Add Listing
    Rhinelander, WI
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Rhinelander, WI Multifamily Properties for Sale

    Notify Me
    List
    Map
    Lake Tomahawk, WI Tomahawk, WI Pelican Lake, WI
    7 results
    Mixed-Use Building in Rhinelander, WI
    $449,900
    5,800 SF

    Mixed-Use Building in Rhinelander, WI

    400-406 PELHAM ST S, Rhinelander, WI 54501

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

    • Multi‑use commercial/residential building with significant income potential.
    • High‑visibility corner lot location in the heart of Rhinelander, WI.
    • Approximately 5800 sq ft of retail/office space on the main floor.
    • Five residential units: one 2‑bedroom, 1‑bath unit and four 2‑bedroom, 1‑bath apartments, plus an efficiency apartment.
    • Off‑street private paved parking.
    Updated: Oct 14, 2025
    View details
    Multi-Use Property in Rhinelander, WI
    $549,900
    9,130 SF

    Multi-Use Property in Rhinelander, WI

    400-416 PELHAM ST S, Rhinelander, WI 54501

    Multi-use property with apartments, retail, and office spaces.

    • Multi‑use property with significant income potential.
    • High‑visibility corner location in the heart of Rhinelander, WI, with high traffic count and private paved parking.
    • Building One features approx. 3330 sq ft of residential space and approx. 5800 sq ft of retail/office space, with reconfiguration potential.
    • Building Two offers approx. 2000 sq ft divided into 3 retail/office spaces with a full basement.
    • Many of the residential units have been recently remodeled.
    Updated: May 19, 2025
    View details
    Rhinelander Three-Unit Office Building
    $159,900
    2,000 SF

    Rhinelander Three-Unit Office Building

    Three-unit office building in Rhinelander with high traffic counts.

    416 PELHAM ST S, Rhinelander, WI 54501
    View details
    Rhinelander Duplex Near Hodag Park
    $59,900
    0.21 Acres

    Rhinelander Duplex Near Hodag Park

    City duplex with two units, great for investors.

    628 THAYER ST, Rhinelander, WI 54501
    View details
    Remodeled Triplex Ready for Rent
    $278,000

    Remodeled Triplex Ready for Rent

    Recently remodeled triplex with three vacant units ready for rental.

    17 W Prospect Street, Rhinelander, WI 54501
    View details
    Prime Commercial Land Opportunity
    $1,600,000
    10,800 SF

    Prime Commercial Land Opportunity

    11.3 acres of commercial land ideal for development.

    1540 Pueblo Dr, Rhinelander, WI 54501
    View details
    11.3 Acres Zoned Commercial
    $1,500,000
    10,800 SF

    11.3 Acres Zoned Commercial

    11.3 acres for development with utilities and existing facilities.

    1540 Pueblo Dr 1506, Rhinelander, WI 54501
    View details
    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 7 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Woodruff, WI Investment Opportunity
    $375,000
    0.69 Acres

    Woodruff, WI Investment Opportunity

    Duplex in Arbor Vitae with income potential and flexibility.

    11525 HARMONY LN, Woodruff, WI 54568
    View details
    Woodruff Duplex with Business Potential
    $299,900
    0.31 Acres

    Woodruff Duplex with Business Potential

    Duplex in prime location with strong rental history.

    923 LEMMA CREEK RD, Woodruff, WI 54568
    View details
    Minocqua Fourplex Investment Opportunity
    $344,900
    0.33 Acres

    Minocqua Fourplex Investment Opportunity

    Four-unit property near downtown Minocqua with income potential.

    9506 CORY LN, Minocqua, WI 54548
    View details
    Minocqua Fourplex Investment Opportunity
    $274,900
    0.37 Acres

    Minocqua Fourplex Investment Opportunity

    Fourplex in Minocqua with diverse floorplans and close to town.

    9503 CORY LN, Minocqua, WI 54548
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Menominee City Building Lot
    Contact for pricing
    0.21 Acres

    Menominee City Building Lot

    Building lot near Henes Park, ready for construction.

    605 46th Avenue, Menominee, MI 49858
    View details
    Wooded Lot in Bollig Estates
    $35,000
    2.45 Acres

    Wooded Lot in Bollig Estates

    Buildable 2.45-acre wooded lot near Nekoosa and Rainbow Casino.

    Lot 2 Bollig Court, Nekoosa, WI 54457
    View details
    Commercial Land Near Freeway
    $799,000
    9.20 Acres

    Commercial Land Near Freeway

    9 acre commercial property near freeway in Hinckley, Minnesota.

    101 Morris Avenue, Hinckley, MN 55037
    View details
    Breathtaking Farmland Development Opportunity
    $2,950,000
    74.20 Acres

    Breathtaking Farmland Development Opportunity

    72 acres of high-elevation farmland with sweeping, multi-directional views.

    Parcel C E Duck Lake Road, Suttons Bay, MI 49682
    View details

    Off-Market Properties in Rhinelander, WI

    Consider similar Off-Market properties in Rhinelander, WI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1540 Pueblo Dr
    Multifamily properties
    10,800 SF Lot: 11.31 Acres

    1540 Pueblo Dr, Rhinelander, WI 54501

    View details

    Rhinelander, WI Multifamily Properties Investment Opportunities Market Analysis

    Explore 8 multifamily properties for sale in Rhinelander, WI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 38,530 square feet of properties for sale, with an estimated market value of $4,259,700.

    Sale prices for multifamily properties in Rhinelander, WI start at $159,900, averaging $851,940, and reaching up to $1,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Apartment buildings 4
    Triplexes 2
    Duplexes 1

    Demographics Overview

    Population 21K
    Population Growth (5Y) +6.2%
    Median Household Income $68,602
    College Educated 35.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    54501 $656.8K

    Taxes & Financing

    Tax Rate (average for all types) 2.19%
    Tax Rate vs County Average 0.49 pp above county avg
    Average Loan-to-Value 65.0%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Browse Multifamily properties for Sale Near Rhinelander, WI

    Popular Searches in Rhinelander, WI

    Popular Categories

    Most Searched ZIP Codes in Rhinelander, WI

    • 54501

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!