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    Tomahawk, WI
    Residential Income

    Tomahawk, WI Residential Income Properties for Sale

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    Merrill, WI Irma, WI Tripoli, WI Gleason, WI Harshaw, WI Ogema, WI Rhinelander, WI Hazelhurst, WI
    Ranch Duplex with Gas Fireplace
    Updated: May 30
    Ranch Duplex with Gas Fireplace

    526 MARTIN LN, Tomahawk, WI 54487

    $900,000
    5.00 AC lot
    5.002‑acre lot with public water and public sewer
    Two‑unit ranch layout with two bedrooms and two full bathrooms per unit
    Main‑floor laundry and mudroom in each unit
    Forced‑air natural gas heating with central air
    Gas fireplace
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    Fully Occupied 4-Plex Investment
    Updated: Jun 1
    Fully Occupied 4-Plex Investment

    102 E Lincoln Ave, Tomahawk, WI 54487

    $220,000
    Older 4‑plex within the city limits of Tomahawk
    Fully occupied—tenants in place
    Directly across the street from a city park and splash pad
    Rental history noted as strong in the listing remarks
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    Downtown Restaurant with Apartments
    Downtown Restaurant with Apartments

    204 W Wisconsin Ave, Tomahawk, WI 54487

    Contact for pricing

    Restaurant building with two upstairs apartments, including one freshly updated and one currently rented monthly for $550.

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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 11 Potential Opportunities for your consideration. Besides 3 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.

    Updated Duplex in Merrill, WI
    Updated Duplex in Merrill, WI

    501 E 9TH STREET, Merrill, WI 54452

    $249,900
    0.22 AC lot

    Updated duplex with two 3-bedroom units and a 2-car garage.

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    Bar and Grill with Upstairs Apartment
    Bar and Grill with Upstairs Apartment

    705 4TH ST N, Merrill, WI 54487

    $489,900
    0.70 AC lot

    Operate a full bar and restaurant with a separate 2-bedroom upstairs living or rental unit.

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    Corner Lot Mixed-Use Property
    Corner Lot Mixed-Use Property

    400-416 PELHAM ST S, Rhinelander, WI 54501

    $549,900
    0.70 AC lot

    Two-building downtown mixed-use property with residential apartments plus retail and office space, handicap accessible.

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    Ranch Duplex with Patio
    Ranch Duplex with Patio

    200 WESTHILL RD, Rhinelander, WI 54501

    $319,500
    0.35 AC lot

    Owner-occupied, ranch-style duplex with separate utilities, paved driveway, and a private 10x12 patio for each unit.

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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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    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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    Riverfront Residential Building Lot
    Riverfront Residential Building Lot

    Sunshine Road lot: 1, Merrill, WI 54452

    $150,000
    1.14 AC lot

    Residential waterfront lot with Wisconsin River frontage and utilities available at the lot line.

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    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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    Tomahawk, WI Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Tomahawk, WI, showcased through 3 active listings on our real estate platform.

    Sale prices for residential income properties in Tomahawk, WI start at $220,000, averaging $560,000, and reaching up to $900,000 — 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 3
    Duplexes 2
    Quadplexes 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 $533.3K

    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

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