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209 E Park St, Rhinelander, WI 54501

Rhinelander
Local realty services provided by:CENTURY 21 Affiliated
209 E Park St,Rhinelander, WI 54501
$295,000
  • 5 Beds
  • 4 Baths
  • 2,486 sq. ft.
  • Multi-family
  • Pending
Listed by: luke durkee
Office: twenty-two re llc.
MLS#:216869
Source:WI_GNMLS

Price summary

  • Price:$295,000
  • Price per sq. ft.:$118.66

About this home

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.

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Home facts

  • Subdivision & Development:1st Add
  • Listing ID #:216869
  • Added:161 day(s) ago
  • Updated:October 15, 2026 at 07:59 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:2,486 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Composition, Shingle
  • Building area:2,486 sq. ft.
  • Lot area:0.22 Acres
  • Architectural Style:Two Story
  • Construction Materials:Frame
  • Foundation Description:Block, Stone
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$295,000
  • Price per sq. ft.:$118.66
  • Tax amount:$1,993 (2025)

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