Discover a prime multi-family property located just minutes from downtown Rhinelander. This four-unit building offers a strong investment opportunity with consistent rental history and room for value-add improvements. Each unit features 2 bedrooms and 1 bathroom, providing spacious layouts for tenants. Whether you're expanding your rental portfolio or diving into your first income property, this one checks all the boxes.The property includes off-street parking, separate utilities, and easy access to local amenities, schools, and shopping. With high demand for rentals in the area, this fourplex is a smart move for investors seeking long-term cash flow potential or perfect for owner-occupants—live in one unit and let the rental income from the other three help cover your mortgage. The property includes a detached 4-car garage, providing added convenience for tenants.
Sold for $305,000 on 08/14/25
$305,000
1205 W Phillip St, Rhinelander, WI 54501
8beds
3,500sqft
Quadruplex, Multi Family
Built in ----
-- sqft lot
$310,200 Zestimate®
$87/sqft
$1,221 Estimated rent
Home value
$310,200
Estimated sales range
Not available
$1,221/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 14, 2025 at 01:11pm
Listed by:
RAEGENE ZELAZOSKI 715-490-1163,
FIRST WEBER - RHINELANDER
Bought with:
NON NON MEMBER
NON-MEMBER
Source: GNMLS,MLS#: 212609
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Bedroom
- Level: First
- Dimensions: 10x12
Bedroom
- Level: Second
- Dimensions: 10x12
Bedroom
- Level: First
- Dimensions: 11'9x9
Bedroom
- Level: Second
- Dimensions: 11'9x9
Bathroom
- Level: First
Bathroom
- Level: Second
Bathroom
- Level: First
Bathroom
- Level: Second
Dining room
- Level: First
- Dimensions: 7'6x8'6
Dining room
- Level: Second
- Dimensions: 7'7x8'6
Kitchen
- Level: First
- Dimensions: 8x8
Kitchen
- Level: First
- Dimensions: 8x8
Kitchen
- Level: Second
- Dimensions: 8x8
Living room
- Level: First
- Dimensions: 12x16
Living room
- Level: Second
- Dimensions: 12x16
Heating
- Electric
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,500
- Total interior livable area: 3,500 sqft
- Finished area above ground: 3,500
- Finished area below ground: 0
Property
Parking
- Parking features: Four Car Garage, Four or more Spaces
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Frontage length: 0,0
Lot
- Size: 0.36 Acres
Details
- Parcel number: RH35391
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Frame
- Roof: Composition,Shingle
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Rhinelander
Other
Other facts
- Ownership: Fee Simple,Sole Prop
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2025 | Sold | $305,000-10.3%$87/sqft |
Source:  GNMLS #212609 Report a problem | ||
| 8/11/2025 | Pending sale | $340,000$97/sqft |
Source: GNMLS #212609 Report a problem | ||
| 7/16/2025 | Listing removed | $340,000$97/sqft |
Source: GNMLS #212609 Report a problem | ||
| 7/13/2025 | Listed for sale | $340,000$97/sqft |
Source: GNMLS #212609 Report a problem | ||
| 6/19/2025 | Contingent | $340,000$97/sqft |
Source: GNMLS #212609 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 54501
Nearby schools
GreatSchools rating
- 5/10Central Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 5/10James Williams Middle SchoolGrades: 6-8Distance: 1.8 mi
- 6/10Rhinelander High SchoolGrades: 9-12Distance: 1.5 mi
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