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    Tomahawk, WI
    Multifamily

    Tomahawk, WI Multifamily Properties for Sale

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    Irma, WI Gleason, WI Rhinelander, WI Tripoli, WI Cassian, WI Merrill, WI Hazelhurst, WI Mcnaughton, WI
    6 properties
    Ranch-Style Duplex
    Updated: May 30
    Ranch-Style Duplex

    526 MARTIN LN, Tomahawk, WI 54487

    $700,000
    5.00 AC lot
    Two‑sided duplex with 3,739 square feet of finished living space
    5.002‑acre property within Tomahawk city limits
    Each side has 2 bedrooms, 2 full bathrooms, an open living area, and a gas fireplace
    Built in 2006 with ranch‑style architecture
    Main‑floor laundry and mudroom space on both sides
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    Remodeled Two-Unit Duplex
    Updated: Aug 14
    Remodeled Two-Unit Duplex

    222 E PROSPECT AVE, Tomahawk, WI 54487

    $289,000
    0.16 AC lot
    Two apartments, each with 2 bedrooms and 1 bathroom
    Attached 2‑car garage with one stall for each apartment
    Separate utilities and in‑unit laundry in both units
    Lower apartment includes a full basement and covered porch
    Updates include kitchens, bathrooms, electrical, flooring, siding, and paint
    View details
    Waterfront Duplex
    Waterfront Duplex

    W6067 DUCK POINT RD, Tomahawk, WI 54487

    $315,000

    Two separate living units offer rental or owner-occupant flexibility along the Jersey City Flowage.

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    Duplex with Attached Garage
    Duplex with Attached Garage

    222 E Prospect Ave #1 and 2, Tomahawk, WI 54487

    $289,000
    1,707 sqft

    Two separately serviced apartments include in-unit laundry and updated kitchens and bathrooms.

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    Waterfront Duplex
    Waterfront Duplex

    W6067 Duck Point Rd #A & B, Tomahawk, WI 54487

    $315,000
    1,820 sqft

    Two separate units provide four bedrooms and four bathrooms, supported by independent well and septic systems.

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    Fully Occupied 4-Plex Investment
    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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    6 active listings match your search: Multifamily for sale in Tomahawk, 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.

    Two-Building Mixed-Use Property
    Two-Building Mixed-Use Property

    400-416 S PELHAM ST, Rhinelander, WI 54501

    $549,900
    11,930 sqft 0.70 AC lot

    Apartments and commercial suites are arranged across two buildings in downtown Rhinelander.

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    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    400-406 S PELHAM ST, Rhinelander, WI 54501

    $449,900
    9,982 sqft 0.53 AC lot

    Retail and office space shares the building with six residential apartments and paved off-street parking.

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    2-Unit Duplex with Detached Garage
    2-Unit Duplex with Detached Garage

    409 PIER STREET, Merrill, WI 54452

    $145,000
    0.15 AC lot

    Separate utility meters serve the two apartments, and each unit has its own kitchen.

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    Updated Duplex with Detached Garage
    Updated Duplex with Detached Garage

    501 E 9TH STREET, Merrill, WI 54452

    $244,900
    0.22 AC lot

    Two rented units feature matching three-bedroom layouts, tenant-paid utilities, and recent interior and exterior improvements.

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    Tomahawk, WI Multifamily Properties Market Trends and Statistics

    Explore 6 multifamily properties for sale in Tomahawk, WI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 3,527 square feet of properties for sale, with an estimated market value of $2,128,000.

    Sale prices for multifamily properties in Tomahawk, WI start at $220,000, averaging $354,666, and reaching up to $700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 5
    Quadplexes 1

    Demographics Overview

    Population 9,740
    Population Growth (5Y) +1.6%
    Median Household Income $76,712
    College Educated 15.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    54487 $354.7K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Lincoln County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Browse Multifamily properties for Sale Near Tomahawk, WI

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    • 54487

    Featured Tomahawk Real Estate Agencies

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

    Century 21 Best Way Realty
    24 W. Wisconsin Ave. Tomahawk, WI 54487
    Phone: (715) 453-3365
    www.century21bestway.com
    Northwoods Community Realty, LLC
    1411 N 4th Street, Suite 100 Tomahawk, WI 54487
    Phone: (715) 612-2673
    www.northwoodscommunityrealty.com
    Woodland Lakes Realty, LLC
    303 N 4th Street Tomahawk, WI 54487
    Phone: (715) 224-3800
    www.woodlandlakesrealty.com
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