Property Attributes
- MLS#22604113
- TypeSingle Family
- Listing Status Active
- CountyPRICE
- CityPark Falls
- Zip54552
- Style1 Story
- Year Built1920
- Taxes$ 2015
- Price$ 244,900
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3140
- Lot Size1 Acres
Data Source:
Central Wisconsin BOR (CWBR)
Property Description
Investment opportunity in the heart of the Northwoods! This well-maintained four-unit property offers an excellent opportunity to add an income-producing asset to your portfolio in a community surrounded by the natural beauty and year-round recreation of Wisconsin's Northwoods. The property features a desirable mix of (2) two bedroom, one-bath units, (1) one-bedroom, one-bath unit, and (1) studio, providing flexibility for a variety of tenants. Units 1, 2 and 4 have been fully remodeled, while Unit 3 has been well maintained and features updated windows. Each unit has separate electric, individual water heaters, and LP boiler heat. A coin-operated washer and dryer are offered in the basement for tenants, providing additional income to the owner. The building is serviced by a private well and mound septic system installed in 2004. Located just south of Park Falls on State Highway 13, the property is conveniently situated minutes from the amenities of Park Falls while providing tenants a country setting in the middle of everything that makes the Northwoods special. Park Falls is surrounded by lakes, forests and year-round recreation, with easy access to the Flambeau River, Chequamegon-Nicolet National Forest, the Tuscobia State Trail and an extensive network of ATV and snowmobile trails. Whether you're looking to expand your rental portfolio, add a multifamily property in a recreational Northwoods community, or looking for your own residence with income, this investment property offers a solid combination of location, updates, functional unit layouts and long-term potential.
| Price History | |
|---|---|
| 8/21/2026 | Listed $244,900 |
General Features
| Heating | Forced Air |
|---|---|
| Roof | Metal,Shingle |
| Garage | None |
| Appliances | Refrigerator,Washer,Dryer,Oven |
| Status | ACTIVE |
| Water Heater | Electric |
| Style | 1 Story |
| County | Price County |
| Class | Residential |
| Age | 100+ Yrs |
| Tax Year | 2025 |
| Status | Active |
| Area | Other |
| Year Built | 1920 |
| Directions | Heading S of Park Falls,Take the 2nd Right on Hwy 13 |
Interior Features
| Basement | Partial Finished,Full,Laundry Hookups |
|---|---|
| Full Baths | 4 |
| Fuel Type | LP Gas |
| Utility/Laundry | Lower Level Utility |
Exterior Features
| Exterior | Concrete Block |
|---|---|
| Waterfront | No |
| Lot Size Area | 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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