Active Residential Income  |  Multi Family  |  MLS #1597375
  • 816 and 812 S Wisconsin Avenue 816 and 812

    Rice Lake, WI 54868
    • 2,823 Square
      Feet
    • 1.94 Total
      Acres
  • $230,000

    $81/Sq.Ft.

Property Description

Are you looking to expand your rental portfolio, invest in a multi-unit property, or purchase a home that can help pay for itself? This unique opportunity features two homes situated on nearly 2 acres right in the City of Rice Lake. The main home offers 4 bedrooms and 1 bathroom, an easy-flowing main level layout, and the convenience of both main-level laundry and main-level bath as well as an attached garage. Each bedroom is generously sized, making the home comfortable for families or future tenants. The second residence is a charming 1-bedroom, 1-bathroom home with an open-concept design and its own 1-car detached garage, perfect for rental income, guests, or multi-generational living. Outdoors, enjoy the rare amount of yard space this in-town property provides, ideal for gardening, recreation, or future expansion. Plus, you’ll appreciate all the perks of city living, including city water and sewer, and easy access to groceries, healthcare, schools, and shopping. Whether you are an investor or owner-occupant, this property offers flexibility, income potential, and space that is hard to find within the city limits.

Interior Features

  • Above Grade Finished Area: 2,613 SqFt
  • Appliances Included: Dryer, Dishwasher, Electric Water Heater, Microwave, Other, Oven, Range, Refrigerator, See Remarks, Washer
  • Basement: None, Partial
  • Below Grade Unfinished Area: 210 SqFt
  • Building Area Total: 2,823 SqFt
  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Foundation: Other, Poured, See Remarks
  • Heating: Baseboard, Forced Air
  • Living Area: 2,613 SqFt

Exterior Features

  • Construction: Aluminum Siding, Vinyl Siding
  • Lot Size: 1.94 Acres
  • Parking: Driveway, Gravel
  • Sewer: Public Sewer
  • Style: Multiplex
  • Water Source: Public

Property Details

  • 2025 Taxes: $4,874
  • County: Barron
  • Number of Units: 2
  • Possession: Close of Escrow
  • Property Subtype: Multi Family
  • School District: Rice Lake Area
  • Status: Active
  • Township: City of Rice Lake
  • Unit Number: 816 And 812
  • Year Built: 1901
  • Zoning: Residential
  • Listing Office: Real Estate Solutions
  • Last Update: December 16th @ 2:10 PM

Units

Unit #1  |  $0
Bedrooms: 4  |  Bathrooms: 1
1,893 SqFt
Garage: 1 Car, Detached

this an entirely separate home, on separate tax id, Oven/Range, Refrigerator

Unit #2  |  $0
Bedrooms: 1  |  Bathrooms: 1
720 SqFt
Garage: 1 Car, Detached

this an entirely separate home, on separate tax id, Dishwasher, Dryer, Oven/Range, Refrigerator, Washer

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Data relating to real estate for sale on this website comes in part from the IDX program of the NW WI MLS. Information provided by NW WI MLS is compiled from third-party sources. The information is deemed reliable, but cannot be guaranteed. Neither NW WI MLS, the listing broker, or its agents or subagents are responsible for its accuracy. DISCLAIMER: This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is updated on a regular basis. However, some properties which appear for sale on this site may subsequently have been sold and may no longer be available. This data is current as of December 18th, 2025 at 4:35 AM.