Oconomowoc, WI Multifamily Homes & Duplexes for Sale

Oconomowoc, Wisconsin, is a small town in Lake Country with historical roots tracing back to the Potawatomi people and later French Canadian fur traders. Named after the Potawatomi word for waterfall, the town features a waterfall over Fowler Lake Dam into Lac La Belle. With a population of about 9,000, Oconomowoc has seen growth in seasonal residents due to the popularity of short-term rentals. Housing options include suburban homes from the early 2000s, ranch-style, and contemporary-style houses, along with historic lodge-style homes by the lakes. Recreational activities are centered around lake access, with Fowler Lake Park offering grills, sports courts, and a fishing pier. The Oconomowoc Yacht Club provides motorboat docks and event spaces. Summer events include free Friday night concerts at the Rhodee Memorial Bandshell and fireworks shows on Memorial Day and the Fourth of July. Winters allow for ice skating and ice fishing. The downtown area on East Wisconsin Avenue features boutique shops, cafés, wine bars, and international dining, with lakeside restaurants like Twisted Fire. The Oconomowoc Area School District is highly rated, boasting a 97% graduation rate. Commuters can reach Milwaukee, 34 miles away, or Madison, 50 miles away, via Interstate 94. Crime rates are below state and national averages.