$395,000

2196 18 1 2 Ave Unit 1-2 Rice Lake, WI 54868

Estimated payment $2,562/month

Total Views 1,078
-- Bed
-- Bath
3,242 Sq Ft
$122 Price per Sq Ft

Highlights

  • Cooling Available
  • Water Softener
  • Baseboard Heating

About This Home

Prime investment opportunity! This well-maintained duplex is completely rental-ready, with one unit recently updated while both offer lake views and direct access to Lake Montanis boat landing. This property offers unmatched convenience and recreational appeal, attracting high-demand tenants. Each unit includes a private 2-car garage. Newer roof and siding! Possible option for a assumable loan for a good portion of the purchase at first lien position, at an interest rate lower than market, for qualified buyer. Units are mirror layouts of each other. Don’t miss your opportunity to grow or start your real estate investments with this Rental-ready duplex. Both units currently rented. Left unit vacant on 08/01/2025.

Listing Agent

Joshua Amys

Keller Williams Realty Diversified Brokerage Phone: 715-514-4265 License #85884-94 Listed on: 06/12/2025

Keller Williams Realty Diversified

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,339

Year Built

  • Built in 2007

Lot Details

  • 1.19 Acre Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Utilities

  • Cooling Available
  • Radiant Heating System
  • Baseboard Heating
  • Drilled Well
  • Water Softener

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Sellers Personal,Tenants Personal
  • Assessor Parcel Number 038-3400-31-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,339

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Directions: From Main Street (Hwy SS) in Rice Lake, WI: Turn Right (East) Onto E. Orchard Beach Lane & straight (2nd right) through the round about. After a short drive, turn right onto 21 1/2 Street. This turns into 18 1/2 Ave. Property will be on the right.
  • Lot Size: 370 x 150 x
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Year Built: 2007
  • Lot Size Acres: 1.19
  • Attribution Contact: 715-514-4265
  • Co List Office Phone: 715-514-4265
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 1816.0
  • Living Area: 3242.0
  • Property Sub Type Additional: Duplex
  • General Property Information Below Grade Unfinished Area: 390.0
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Daylight, Full, Partially Finished
  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator, Water Softener
  • Basement YN: Yes
  • Below Grade Sq Ft: 1426.0

Exterior Features

  • Foundation Details: Poured
  • Waterfront: No
  • Exclusions: Sellers Personal,Tenants Personal
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Concrete, Driveway, Gravel

Utilities

  • Cooling: Wall Unit(s), Wall/Window Unit(s)
  • Electric: Circuit Breakers
  • Heating: Baseboard, Radiant Floor, Radiant
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Drilled Well

Schools

  • Junior High Dist: Rice Lake Area

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel Number: 038-3400-31-000
  • Zoning Description: Residential,Residential-Duplex,Shoreline

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4339.0

Multi Family

  • Number Of Units Total: 2

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
06/12/2025 06/12/25 For Sale $395,000 -- $122 / Sq Ft
Source: Northwestern Wisconsin Multiple Listing Service

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1592624

Northwestern Wisconsin Multiple Listing Service

Wisconsin Barron County Rice Lake 54868

2196 18 1 2 Ave Unit 1-2, Rice Lake, WI

This home is located at 2196 18 1 2 Ave Unit 1-2, Rice Lake, WI 54868 and is currently priced at $395,000, approximately $121 per square foot. This property was built in 2007. 2196 18 1 2 Ave Unit 1-2 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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Joshua Amys
Listing Agent
Joshua Amys
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Keller Williams Realty Diversified
(534) 400-5485