954 Pinos St, Rhinelander, WI 54501

Investor opportunity just minutes from Hodag Park! This down-to-the-studs multi-unit property is a true handyman special, ready for a full transformation. With demolition started, the heavy lifting has already begun—allowing a new owner to redesign layouts, finishes, and systems to maximize value and long-term returns. Whether you’re looking to renovate and hold, reposition as updated rentals, or explore resale potential, this blank-canvas asset offers flexibility for a variety of investment strategies. Conveniently located near parks, downtown amenities, and year-round recreation, the setting supports strong rental demand once complete. Bring your vision, contractor, and toolbox—this is a rare chance to add significant equity in a desirable Rhinelander location. Property is being sold as-is.