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Rhinelander, WI Multifamily Home for Sale

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    $135,000

    • 3 Beds
    • 2 Baths
    • 1,845 Sq Ft

    127 E Anderson St, Rhinelander, WI 54501

    Located in the heart of the city, offering both convenience and strong income potential. Each unit provides comfortable living spaces with separate entrances, making it ideal for owner-occupancy, rental income, or short-term leasing. The downtown location ensures easy access to restaurants, shops, and other local conveniences. Whether you’re looking to expand your portfolio or secure a versatile

    Rob Cornelius CR REALTY

    127 E Anderson St, Rhinelander, WI 54501

Why Live in Rhinelander

Rhinelander, Wisconsin, is a small town of approximately 8,000 residents known for its abundant outdoor activities and vibrant art scene. Nestled in northern Wisconsin, the town is surrounded by forests and lakes, making it a haven for those who enjoy fishing, boating, snowmobiling, and cross-country skiing. Housing options range from historic downtown Victorians to rustic cabins with stonework and A-frame ceilings. Rhinelander's downtown area features local boutiques and eateries, while Lincoln Street hosts big-box stores and chain restaurants. Notable dining options include Casa Mexicana and CT’s Deli. The town's art community is flourishing, with ArtStart offering art lessons and live music in the historic Federal Building. Rhinelander's climate includes long, cold winters and mild summers, with temperatures often in the 70s. The town hosts the Hodag Heritage Festival, celebrating a mythical creature integral to local folklore, and the Oneida County Fair, featuring live music and amusement rides. For transportation, Rhinelander-Oneida County Airport provides flights to Minneapolis-St. Paul and Chicago O’Hare, while Northwoods Transit Connections links Rhinelander to nearby towns. The School District of Rhinelander offers a range of educational options, and Nicolet College provides higher education opportunities.

Home Trends in Rhinelander, WI

Housing Trends

Median Sale Price
$225,500
Median Single Family Sale Price
$175,000
Median 2 Bedroom Sale Price
$225,500
Median 1 Bedroom Sale Price
$135,000
Average Price Per Sq Ft
$208
Number of Homes for Sale
4
Last 12 months Home Sales
187
Months of Supply
0.30
Median List Price
$255,000
Median Change From 1st List Price
12%
Median Home Sale Price YoY Change
-22%
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