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    Algoma, WI
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    Algoma, WI Residential Income Properties for Sale

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    Sturgeon Bay, WI Casco, WI Kewaunee, WI
    6 results
    Four-Unit Residential Income Quadplex
    $299,900
    2,800 SF
    Four-Unit Residential Income Quadplex

    409 3rd St, Algoma, WI 54201

    Well-maintained quadplex with recent interior updates, including fresh paint and a roof installed about two years ago.
    • 4‑unit investment property in Algoma with $2,900 rent per month
    • Roof is 2 years old
    • Fresh paint completed last year
    • 3 out of the 4 units were updated within the last 5 years
    • Heating includes heat pump and forced air (also space heater)
    Updated: Apr 22
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    Historic Algoma Mixed-Use Building
    $284,900
    15,000 SF
    Historic Algoma Mixed-Use Building

    300 4th St, Algoma, WI 54201

    15,000 sq ft mixed-use building with penthouse and rental income.
    • 3,000 sq ft penthouse with 360‑degree views of the city, Ahnapee River, and Lake Michigan.
    • Historic building with 15,000 sq ft offering many opportunities including condos, apartments, or business rental space.
    • Existing rental income from penthouse ($1,400/month) and studio apartment ($800/month).
    • Includes a full basement, two additional floors, and a one‑story warehouse.
    • Penthouse includes a sauna and perimeter observation walkway.
    Updated: Jan 27
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    Updated Duplex Near Crescent Beach
    $199,900
    2,130 SF
    Updated Duplex Near Crescent Beach

    Well-maintained Algoma duplex, ideal for owner-occupancy or investment.

    522 MILL Street, Algoma, WI 54201

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    Remodeled Algoma Multi-Family Property
    $179,900
    2,242 SF
    Remodeled Algoma Multi-Family Property

    Remodeled two-family property near Lake Michigan with income potential.

    323 5TH Street, Algoma, WI 54201

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    Remodeled Two-Family Near Lake Michigan
    $179,900
    2,242 SF
    Remodeled Two-Family Near Lake Michigan

    Remodeled 2-family with income potential near Lake Michigan.

    323 5th Street, Algoma, WI 54201

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    Queen Anne Commercial Property
    $495,000
    0.08 Acres
    Queen Anne Commercial Property

    Downtown Algoma Queen Anne commercial property with storefronts and living quarters.

    300 Steele Street, Algoma, WI 54201

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 Active listings in Algoma, 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.

    Sturgeon Bay Multi-Family Home
    $480,000
    1,760 SF
    Sturgeon Bay Multi-Family Home

    Multi-family home near parks and waterfront with excellent income potential.

    219 S Hudson Ave, Sturgeon Bay, WI 54235

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    Turnkey Restaurant with Apartments
    $295,000
    4,645 SF
    Turnkey Restaurant with Apartments

    Successful restaurant with apartments in high-traffic downtown location.

    301 Ellis St, Kewaunee, WI 54216

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    Sturgeon Bay Mixed-Use Commercial Property
    $329,500
    2,450 SF
    Sturgeon Bay Mixed-Use Commercial Property

    Mixed-use commercial property with retail zoning in prime location.

    1867 Hwy 42, Sturgeon Bay, WI 54235

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    Turnkey Restaurant in Downtown Kewaunee
    $295,000
    4,645 SF
    Turnkey Restaurant in Downtown Kewaunee

    Successful restaurant with apartments in a high-traffic location.

    301 Ellis St, Kewaunee, WI 54216

    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 with Island
    $148,500
    1.88 Acres
    Waterfront Land with Island

    1.88 acre waterfront lot with island near Sturgeon Bay.

    Sleepy Hollow Dr, Sturgeon Bay, WI 54235

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    Waterfront Lot with Lake Views
    $229,900
    1.00 Acre
    Waterfront Lot with Lake Views

    Buildable waterfront lot offering panoramic lake views in Kewaunee, WI.

    604 Lakeshore Dr, Kewaunee, WI 54216

    View details
    Door County Wooded Acreage
    $724,800
    36.24 Acres
    Door County Wooded Acreage

    36.24 acres of wooded land in Door County, Wisconsin.

    High Rd, Brussels, WI 54204

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    Residential Land with Sunset Views
    $77,900
    1.56 Acres
    Residential Land with Sunset Views

    1.564 acre residential lot with golf course views.

    Jacobs Ct, Sturgeon Bay, WI 54235

    View details

    Algoma, WI Residential Income Properties Investment Opportunities Market Analysis

    Explore 6 residential income properties for sale in Algoma, WI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 24,414 square feet of properties for sale, with an estimated market value of $1,144,500.

    Sale prices for residential income properties in Algoma, WI start at $179,900, averaging $228,900, and reaching up to $299,900 — 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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    Top Commercial Asset Segments

    Multifamily properties 5
    Duplexes 3
    Short term rental properties 2
    Apartment buildings 1
    Quadplexes 1

    Demographics Overview

    Population 5,178
    Population Growth (5Y) -0.2%
    Median Household Income $65,772
    College Educated 26.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    54201 $294.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.14%
    Property Tax per SF $16.26 per sq ft
    Tax Rate vs County Average 0.34 pp above county avg
    Average Loan-to-Value 65.0%

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