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    Rice Lake, WI Residential Income Properties for Sale

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    Cameron, WI Barron, WI Mikana, WI
    Established Bar and Restaurant For Sale
    $339,900
    4,172 SF
    Established Bar and Restaurant For Sale

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

    Beloved bar and restaurant with rental apartment near Tuscobia Trail.
    • Prime location on Main Street in Brill, WI, offering high visibility and accessibility.
    • Direct access to ATV, snowmobile, and Tuscobia Trails, attracting outdoor enthusiasts.
    • Established bar and restaurant business with existing customer base.
    • Includes a 2‑bedroom rental apartment for additional income or employee housing.
    • Additional parcels across the street offer expansion or development opportunities.
    Updated: May 11
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    Four-Unit Residential Income Property
    $400,000
    2,728 SF
    Four-Unit Residential Income Property

    36 W Eau Claire Street, Rice Lake, WI 54868

    Four-unit building with two-bedroom and one-bedroom units, including private bathrooms in every unit.
    • Four‑unit rental property with (2) 2‑bedroom units and (2) 1‑bedroom units
    • Each unit includes a private bathroom
    • Major improvements: completely rewired electrical system in 2022
    • Siding and roofing replaced after the 2023 hailstorms
    • Public water and public sewer
    Updated: May 27
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    Corner-Lot Mixed-Use Downtown Property
    $379,900
    4,009 SF
    Corner-Lot Mixed-Use Downtown Property

    A tenant-occupied mixed-use building with street-facing retail space and a separate upper apartment.

    1 S Main Street, Rice Lake, WI 54868

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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.

    Residential Income Triplex Home
    $257,000
    2,068 SF
    Residential Income Triplex Home

    Versatile Barron property with a 2-bedroom home setup plus two efficiency apartments and conversion flexibility.

    127 S 2ND Street, Barron, WI 54812

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    Newer 8-Plex Apartment Building
    $1,500,000
    6,664 SF
    Newer 8-Plex Apartment Building

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

    526 Jean-Marie Street, Barron, WI 54812

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    Spooner, WI Multifamily Development Lot
    $75,000
    1.08 Acres
    Spooner, WI Multifamily Development Lot

    1.076-acre lot suitable for single or multi-family development.

    Pine Drive, Spooner, WI 54801

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    Spooner, WI Multi-Family Lot
    $50,000
    0.46 Acres
    Spooner, WI Multi-Family Lot

    0.46-acre lot with utilities for residential or mixed-use development.

    Dur A Bilt Road, Spooner, WI 54801

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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.

    8.74 Acres in Rice Lake
    $375,000
    8.74 Acres
    8.74 Acres in Rice Lake

    8.74 acre property suitable for residential or commercial development.

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

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    8.74 Acre Versatile Land Parcel
    $375,000
    8.74 Acres
    8.74 Acre Versatile Land Parcel

    8.74 acre property suitable for residential or commercial development.

    70-72 Linden Avenue, Rice Lake, WI 54868

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    Residential Land Near Cameron School
    Contact for pricing
    0.23 Acres
    Residential Land Near Cameron School

    Land for residential development near the new Cameron Elementary School.

    914 Clayton Street, Cameron, WI 54822

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    Commercial Corner Lot for Development
    $55,000
    1.59 Acres
    Commercial Corner Lot for Development

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

    E Taylor Avenue lot: 4, Barron, WI 54812

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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 $1,119,800.

    Sale prices for residential income properties in Rice Lake, WI start at $339,900, averaging $373,266, and reaching up to $400,000 — 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

    Multifamily properties 1
    Quadplexes 1
    Single family properties 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 $359.9K

    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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