Residential Income

Lincoln County, WI Residential Income Properties for Sale

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Ranch-Style Duplex with Two Units
Updated: May 30
Ranch-Style Duplex with Two Units

526 MARTIN LN, Tomahawk, WI 54487

$900,000
5.00 AC lot
Ranch‑style duplex built in 2006 with bright, open‑concept living
Each unit includes 2 bedrooms and 2 full bathrooms, plus large main‑floor laundry and mudroom
Gas fireplace and central air with forced‑air natural gas heating
Kitchen appliances include dishwasher, gas range and oven, microwave, refrigerator, washer, and dryer
Patio, landscaping, and a garage provide outdoor space and parking
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Merrill, WI Multifamily Property
Updated: Nov 14, 2025
Merrill, WI Multifamily Property

200 E 3RD STREET, Merrill, WI 54452

$220,800
3,600 sqft 0.31 AC lot
Income‑generating 4‑unit property bringing in $2200/month.
New roof nearly completed, adding value and peace of mind.
Two 3‑bedroom units and two 1‑bedroom units provide diverse tenant options.
One 3‑bedroom unit features basement access.
Natural gas heating and water heater.
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Upper/Lower Duplex with Detached Garage
Upper/Lower Duplex with Detached Garage

1908 RIVER STREET, Merrill, WI 54452

$119,900
0.18 AC lot

Well-maintained duplex with separate utilities, in-unit laundry hookups, and a 2.5-car detached garage on a corner lot.

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Fully Occupied 4-Plex Investment
Fully Occupied 4-Plex Investment

102 E Lincoln Ave, Tomahawk, WI 54487

$220,000

Older four-unit property is fully occupied and situated across from a city park and splash pad in Tomahawk.

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Updated Duplex in Merrill, WI
Updated Duplex in Merrill, WI

501 E 9TH STREET, Merrill, WI 54452

$249,900
0.22 AC lot

Updated duplex with two 3-bedroom units and a 2-car garage.

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Bar and Grill with Upstairs Apartment
Bar and Grill with Upstairs Apartment

705 4TH ST N, Merrill, WI 54487

$489,900
0.70 AC lot

Operate a full bar and restaurant with a separate 2-bedroom upstairs living or rental unit.

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Income-Generating Duplex with Two Units
Income-Generating Duplex with Two Units

113 POLK STREET, Merrill, WI 54452

$149,900

Well-maintained duplex featuring two separately metered units, each rented, including a remodeled upper 2-bedroom unit.

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Updated 2BR/1BA Multifamily Home
Updated 2BR/1BA Multifamily Home

1322 Main St W, Merrill, WI 54452

$319,900

Updated units feature 2 bedrooms and 1 bathroom, with separate utilities paid by tenants.

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New Deluxe Duplex Under Construction
New Deluxe Duplex Under Construction

305 S KYES STREET, Merrill, WI 54452

$314,900
0.27 AC lot

New construction duplex with modern amenities, completion expected May 2026.

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Well-Maintained Triplex With Separate Utilities
Well-Maintained Triplex With Separate Utilities

111 N POLK STREET, Merrill, WI 54452

$189,900

Three-unit triplex with separate utilities, two income-producing units, and a remodeled vacant 2-bedroom ready for occupancy or re-renting.

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Downtown Restaurant with Apartments
Downtown Restaurant with Apartments

204 W Wisconsin Ave, Tomahawk, WI 54487

Contact for pricing

Restaurant building with two upstairs apartments, including one freshly updated and one currently rented monthly for $550.

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Updated Multi-Family Apartment Building
Updated Multi-Family Apartment Building

1322 W MAIN STREET, Merrill, WI 54452

$319,900
0.22 AC lot

Multiple 2-bedroom, 1-bath units with separate utilities and recent interior, window, roof, and siding updates.

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Tomahawk, WI Commercial Land
Tomahawk, WI Commercial Land

60 Acres SOMO AVE E, Tomahawk, WI 54487

$479,900
60.57 AC lot

60-acre corner lot suitable for commercial or multi-unit residential development.

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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 13 Active listings in Lincoln County, WI, we suggest exploring several alternatives: similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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.

Residential Land Near Golf Course
Residential Land Near Golf Course

GREEK STREET lot: 2, Merrill, WI 54452

$57,900
0.69 AC lot

0.69 acre lot near Merrill Golf Course.

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Residential Land Near Golf Course
Residential Land Near Golf Course

GREEK STREET lot: 7, Merrill, WI 54452

$59,900
0.69 AC lot

0.69 acre lot near Merrill Golf Course.

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Riverfront Residential Building Lot
Riverfront Residential Building Lot

Sunshine Road lot: 1, Merrill, WI 54452

$150,000
1.14 AC lot

Residential waterfront lot with Wisconsin River frontage and utilities available at the lot line.

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Tomahawk Development Opportunity Near Lake
Tomahawk Development Opportunity Near Lake

RAILWAY ST N lot: 1-6, Tomahawk, WI 54487

$250,000
0.98 AC lot

Prime commercial land for development near Lake Mohawksin.

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Off-Market Properties in Lincoln County, WI

Consider similar Off-Market properties in Lincoln County, 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.

201 Center Ave
Day care centers

201 Center Ave, Merrill, WI 54452

Value Estimation by Request
6,049 sqft 0.29 AC lot
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State Highway 64
Land

0 State Highway 64, Merrill, WI 54452

Value Estimation by Request
2.23 AC lot
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Wi-64
Land

0 Wi-64, Merrill, WI 54452

Value Estimation by Request
6.32 AC lot
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Wi-64
Land

0 Wi-64, Merrill, WI 54452

Value Estimation by Request
6.32 AC lot
View details

Lincoln County, WI Residential Income Properties Market Trends and Statistics

Explore 17 residential income properties for sale in Lincoln County, WI, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 3,600 square feet of properties for sale, with an estimated market value of $3,974,900.

Sale prices for residential income properties in Lincoln County, WI start at $119,900, averaging $331,241, and reaching up to $900,000 — 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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