$395,000
- 6 Beds
- 4 Baths
- 3,242 Sq Ft
2196 18 1 2 Ave, Rice Lake, WI 54868
Joshua Amys Keller Williams Realty Diversified
4
Rice Lake, WI Multifamily Homes & Duplexes for Sale
-
2196 18 1 2 Ave, Rice Lake, WI 54868
-
Explore Rice Lake
-
$395,000
- 3,242 Sq Ft
2196 18 1 2 Ave Unit 1-2, Rice Lake, WI 54868
2196 18 1 2 Ave Unit 1-2, Rice Lake, WI 54868Joshua Amys Keller Williams Realty Diversified
-
$599,000
- 3 Beds
- 1.5 Baths
- 1,901 Sq Ft
1936 County Highway M Unit 7, Rice Lake, WI 54868
1936 County Highway M Unit 7, Rice Lake, WI 54868Donnie Marker Dane Arthur Real Estate Agency
-
$175,000
Lot 3 W South St, Rice Lake, WI 54868
Lot 3 W South St, Rice Lake, WI 54868Geoff Pedersen Associated Realty LLC
Why Live in Rice Lake
Rice Lake, WI, located in the northwestern corner of the state, is a small city known for its picturesque views of Rice Lake and scenic rivers. The area is popular for outdoor activities, with sports parks, trails, and the 104-mile Wild Rivers State Trail catering to all-terrain vehicles, snowmobiles, skiers, cyclists, and pedestrians. Year-round events such as festivals, fairs, circuses, and rodeos provide plenty of things to do. The city serves as a hub for shopping, education, and healthcare for nearby communities, with major employers including Rice Lake Weighing Systems and Marshfield Medical Center. Housing options range from century-old cottages to new subdivisions, with lakefront retreats also available. Parks like Veterans Memorial Park and Lakefront Park offer green spaces and cultural events, while sports complexes host various athletic activities. The Rice Lake Area School District is highly rated, and the University of Wisconsin-Eau Claire at Barron County is nearby. Recent downtown renovations have improved accessibility, enhancing the appeal of local breweries, restaurants, and cafes. Summers are mild, and winters are snowy, making Rice Lake a year-round destination. Car travel is common, with limited public transportation options. Rice Lake is 60 miles north of Eau Claire and 100 miles from Minneapolis/Saint Paul, with the closest commercial airport in Eau Claire, 56 miles away.
Home Trends in Rice Lake, WI
On average, homes in Rice Lake, WI sell after 111 days on the market compared to the national average of 70 days. The median sale price for homes in Rice Lake, WI over the last 12 months is $350,000, up 24% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$350,000
Median Single Family Sale Price
$365,000
Average Price Per Sq Ft
$189
Number of Homes for Sale
11
Last 12 months Home Sales
179
Months of Supply
0.70
Median List Price
$359,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
24%
In Rice Lake, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $175,000 to $599,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Rice Lake is $359,900, while the average sale price is $378,121, offering insights into the local housing market. On average, multi-family homes spend 111 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Rice Lake, WI.
Rice Lake Types of Homes for Sale
More About Living in Rice Lake
Popular Searches in Rice Lake
Homes in Nearby Counties
Copyright © 2025 CoStar Group
