2196 18 1 2 Ave Rice Lake, WI 54868
Estimated payment $2,547/month
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,339
Year Built
- Built in 2007
Lot Details
- Lot Dimensions are 370 x 150
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 1-Story Property
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Utilities
- Baseboard Heating
- Well
- Drilled Well
- Shared Septic
Community Details
- 2 Units
- Certified Surv Map 259 Subdivision
Listing and Financial Details
- The owner pays for grounds care, repairs, snow removal
- Assessor Parcel Number 038340031000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $4,339 | $234,300 | $24,800 | $209,500 |
| 2023 | $4,374 | $234,300 | $24,800 | $209,500 |
| 2022 | $4,660 | $234,300 | $24,800 | $209,500 |
| 2021 | $4,226 | $234,300 | $24,800 | $209,500 |
| 2020 | $4,068 | $234,300 | $24,800 | $209,500 |
| 2019 | $3,903 | $234,300 | $24,800 | $209,500 |
| 2018 | $3,856 | $234,300 | $24,800 | $209,500 |
| 2017 | $3,775 | $234,300 | $24,800 | $209,500 |
| 2016 | $3,620 | $234,300 | $24,800 | $209,500 |
| 2015 | $3,479 | $234,300 | $24,800 | $209,500 |
| 2014 | $3,534 | $234,300 | $24,800 | $209,500 |
| 2013 | $3,490 | $234,300 | $24,800 | $209,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/12/2025 06/12/25 | For Sale | $395,000 | -- | $122 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Leasehold Conv With Agreement Of Sale Fee Purchase Hawaii | $250,000 | T.M. Title Services, Inc. |
Source: NorthstarMLS
MLS Number: 6739427
APN: 038-3400-31-000
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