209 Park St E, Rhinelander, WI
$295,000
5
Beds
4
Baths
About 209 Park St E
Turnkey multifamily investment delivering reliable income with refined upside potential. This well maintained four-unit property offers immediate cash flow and long term value for the discerning investor. Units 1 and 3 are positioned on the main level, while units 2 and 4 are located above, creating a functional and balanced layout. All units are currently leased, ensuring a stable revenue stream from day one. Most floor plans feature efficient open-concept living, seamlessly blending kitchen, dining, and living spaces for modern appeal. Utilities including: gas, electric, water, and garbage are presently owner paid, as units are not separately metered. Gross monthly rent roll: $2,140.00. Rents are currently in process of a positive price adjustment. A polished and dependable addition to any investment portfolio—schedule your private showing today.
Features of 209 Park St E
| MLS® # | 216869 |
|---|---|
| Price | $295,000 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Type | Single Family |
| Sub-Type | Fourplex |
| Style | Two Story |
| Status | Active |
Community Information
| Address | 209 Park St E |
|---|---|
| Subdivision | 1st Add |
| City | Rhinelander |
| County | Oneida |
| State | WI |
| Zip Code | 54501 |
Amenities
| Parking | No Garage |
|---|---|
| Garages | No Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Electric Water Heater, Gas Water Heater |
|---|---|
| Heating | Forced Air, Natural Gas |
| Fireplace | Yes |
| Fireplaces | None |
| Stories | 2 |
| Has Basement | No |
Exterior
| Exterior | Frame |
|---|---|
| Roof | Composition, Shingle |
| Construction | Frame |
| Foundation | Block, Stone |
Additional Information
| Date Listed | May 6th, 2026 |
|---|---|
| Days on Market | 117 |
| Short Sale | No |
| RE / Bank Owned | No |
| Taxes | $1,993 |
| Tax Year | 2025 |
| Agent | Luke Durkee |
| Office | TWENTY-TWO RE LLC |
Listing Details
| Office | TWENTY-TWO RE LLC |
|---|