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Ashland, WI

Residential Income

Ashland, WI Residential Income Properties for Sale

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La Pointe, WI Washburn, WI Mason, WI Sanborn, WI Bayfield, WI Cornucopia, WI Mellen, WI Grand View, WI

6 properties

Historic Ashland Building on Main

Updated: Oct 19, 2025

Historic Ashland Building on Main

518 Main St W, Ashland, WI 54806

$249,000

0.08 AC lot

Historic 1884 Brick and Mortar Landmark: Iconic Bardon's Building in the heart of Main Street, Ashland.
Versatile Commercial Space: Suitable for retail, office, gallery, or service business, featuring large display windows and high foot traffic.
Charming 1‑Bedroom Apartment: Spacious living quarters with a lakeview of Lake Superior, ideal for owner occupancy or rental income.
Live/Work Setup: Offers flexibility and financial potential for investors, entrepreneurs, or those seeking a combined living and business space.
Dry Full Basement: Provides ample space for storage, workshop, or future expansion.

Two-Unit Duplex with Garage

Updated: Sep 22

Two-Unit Duplex with Garage

303 7th Ave E, Ashland, WI 54806

$185,000

Two‑unit duplex with a two‑car garage
Upper unit has a balcony; lower unit includes a patio
Large, dry basement and ample storage
Fenced backyard
Midcentury cabinetry and lighting with hardwood floors

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.

Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

Updated Duplex with Natural Light

Updated Duplex with Natural Light

312 11th Ave E, Ashland, WI 54806

Contact for pricing

Two-unit residential property with refreshed flooring, spacious bedrooms, and a generous kitchen layout.

Studio Residential Income Property

Studio Residential Income Property

311 Main St E, Ashland, WI 54806

Contact for pricing

Utility costs are included; residents are responsible for lawn maintenance and snow clearing.

Duplex with Three-Stall Garage

Duplex with Three-Stall Garage

510 Lake Shore Dr W, Ashland, WI 54806

$94,900

The two-story property includes off-street parking and a three-stall garage.

Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 6 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.

Historic Short-Term Rental Property

Historic Short-Term Rental Property

400 Silver Street, Ironwood, MI 49938

$199,000

2,862 sqft 0.15 AC lot

Commercially zoned property with multiple bedrooms, kitchens, and living areas.

Four-Unit Quadplex

Four-Unit Quadplex

5216 E Sunset Rd, Ironwood, MI 49938

$334,990

2,432 sqft 1.75 AC lot

Each residence is separately deeded and sits on its own tax parcel.

Four-Unit Apartment Building

Four-Unit Apartment Building

111-113 E Bennett Avenue, Mellen, WI 54546

$250,000

4,264 sqft 0.05 AC lot

Occupied residential property with one- and two-bedroom layouts, annual leases, and public water and sewer service.

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

Mixed-use property combines a post office with residential units above.

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.

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.

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.

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

Estimated value: by Request

0.67 AC lot

11th 11Th Ave

Land

11th 11Th Ave, Ashland, WI 54806

Estimated value: by Request

Ashland, WI Residential Income Properties Market Trends and Statistics

Explore 8 residential income properties for sale in Ashland, WI, showcased through 6 active listings on our real estate platform.

Sale prices for residential investment properties in Ashland, WI start at $94,900, averaging $179,725, and reaching up to $249,000 — 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

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	$549.9K

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%

How Realmo verifies these figures

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