$1,095,000

1635 Kern Ave Unit 1-11 Rice Lake, WI 54868

Estimated payment $7,161/month

Total Views 35
-- Bed
-- Bath
8,500 Sq Ft
$129 Price per Sq Ft

About This Home

Great investment opportunity with this 11-unit apartment complex featuring 6 two-bedroom units and 5 one-bedroom units, each including a 1-car detached garage. Tenants enjoy access to a community gathering space as they enter the building along with a common laundry area offering 2 coin-operated washers and 2 dryers, providing additional income. Conveniently located close to schools, dining, and shopping, this property is currently producing $10,095 per month, with strong rental history. Coin laundry brings in approximately $2,000 per year.

Listing Agent

Shawn Bergeman

Eau Claire Realty LLC Brokerage Phone: 715-552-1818 License #59453-94 Listed on: 08/18/2025

Co-Listing Agent

Katie Warner

Eau Claire Realty LLC Brokerage Phone: 715-552-1818 License #59482-90

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,342

Year Built

  • Built in 1996

Parking

  • Driveway

Home Design

  • 8,500 Sq Ft Home
  • Slab Foundation
  • Poured Concrete
  • Vinyl Siding

Kitchen

  • Oven
  • Range

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Baseboard Heating

Community Details

  • 11 Units

Listing and Financial Details

  • Exclusions: Tenants Personal
  • Assessor Parcel Number 276500568003

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,342

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Directions: Hwy 53 to South Access Road to Lemler Road, straight onto Kern Ave. - Property on the right-hand side.
  • Lot Size: 144 x 291 x 268 x 159
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Year Built: 1996
  • Lot Size Acres: 1.427
  • Co List Office Mls Id: 409
  • Co List Office Phone: 715-552-1818
  • Attribution Contact: 715-552-1818
  • Co List Office Phone: 715-552-1818
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 8500.0
  • Reso Fireplace Features: None
  • Living Area: 8500.0
  • Property Sub Type Additional: Apartment
  • Special Features: None

Interior Features

  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Fireplace: No

Exterior Features

  • Foundation Details: Poured, Slab
  • Waterfront: No
  • Exclusions: Tenants Personal
  • Construction Type: Vinyl Siding
  • Other Structures: Other, See Remarks
  • Patio And Porch Features: None

Garage/Parking

  • Parking Features: Asphalt, Driveway

Utilities

  • Cooling: Wall Unit(s), Wall/Window Unit(s)
  • Electric: Circuit Breakers
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Rice Lake Area

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 276500568003

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 14342.0

Multi Family

  • Number Of Units Total: 11

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 For Sale $1,095,000 -- $129 / Sq Ft
Source: Northwestern Wisconsin Multiple Listing Service

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1594737

Northwestern Wisconsin Multiple Listing Service
Wisconsin Barron County Rice Lake 54868

1635 Kern Ave Unit 1-11, Rice Lake, WI

This home is located at 1635 Kern Ave Unit 1-11, Rice Lake, WI 54868 and is currently priced at $1,095,000, approximately $128 per square foot. This property was built in 1996. 1635 Kern Ave Unit 1-11 is a home located in Barron County with nearby schools including Rice Lake High School, Northern Lakes Regional (NLRA), and Redeemer Evangelical Lutheran School.

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.

Northwestern Wisconsin Multiple Listing Service 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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Shawn Bergeman
Listing Agent
Shawn Bergeman
Section Image
Eau Claire Realty LLC
(534) 203-9332