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.
For sale
$305,000
209 E Park St, Rhinelander, WI 54501
5beds
2,486sqft
Est.: Get pre-qualified
Quadruplex, Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$123/sqft
$-- HOA
What's special
Efficient open-concept livingFunctional and balanced layout
- 24 days |
- 467 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
LUKE DURKEE 715-493-3179,
TWENTY-TWO RE LLC
Source: GNMLS,MLS#: 216869
Tour with a local agent
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
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Listed for sale | $305,000+107.5%$123/sqft |
Source: | ||
| 9/15/2022 | Sold | $147,000+5%$59/sqft |
Source: | ||
| 8/1/2022 | Contingent | $140,000$56/sqft |
Source: | ||
| 7/31/2022 | Listed for sale | $140,000+273.3%$56/sqft |
Source: | ||
| 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$15/sqft |
Source: Coldwell Banker Mulleady, Inc. REALTORS #128373 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 54501
Nearby schools
GreatSchools rating
- 5/10Central Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 5/10James Williams Middle SchoolGrades: 6-8Distance: 1.3 mi
- 6/10Rhinelander High SchoolGrades: 9-12Distance: 1.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Wisconsin
- Oneida County
- Rhinelander
- 54501
- 209 E Park St






