Residential Income

Ashland, WI Residential Income Properties for Sale

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La Pointe, WI Bayfield, WI Washburn, WI Mason, WI Marengo, WI Grand View, WI Mellen, WI Cornucopia, WI
8 properties
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37-Unit Mixed-Use Property
Updated: May 28
37-Unit Mixed-Use Property

210 Main St W, Ashland, WI 54806

$2,775,000
35,078 sqft 0.48 AC lot
37‑unit configuration with 5 commercial storefront spaces and 32 residential apartments
35,078 square feet on a 0.48‑acre site
Residential mix includes studio, 1‑bedroom, and 2‑bedroom apartments
Private bathrooms in all residential units
Coin‑operated laundry facilities on each floor
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Apartment Building with Storefront
Updated: May 27
Apartment Building with Storefront

410 Main St W, Ashland, WI 54806

$450,000
3,485 sqft 0.08 AC lot
Mixed‑use building with one commercial storefront and five upper‑level residential units
Five residential units, each with 1 bedroom and 1 bathroom
3485 square feet on 0.08 acres
Tenants pay electric separately for their own units
Individual boiler heat zoning for each residential unit
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Historic Ashland Building on Main
Historic Ashland Building on Main

518 Main St W, Ashland, WI 54806

$249,000
0.08 AC lot

Iconic 1884 building with commercial space and residential apartment.

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Duplex with Newer Main Roof
Duplex with Newer Main Roof

805 Vaughn Ave, Ashland, WI 54806

$179,000

Two residential units support continued rental use or an owner-occupancy arrangement.

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Three-Unit Rental Property
Three-Unit Rental Property

1015 6th St W, Ashland, WI 54806

$190,000

Three-unit multifamily with off-street parking and long-term tenants on month-to-month leases.

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Downtown Mixed-Use Duplex
Downtown Mixed-Use Duplex

516 W Main street, Ashland, WI 54806

$395,000

Recently remodeled upper apartments sit above a leased main-level beauty salon with a full basement and rear off-street parking.

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Historic Mixed-Use Property with Apartments
Historic Mixed-Use Property with Apartments

522 Chapple Ave, Ashland, WI 54806

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The property combines 18 apartment homes with eight commercial suites and a public-use venue.

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Four-Unit Apartment Building
Four-Unit Apartment Building

306 Prentice Ave, Ashland, WI 54806

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The property contains single-bedroom apartments with individual kitchens, living rooms, and bathrooms.

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 8 Active listings in Ashland, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 3 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.

Mixed-Use Live-Work Building with Storefront
Mixed-Use Live-Work Building with Storefront

324 W Bayfield St, Washburn, WI 54891

$329,000
4,156 sqft 0.24 AC lot

Fully occupied live-work building with a 2,130 SF commercial storefront and two upper apartments.

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Triplex with Live-Work Zoning
Triplex with Live-Work Zoning

324 W Bayfield St, Washburn, WI 54891

$329,000
4,079 sqft 0.24 AC lot

Fully occupied triplex with a commercial storefront and two leased upper apartments, with live-work zoning for owner occupancy.

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Four-Unit Apartment Quadplex
Four-Unit Apartment Quadplex

111-113 E Bennett Avenue, Mellen, WI 54546

$250,000
4,264 sqft 0.05 AC lot

Four apartment units with one- and two-bedroom layouts, currently occupied under yearly leases.

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Mixed-Use Building With Apartments
Mixed-Use Building With Apartments

119-121 E Bennett Avenue, Mellen, WI 54546

$275,000
3,588 sqft 0.05 AC lot

The commercial area houses the Mellen Post Office, while two apartments occupy the upper level.

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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.

Lake Superior Waterfront Land
Lake Superior Waterfront Land

17 AC ON LAKE RD, Ironwood, MI 49938

$300,000
17.00 AC lot

Level lakefront acreage with natural surroundings, driveway access, and expansive Lake Superior views.

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Land Parcel Near Public Wilderness
Land Parcel Near Public Wilderness

Power Line Road lot: Parcel 9, Iron River, WI 54847

$63,000
5.46 AC lot

5.46 acre parcel near county land with utilities available.

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Wooded Northwoods Land Lot
Wooded Northwoods Land Lot

TBD Lot #4 Tressel Trail lot: #4, Iron River, WI 54847

$63,000
5.04 AC lot

A 5-acre wooded lot with power available and high-ground building areas, suited for a home or cabin site.

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Off-Market Properties in Ashland, WI

Consider similar Off-Market properties in Ashland, WI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

20XX Ellis Ave
Land

20XX Ellis Ave, Ashland, WI 54806

Value Estimation by Request
0.67 AC lot
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11th 11Th Ave
Land

11th 11Th Ave, Ashland, WI 54806

Value Estimation by Request
View details

Ashland, WI Residential Income Properties Market Trends and Statistics

Explore 10 residential income properties for sale in Ashland, WI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 38,563 square feet of properties for sale, with an estimated market value of $4,238,000.

Sale prices for residential income properties in Ashland, WI start at $179,000, averaging $706,333, and reaching up to $2,775,000 — 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

Multifamily properties 7
Apartment buildings 3
Duplexes 2
Quadplexes 1
Triplexes 1

Demographics Overview

Population 12K
Population Growth (5Y) +1.7%
Median Household Income $59,556
College Educated 33.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
54806 $706.3K

Taxes & Financing

Tax Rate (average for all types) 2.52%
Tax Rate vs County Average 0.09 pp above county avg
Average Loan-to-Value 65.0%

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