Rhinelander, WI Residential Income Properties for Sale

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Mcnaughton, WI Harshaw, WI Pelican Lake, WI Tomahawk, WI Lake Tomahawk, WI Monico, WI Three Lakes, WI Gleason, WI

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Updated: Aug 12

Mixed-Use Building with Apartments

66 BROWN ST N, Rhinelander, WI 54501

$230,000

0.21 AC lot

Three street‑level commercial spaces
Six upper‑floor apartments with private parking
Current commercial occupants include a bakery and hair salon
0.21‑acre downtown Rhinelander property at 66 Brown St N
Brick, frame, and vinyl siding construction

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Updated: Oct 14, 2025

Mixed-Use Retail and Apartment Building

400-406 PELHAM ST S, Rhinelander, WI 54501

$449,900

0.53 AC lot

Approximately 5,800 square feet of main‑level retail and office space
852‑square‑foot residential unit with 2 bedrooms and 1 bathroom
Four 2‑bedroom, 1‑bath apartments plus one efficiency apartment
Approximately 3,300 square feet of upper‑level residential space
All units currently leased

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Two-Building Mixed-Use Property

400-416 PELHAM ST S, Rhinelander, WI 54501

$549,900

0.70 AC lot

Corner-lot asset combines apartments with retail and office areas in a downtown setting.

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Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

Pub With On-Site Apartments

5340 Bridge Rd, Rhinelander, WI 54543

$330,000

7,300 sqft 5.80 AC lot

Includes banquet dining, three apartments, and additional space for a small retail shop or office.

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Mixed-Use Building with Apartments

66 Brown St, Rhinelander, WI 54501

$230,000

8,600 sqft

Corner property combines street-level commercial space, upper-floor apartments, and private parking in historic downtown Rhinelander.

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Pub with Apartment Units

5340 Bridge, Rhinelander, WI 54543

$330,000

7,300 sqft 5.80 AC lot

Established pub property with bar, banquet dining, multiple apartments, storage facilities, and recreational vehicle access on a level site.

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Flex Space with Apartments

701 Washington St, Rhinelander, WI 54501

$470,000

5,000 sqft

B3 General Use property combines office, shop, training, garage, and residential components in one adaptable building.

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Standalone Residential Income Property

3527 Lake Thompson Road, Unit 4, Rhinelander, WI 54501

$350,000

900 sqft

The residence combines an open layout and deck with a detached garage and access to shared lake amenities.

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Two-Story Mixed-Use Building

151 Brown St N, Rhinelander, WI 54501

$850,000

Refurbished brick building combines restaurant operations with two occupied residential apartments.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 9 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.

Duplex with Detached Garage

110 2ND ST S, Eagle River, WI 54521

$325,900

0.17 AC lot

Two residential units offer a three-bedroom layout upstairs and a two-bedroom layout downstairs.

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2-Unit Duplex with Private Deck

1226 E Somo Ave, Tomahawk, WI 54487

$300,000

2,190 sqft

Two leased residences feature separate utilities, forced-air furnaces, and private outdoor space overlooking a wooded backyard.

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Ranch Duplex with Private Decks

1226 SOMO AVE E, Tomahawk, WI 54487

$300,000

0.64 AC lot

Two-unit ranch property with separate utilities, tenant occupancy, and outdoor space overlooking a wooded rear yard.

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Established Short-Term Rental Business

MAPLEWOOD LN, Eagle River, WI 54521

$245,000

Management agreement covers 12 condo units and includes pontoon boat rentals.

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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.

Ready-to-Build Land with Lake Access

1749 Melody Ln, Rhinelander, WI 54501

$69,990

Land with well, septic, and lake access near Rhinelander.

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5+ Acre Parcel in Wisconsin

OLD ELCHO RD lot: 2, Pelican Lake, WI 54463

$55,000

5.04 AC lot

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

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Tomahawk Development Opportunity Near Lake

RAILWAY ST N lot: 1-6, Tomahawk, WI 54487

$200,000

0.98 AC lot

Prime commercial land for development near Lake Mohawksin.

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Wooded Land with Lake Access

ALLEN RD lot: #4, Crandon, WI 54520

$37,000

1.33 AC lot

Private wooded parcel with deeded access to full-recreation Bishop Lake and a gravel driveway.

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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.

Land

9 Rhinelander, Rhinelander, WI 54501

Estimated value: by Request

4.27 AC lot

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Multifamily properties

1540 Pueblo Dr, Rhinelander, WI 54501

Estimated value: by Request

10,800 sqft 11.31 AC lot

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Land

0 On Taylor Dr, Rhinelander, WI 54501

Estimated value: by Request

2.99 AC lot

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Rhinelander, WI Residential Income Properties Market Trends and Statistics

Explore 12 residential income properties for sale in Rhinelander, WI, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 29,100 square feet of properties for sale, with an estimated market value of $3,789,800.

Sale prices for residential income properties in Rhinelander, WI start at $230,000, averaging $421,088, and reaching up to $850,000 — 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

Demographics Overview

Population 21K

Population Growth (5Y) +6.2%

Median Household Income $68,602

College Educated 35.4%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
Mc Naughton - 54543	$330K
Rhinelander - 54501	$1.2M

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%

Listings Trend

New vs delisted commercial listings in Oneida County

New Delisted

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