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    Tomahawk, WI
    Residential Income

    Tomahawk, WI Residential Income Properties for Sale

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    7 properties
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    Ranch-Style Duplex
    Updated: May 30
    Ranch-Style Duplex

    526 MARTIN LN, Tomahawk, WI 54487

    $700,000
    5.00 AC lot
    Duplex with 2 bedrooms and 2 full bathrooms per unit
    5.002‑acre property at 526 Martin Ln, Tomahawk, WI 54487
    Built in 2006 with ranch‑style layouts
    Gas fireplace and expansive windows in each unit
    Main‑floor laundry and mudroom in each residence
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    Remodeled Up-and-Down Duplex
    Updated: Aug 14
    Remodeled Up-and-Down Duplex

    222 PROSPECT AVE E, Tomahawk, WI 54487

    $299,000
    0.16 AC lot
    Two‑unit duplex with 2 bedrooms and 1 bathroom per apartment
    Extensively remodeled kitchens, bathrooms, electrical, flooring, lighting, siding, and paint
    Each unit includes in‑unit laundry and separate utilities
    Attached 2‑car garage with one stall for each unit
    Lower unit includes a full basement and covered porch
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    Ranch Duplex with Private Decks
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    222 E Prospect Ave, Tomahawk, WI 54487

    $299,000
    1,707 sqft

    Each residence offers two bedrooms, one bathroom, and refreshed interior finishes across a practical two-level layout.

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    Waterfront Multifamily Property
    Waterfront Multifamily Property

    607 N 4th St, Tomahawk, WI 54487

    $599,000
    3,062 sqft

    Three separate residences offer flexible layouts, private entrances, and direct access to Lake Mohawksin.

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    2-Unit Duplex with Private Deck
    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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    Fully Occupied 4-Plex Investment
    Fully Occupied 4-Plex Investment

    102 E Lincoln Ave, Tomahawk, WI 54487

    $220,000

    Older four-unit property is fully occupied and situated across from a city park and splash pad in Tomahawk.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 7 Active listings in Tomahawk, 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.

    Pub with Apartment Units
    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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    Side-by-Side Duplex with Pole Building
    Side-by-Side Duplex with Pole Building

    1412 E 6th Street, Merrill, WI 54452

    $157,250
    1,133 sqft

    Two-unit property with attached parking and a separate outbuilding.

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    Updated Duplex with Detached Garage
    Updated Duplex with Detached Garage

    501 E 9TH STREET, Merrill, WI 54452

    $249,900
    0.22 AC lot

    Two rented units feature matching three-bedroom layouts, tenant-paid utilities, and recent interior and exterior improvements.

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    Two-Building Mixed-Use Property
    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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    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.

    Tomahawk Development Opportunity Near Lake
    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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    Ready-to-Build Land with Lake Access
    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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    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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    Residential Land Near Golf Course
    Residential Land Near Golf Course

    GREEK STREET lot: 2, Merrill, WI 54452

    $57,900
    0.69 AC lot

    0.69 acre lot near Merrill Golf Course.

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    Tomahawk, WI Residential Income Properties Market Trends and Statistics

    Explore 7 residential income properties for sale in Tomahawk, WI, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 6,959 square feet of properties for sale, with an estimated market value of $2,717,000.

    Sale prices for residential income properties in Tomahawk, WI start at $220,000, averaging $388,142, and reaching up to $700,000 — 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 7
    Duplexes 5
    Quadplexes 1
    Short term rental properties 1

    Demographics Overview

    Population 9,740
    Population Growth (5Y) +1.6%
    Median Household Income $76,712
    College Educated 15.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    54487 $388.1K

    Taxes & Financing

    Tax Rate (average for all types) 1.71%
    Tax Rate vs County Average 0.74 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lincoln County

    New Delisted

    Total CRE Inventory on Market (SF)

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