About This Home

This 2-bedroom, 2-bathroom multi-family at 5121 SPRUCE ST in Laona, WI is listed for $114,900. on a 0.21 acres lot.

Key Features

  • 0.21 acre lot
  • Waterfront

Property Details

1 story
2 full

Amenities

Waterfront
Listing Description

Unique investment opportunity on the Rat River in Laona, WI! Originally used as a scout camp, this charming structure was relocated to its current setting and placed on a new foundation. Featuring two identical efficiency apartments, this well-maintained duplex offers flexibility for rental income or can easily be converted into a cozy single-family home by opening the connecting interior doors.

Recent improvements include new furnaces and water heaters. Enjoy 50 feet of level frontage on the Rat River (pier included) along with a spacious, grassy yard perfect for pets, gardening, or outdoor relaxation. Conveniently located near numerous recreational opportunities, this clean, well-cared-for property is turnkey and ready for its next owner. Whether you're looking for an investment property, weekend getaway, or affordable year-round residence, this versatile property offers plenty of possibilities!

Monthly Cost Estimate

$615/mo

20% down · 6.5% · 30 years

Principal$83
Interest$498
Insurance$34

Estimates only. Actual payments may vary.

Location

5121 SPRUCE ST

Laona, WI 54541

Features & Amenities

Exterior Features

Dock

Property Details

Flooring

Vinyl

Construction

Frame

Parking

Garage

Heating

Natural GasForced Air

Appliances

ElectricOvenElectricRangeElectricWaterHeaterRefrigerator

Questions & Answers

This 2-bedroom, 2-bathroom multi-family at 5121 SPRUCE ST is listed at $114,900. The estimated monthly payment is $615 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.21 acre lot, Waterfront. Exterior Features: Dock.

This property is listed by CLIFF KOLINSKY.

CK

CLIFF KOLINSKY

Agent at Century 21 Burkett and Associates

Listed by Century 21 Burkett and Associates · Broker phone: (715) 479-3090 · View on Broker Site · Broker website

MLS# 220125· Source: Greater Northwoods MLS· 8 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.

5121 SPRUCE ST, Laona, WI 54541

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