# 5121 SPRUCE ST, Laona, WI 54541 > **TL;DR:** 2bd/2ba multi-family, $114,900. > Waterfront. Est. $615/mo. Listed 9 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $114,900 | | Bedrooms | 2 | | Bathrooms | 2 full | | Lot Size | 9,148 sqft (0.21 acres) | | Stories | 1 | | Property Type | Multi-Family (Duplex) | | Status | Active | | Days on Market | 9 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $581 | | Estimated Insurance | $34 | | **Total** | **$615** | ## Key Amenities - Waterfront ## Property Highlights - 0.21 acre lot - Waterfront ## Description ### Agent 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! ## Location - **Address:** 5121 SPRUCE ST, Laona, WI 54541 - **County:** Forest - **Coordinates:** 45.55826831, -88.67119487 - **Google Maps:** https://www.google.com/maps?q=45.55826831,-88.67119487 ## Listing Agent - **Name:** CLIFF KOLINSKY - **Brokerage:** Century 21 Burkett and Associates - **Broker Phone:** (715) 479-3090 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/5121-Spruce-St_Laona_WI_54541_M88284-19141?f=listhub&s=GNMLSWI&m=220125&c=propsimple) ## Photos ![5121 SPRUCE ST - Photo 1](http://lh.rdcpix.com/bcf38849c03a65bf2a5246f0207037b5l-f3922050561r.jpg) ![5121 SPRUCE ST - Photo 2](http://lh.rdcpix.com/bcf38849c03a65bf2a5246f0207037b5l-f2126589883r.jpg) ![5121 SPRUCE ST - Photo 3](http://lh.rdcpix.com/bcf38849c03a65bf2a5246f0207037b5l-f2444037648r.jpg) ![5121 SPRUCE ST - Photo 4](http://lh.rdcpix.com/bcf38849c03a65bf2a5246f0207037b5l-f2262081177r.jpg) ![5121 SPRUCE ST - Photo 5](http://lh.rdcpix.com/bcf38849c03a65bf2a5246f0207037b5l-f691063947r.jpg) ![5121 SPRUCE ST - Photo 6](http://lh.rdcpix.com/bcf38849c03a65bf2a5246f0207037b5l-f1586179744r.jpg) ![5121 SPRUCE ST - Photo 7](http://lh.rdcpix.com/bcf38849c03a65bf2a5246f0207037b5l-f4025742367r.jpg) ![5121 SPRUCE ST - Photo 8](http://lh.rdcpix.com/bcf38849c03a65bf2a5246f0207037b5l-f1797147629r.jpg) ![5121 SPRUCE ST - Photo 9](http://lh.rdcpix.com/bcf38849c03a65bf2a5246f0207037b5l-f2597966279r.jpg) ![5121 SPRUCE ST - Photo 10](http://lh.rdcpix.com/bcf38849c03a65bf2a5246f0207037b5l-f4288142872r.jpg) ![5121 SPRUCE ST - Photo 11](http://lh.rdcpix.com/bcf38849c03a65bf2a5246f0207037b5l-f591612029r.jpg) ![5121 SPRUCE ST - Photo 12](http://lh.rdcpix.com/bcf38849c03a65bf2a5246f0207037b5l-f2292015186r.jpg) ![5121 SPRUCE ST - Photo 13](http://lh.rdcpix.com/bcf38849c03a65bf2a5246f0207037b5l-f731225751r.jpg) ![5121 SPRUCE ST - Photo 14](http://lh.rdcpix.com/bcf38849c03a65bf2a5246f0207037b5l-f4037594579r.jpg) ![5121 SPRUCE ST - Photo 15](http://lh.rdcpix.com/bcf38849c03a65bf2a5246f0207037b5l-f2124791320r.jpg) ![5121 SPRUCE ST - Photo 16](http://lh.rdcpix.com/bcf38849c03a65bf2a5246f0207037b5l-f3846908248r.jpg) ![5121 SPRUCE ST - Photo 17](http://lh.rdcpix.com/bcf38849c03a65bf2a5246f0207037b5l-f3421366517r.jpg) ![5121 SPRUCE ST - Photo 18](http://lh.rdcpix.com/bcf38849c03a65bf2a5246f0207037b5l-f81782143r.jpg) ![5121 SPRUCE ST - Photo 19](http://lh.rdcpix.com/bcf38849c03a65bf2a5246f0207037b5l-f1035039307r.jpg) --- **MLS#:** 220125 | **Updated:** 2026-10-24 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/5121-spruce-st-laona-wi-54541-13086f4d2f6c4ab29e51ab3c202b5ee9) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/5121-spruce-st-laona-wi-54541-13086f4d2f6c4ab29e51ab3c202b5ee9#listing", "url": "https://www.propertysimple.ai/listing/5121-spruce-st-laona-wi-54541-13086f4d2f6c4ab29e51ab3c202b5ee9", "name": "5121 SPRUCE ST, Laona, WI 54541", "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. 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