Rice Lake, WI Multifamily properties for sale

Updated: Aug 6

Mixed-Use Building with Storefront

15 W Marshall Street, Rice Lake, WI 54868

$599,000

7,904 sqft 0.15 AC lot

7,904‑square‑foot mixed‑use property on a 0.15‑acre parcel
Six occupied apartments: four 2‑bedroom units and two 1‑bedroom units
Vacant commercial storefront includes 3 offices
Brick construction; built in 1912
Public water and public sewer

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Updated: Sep 4

Mixed-Use Property with Apartments

431 S Main Street, Rice Lake, WI 54868

$499,000

3,508 sqft 0.20 AC lot

Four commercial spaces and three two‑bedroom, one‑bath apartments
Seven rentable spaces in total
3,508 square feet on a 0.2‑acre parcel
Detached two‑car garage
Corner location on Main Street

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Campground With Bar and RV Sites

2801 22nd St, Rice Lake, WI 54868

$750,000

2,500 sqft 5.20 AC lot

Multi-use campground with seasonal RV accommodations, bar operations, lodging, event facilities, and supporting site improvements.

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Remodeled Four-Unit Quadplex

36 W Eau Claire Street 1-4, Rice Lake, WI 54868

$350,000

2,728 sqft

Updated multifamily property with varied unit layouts and convenient pedestrian access to downtown services.

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4 active listings match your search: Multifamily for sale in Rice Lake, WI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Triplex with Adjacent Lot

730 E La Salle Avenue, Barron, WI 54812

$219,000

2,490 sqft 0.20 AC lot

Two apartments are occupied, while the third unit is vacant and available for a new occupant.

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Lakeside Restaurant with RV Hookups

30994 122nd Street, New Auburn, WI 54757

$1,100,000

2,150 sqft 1.01 AC lot

Restaurant property with bar service, on-site living quarters, and seasonal RV accommodations beside Chain Lake.

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Triplex with Additional Lot

3-730 E La Salle Ave, Barron, WI 54812

$219,000

2,490 sqft

Two apartments are occupied, while the third is vacant.

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Remodeled Quadplex with Parking

328 County Highway Ss, New Auburn, WI 54757

$350,000

4,500 sqft

Updated multifamily property with partial occupancy, unit-level improvements, and convenient off-street parking.

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Rice Lake, WI Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in Rice Lake, WI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 16,640 square feet of properties for sale, with an estimated market value of $2,198,000.

Sale prices for multifamily properties in Rice Lake, WI start at $350,000, averaging $549,500, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
54868	$559.4K

Neighborhood

Average Price

54868

$559.4K

Featured Rice Lake Real Estate Agencies

Realmo connects you with licensed Rice Lake CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

Jenkins Realty Inc.

2060 22 1/2 Ave. Rice Lake, WI 54868

Phone: (715) 736-7653

www.jenkinsrealtyinc.com

Real Estate Solutions

1815A South Main Street Rice Lake, WI 54868

Phone: (715) 719-0555