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Rice Lake, WI Multifamily Properties for Sale

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Two Homes on City Lot
$230,000
2,613 SF

Two Homes on City Lot

816 And 812,Unit 816, Rice Lake, WI 54868

Two homes on nearly 2 acres in Rice Lake.

  • Two residences on nearly 2 acres within city limits.
  • Main house: 4 bedrooms, 1 bathroom with main‑level laundry and bath.
  • Second residence: 1 bedroom, 1 bathroom with open concept and detached garage (rental/guest potential).
  • City water and sewer.
  • Easy access to groceries, healthcare, schools, and shopping.
Last Update: Dec 5
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New
Updated Triplex Near Rice Lake
$269,900
2,284 SF

Updated Triplex Near Rice Lake

23 E Evans St,Unit 3, Rice Lake, WI 54868

Updated triplex with strong cash flow near Rice Lake.

  • Strong cash flow tri‑plex with transferrable Airbnb contracts for June bookings.
  • Excellent location: one block from Rice Lake, Knights Island, downtown, and Veterans Memorial Park.
  • Completely updated: new roof, electrical, windows, plumbing, and interior remodeling throughout.
  • Includes a 3‑car detached garage and fenced back yard.
  • Each unit features hardwood floors, full basement access, onsite laundry, and all appliances.
Last Update: Dec 1
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Rice Lake, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

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

Spooner, WI Multifamily Development Lot
$75,000
1.08 Acres

Spooner, WI Multifamily Development Lot

1.076-acre lot suitable for single or multi-family development.
Pine Dr, Spooner, WI 54801
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Spooner, WI Multi-Family Lot
$50,000
0.46 Acres

Spooner, WI Multi-Family Lot

0.46-acre lot with utilities for residential or mixed-use development.
Dur A Bilt Rd, Spooner, WI 54801
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Downtown Ladysmith Mixed-Use Property
$295,000
3,750 SF

Downtown Ladysmith Mixed-Use Property

Mixed-use property featuring retail space and two apartments in Ladysmith.
110 W 2Nd St, Ladysmith, WI 54848
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Ladysmith Duplex: Investment Opportunity
$129,900
1,400 SF

Ladysmith Duplex: Investment Opportunity

Tenant-occupied duplex in Ladysmith with updated units and rental income.
1108 And 1108.5 Menasha Ave E, Ladysmith, WI 54848
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Rice Lake, WI Multifamily Properties Investment Opportunities Market Analysis

Explore 2 multifamily properties for sale in Rice Lake, WI on our real estate platform. These investment opportunities span a total of 84,637 square feet of properties for sale, with an estimated market value of $230,000.

Prices for multifamily properties in Rice Lake, WI start at $230,000, averaging $230,000, and reaching up to $230,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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