Property For Sale
$179,900
3,200 SF

Tomahawk Mixed-Use Property For Sale

Mixed-use property in thriving downtown Tomahawk with retail and apartments.

213 W Wisconsin Ave, Tomahawk, WI 54478
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Rhinelander, WI Multifamily Properties Investment Opportunities Market Analysis

Explore 2 multifamily properties for sale in Rhinelander, WI on our real estate platform. These investment opportunities span a total of 546,242 square feet of properties for sale, with an estimated market value of $2,629,800.

Prices for multifamily properties in Rhinelander, WI start at $459,900, averaging $876,600, and reaching up to $1,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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