$230,000

816 and 812 S Wisconsin Ave Unit 816 and 812 Rice Lake, WI 54868

Estimated payment $1,533/month

-- Bed
-- Bath
2,613 Sq Ft
$88 Price per Sq Ft

Highlights

  • 1.94 Acre Lot
  • Forced Air Heating System
  • Baseboard Heating
  • Cooling Available

About This Home

Are you looking to expand your rental portfolio, invest in a multi-unit property, or purchase a home that can help pay for itself? This unique opportunity features two homes situated on nearly 2 acres right in the City of Rice Lake. The main home offers 4 bedrooms and 1 bathroom, an easy-flowing main level layout, and the convenience of both main-level laundry and main-level bath as well as an attached garage. Each bedroom is generously sized, making the home comfortable for families or future tenants. The second residence is a charming 1-bedroom, 1-bathroom home with an open-concept design and its own 1-car detached garage, perfect for rental income, guests, or multi-generational living. Outdoors, enjoy the rare amount of yard space this in-town property provides—ideal for gardening, recreation, or future expansion. Plus, you’ll appreciate all the perks of city living, including city water and sewer, and easy access to groceries, healthcare, schools, and shopping. Whether you’re an investor or owner-occupant, this property offers flexibility, income potential, and space that’s hard to find within the city limits.

Listing Agent

Casey Watters

Real Estate Solutions Brokerage Phone: 715-719-0555 License #52542-90 Listed on: 12/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,910

Year Built

  • Built in 1901

Lot Details

  • 1.94 Acre Lot

Parking

  • Driveway

Home Design

  • Poured Concrete
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,613 Sq Ft Home
  • Partial Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Sellers Personal
  • Assessor Parcel Number 276-5007-61-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,910

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Directions: From Main Go Left on W Messenger to Left on S Wisconsin to Property on Right
  • Lot Size: 623 x 131 x
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Year Built: 1901
  • Lot Size Acres: 1.943
  • Attribution Contact: 715-719-0555
  • Co List Office Phone: 715-719-0555
  • MLS Status: Active
  • Above Grade Finished Sq Ft: 2613.0
  • Architectural Style: Multiplex
  • Reso Fireplace Features: None
  • Living Area: 2613.0
  • General Property Information Below Grade Unfinished Area: 210.0
  • Special Features: None

Interior Features

  • Has Basement: None, Partial
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Other, Oven, Range, Refrigerator, See Remarks, Washer
  • Basement YN: No
  • Fireplace: No

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway, Gravel

Utilities

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

Schools

  • Junior High Dist: Rice Lake Area

Lot Info

  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 276-5007-57-000
  • Parcel Number: 276-5007-61-000
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3910.26

Multi Family

  • Number Of Units Total: 2

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
12/01/2025 12/01/25 For Sale $230,000 -- $88 / Sq Ft
Source: Northwestern Wisconsin Multiple Listing Service

Source: Northwestern Wisconsin Multiple Listing Service

MLS Number: 1597375

Northwestern Wisconsin Multiple Listing Service