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    Rice Lake, WI
    Residential Income

    Rice Lake, WI Residential Income Properties for Sale

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    Cameron, WI Barron, WI Birchwood, WI Chetek, WI Sarona, WI Almena, WI Barronett, WI Cumberland, WI
    Wagon Wheel Mixed-Use Property
    Updated: May 11
    Wagon Wheel Mixed-Use Property

    2756 23 1/2 Street, Rice Lake, WI 54868

    $339,900
    4,172 sqft 0.97 AC lot
    4,172‑square‑foot mixed‑use property on 0.967 acres
    Bar and restaurant occupy the main level
    Two‑bedroom rental apartment on the second story
    Near the ATV, snowmobile, and Tuscobia Trail routes
    Forced‑air heating and central air conditioning
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    This listing looks promising.

    Here's a quick look at some key insights for

    2756 23 1/2 Street, Rice Lake, WI 54868

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    • Est. Cap Rate

      5.1%
      NOI ÷ price

    • Est. NOI

      $17K
      Annual

    • Mortgage

      $10K
      Aug 2020
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    Four-Unit Quadplex With Updated Exterior
    Updated: May 27
    Four-Unit Quadplex With Updated Exterior

    36 W Eau Claire Street, Rice Lake, WI 54868

    $350,000
    2,728 sqft 0.12 AC lot
    Two 2‑bedroom units and two 1‑bedroom units with private bathrooms
    Completely rewired electrical system completed in 2022
    New siding and roofing after 2023 hailstorms
    Remodeled interiors plus deck exterior feature
    Built in 1940 with basement and baseboard heat
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    Mixed-Use Office Building with Apartment
    Mixed-Use Office Building with Apartment

    1 S Main Street, Rice Lake, WI 54868

    $379,900
    4,009 sqft 0.06 AC lot

    Downtown mixed-use office building with salon/studio space, lower-level services, and a three-bedroom apartment above.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Rice Lake, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Remodeled 4-Unit Multifamily Property
    Remodeled 4-Unit Multifamily Property

    328 N Old 53rd Street, New Auburn, WI 54757

    $350,000
    4,500 sqft 0.27 AC lot

    Remodeled 4-unit building with updated mechanicals and in-unit laundry, supported by off-street parking.

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    Remodeled Quadplex with Parking
    Remodeled Quadplex with Parking

    328 County Highway Ss, New Auburn, WI 54757

    $350,000
    4,500 sqft

    Updated multifamily property with partial occupancy, unit-level improvements, and convenient off-street parking.

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    Restaurant with Apartment and Garage
    Restaurant with Apartment and Garage

    613 E La Salle Avenue, Barron, WI 54812

    $195,000
    2,673 sqft 0.14 AC lot

    Restaurant space with an on-site rented apartment, plus a 16x24 garage for storage and business equipment needs.

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    Newer 8-Plex Apartment Building
    Newer 8-Plex Apartment Building

    526 Jean-Marie Street, Barron, WI 54812

    $1,500,000
    6,664 sqft 0.80 AC lot

    Two-year-old 8-plex with modern amenities and efficient systems.

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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 Lots Package For Sale
    Residential Lots Package For Sale

    910-1025 Nottingham Street, Rice Lake, WI 54868

    $250,000

    Package of 18 platted residential lots ready for development.

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    8.74 Acres in Rice Lake
    8.74 Acres in Rice Lake

    OL 70-72 Linden Avenue, Rice Lake, WI 54868

    $375,000
    8.74 AC lot

    8.74 acre property suitable for residential or commercial development.

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    Residential Land Near Cameron School
    Residential Land Near Cameron School

    914 Clayton Street, Cameron, WI 54822

    Contact for pricing
    0.23 AC lot

    Land for residential development near the new Cameron Elementary School.

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    Commercial Corner Lot for Development
    Commercial Corner Lot for Development

    E Taylor Avenue lot: 4, Barron, WI 54812

    $55,000
    1.59 AC lot

    Level 1.59-acre corner parcel zoned for commercial use with municipal utilities available at the street.

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    Rice Lake, WI Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Rice Lake, WI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 10,909 square feet of properties for sale, with an estimated market value of $1,069,800.

    Sale prices for residential income properties in Rice Lake, WI start at $339,900, averaging $356,600, and reaching up to $379,900 — 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 1
    Quadplexes 1

    Demographics Overview

    Population 16K
    Population Growth (5Y) +4.4%
    Median Household Income $64,567
    College Educated 35.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    54868 $365K

    Taxes & Financing

    Tax Rate (average for all types) 1.75%
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Barron County

    New Delisted

    Total CRE Inventory on Market (SF)

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