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    Rhinelander, WI Residential Income Properties for Sale

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    Woodboro, WI Lake Tomahawk, WI Pelican Lake, WI
    7 results
    Mixed-Use Building in Rhinelander, WI
    $449,900
    5,800 SF

    Mixed-Use Building in Rhinelander, WI

    400-406 PELHAM ST S, Rhinelander, WI 54501

    Multi-use commercial/residential building with retail, office, and apartments.

    • Multi‑use commercial/residential building with significant income potential.
    • High‑visibility corner lot location in the heart of Rhinelander, WI.
    • Approximately 5800 sq ft of retail/office space on the main floor.
    • Five residential units: one 2‑bedroom, 1‑bath unit and four 2‑bedroom, 1‑bath apartments, plus an efficiency apartment.
    • Off‑street private paved parking.
    Updated: Oct 14, 2025
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    Multi-Use Property in Rhinelander, WI
    $549,900
    9,130 SF

    Multi-Use Property in Rhinelander, WI

    400-416 PELHAM ST S, Rhinelander, WI 54501

    Multi-use property with apartments, retail, and office spaces.

    • Multi‑use property with significant income potential.
    • High‑visibility corner location in the heart of Rhinelander, WI, with high traffic count and private paved parking.
    • Building One features approx. 3330 sq ft of residential space and approx. 5800 sq ft of retail/office space, with reconfiguration potential.
    • Building Two offers approx. 2000 sq ft divided into 3 retail/office spaces with a full basement.
    • Many of the residential units have been recently remodeled.
    Updated: May 19, 2025
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    Rhinelander Three-Unit Office Building
    $159,900
    2,000 SF

    Rhinelander Three-Unit Office Building

    Three-unit office building in Rhinelander with high traffic counts.

    416 PELHAM ST S, Rhinelander, WI 54501
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    Rhinelander Commercial Property with Residence
    $359,000
    2,665 SF

    Rhinelander Commercial Property with Residence

    Commercial property with showroom, office, storage, and residential building.

    1409 LINCOLN ST, Rhinelander, WI 54501
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    Remodeled Triplex Ready for Rent
    $278,000

    Remodeled Triplex Ready for Rent

    Recently remodeled triplex with three vacant units ready for rental.

    17 W Prospect Street, Rhinelander, WI 54501
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    Quality Inn
    $6,100,000
    89,008 SF

    Quality Inn

    Quality Inn – Rhinelander, WI.

    668 W Kemp St, Rhinelander, WI 54501
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    Prime Commercial Land Opportunity
    $1,600,000
    10,800 SF

    Prime Commercial Land Opportunity

    11.3 acres of commercial land ideal for development.

    1540 Pueblo Dr, Rhinelander, WI 54501
    View details
    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 7 Active listings in Rhinelander, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

    Lakefront Investment Opportunity in Tomahawk
    $625,000
    0.43 Acres

    Lakefront Investment Opportunity in Tomahawk

    Waterfront vacation rental property on Lake Mohawksin with strong rental history.

    101 HICKEY AVE E, 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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    Minocqua Fourplex Investment Opportunity
    $274,900
    0.37 Acres

    Minocqua Fourplex Investment Opportunity

    Fourplex in Minocqua with diverse floorplans and close to town.

    9503 CORY LN, Minocqua, WI 54548
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    Minocqua Mixed-Use Opportunity on Highway
    $599,000
    2,502 SF

    Minocqua Mixed-Use Opportunity on Highway

    Commercial/residential property near downtown with lake frontage and rental potential.

    8135 US-51, Minocqua, WI 54548
    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.

    Level Lot in Downtown
    $75,000
    0.21 Acres

    Level Lot in Downtown

    Buildable lot with city utilities in Three Lakes, Wisconsin.

    6970 GOGEBIC ST, Three Lakes, WI 54562
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    5+ Acre Parcel in Wisconsin
    $55,000
    5.04 Acres

    5+ Acre Parcel in Wisconsin

    Ideal location to build, camp, or recreate near lakes.

    OLD ELCHO RD lot: 2, Pelican Lake, WI 54463
    View details
    Tomahawk Development Opportunity Near Lake
    $250,000
    0.98 Acres

    Tomahawk Development Opportunity Near Lake

    Prime commercial land for development near Lake Mohawksin.

    RAILWAY ST N lot: 1-6, Tomahawk, WI 54487
    View details
    Wooded Lot Near Bishop Lake
    $44,000
    1.33 Acres

    Wooded Lot Near Bishop Lake

    1.325-acre wooded lot with deeded lake access near Crandon.

    ALLEN RD lot: #4, Crandon, WI 54520
    View details

    Off-Market Properties in Rhinelander, WI

    Consider similar Off-Market properties in Rhinelander, 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.

    9 Rhinelander

    9 Rhinelander

    Land • 4.27 Acres
    Value Estimation by Request
    9 Rhinelander, Rhinelander, WI 54501
    View details
    1540 Pueblo Dr

    1540 Pueblo Dr

    Multifamily properties • 10,800 SF
    Value Estimation by Request
    1540 Pueblo Dr, Rhinelander, WI 54501
    View details
    On Taylor Dr

    On Taylor Dr

    Land • 2.99 Acres
    Value Estimation by Request
    0 On Taylor Dr, Rhinelander, WI 54501
    View details

    Rhinelander, WI Residential Income Properties Investment Opportunities Market Analysis

    Explore 10 residential income properties for sale in Rhinelander, WI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 119,403 square feet of properties for sale, with an estimated market value of $9,218,700.

    Sale prices for residential income properties in Rhinelander, WI start at $159,900, averaging $1,536,450, and reaching up to $6,100,000 — 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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    6-Month New Listing Trend

    Monthly new listing volume vs. 6-month average in Rhinelander.

    Top Commercial Asset Segments

    Multifamily properties 6
    Apartment buildings 3
    Triplexes 2
    Duplexes 1
    Single family properties 1

    Demographics Overview

    Population 21K
    Population Growth (5Y) +6.2%
    Median Household Income $68,602
    College Educated 35.4%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    54501 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 2.19%
    Tax Rate vs County Average 0.49 pp above county avg
    Average Loan-to-Value 65.0%

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