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For sale
  • $305,000

    209 E Park St, Rhinelander, WI 54501

    5beds
    2,486sqft
    : Get pre-qualified
    Quadruplex, Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $123/sqft
    $-- HOA

    What's special

    Efficient open-concept livingFunctional and balanced layout
    Turnkey multifamily investment delivering reliable income with refined upside potential. This well maintained four-unit property offers immediate cash flow and long term value for the discerning investor. Units 1 and 3 are positioned on the main level, while units 2 and 4 are located above, creating a functional and balanced layout. All units are currently leased, ensuring a stable revenue stream from day one. Most floor plans feature efficient open-concept living, seamlessly blending kitchen, dining, and living spaces for modern appeal. Utilities including: gas, electric, water, and garbage are presently owner paid, as units are not separately metered. Gross monthly rent roll: $2,140.00. Rents are currently in process of a positive price adjustment. A polished and dependable addition to any investment portfolio—schedule your private showing today.
    24 days
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    467
    |
    11
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    Zillow last checked:

    Listing updated:

    Listed by:

    LUKE DURKEE 715-493-3179,

    TWENTY-TWO RE LLC

    Source: GNMLS,MLS#: 216869MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Bedroom
      • Level: First
      • Dimensions: 10x10
      Bedroom
      • Level: Second
      • Dimensions: 10x8
      Bedroom
      • Level: Second
      • Dimensions: 10x10
      Bedroom
      • Level: First
      • Dimensions: 15x12
      Bedroom
      • Level: Second
      • Dimensions: 10x17
      Bathroom
      • Level: First
      Bathroom
      • Level: Second
      Bathroom
      • Level: First
      Bathroom
      • Level: Second
      Kitchen
      • Level: First
      • Dimensions: 10x7
      Kitchen
      • Level: Second
      • Dimensions: 10x15
      Kitchen
      • Level: First
      • Dimensions: 17x15
      Kitchen
      • Level: Second
      • Dimensions: 10x17
      Living room
      • Level: First
      • Dimensions: 15x15
      Heating
      • Forced Air, Natural Gas
      Appliances
      • Included: Electric Water Heater, Gas Water Heater
      Features
      • Attic: Crawl Space
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 2,486
      • Total interior livable area: 2,486 sqft
      • Finished area above ground: 2,486
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: No Garage
      Features
      • Levels: Two
      • Stories: 2
      • Frontage length: 0,0
      Lot
      • Size: 9,714 Square Feet
      Details
      • Parcel number: 2760103160000

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Two Story
      • Property subtype: Quadruplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Frame
      • Foundation: Block, Stone
      • Roof: Composition,Shingle

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: 1st Add
      Location
      • Region: Rhinelander

      Financial & listing details

      • Price per square foot: $123/sqft
      • Annual tax amount: $1,993
      • Date on market: 5/6/2026
      • Ownership: Fee Simple
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/6/2026Listed for sale$305,000+107.5%$123/sqft
        Source: GNMLS #216869 Report a problem
        9/15/2022Sold$147,000+5%$59/sqft
        Source: GNMLS #198230 Report a problem
        8/1/2022Contingent$140,000$56/sqft
        Source: GNMLS #198230 Report a problem
        7/31/2022Listed for sale$140,000+273.3%$56/sqft
        Source: GNMLS #198230 Report a problem
        8/21/2012Listing removed$37,500$15/sqft
        Source: Coldwell Banker Mulleady, Inc. REALTORS #128373 Report a problem
        7/27/2012Listed for sale$37,500$15/sqft
        Source: Coldwell Banker Mulleady, Inc. REALTORS #128373 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 54501

          Getting around

          70 / 100
          Somewhat Walkable
          57 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

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