$450,000

Estimated payment $2,754/month

Total Views 5,049
5 Beds
5 Baths
3,485 Sq Ft
$129 Price per Sq Ft

Highlights

  • Public Water Access
  • Brick or Stone Mason
  • 3-minute walk to H. Pearson Plaza

About This Home

Located in the heart of downtown Ashland, this 6-unit mixed-use investment opportunity offers strong rental income potential with historically solid occupancy in one of Northern Wisconsin’s most charming Lake Superior communities. The property features one commercial storefront on the main level along with five upper-level residential units, each offering 1 bedroom and 1 bathroom. Tenants pay electric separately for their own units, and each unit is individually zoned for boiler heat, providing added efficiency and management flexibility for ownership. Positioned along historic Main Street, tenants and visitors alike enjoy close proximity to Ashland’s vibrant downtown district, local shops, restaurants, the Lake Superior waterfront, and the renowned Ashland Mural Walk. Whether you are looking to expand your investment portfolio or own a versatile income-producing property, this listing presents a great opportunity! Willing to sell individually or as a package with 210 Main Street.

Listing Agent

Aiden Bachand

RE/MAX Results Brokerage Phone: Listed on: 05/27/2026

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,424

Year Built

  • Built in 2004

Home Design

  • Flat Roof Shape
  • Brick or Stone Mason
  • Stone Foundation
  • Rubber Roof

Interior Spaces

  • 3,485 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • No Garage
  • Parking Available
  • Common or Shared Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Public Water Access

Community Details

  • 6 Units
  • No Laundry Facilities

Listing and Financial Details

  • The owner pays for electricity, fuel, janitorial service, lawn care, repairs, snow removal, trash collection, water, sewer
  • Assessor Parcel Number 201-04288-0000

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,424

Year Built

Built in 2004

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Directions: Traveling Northeast on Hwy 2, take a right onto Vaughn Ave, travel one block and take a left onto Main Street. Building will be on the right hand side.
  • Tax Year: 2025
  • Reso Roof: Flat, Rubber
  • Year Built: 2004
  • Property Sub Type: Multi-Family 5+
  • Property Type: Residential Income
  • LotSizeAcres: 0.08
  • Lot Size: 25 x 140
  • Road Frontage Type: City Street, Paved Road, Sidewalks
  • Co List Office Mls Id: LSA31542
  • Above Grade Finished Sq Ft: 3485
  • Living Area: 3485
  • LSA_Foreclosure: No
  • LSA_Auction: No
  • LSA_ManagementCompany: ***
  • LSA_LeasedLand: Owned
  • LSA_CondoType: Up & Down
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Owner Pays: Electricity, Fuel, Janitorial Service, Lawn Care, Repairs, Snow Removal, Trash Collection, Water, Sewer
  • Total Bedrooms: 5
  • Stories: 3

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: Off Street, On Street, Common, Concrete
  • LSA_GarageType: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: None
  • Water Source: City

Schools

  • Junior High Dist: Ashland (WI) #170

Lot Info

  • Parcel Number: 201-04288-0000

Rental Info

  • Tenant Pays: Internet, Cable TV, Electricity

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 3424

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,424 $126,200 $13,000 $113,200
2024 $3,457 $126,200 $13,000 $113,200
2023 $3,146 $126,200 $13,000 $113,200
2022 $3,063 $126,200 $13,000 $113,200
2021 $2,928 $126,200 $13,000 $113,200
2020 $2,889 $113,100 $11,500 $101,600
2019 $2,846 $113,100 $11,500 $101,600
2018 $2,728 $113,100 $11,500 $101,600
2017 $2,681 $110,700 $11,500 $99,200
2016 $2,777 $110,700 $11,500 $99,200
2015 $2,719 $110,700 $11,500 $99,200
2014 $2,486 $110,700 $11,500 $99,200
2013 $2,650 $110,700 $11,500 $99,200
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
05/27/2026 05/27/26 For Sale $450,000 -- $129 / Sq Ft
Source: Lake Superior Area REALTORS®

Source: Lake Superior Area REALTORS®

MLS Number: 6125569

APN: 201-04288-0000

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