Residential Income

Herbster, WI Residential Income Properties for Sale

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Lake Superior Waterfront Land Parcel
Updated: Jun 20
Lake Superior Waterfront Land Parcel

2XXXX Lost Creek Rd, Herbster, WI 54844

$695,000
2.25 AC lot
2.25+/- acre waterfront parcel on Lake Superior (Siskiwit Bay, Herbster, WI)
689+/- feet of sandy frontage along Lost Creek with level, park‑like terrain
Direct access to Lake Superior’s sandy beach via Lost Creek Road end
Dual shoreline features: Lost Creek sandy frontage plus Lake Superior sandy beach access
Includes a charming beach house and an artesian well
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Herbster, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

Updated Duplex with Three-Bedroom Unit
Updated Duplex with Three-Bedroom Unit

508 4th Ave, Two Harbors, MN 55616

$324,900
1,746 sqft 0.16 AC lot

Two-unit property with a private-entry upper apartment, refreshed lower residence, basement storage, and on-site laundry.

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Burlington Bay Lake Superior Condos
Burlington Bay Lake Superior Condos

1412 Burlington Road, Two Harbors, MN 55616

Contact for pricing
1,250 sqft

Condos with lake views, indoor pool, hot tub, and more.

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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.

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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.

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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.

Wooded Northwoods Land Lot
Wooded Northwoods Land Lot

Tressel Trail lot: 4 (5 Acres), Iron River, WI 54847

$61,000
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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Land Parcel Near Public Wilderness
Land Parcel Near Public Wilderness

XXX (5.46) Power Line Road lot: Parcel 9, Iron River, WI 54847

$61,000
5.46 AC lot

5.46 acre parcel near county land with utilities available.

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Herbster, WI Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Herbster, WI on our real estate platform.

Sale prices for residential investment properties in Herbster, WI average $695,000 — 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

Single family properties 1

Demographics Overview

Population 285
Population Growth (5Y) +31.9%
Median Household Income $65,625
College Educated 54.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
54844 $695K

Taxes & Financing

Tax Rate (average for all types) 1.58%
Tax Rate vs County Average 0.05 pp above county avg
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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