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    Merrill, WI Residential Income Properties for Sale

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    Mosinee, WI Wausau, WI Athens, WI
    8 listings
    Merrill, WI Multifamily Property
    $220,800
    3,600 SF
    Merrill, WI Multifamily Property

    200 E 3RD STREET, Merrill, WI 54452

    Four-unit multifamily property near amenities in Merrill, Wisconsin.
    • 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.
    Updated: Nov 14, 2025
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    New Deluxe Duplex Under Construction
    $314,900
    976 SF
    New Deluxe Duplex Under Construction

    305 S KYES STREET, Merrill, WI 54452

    New construction duplex with modern amenities, completion expected May 2026.
    • Brand new construction with estimated completion May 2026.
    • Includes all appliances: refrigerator, range, dishwasher, microwave, washer, and dryer.
    • Features in‑floor zoned heat and central air.
    • Each unit has an attached heated one‑car garage.
    • Kitchens feature white cabinetry, stone countertops, and stainless steel appliances.
    Updated: Jan 27
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    New Duplex Under Construction
    $314,900
    976 SF
    New Duplex Under Construction

    New two-bedroom duplex with modern amenities, expected completion May 2026.

    309 S KYES STREET, Merrill, WI 54452

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    Bar and Grill with Upstairs Apartment
    $489,900
    0.70 Acres
    Bar and Grill with Upstairs Apartment

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

    705 4TH ST N, Merrill, WI 54487

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    Updated Duplex in Merrill, WI
    $249,900
    0.22 Acres
    Updated Duplex in Merrill, WI

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

    501 E 9TH STREET, Merrill, WI 54452

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    Updated 2-Unit Rental Property
    $324,900
    0.22 Acres
    Updated 2-Unit Rental Property

    Four well-maintained units offer updated interiors, separate utilities, and in-place tenant revenue potential.

    1322 W MAIN STREET, Merrill, WI 54452

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    Corner Lot Redevelopment Opportunity
    $175,000
    6,049 SF
    Corner Lot Redevelopment Opportunity

    Two-story building on a corner lot with redevelopment potential.

    201 N Center Ave, Merrill, WI 54452

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    Corner Lot Redevelopment Opportunity
    $175,000
    6,049 SF
    Corner Lot Redevelopment Opportunity

    Corner lot on main thoroughfare with redevelopment potential.

    201 N CENTER AVENUE, Merrill, WI 54452

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    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 8 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.

    Wausau Duplex: Investment Opportunity
    $399,900
    3,500 SF
    Wausau Duplex: Investment Opportunity

    Spacious duplex in Riverview with income potential and owner-occupancy.

    4410-4412 HILLTOP ROAD, Wausau, WI 54403

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    Ranch-Style Duplex for Sale
    $1,133,000
    5.00 Acres
    Ranch-Style Duplex for Sale

    Ranch-style duplex on about five acres with 2BR/2BA units, gas fireplace, and main-floor laundry.

    526 MARTIN LN, Tomahawk, WI 54487

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    Tomahawk, WI Commercial Land
    $479,900
    60.57 Acres
    Tomahawk, WI Commercial Land

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

    60 Acres SOMO AVE E, Tomahawk, WI 54487

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    Student Housing Complex in Wausau
    $6,698,000
    75,000 SF
    Student Housing Complex in Wausau

    Premier student housing complex near Northcentral Technical College.

    1636 N 3rd Ave, Wausau, WI 54401

    View details

    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
    $57,900
    0.69 Acres
    Residential Land Near Golf Course

    0.69 acre lot near Merrill Golf Course.

    GREEK STREET lot: 2, Merrill, WI 54452

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    Residential Land Near Golf Course
    $59,900
    0.69 Acres
    Residential Land Near Golf Course

    0.69 acre lot near Merrill Golf Course.

    GREEK STREET lot: 7, Merrill, WI 54452

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    Riverfront Residential Building Lot
    $150,000
    1.14 Acres
    Riverfront Residential Building Lot

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

    Sunshine Road lot: 1, Merrill, WI 54452

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    Residential Land in Wooded Area
    $32,500
    1.85 Acres
    Residential Land in Wooded Area

    1.85 acre residential land with wooded and lawn areas.

    2315 BOOT LANE, Wausau, WI 54403

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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
    6,049 SF Lot: 0.29 Acres
    Value Estimation by Request

    201 Center Ave, Merrill, WI 54452

    View details
    State Highway 64
    Land
    Lot: 2.23 Acres
    Value Estimation by Request
    State Highway 64

    0 State Highway 64, Merrill, WI 54452

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    Wi-64
    Land
    Lot: 6.32 Acres
    Value Estimation by Request
    Wi-64

    0 Wi-64, Merrill, WI 54452

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    Wi-64
    Land
    Lot: 6.32 Acres
    Value Estimation by Request
    Wi-64

    0 Wi-64, Merrill, WI 54452

    View details

    Merrill, WI Residential Income Properties Market Trends and Statistics

    Explore 12 residential income properties for sale in Merrill, WI, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 17,650 square feet of properties for sale, with an estimated market value of $1,200,600.

    Sale prices for residential income properties in Merrill, WI start at $175,000, averaging $240,120, and reaching up to $314,900 — 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 7
    Duplexes 3
    Quadplexes 2

    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 $241.9K
    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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