Mellen, WI
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    Mellen, WI Residential Income Properties for Sale

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    Glidden, WI Clam Lake, WI Mason, WI
    Four-Unit Apartment Quadplex
    $250,000
    4,264 SF
    Four-Unit Apartment Quadplex

    111-113 E Bennett Avenue, Mellen, WI 54546

    Four apartment units with one- and two-bedroom layouts, currently occupied under yearly leases.
    • Four‑apartment building in Mellen’s downtown with a mix of 1‑bedroom and 2‑bedroom units
    • All units are occupied by tenants with yearly leases (at the time of listing)
    • Year built: 1905
    • Public utilities: public water and public sewer
    • Heating: forced air
    Updated: Jun 19
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    Retail Building with Apartments
    $250,000
    3,744 SF
    Retail Building with Apartments

    115-117 E Bennett Avenue, Mellen, WI 54546

    Downtown Mellen building combines a thrift store with two apartments for flexible mixed-use occupancy.
    • Building built in 1905 with mixed construction materials including brick, cement siding, and wood siding
    • Heating: forced air
    • Property includes the home of the local thrift store and 2 apartments
    • Water source: public
    • Sewer: public sewer
    Updated: Jun 19
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    Mixed-Use Post Office Building
    $275,000
    3,588 SF
    Mixed-Use Post Office Building

    Post office with two apartments upstairs, offering mixed-use income potential in Mellen, Wisconsin.

    119-121 E Bennett Avenue, Mellen, WI 54546

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Mellen, 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.

    Duplex with Separate Entrances
    $159,900
    2,008 SF
    Duplex with Separate Entrances

    Two units each with 2 bedrooms, 1 bath, full basements, and garage options on a 0.24-acre lot.

    919 Nightingale Street, Ironwood, MI 49938

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    Updated Duplex with Garage Space
    $159,900
    1,004 SF
    Updated Duplex with Garage Space

    Well-maintained duplex in Ironwood with updated interiors and garages.

    919 Nightingale St, Ironwood, MI 49938

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    Downtown Mixed-Use Income Property
    $450,000
    3,485 SF
    Downtown Mixed-Use Income Property

    Six-unit mixed-use building with main-level storefront and five individually heated 1BR/1BA apartments.

    410 MAIN ST W, Ashland, WI 54806

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    Historic Ashland Building on Main
    $265,000
    0.08 Acres
    Historic Ashland Building on Main

    Iconic 1884 building with commercial space and residential apartment.

    518 Main St W, Ashland, WI 54806

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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 Namakagon Waterfront Land Parcel
    $415,000
    0.58 Acres
    Lake Namakagon Waterfront Land Parcel

    Exceptional lake lot on Anderson Island with 150' frontage.

    44870 County Hwy D, Cable, WI 54821

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    Lake Superior Waterfront Land
    $300,000
    17.00 Acres
    Lake Superior Waterfront Land

    17 acres with 419' frontage on Lake Superior.

    17 AC ON LAKE RD, Ironwood, MI 49938

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    Lake Superior Waterfront Land
    $500,000
    20.00 Acres
    Lake Superior Waterfront Land

    20 acres with 733' frontage on Lake Superior.

    20 AC ON LAKE RD, Ironwood, MI 49938

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    Wooded Land with Creek Frontage
    $75,000
    7.70 Acres
    Wooded Land with Creek Frontage

    7.7-acre parcel with creek, utilities, and trail access.

    4074W WEBER RD, Mercer, WI 54547

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    Mellen, WI Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Mellen, WI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 11,596 square feet of properties for sale, with an estimated market value of $775,000.

    Sale prices for residential income properties in Mellen, WI start at $250,000, averaging $258,333, and reaching up to $275,000 — 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 3
    Duplexes 2
    Quadplexes 1

    Demographics Overview

    Population 1,133
    Population Growth (5Y) -6.6%
    Median Household Income $66,667
    College Educated 23.9%

    Taxes & Financing

    Tax Rate (average for all types) 2.25%
    Tax Rate vs County Average 0.18 pp below county avg
    Average Loan-to-Value 65.0%

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