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    Washburn, WI Residential Income Properties for Sale

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    Ashland, WI Bayfield, WI Mason, WI
    Mixed-Use Retail and Apartments
    $329,000
    4,156 SF
    Mixed-Use Retail and Apartments

    324 W Bayfield St, Washburn, WI 54891

    Fully occupied mixed-use building with a ground-floor storefront and two upstairs apartments in downtown Washburn.
    • Fully occupied mixed‑use building with a 2,130 sq ft commercial storefront and two upper apartments (625 sq ft and 835 sq ft).
    • Live‑work zoning allows an owner‑operator to occupy the commercial space while rental apartments provide income.
    • Rear apartment includes Lake Superior views, helping support tenant renewals.
    • Newer boiler, metal roof, and full walk‑out basement.
    • Fiber optic internet plus off‑street parking.
    Updated: May 18
    View details
    Downtown Mixed-Use Building
    $329,000
    4,079 SF
    Downtown Mixed-Use Building

    324 W Bayfield St, Washburn, WI 54891

    Fully occupied mixed-use property with a storefront and two leased upper apartments under live-work zoning.
    • Downtown Washburn mixed‑use building with 2,130 SF commercial storefront plus two leased upper apartments
    • Fully occupied with a strong tenant history and live‑work zoning that permits owner occupancy
    • Newer boiler and full basement
    • Metal roof and gutter/downspout exterior features
    • Off‑street parking on‑site
    Updated: May 21
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Washburn, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    Mixed-Use Apartment Building
    $2,775,000
    35,078 SF
    Mixed-Use Apartment Building

    37-unit mixed-use building with street-level storefronts and apartments above, plus coin-operated laundry on each floor.

    210 Main St W, Ashland, WI 54806

    View details
    Duplex with Separate Entrances
    $159,900
    2,008 SF
    Duplex with Separate Entrances

    Two units each with 2 bedrooms, 1 bath, full basements, and garage options on a 0.24-acre lot.

    919 Nightingale Street, Ironwood, MI 49938

    View details
    Updated Duplex with Garage Space
    $159,900
    1,004 SF
    Updated Duplex with Garage Space

    Well-maintained duplex in Ironwood with updated interiors and garages.

    919 Nightingale St, Ironwood, MI 49938

    View details
    Mixed-Use Apartment and Retail Building
    $2,775,000
    35,078 SF
    Mixed-Use Apartment and Retail Building

    37-unit building with five main-level storefronts and coin laundry on every floor.

    210 MAIN ST W, Ashland, WI 54806

    View details

    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.

    Bayfield Land with Lake Views
    $949,900
    29.79 Acres
    Bayfield Land with Lake Views

    29.79+/- acres with Lake Superior views and development potential.

    35480 Whitetail Ave, Bayfield, WI 54814

    View details
    Bayfield Land For Sale
    $949,900
    Bayfield Land For Sale

    Land available in Bayfield, Wisconsin.

    35480 Whitetail Avenue, Bayfield, WI 54814

    View details
    Long Lake Waterfront Lots Available
    $150,000
    0.69 Acres
    Long Lake Waterfront Lots Available

    Two lake lots totaling 0.69 acres with beach access.

    Lot 22-23 East Long Lake, Iron River, WI 54847

    View details
    Lake Superior Waterfront Land
    $300,000
    17.00 Acres
    Lake Superior Waterfront Land

    17 acres with 419' frontage on Lake Superior.

    17 AC ON LAKE RD, Ironwood, MI 49938

    View details

    Off-Market Properties in Washburn, WI

    Consider similar Off-Market properties in Washburn, WI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Bigelow St
    Land
    Lot: 0.77 Acres
    Value Estimation by Request
    Bigelow St

    0 Bigelow St, Washburn, WI 54891

    View details

    Washburn, WI Residential Income Properties Investment Opportunities Market Analysis

    Explore 3 residential income properties for sale in Washburn, WI on our real estate platform. These investment opportunities span a total of 8,235 square feet of properties for sale, with an estimated market value of $658,000.

    Sale prices for residential income properties in Washburn, WI start at $329,000, averaging $329,000, and reaching up to $329,000 — 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

    Duplexes 2
    Multifamily properties 2

    Demographics Overview

    Population 3,327
    Population Growth (5Y) +0.3%
    Median Household Income $70,298
    College Educated 57.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    54891 $329K

    Taxes & Financing

    Tax Rate (average for all types) 1.54%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Bayfield County

    New Delisted

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