$134,900
- 4 Beds
- 2 Baths
- 1,516 Sq Ft
212 N Prospect St, Merrill, WI 54452
LACERTE TEAM COLDWELL BANKER ACTION
5
Merrill, WI Multifamily Homes & Duplexes for Sale
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212 N Prospect St, Merrill, WI 54452
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Explore Merrill
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$244,900
- 6 Beds
- 2 Baths
- 1,456 Sq Ft
501 E 9th St Unit 1-2, Merrill, WI 54452
501 E 9th St Unit 1-2, Merrill, WI 54452Steve LaCerte COLDWELL BANKER ACTION
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$244,900
- 6 Beds
- 2 Baths
- 1,612 Sq Ft
501 E 9th St, Merrill, WI 54452
501 E 9th St, Merrill, WI 54452LACERTE TEAM COLDWELL BANKER ACTION
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$144,900
- 4 Beds
- 2 Baths
- 1,359 Sq Ft
504 N Cleveland St, Merrill, WI 54452
504 N Cleveland St, Merrill, WI 54452LACERTE TEAM COLDWELL BANKER ACTION
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$354,900
- 8 Beds
- 4 Baths
- 3,360 Sq Ft
1322 W Main St, Merrill, WI 54452
1322 W Main St, Merrill, WI 54452LACERTE TEAM COLDWELL BANKER ACTION
Why Live in Merrill
Merrill, Wisconsin, is a small city with a rich history rooted in the lumber industry, situated along the Wisconsin River. With a population under 10,000, Merrill maintains a quaint atmosphere with its Main Street lined with small businesses and the towering Lincoln County Courthouse. The city offers year-round attractions, including walking trails and boat ramps along the river, and hosts annual fairs, festivals, and rodeos that foster community spirit. Housing options range from Victorian-style homes with mature trees to midcentury and late 1990s single-family homes, with undeveloped lots available south of the river. The median sales price is notably below the national median, appealing to budget-conscious buyers. Merrill Area Public Schools are highly rated, providing quality education and community classes such as jelly-making and beekeeping. Recreational activities abound, from kayaking at Riverside Park to snowshoeing at the Merrill Area Recreation Complex. The city’s historical Riverbend Trail offers insights into local history, while the Bierman Family Aquatic Center provides summer relief. Shopping and dining are concentrated north of the river, with options like Chip's Hamburgers and Hugo's Pizza. Merrill is connected to Wausau, 20 miles south, offering additional employment opportunities and amenities.
Home Trends in Merrill, WI
On average, homes in Merrill, WI sell after 155 days on the market compared to the national average of 70 days. The median sale price for homes in Merrill, WI over the last 12 months is $500,000, up 76% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$500,000
Median Single Family Sale Price
$394,900
Average Price Per Sq Ft
$182
Number of Homes for Sale
4
Last 12 months Home Sales
10
Months of Supply
4.80
Median List Price
$394,900
Median Change From 1st List Price
17%
Median Home Sale Price YoY Change
76%
In Merrill, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $134,900 to $354,900, there's a range to accomodate every budget. As of August, 2025 the median home price in Merrill is $394,900, while the average sale price is $391,800, offering insights into the local housing market. On average, multi-family homes spend 155 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Merrill, WI.
Merrill Types of Homes for Sale
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