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    Washburn, WI
    Residential Income

    Washburn, WI Residential Income Properties for Sale

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    Bayfield, WI Ashland, WI La Pointe, WI Mason, WI Cornucopia, WI Sanborn, WI Herbster, WI Marengo, WI
    Mixed-Use Property with Apartments
    Updated: May 21
    Mixed-Use Property with Apartments

    324 W Bayfield St, Washburn, WI 54891

    $329,000
    4,079 sqft 0.24 AC lot
    2,130 sq ft commercial storefront with two leased upper apartments
    4,079 square feet of total property size on a 0.24‑acre parcel
    Live‑work zoning permits owner occupancy
    Rear apartment includes Lake Superior views
    Full basement, off‑street parking, and metal roof
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    Mixed-Use Building with Apartments
    Updated: May 18
    Mixed-Use Building with Apartments

    324 W Bayfield St, Washburn, WI 54891

    $329,000
    4,156 sqft 0.24 AC lot
    4,156‑square‑foot mixed‑use building with a 2,130‑square‑foot commercial storefront
    Two upper‑level apartments measuring 625 and 835 square feet
    Fully occupied property with live‑work zoning
    Rear apartment offers Lake Superior views
    Full walk‑out basement, metal roof, and off‑street parking
    View details
    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 Washburn, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 3 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.

    37-Unit Mixed-Use Property
    37-Unit Mixed-Use Property

    210 Main St W, Ashland, WI 54806

    $2,775,000
    35,078 sqft 0.48 AC lot

    Main-level storefronts complement apartments with private bathrooms and floor-by-floor coin laundry.

    View details
    Two-Home Duplex with Decks
    Two-Home Duplex with Decks

    68246 County Hwy H, Iron River, WI 54847

    $329,900
    2,576 sqft 0.28 AC lot

    Two residences on one parcel offer flexible owner-occupant and rental configurations.

    View details
    Apartment Building with Storefront
    Apartment Building with Storefront

    410 Main St W, Ashland, WI 54806

    $450,000
    3,485 sqft 0.08 AC lot

    Mixed-use configuration combines a ground-floor commercial storefront with upper-level residential units.

    View details
    Two-Home Duplex with Decks
    Two-Home Duplex with Decks

    68246 County Hwy H, Iron River, WI 54847

    $329,900

    Two residences on one parcel, including a 3BD/2BA home with deck and hot tub area and a renovated 2BD/2BA home.

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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.

    Lake Superior Waterfront Land
    Lake Superior Waterfront Land

    17 AC ON LAKE RD, Ironwood, MI 49938

    $300,000
    17.00 AC lot

    Level lakefront acreage with natural surroundings, driveway access, and expansive Lake Superior views.

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    Wooded Northwoods Land Lot
    Wooded Northwoods Land Lot

    TBD Lot #4 Tressel Trail lot: #4, Iron River, WI 54847

    $63,000
    5.04 AC lot

    A 5-acre wooded lot with power available and high-ground building areas, suited for a home or cabin site.

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    Land Parcel Near Public Wilderness
    Land Parcel Near Public Wilderness

    Power Line Road lot: Parcel 9, Iron River, WI 54847

    $63,000
    5.46 AC lot

    5.46 acre parcel near county land with utilities available.

    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

    0 Bigelow St, Washburn, WI 54891

    Estimated value:
    by Request
    0.77 AC lot
    View details

    Washburn, WI Residential Income Properties Market Trends and Statistics

    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 average $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

    Multifamily properties 2
    Triplexes 1

    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

    Total CRE Inventory on Market (SF)

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