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Phillips, WI Residential Income Properties for Sale

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Restored Phillips Fire Station
$220,000
0.26 Acres

Restored Phillips Fire Station

146 Balsam St, Phillips, WI 54555

Historic 1926 fire station with residential and commercial potential.

  • Prime downtown location with LAKE VIEWS
  • Unique, HISTORICALLY SIGNIFICANT BUILDING: Restored 1926 Phillips Fire Station
  • Flexible residential/commercial zoning with potential for storefront, living space, office, or studio
  • Spacious 1‑bedroom living quarters with bonus room and 1.5 baths
  • Vintage character with ORIGINAL WOOD FLOORS, DOORS, and TRIM
Updated: Jan 23
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Versatile Office Building with Apartment
$105,000
0.05 Acres

Versatile Office Building with Apartment

172 Lake Ave N, Phillips, WI 54555

Office building with apartment and income potential in Phillips, WI.

  • Income‑generating one‑bedroom apartment currently under contract with the State of Wisconsin Corrections for $675/month.
  • Versatile office building with a welcoming reception area and four functional office spaces.
  • Convenient kitchenette included in the office space.
  • New sidewalk in front of the building.
  • Public water and sewer connections.
Updated: Dec 18, 2025
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Historic Building with Living Quarters
$100,000
0.11 Acres

Historic Building with Living Quarters

Unique commercial building with residential space in Phillips, Wisconsin.

195/197 Lake Ave N, Phillips, WI 54555
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Turn-Key Restaurant with Apartment
$399,000
0.72 Acres

Turn-Key Restaurant with Apartment

Restaurant, bar, and grill with banquet room and apartment unit.

784 Lake Ave, Phillips, WI 54555
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Phillips, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Winter WI Fourplex Investment Opportunity
$299,900
1.07 Acres

Winter WI Fourplex Investment Opportunity

Income-producing fourplex near Doc Smith Park and Tuscobia Trail.

6628W Marion St, Winter, WI 54896
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Winter, WI Investment Opportunity
$299,900
1.07 Acres

Winter, WI Investment Opportunity

Multifamily property near Tuscobia Trail, ideal for recreational enthusiasts.

6628W Marion St, Winter, WI 54896
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Mercer Restaurant and Bar Opportunity
$348,500

Mercer Restaurant and Bar Opportunity

Iconic restaurant/bar with high traffic and trail access in Mercer.

1711 Us Highway 51, Mercer, WI 54547
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Iconic Mercer Area Restaurant/Bar
$348,500
0.92 Acres

Iconic Mercer Area Restaurant/Bar

Established restaurant/bar with apartment and high traffic location.

1711 Hwy 51, Mercer, WI 54547
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Phillips, WI Residential Income Properties Investment Opportunities Market Analysis

Explore 4 residential income properties for sale in Phillips, WI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 49,658 square feet of properties for sale, with an estimated market value of $824,000.

Prices for residential income properties in Phillips, WI start at $100,000, averaging $206,000, and reaching up to $399,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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