Residential Income

Long Lake, WI Residential Income Properties for Sale

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Iron River, MI Gaastra, MI Fence, WI Caspian, MI Argonne, WI Florence, WI Crystal Falls, MI Armstrong Creek, WI
Three-Home Multifamily Property
Updated: Oct 30
Three-Home Multifamily Property

Long Lake, WI 54542

$575,000
2,900 sqft 7.80 AC lot
Three furnished homes on 7.8 acres
2,900 square feet total across the residences
Main house has 3 bedrooms, 1 bath, a family room with fireplace, and basement
Second residence has 2 upstairs bedrooms, a full bath, gas stove, and deck
Third home has 1 bedroom and 1 bath, with updated bath finishes
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Long Lake, 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.

Lakefront Resort with Cabins
Lakefront Resort with Cabins

229 E Lake Emily Road, Crystal Falls, MI 49920

$519,900
2,276 sqft 1.59 AC lot

Four two-bedroom accommodations offer open living and kitchen areas beside Lake Emily in a commercial-zoned setting.

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Duplex Near Ski Access
Duplex Near Ski Access

104 Sleepy Hollow Way, Iron River, MI 49935

$259,900
2,053 sqft 0.50 AC lot

Two residential units include fireplaces, private decks, and access to a shared outdoor hot tub.

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Duplex with Private Sauna
Duplex with Private Sauna

111 Little Deer Road, Iron River, MI 49935

$274,900
2,000 sqft 0.40 AC lot

Dual-unit chalet with decks, fireplaces, multiple bedrooms, and a shared outdoor hot tub near Ski Brule.

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COMMERCIAL - Crystal Falls, MI
COMMERCIAL - Crystal Falls, MI

229 E Lake Emily Rd, Crystal Falls, MI 49920

$519,900
2,276 sqft 1.59 AC lot

Four 2-bedroom units sit on sandy Lake Emily frontage with a permanent pier and dedicated fish cleaning facilities.

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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.

Brule River Waterfront Land
Brule River Waterfront Land

Fox Drive, Iron River, MI 49935

$299,000
17.06 AC lot

Flat riverfront acreage with electricity available at the road and a completed perc test.

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Brule River Waterfront Land
Brule River Waterfront Land

River Country Road lot: 30, Iron River, MI 49935

$104,900
5.59 AC lot

5+ acre waterfront parcel on the Brule River.

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Vacant Land in Ski Village
Vacant Land in Ski Village

Little Deer Road lot: 64, Iron River, MI 49935

Contact for pricing
0.40 AC lot

Corner lot near ski resort and lakes, ideal for recreation.

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Popple River Waterfront Land Parcel
Popple River Waterfront Land Parcel

Long Lake, WI 54542

$40,000
0.80 AC lot

0.8-acre lot with 160' Popple River frontage.

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Long Lake, WI Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Long Lake, WI on our real estate platform. These investment opportunities span a total of 2,900 square feet of properties for sale, with an estimated market value of $575,000.

Sale prices for residential investment properties in Long Lake, WI average $575,000 — 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 1
Short term rental properties 1

Demographics Overview

Population 615
Population Growth (5Y) +52.2%
Median Household Income $45,625
College Educated 17.8%

Taxes & Financing

Tax Rate (average for all types) 1.66%
Tax Rate vs County Average 0.61 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Florence County

New Delisted

Total CRE Inventory on Market (SF)

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