Estimated payment $1,362/month
About This Home
Income-Producing Opportunity in Elcho! Mixed-use property located in the heart of Elcho featuring three residential units plus a long-term leased post office space—a rare and stable investment opportunity. All units are currently rented, offering immediate cash flow from day one. The property includes: Three residential units with consistent rental history Unit 1: $550/month Unit 2: $505/month Unit 3: $400/month Commercial space leased to the local post office at $691/month This fully occupied property generates steady income with a diverse tenant mix, reducing vacancy risk. Ideal for investors seeking a turnkey property with established tenants already in place. Conveniently located with easy access to local amenities and main roadways. Whether you're expanding your portfolio or looking for your first investment property, this is a solid opportunity in the Northwoods market. Don’t miss your chance to own a reliable, income-generating property in Elcho!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,388
Lot Details
- 13,995 Sq Ft Lot
Home Design
- Triplex
- Frame Construction
- Shingle Roof
- Composition Roof
Interior Spaces
- 3,120 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
Schools
- Elcho Elementary School
- Elcho High School
Utilities
- Heating System Uses Propane
- Hot Water Heating System
- Well
Listing and Financial Details
- Assessor Parcel Number 008-1336
Map
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 |
|---|---|---|---|---|
| 2025 | $1,388 | $118,600 | $4,900 | $113,700 |
| 2024 | $13 | $118,600 | $4,900 | $113,700 |
| 2023 | $1,399 | $88,200 | $4,100 | $84,100 |
| 2022 | $1,409 | $88,200 | $4,100 | $84,100 |
| 2021 | $1,287 | $88,200 | $4,100 | $84,100 |
| 2020 | $1,208 | $88,200 | $4,100 | $84,100 |
| 2019 | $1,194 | $88,200 | $4,100 | $84,100 |
| 2018 | $1,180 | $88,200 | $4,100 | $84,100 |
| 2017 | $1,183 | $88,200 | $4,100 | $84,100 |
| 2016 | $1,110 | $88,200 | $4,100 | $84,100 |
| 2015 | $1,079 | $88,200 | $4,100 | $84,100 |
| 2014 | $1,117 | $88,200 | $4,100 | $84,100 |
| 2013 | $1,251 | $88,200 | $4,100 | $84,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2026 04/30/26 | Price Changed | $229,900 | -8.0% | $74 / Sq Ft |
| 03/12/2026 03/12/26 | For Sale | $249,900 | -- | $80 / Sq Ft |
Source: Greater Northwoods MLS
MLS Number: 216304
APN: 008-1336
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