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    Algoma, WI
    Residential Income

    Algoma, WI Residential Income Properties for Sale

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    Sturgeon Bay, WI Forestville, WI Casco, WI Kewaunee, WI Brussels, WI Luxemburg, WI Green Bay, WI Egg Harbor, WI
    Four-Unit Residential Income Quadplex
    Updated: Apr 22
    Four-Unit Residential Income Quadplex

    409 3rd St, Algoma, WI 54201

    $299,900
    2,800 sqft 0.21 AC lot
    Algoma investment property with $2,900/month rent and 4 total units
    Roof is 2 years old
    Fresh paint updates completed last year
    3 of the 4 units updated within the last 5 years
    Heating includes forced air, heat pump, and space heaters
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    This listing looks promising.

    Here's a quick look at some key insights for

    409 3rd St, Algoma, WI 54201

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    • Est. Cap Rate

      8.2%
      Above avg (5.9%)

    • Est. NOI

      $24K
      Annual

    • Mortgage

      $168K
      Apr 2018

    • Last Sold

      Feb 2020
      $60K

    • Property Type

      Commercial (General)
      Built 1930
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    Historic Building with Penthouse
    Updated: Jan 27
    Historic Building with Penthouse

    300 4th St, Algoma, WI 54201

    $249,900
    15,000 sqft 0.34 AC lot
    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.
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    Remodeled Duplex with Separate Utilities
    Remodeled Duplex with Separate Utilities

    323 5TH Street, Algoma, WI 54201

    $179,900
    2,242 sqft 0.11 AC lot

    Interior remodeled two-family with 2–3 bedroom first-floor and three-bedroom upper units, separate utilities and basement access.

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    Remodeled Two-Family Near Lake Michigan
    Remodeled Two-Family Near Lake Michigan

    323 5th Street, Algoma, WI 54201

    $179,900
    2,242 sqft

    Remodeled 2-family with income potential near Lake Michigan.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Queen Anne Commercial Property
    Queen Anne Commercial Property

    300 Steele Street, Algoma, WI 54201

    $495,000
    0.08 AC lot

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

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 5 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.

    Duplex With Two Private Entrances
    Duplex With Two Private Entrances

    219 S Hudson Ave, Sturgeon Bay, WI 54235

    $450,000
    1,760 sqft 0.38 AC lot

    Duplex configured for short-term rentals with private entrances for both units and included major appliances.

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    Turnkey Restaurant with Apartments
    Turnkey Restaurant with Apartments

    301 Ellis St, Kewaunee, WI 54216

    $295,000
    4,645 sqft

    Successful restaurant with apartments in high-traffic downtown location.

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    Residential Income Property
    Residential Income Property

    133 W Maple St, Sturgeon Bay, WI 54235

    $459,900
    2,055 sqft 0.37 AC lot

    Two dwellings on one lot, including a 2-bedroom home with an eat-in kitchen, updated bath, and detached two-car garage.

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    Turnkey Restaurant in Downtown Kewaunee
    Turnkey Restaurant in Downtown Kewaunee

    301 Ellis St, Kewaunee, WI 54216

    $295,000
    4,645 sqft

    Successful restaurant with apartments in a high-traffic location.

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    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
    Waterfront Land with Island

    Sleepy Hollow Dr, Sturgeon Bay, WI 54235

    $148,500
    1.88 AC lot

    1.88 acre waterfront lot with island near Sturgeon Bay.

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    Door County Wooded Acreage
    Door County Wooded Acreage

    High Rd, Brussels, WI 54204

    $724,800
    36.24 AC lot

    36.24 acres of wooded land in Door County, Wisconsin.

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    Waterfront Residential Land Parcel
    Waterfront Residential Land Parcel

    Bridgeview Ln lot: 3, Sturgeon Bay, WI 54235

    $349,000
    0.73 AC lot

    Residential waterfront land along a canal in Sturgeon Bay, suited for a dream home with nearby boating options.

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    Vacant Residential Land Parcel
    Vacant Residential Land Parcel

    SUN N SURF Drive, Luxemburg, WI 54217

    $239,900
    3.41 AC lot

    Scenic parcel with completed soil and perk testing, offering easy access to Green Bay for a custom home build.

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    Algoma, WI Residential Income Properties Market Trends and Statistics

    Explore 5 residential income properties for sale in Algoma, WI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 22,284 square feet of properties for sale, with an estimated market value of $909,600.

    Sale prices for residential income properties in Algoma, WI start at $179,900, averaging $227,400, 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

    Commercial property segments ranked by active listings on the market

    Multifamily properties 4
    Duplexes 2
    Short term rental properties 2
    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 average listing prices of real estate assets

    Neighborhood Average Price
    54201 $280.9K

    Taxes & Financing

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

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