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    Three Lakes, WI
    Residential Income

    Three Lakes, WI Residential Income Properties for Sale

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    Eagle River, WI Sugar Camp, WI Rhinelander, WI Conover, WI Plum Lake, WI Phelps, WI St Germain, WI Land O Lakes, WI
    Mixed-Use Building with Detached Garage
    Updated: Apr 9
    Mixed-Use Building with Detached Garage

    1791 SUPERIOR ST, Three Lakes, WI 54562

    $499,900
    0.21 AC lot
    3,362 SF main‑floor commercial space for retail or office use
    Three residential units: two 2‑bedroom apartments and one 1‑bedroom apartment
    Five income‑generating tenants
    Detached garage: 24' x 55'
    Forced‑air natural gas heating with central air
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    Mixed-Use Property with Detached Garage
    Updated: Apr 9
    Mixed-Use Property with Detached Garage

    1791 Superior St, Three Lakes, WI 54562

    $499,900
    3,362 SF of main‑floor commercial space
    Three apartments: two 2‑bedroom units and one 1‑bedroom unit
    Five income‑generating tenants across commercial and residential spaces
    Detached 24' x 55' garage
    Commercial area suited to retail or office use
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Three Lakes, 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.

    Two-Story Duplex with Garage
    Two-Story Duplex with Garage

    639 ALBAN ST, Rhinelander, WI 54501

    $140,000
    0.21 AC lot

    Two-unit residential property with separate metering, public utilities, updated flooring, and a mix of occupied and available space.

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    Convenience Store with Attached Home
    Convenience Store with Attached Home

    667 HWY 45, Eagle River, WI 54521

    $610,000
    1.68 AC lot

    Retail convenience and specialty store with an attached 4-bedroom, 3-bath residence and lakefront sand frontage.

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    Short-Term Rental Property Management Business
    Short-Term Rental Property Management Business

    MAPLEWOOD LN, Eagle River, WI 54521

    $245,000

    Exclusive management rights support a condo association rental program on the Sugar Camp Chain of Lakes with 12 units in place.

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    Three-Unit Renovation Property
    Three-Unit Renovation Property

    1208 Mason St, Rhinelander, WI 54501

    $99,000

    Vacant multifamily structure requiring comprehensive renovation and reconfiguration, with no current tenant occupancy.

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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.

    Rhinelander Waterfront Land for Sale
    Rhinelander Waterfront Land for Sale

    3633 KUCZMARSKI DR, Rhinelander, WI 54501

    $154,900
    2.47 AC lot

    2.4 acre lot on Second Lake, Moen Chain of Lakes.

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    Buildable Lake Area Land with Pole Building
    Buildable Lake Area Land with Pole Building

    1402 Kentuck Lake Landing Road, Phelps, WI 54554

    $259,000
    5.39 AC lot

    Buildable parcel with a 64-by-40 pole building featuring a 12-by-12 overhead door and concrete floor.

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    Residential Lot Overlooking Wisconsin River
    Residential Lot Overlooking Wisconsin River

    Lot 6 Riverglen Ave, Rhinelander, WI 54501

    $43,500
    0.43 AC lot

    Residential lot with utilities and river views available for development.

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    Ready-to-Build Land with Lake Access
    Ready-to-Build Land with Lake Access

    1749 Melody Ln, Rhinelander, WI 54501

    $79,000

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

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    Three Lakes, WI Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Three Lakes, WI on our real estate platform.

    Sale prices for residential income properties in Three Lakes, WI average $499,900 — 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 2
    Triplexes 2

    Demographics Overview

    Population 1,867
    Population Growth (5Y) -2.8%
    Median Household Income $67,875
    College Educated 52.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    54562 $499.9K

    Taxes & Financing

    Tax Rate (average for all types) 1.40%
    Tax Rate vs County Average 0.30 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Vilas County

    New Delisted

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