About This Home

This 5-bedroom, 4-bathroom commercial at 1428 S 4TH AVE in Park Falls, WI is listed for $244,900. on a 1.00 acres lot.

Key Features

  • 1.00 acre lot

Property Details

1 story
4 full
Listing Description

Investment opportunity in the heart of the Northwoods! This well-maintained four-unit property offers an excellent opportunity to add an income-producing asset to your portfolio in a community surrounded by the natural beauty and year-round recreation of Wisconsin's Northwoods.

The property features a desirable mix of (2) two bedroom, one-bath units, (1) one-bedroom, one-bath unit, and (1) studio, providing flexibility for a variety of tenants. Units 1, 2 and 4 have been fully remodeled, while Unit 3 has been well maintained and features updated windows.

Each unit has separate electric, individual water heaters, and LP boiler heat. A coin-operated washer and dryer are offered in the basement for tenants, providing additional income to the owner. The building is serviced by a private well and mound septic system installed in 2004.

Located just south of Park Falls on State Highway 13, the property is conveniently situated minutes from the amenities of Park Falls while providing tenants a country setting in the middle of everything that makes the Northwoods special. Park Falls is surrounded by lakes, forests and year-round recreation, with easy access to the Flambeau River, Ch

equamegon-Nicolet National Forest, the Tuscobia State Trail and an extensive network of ATV and snowmobile trails. Whether you're looking to expand your rental portfolio, add a multifamily property in a recreational Northwoods community, or looking for your own residence with income, this investment property offers a solid combination of location, updates, functional unit layouts and long-term potential.

Monthly Cost Estimate

$1,310/mo

20% down · 6.5% · 30 years

Principal$177
Interest$1,061
Insurance$71

Estimates only. Actual payments may vary.

Location

1428 S 4TH AVE

Park Falls, WI 54552

Property Details

Flooring

Vinyl

Construction

Cedar Frame

Parking

Driveway

Heating

Propane (Heating)Hot Water(Heating)

Questions & Answers

This 5-bedroom, 4-bathroom commercial at 1428 S 4TH AVE is listed at $244,900. The estimated monthly payment is $1,309 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 1.00 acre lot.

This property is listed by CALA NEU.

CN

CALA NEU

License 58726 - 90

Agent at Northwoods Realty, LLC

Listed by Northwoods Realty, LLC · Broker phone: (715) 820-0636 · Broker website

MLS# 219155· Source: Greater Northwoods MLS· 67 days on PropertySimple

Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1428 S 4TH AVE, Park Falls, WI 54552

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