$200,000

5220 Spruce St Laona, WI 54541

Estimated payment $1,052/month

Total Views 29
8 Beds
4 Baths
3,168 Sq Ft
$63 Price per Sq Ft

About This Home

INCOME OPPORTUNITY! Four unit apartment located in the Town of Laona. All 4 units have 2 bedrooms, 1 bath, Nice size living room and kitchen. 2 units on the main level and 2 units on the upper level. Coin-Op Laundry located on the main level. Large parking spots for all tenants. Currently has 3 units rented and 1 unit that is vacant. All 4 units are in decent condition and could be rented as is. Some upgrades could be done throughout the property but it is ready to make money now! Close proximity to the school district. Come check it out and you are able walk through the vacant apartment unit and see the potential of income producing property for you to have a great passive income stream.

Listing Agent

Chad Albrecht

LOCAL LIVING REALTY, LLC License #60152 - 90 Listed on: 12/17/2025

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.64 Acre Lot

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,168 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Schools

  • Laona Elementary School
  • Laona High School

Utilities

  • Radiant Heating System
  • Well
  • Electric Water Heater

Community Details

  • 3Rd Rr Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 018-00393-0000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Ownership: Fee Simple
  • Subdivision Name: 3rd Rr Add
  • Directions: Complex is close to Laona School District. On the corner of Spruce Street and Birch Street.
  • Above Grade Finished Sq Ft: 3168.0
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl

Exterior Features

  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Main Level
  • Heating: Electric, Radiant
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: FO Laona
  • High School: FO Laona

Lot Info

  • Lot Size Sq Ft: 27704.0
  • Parcel #: 018-00393-0000
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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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

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 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $193 $0 $0 $0
2020 $193 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
0 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2025 12/17/25 For Sale $200,000 -- $63 / Sq Ft
Source: Greater Northwoods MLS

Source: Greater Northwoods MLS

MLS Number: 215336

Greater Northwoods MLS

APN: 018-00393-0000