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    Tomahawk, WI Residential Income Properties for Sale

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    Merrill, WI Irma, WI Gleason, WI
    Ranch-Style Duplex for Sale
    $1,133,000
    5.00 Acres
    Ranch-Style Duplex for Sale

    526 MARTIN LN, Tomahawk, WI 54487

    Ranch-style duplex on about five acres with 2BR/2BA units, gas fireplace, and main-floor laundry.
    • 2006 ranch‑style duplex with frame construction, central air, and forced‑air natural gas heat
    • Each unit includes a gas fireplace, open‑concept living space, and expansive windows
    • Layout per unit features 2 bedrooms and 2 full bathrooms, plus main‑floor laundry and mudroom
    • Duplex includes kitchen appliances: refrigerator, microwave, gas range and gas oven, dishwasher, washer and dryer
    • Exterior features include landscaping and a patio; parking includes a garage
    Updated: May 30
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    Tomahawk, WI Commercial Land
    $479,900
    60.57 Acres
    Tomahawk, WI Commercial Land

    60 Acres SOMO AVE E, Tomahawk, WI 54487

    60-acre corner lot suitable for commercial or multi-unit residential development.
    • 60‑acre corner lot with high traffic and exposure, ideal for commercial or residential development.
    • Zoning allows for a wide variety of uses including commercial, residential, and light industrial.
    • Upland sections are ready for immediate development.
    • Convenient location near Hwy 51/Hwy 86 intersection, gateway to WI recreational areas.
    • Multiple ingress/egress options due to corner lot location.
    Updated: Aug 7, 2025
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    Fully Occupied 4-Plex Investment
    $220,000
    Fully Occupied 4-Plex Investment

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

    102 E Lincoln Ave, Tomahawk, WI 54487

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    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.

    Bar and Grill with Upstairs Apartment
    $489,900
    0.70 Acres
    Bar and Grill with Upstairs Apartment

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

    705 4TH ST N, Merrill, WI 54487

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    Updated Duplex in Merrill, WI
    $249,900
    0.22 Acres
    Updated Duplex in Merrill, WI

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

    501 E 9TH STREET, Merrill, WI 54452

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    Rhinelander Three-Unit Office Building
    $159,900
    2,000 SF
    Rhinelander Three-Unit Office Building

    Three-unit office building in Rhinelander with high traffic counts.

    416 PELHAM ST S, Rhinelander, WI 54501

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    Remodeled Triplex Ready for Rent
    $278,000
    Remodeled Triplex Ready for Rent

    Recently remodeled triplex with three vacant units ready for rental.

    17 W Prospect Street, Rhinelander, WI 54501

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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
    $250,000
    0.98 Acres
    Tomahawk Development Opportunity Near Lake

    Prime commercial land for development near Lake Mohawksin.

    RAILWAY ST N lot: 1-6, Tomahawk, WI 54487

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    Residential Land Near Golf Course
    $57,900
    0.69 Acres
    Residential Land Near Golf Course

    0.69 acre lot near Merrill Golf Course.

    GREEK STREET lot: 2, Merrill, WI 54452

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    Residential Land Near Golf Course
    $59,900
    0.69 Acres
    Residential Land Near Golf Course

    0.69 acre lot near Merrill Golf Course.

    GREEK STREET lot: 7, Merrill, WI 54452

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    Riverfront Residential Building Lot
    $150,000
    1.14 Acres
    Riverfront Residential Building Lot

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

    Sunshine Road lot: 1, Merrill, WI 54452

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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. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,832,900.

    Sale prices for residential income properties in Tomahawk, WI start at $220,000, averaging $610,966, and reaching up to $1,133,000 — 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
    Apartment buildings 1
    Duplexes 1
    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 $479.9K

    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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