Residential Income

Merrill, WI Residential Income Properties for Sale

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Updated Duplex in Merrill, WI
Updated: Apr 27
Updated Duplex in Merrill, WI

501 E 9TH STREET, Merrill, WI 54452

$249,900
0.22 AC lot
Duplex in Merrill with both units offering 3 bedrooms and 1 bathroom
Detached 2‑car garage
Tenants in both units pay all utilities
Updates include roof, siding, windows, flooring, and drywall
Forced‑air heating; shingle roof; vinyl exterior
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4-Unit Quadplex with Basement
Updated: Nov 14, 2025
4-Unit Quadplex with Basement

200 E 3RD STREET, Merrill, WI 54452

$209,800
0.31 AC lot
4‑unit quadplex with two 3‑bedroom units and two 1‑bedroom units
Approximately 3,600 square feet on a 0.31‑acre lot
One 3‑bedroom unit includes basement access
Shingle roof replacement is nearly completed
Natural‑gas forced‑air heat and natural‑gas 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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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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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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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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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 7 Active listings in Merrill, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, 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.

5-Unit Apartment Building with Decks
5-Unit Apartment Building with Decks

Schofield, WI 54476

$850,000
0.41 AC lot

Five-unit building built in 1990, with private decks, ranges and refrigerators included, and exterior renovations underway.

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Side-by-Side Duplex
Side-by-Side Duplex

4410-4412 HILLTOP ROAD, Wausau, WI 54403

$379,900
0.30 AC lot

Well-maintained side-by-side duplex with private entry foyers, separate utilities, decks, and central air.

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Duplex with Private Utility Meters
Duplex with Private Utility Meters

537 GROSSMAN DRIVE, Schofield, WI 54476

$149,900
0.47 AC lot

Two-story duplex on a half-acre lot with an attached 3.5-car garage and separate utilities paid by tenants.

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Student Housing Complex in Wausau
Student Housing Complex in Wausau

1636 N 3rd Ave, Wausau, WI 54401

Contact for pricing
75,000 sqft

Premier student housing complex near Northcentral Technical College.

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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.

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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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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Residential Land in Wooded Area
Residential Land in Wooded Area

2315 BOOT LANE, Wausau, WI 54403

$32,500
1.85 AC lot

1.85 acre residential land with wooded and lawn areas.

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Residential Land in Easthill Condominiums
Residential Land in Easthill Condominiums

1021 EASTHILL PLACE, Wausau, WI 54403

$39,800
0.49 AC lot

Building site in luxurious association with utilities in place.

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Off-Market Properties in Merrill, WI

Consider similar Off-Market properties in Merrill, 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
View details
Wi-64
Land

0 Wi-64, Merrill, WI 54452

Value Estimation by Request
6.32 AC lot
View details

Merrill, WI Residential Income Properties Market Trends and Statistics

Explore 11 residential income properties for sale in Merrill, WI, showcased through 7 active listings on our real estate platform.

Sale prices for residential income properties in Merrill, WI start at $119,900, averaging $222,028, and reaching up to $319,900 — 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 8
Duplexes 4
Quadplexes 2
Single family properties 1
Triplexes 1

Demographics Overview

Population 19K
Population Growth (5Y) +2.4%
Median Household Income $65,522
College Educated 26.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Merrill $235.6K
Tomahawk $489.9K

Taxes & Financing

Tax Rate (average for all types) 2.91%
Tax Rate vs County Average 0.46 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lincoln County

New Delisted

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