816 and 812 S Wisconsin Avenue 816 and 812, Rice Lake, WI 54868

Description

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 will appreciate all the perks of city living, including city water and sewer, and easy access to groceries, healthcare, schools, and shopping. Whether you are an investor or owner-occupant, this property offers flexibility, income potential, and space that is hard to find within the city limits.

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Interior Details

  • Above Grade Finished Area2,613 SqFt
  • Appliances IncludedDryer, Dishwasher, Electric Water Heater, Microwave, Other, Oven, Range, Refrigerator, See Remarks, Washer
  • BasementNone, Partial
  • Below Grade Unfinished Area210 SqFt
  • Building Area Total2,823 SqFt
  • CoolingWindow Unit(s)
  • ElectricCircuit Breakers
  • FoundationOther, Poured, See Remarks
  • HeatingBaseboard, Forced Air
  • Living Area2,613 SqFt

Exterior Details

  • ConstructionAluminum Siding, Vinyl Siding
  • Lot Size1.94 Acres
  • ParkingDriveway, Gravel
  • SewerPublic Sewer
  • StyleMultiplex
  • Water SourcePublic

Property Details

  • 2025 Taxes$4,874
  • CountyBarron
  • Number of Units2
  • PossessionClose of Escrow
  • Property SubtypeMulti Family
  • School DistrictRice Lake Area
  • StatusActive
  • TownshipCity of Rice Lake
  • Unit Number816 And 812
  • Year Built1901
  • ZoningResidential

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Call (715) 318-5141 Today!

MLS# 1597375

$230,000

Multi Family, Residential Income Property built in 1901

Acres
1.94 Acres

County
Barron

Above Grade
2,613 sq ft

Status
Active

Units

Unit #1  | 
Bedrooms: 1  |  Bathrooms (F/H): 1/0
720 sq ft  |  Garage Spaces: 1
this an entirely separate home, on separate tax id, Dishwasher, Dryer, Oven/Range, Refrigerator, Washer

Unit #2  | 
Bedrooms: 4  |  Bathrooms (F/H): 1/0
1,893 sq ft  |  Garage Spaces: 1
this an entirely separate home, on separate tax id, Oven/Range, Refrigerator

Questions?

Listed By

Listing Office: Real Estate Solutions

Listing Agent: Casey Watters

Last Updated: December 18th, 2025 @ 3:28 PM

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Data relating to real estate for sale on this website comes in part from the IDX program of the NW WI MLS. Information provided by NW WI MLS is compiled from third-party sources. The information is deemed reliable, but cannot be guaranteed. Neither NW WI MLS, the listing broker, or its agents or subagents are responsible for its accuracy.

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