Multifamily

Washburn, WI Multifamily Properties for Sale

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Mixed-Use Property with Apartments
Updated: May 21
Mixed-Use Property with Apartments

324 W Bayfield St, Washburn, WI 54891

$329,000
4,079 sqft 0.24 AC lot
2,130 sq ft commercial storefront with two leased upper apartments
4,079 square feet of total property size on a 0.24‑acre parcel
Live‑work zoning permits owner occupancy
Rear apartment includes Lake Superior views
Full basement, off‑street parking, and metal roof
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Mixed-Use Building with Apartments
Updated: May 18
Mixed-Use Building with Apartments

324 W Bayfield St, Washburn, WI 54891

$329,000
4,156 sqft 0.24 AC lot
4,156‑square‑foot mixed‑use building with a 2,130‑square‑foot commercial storefront
Two upper‑level apartments measuring 625 and 835 square feet
Fully occupied property with live‑work zoning
Rear apartment offers Lake Superior views
Full walk‑out basement, metal roof, and off‑street parking
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Washburn, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

37-Unit Mixed-Use Property
37-Unit Mixed-Use Property

210 Main St W, Ashland, WI 54806

$2,775,000
35,078 sqft 0.48 AC lot

Main-level storefronts complement apartments with private bathrooms and floor-by-floor coin laundry.

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Two-Home Duplex with Decks
Two-Home Duplex with Decks

68246 County Hwy H, Iron River, WI 54847

$329,900
2,576 sqft 0.28 AC lot

Two residences on one parcel offer flexible owner-occupant and rental configurations.

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Apartment Building with Storefront
Apartment Building with Storefront

410 Main St W, Ashland, WI 54806

$450,000
3,485 sqft 0.08 AC lot

Mixed-use configuration combines a ground-floor commercial storefront with upper-level residential units.

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Two-Home Duplex with Decks
Two-Home Duplex with Decks

68246 County Hwy H, Iron River, WI 54847

$329,900

Two residences on one parcel, including a 3BD/2BA home with deck and hot tub area and a renovated 2BD/2BA home.

View details

Washburn, WI Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Washburn, WI on our real estate platform. These investment opportunities span a total of 8,235 square feet of properties for sale, with an estimated market value of $658,000.

Sale prices for multifamily properties in Washburn, WI average $329,000 — 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

Triplexes 1

Demographics Overview

Population 3,327
Population Growth (5Y) +0.3%
Median Household Income $70,298
College Educated 57.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
54891 $329K

Taxes & Financing

Tax Rate (average for all types) 1.54%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bayfield County

New Delisted

Total CRE Inventory on Market (SF)

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