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    Tomahawk, WI Multifamily Properties for Sale

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    Irma, WI Gleason, WI Merrill, WI
    Tomahawk, WI Commercial Land
    $479,900
    60.57 Acres

    Tomahawk, WI Commercial Land

    60 Acres SOMO AVE E, Tomahawk, WI 54487

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

    • 60‑acre corner lot with high traffic and exposure, ideal for commercial or residential development.
    • Zoning allows for a wide variety of uses including commercial, residential, and light industrial.
    • Upland sections are ready for immediate development.
    • Convenient location near Hwy 51/Hwy 86 intersection, gateway to WI recreational areas.
    • Multiple ingress/egress options due to corner lot location.
    Updated: Aug 7, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Tomahawk, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Updated Duplex in Merrill, WI
    $249,900

    Updated Duplex in Merrill, WI

    Updated duplex with 3 bedrooms, 1 bathroom per unit.

    501 E 9TH STREET, Merrill, WI 54452
    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
    Corner Lot Redevelopment Opportunity
    $199,500
    6,049 SF

    Corner Lot Redevelopment Opportunity

    Corner lot on main thoroughfare with redevelopment potential.

    201 N CENTER AVENUE, Merrill, WI 54452
    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.

    Waterfront Land on Fish Lake
    $550,000
    4.00 Acres

    Waterfront Land on Fish Lake

    4+ acres of waterfront property on crystal-clear Fish Lake.

    W12381 COUNTY ROAD GG, Hancock, WI 54943
    View details
    Residential Land Near Henes Park
    Contact for pricing
    0.21 Acres

    Residential Land Near Henes Park

    Vacant city lot ready for building near Henes Park.

    605 46th, Menominee, MI 49858
    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

    Tomahawk, WI Multifamily Properties Investment Opportunities Market Analysis

    Explore 1 multifamily properties for sale in Tomahawk, WI 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 $479,900.

    Sale prices for multifamily properties in Tomahawk, WI start at $479,900, averaging $479,900, and reaching up to $479,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Operating Costs & Financing

    Tomahawk property taxes are below the county average by 0.74 percentage points. Average Loan-to-Value is 65.0%.

    Tax Rate (average for all types) 1.71%
    Tax Rate vs County Average 0.74 pp below county avg
    Avg Loan-to-Value 65.0%

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Tomahawk.

    Leading Commercial Asset Segments

    Apartment buildings 1

    Tomahawk Demographics Overview

    Population 9,740
    Population Growth (5Y) +1.6%
    Median Household Income $76,712
    College Educated 30.3%

    Top Neighborhoods for Investment

    Discover the areas of Tomahawk with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    54487 $89.9K - 1.7M $919.9K

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