Vilas County, WI Multifamily properties for sale

Updated: Jun 16

Lakefront Resort Property

12901 TIMBER LODGE LN, Manitowish Waters, WI 54545

$1,950,000

4.00 AC lot

4‑acre resort property with multiple residential buildings and supporting structures
175 feet of west‑facing sand frontage on the Manitowish Waters Chain of lakes
Three‑bedroom, four‑bath home plus four‑season guest home and duplex
Duplex includes 2BR,1BA and 1BR, 1BA units
5 boat slips with power, 3 boat lifts, covered lighted docks, and swim platform

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Updated: Jul 16

Four-Bedroom Short-Term Rental Home

3302 GARRISON LN, Phelps, WI 54554

$379,000

3.02 AC lot

Four‑bedroom, three‑bath home on 3.02 acres
Septic system approved for a 6‑bedroom capacity
Established short‑term rental history
Near area lakes and trail systems
Forced‑air natural gas heating

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Remodeled Duplex Property

308/310 ILLINOIS ST W, Eagle River, WI 54521

$229,900

0.33 AC lot

Two matching residential units with public utilities, a garage, and one remodeled unit available for owner occupancy.

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Waterfront Duplex With Boat Lift

1229 High Trees Trl, Eagle River, WI 54521

$1,395,000

3,920 sqft

Two-unit property with lake and river frontage, private piers, screened porches, and separate residential living areas.

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Established Short-Term Rental Business

MAPLEWOOD LN, Eagle River, WI 54521

$245,000

Management agreement covers 12 condo units and includes pontoon boat rentals.

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Furnished Waterfront Rental Portfolio

2560 MILLERVILLE RD, Phelps, WI 54554

$849,000

0.75 AC lot

Three furnished condominium homes offer shared lake access, private tax parcels, and flexible short-term rental or retreat use.

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Remodeled Duplex

308 Illinois St, Eagle River, WI 54521

$229,900

1,152 sqft

Two mirror-image units offer one-bedroom, one-bath layouts, with the front unit remodeled.

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Remodeled Two-Unit Duplex

308/310 W Illinois St, Eagle River, WI 54521

$229,900

1,152 sqft

City water and sewer serve both residential units near downtown Eagle River amenities.

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Short-Term Rental Condo with Loft

3937 Norway Pine Dr, Eagle River, WI 54521

Contact for pricing

Three-bedroom condo with resort amenities, private outdoor space, and a flexible layout suited to personal use and rental occupancy.

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Vilas County, WI Multifamily Properties Market Trends and Statistics

Explore 9 multifamily properties for sale in Vilas County, WI, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 6,224 square feet of properties for sale, with an estimated market value of $5,507,700.

Sale prices for multifamily properties in Vilas County, WI start at $229,900, averaging $688,462, and reaching up to $1,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Featured Vilas County Real Estate Agencies

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

Century 21 Burkett and Associates

223 W Pine Street, PO Box 2001 Eagle River, WI 54521

Phone: 17154793090

www.burkettrealty.com

Eliason Realty of the North

4228 Hwy B PO Box 335 Land O Lakes, WI 54540

Phone: 17155473341