Seller's Agent in 2025
Rae Zelazoski
FIRST WEBER - RHINELANDER
(715) 490-1163
94 Total Sales
1205 W Phillip St Rhinelander, WI 54501
Rhinelander Area
8
Beds
4
Baths
3,500
Sq Ft
0.36
Acre Lot
About This Home
As of August 2025Discover a prime multi-family property located just minutes from downtown Rhinelander. This four-unit building offers a strong investment opportunity with consistent rental history and room for value-add improvements. Each unit features 2 bedrooms and 1 bathroom, providing spacious layouts for tenants. Whether you're expanding your rental portfolio or diving into your first income property, this one checks all the boxes.The property includes off-street parking, separate utilities, and easy access to local amenities, schools, and shopping. With high demand for rentals in the area, this fourplex is a smart move for investors seeking long-term cash flow potential or perfect for owner-occupants—live in one unit and let the rental income from the other three help cover your mortgage. The property includes a detached 4-car garage, providing added convenience for tenants.
Last Agent to Sell the Property
FIRST WEBER - RHINELANDER License #85381 - 94 Listed on: 06/05/2025
Last Buyer's Agent
NON NON MEMBER
NON-MEMBER
Property Details
Home Type
- Multi-Family
Lot Details
- 15,682 Sq Ft Lot
Home Design
- Quadruplex
- Frame Construction
- Shingle Roof
- Composition Roof
Interior Spaces
- 3,500 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Utilities
- Heating Available
- Well
Listing and Financial Details
- Assessor Parcel Number RH-3539-1
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2025
Closed on
Aug 14, 2025
Sold by
Bought by
Seller's Agent
Rae Zelazoski
FIRST WEBER - RHINELANDER
Buyer's Agent
NON NON MEMBER
NON-MEMBER
List Price
$340,000
Sold Price
$305,000
Premium/Discount to List
-$35,000
-10.29%
Views
6
Purchase Details
Closed on
Nov 20, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
0.0505%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $562,500 | Northwoods Title | ||
| $165,000 | Northern Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $500,000 | ||
| Previous Owner | $140,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | Sold | $305,000 | -10.3% | $87 / Sq Ft |
| 08/11/2025 08/11/25 | Pending | -- | -- | -- |
| 07/31/2025 07/31/25 | For Sale | $340,000 | 0.0% | $97 / Sq Ft |
| 07/17/2025 07/17/25 | Off Market | $340,000 | -- | -- |
| 06/13/2025 06/13/25 | Price Changed | $340,000 | +900.0% | $97 / Sq Ft |
| 06/05/2025 06/05/25 | For Sale | $34,000 | -- | $10 / Sq Ft |
Source: Greater Northwoods MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,195 | $188,700 | $25,200 | $163,500 |
| 2024 | $4,618 | $188,700 | $25,200 | $163,500 |
| 2023 | $4,451 | $188,700 | $25,200 | $163,500 |
| 2022 | $3,744 | $188,700 | $25,200 | $163,500 |
| 2021 | $4,407 | $188,700 | $25,200 | $163,500 |
| 2020 | $3,887 | $188,700 | $25,200 | $163,500 |
| 2019 | $4,040 | $188,700 | $25,200 | $163,500 |
| 2018 | $4,006 | $188,700 | $25,200 | $163,500 |
| 2017 | $4,030 | $188,700 | $25,200 | $163,500 |
| 2016 | $4,233 | $188,700 | $25,200 | $163,500 |
| 2015 | $4,088 | $188,700 | $25,200 | $163,500 |
| 2014 | $4,088 | $188,700 | $25,200 | $163,500 |
| 2011 | $3,947 | $195,800 | $31,400 | $164,400 |
Source: Public Records
Agents Affiliated with this Home
-
Rae Zelazoski
-
N
Buyer's Agent in 2025
NON NON MEMBER
NON-MEMBER
Map
Source: Greater Northwoods MLS
MLS Number: 212609
APN: 27601-3539-0001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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