For sale

$305,000

209 E Park St, Rhinelander, WI 54501

5beds

2,486sqft

$2,020/mo

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.

116 days
188
4

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

Estimated market value

Not available

Estimated sales range

Not available

Price history

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