Rhinelander, WI Multifamily properties for sale

Updated: Oct 14, 2025

Downtown Corner Mixed-Use Building

400-406 PELHAM ST S, Rhinelander, WI 54501

$449,900

0.53 AC lot

Main floor offers approx. 5,800 sq ft of retail/office space plus an approx. 852 sq ft 2‑bedroom, 1‑bath residential unit
Upper floor includes four 2‑bedroom, 1‑bath apartments plus an efficiency apartment with approx. 3,300 sq ft of residential space
Corner lot in the heart of Rhinelander, WI with off‑street private paved parking
Handicap accessible with an accessible approach and ramp
Utilities: public water and public sewer; natural gas heating and central air cooling

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Updated: May 19, 2025

Downtown Mixed-Use Corner Property

400-416 PELHAM ST S, Rhinelander, WI 54501

$549,900

0.70 AC lot

Mixed‑use downtown Rhinelander property with two buildings and residential plus retail/office space
Building One includes about 3,330 SF residential (four 2BD/1BA plus one efficiency) and about 852 SF additional 2BD/1BA unit
Building One also offers about 5,800 SF retail and office space on the main level
Building Two provides about 2,000 SF split into three retail/office spaces plus a full basement
Public water and public sewer connected; heating is forced air with natural gas and central air cooling

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2004 Duplex with Patios

200 WESTHILL RD, Rhinelander, WI 54501

$319,500

0.35 AC lot

Meticulously maintained 2004 duplex with two separate units, each with 2BR, 1BA, patio, and separate utilities.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 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.

Turnkey Property Management Business

MAPLEWOOD LN, Eagle River, WI 54521

$245,000

Turnkey rental and property management operation with exclusive condo association rights and pontoon rentals included.

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Upper/Lower Duplex with Garages

517 MINNESOTA ST, Eagle River, WI 54521

$209,900

0.17 AC lot

Upper/lower duplex offering two bedrooms and an open living layout in each unit, plus a dedicated 1-stall garage.

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Tomahawk, WI Commercial Land

60 Acres SOMO AVE E, Tomahawk, WI 54487

$479,900

60.57 AC lot

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

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Fully Occupied 4-Plex Investment

102 E Lincoln Ave, Tomahawk, WI 54487

$220,000

Older four-unit property is fully occupied and situated across from a city park and splash pad in Tomahawk.

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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

605 46th Avenue, Menominee, MI 49858

Contact for pricing

0.21 AC lot

Building lot near Henes Park, ready for construction.

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Buildable Residential Lot with Pines

Bollig Court lot: 2, Nekoosa, WI 54457

$35,000

2.45 AC lot

A wooded 2.45-acre lot with electric and fiber available at the lot line, suited for a home or cabin.

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Commercial Development Land Parcel

101 Morris Avenue, Hinckley, MN 55037

$799,000

9.20 AC lot

Approximately 9.2-acre commercial land parcel near highway access in Hinckley, Minnesota.

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Elevated Farmland Development Parcel

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

$2,600,000

74.20 AC lot

Developable farmland parcel offers ridge-top elevation and multi-directional water views near Suttons Bay.

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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.

Multifamily properties

1540 Pueblo Dr, Rhinelander, WI 54501

Value Estimation by Request

10,800 sqft 11.31 AC lot

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Rhinelander, WI Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in Rhinelander, WI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,319,300.

Sale prices for multifamily properties in Rhinelander, WI start at $319,500, averaging $439,766, and reaching up to $549,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
54501	$719.5K

Neighborhood

Average Price

54501

$719.5K