$1,399,000

0 Beds 0 Baths 16,000 Sqft
1160 3rd Avenue South, Park Falls, WI 54552
Property Type: Commercial
Time on Market: 79 days
Price per Sqft: $87
Lot Size: 50000+,59721
Total Taxes: $20,159
Est. Age: 21+ Years

Description

This exceptional investment opportunity awaits with this well-maintained 23-unit apartment complex, featuring two residential buildings and two 12-stall garages on 1.37 acres. The unit mix includes sixteen (16) two-bedroom 1-bath units, six (6) one-bedroom 1-bath units, and one (1) spacious four-bedroom unit?offering variety and flexibility for tenants. Each unit enjoys back patio areas, while the garages provide parking or storage. Tenants contribute to utility costs, helping reduce operational expenses for the owner. Ideally located within walking distance of local shops and essential services?and just minutes from downtown?this property delivers both small-town charm and consistent rental income. Whether you're expanding your portfolio or entering the multifamily market, this income-producing asset in a growing community is one you won't want to miss. Call today for more information!!

Property Details

Interior

Heating/Cooling:
  • Baseboard
Sqft:
  • Total Sqft: 16,000
  • Estimated Sqft Range: 5001 or more

Exterior

Acreage:
  • Range: 1 to 4.99
Exterior:
  • Vinyl, Wood
Lot:
  • Size: 50000+,59721
Roofing:
  • Shingle
Water:
  • Waterfront: N
Water/Waste:
  • Municipal Water, Municipal Sewer

Misc.

Business For Sale:
  • Y
New Construction:
  • N
Postal:
  • Code: 54552
Street:
  • Name: 3RD AVENUE SOUTH
Tax Year:
  • 2024
Value Range:
  • Pricing: N

Map

Listing Agent-Provided Directions:
  • Hwy 13,E onto 10th,N to 3

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Schools and Neighborhood

Postal City:
  • Park Falls
Municipality:
  • Name: PARK FALLS
  • Type: City
County:
  • PRICE

Listing Information

  • Time on Market: 79 days
  • Place Perfect Last Updated: 2025-07-10 13:42:27
  • MLS Number: 22502416
  • Subsystem Locale: WIREX_CWBR
  • Listing Office: NORTHWOODS REALTY
  • Listing Agent: CALA NEU
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