1223 E Main St, Merrill, WI 54452
Property image
Property image
OFF MARKET

$207,100

Trulia Estimate
  • 5 Beds
  • 3 Baths
  • 6,058 sqft

1223 E Main St, Merrill, WI 54452

Refinance Your Home
Currently Off Market - Sold Feb 5, 2021 for $79,900

Home Value

Trulia Estimate
$207K
Since last month
Decreased$29K (-12.1%)
Since last year
Increased$29K (+16.5%)
Since last sale
Increased$127K (+159.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +195% in the last 10 years
MonthEstimated value
2026
August 2026$207K
July 2026$236K
June 2026$221K
May 2026$217K
April 2026$194K
March 2026$192K
February 2026$171K
January 2026$195K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1605 E 7TH STREET, Merrill, WI
0.42
Multi-Family Home
$200,000
06/05/26
3
2
2,570
1605 E 7th St #2, Merrill, WI
0.42
Multi-Family Home
$200,000
06/05/26
3
2
2,570
309 S Kyes St #A & B, Merrill, WI
0.36
Multi-Family Home
$313,900
07/17/26
4
2
1,952
504 N Cleveland St, Merrill, WI
0.53
Multi-Family Home
$128,000
12/23/25
4
2
1,359
507 E 7th St, Merrill, WI
0.64
Multi-Family Home
$131,000
10/24/25
5
2
1,692
111 N POLK STREET, Merrill, WI
0.85
Multi-Family Home
$189,900
08/12/26
6
3
2,224
703-705 WOODBINE AVENUE, Merrill, WI
0.95
Multi-Family Home
$200,000
09/22/25
4
3
1,560
212 N Prospect St, Merrill, WI
1.16
Multi-Family Home
$103,000
02/20/26
4
2
1,516
108 W 3rd St, Merrill, WI
0.98
Multi-Family Home
$139,000
06/15/26
3
2
1,402
511 N Genesee St, Merrill, WI
1.23
Multi-Family Home
$81,000
10/28/25
3
2
1,825

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
100 S Park St, Merrill, WI 54452
0.07
$203,100
4
2
2,516
Off Market
101 S Park St, Merrill, WI 54452
0.07
$199,100
5
2.5
2,288
Off Market
1303 E 1st St, Merrill, WI 54452
0.08
$149,400
3
1
1,313
Off Market
207 S Park St, Merrill, WI 54452
0.04
$242,100
3
2
1,388
Off Market
101 N Park St, Merrill, WI 54452
0.10
$156,600
4
3
2,440
Off Market
1304 E 1st St, Merrill, WI 54452
0.11
$156,200
3
1.5
1,440
Off Market
1308 River St, Merrill, WI 54452
0.07
$209,900
4
1.5
2,242
Recently Sold
Lot 3 GREEK STREET, Merrill, WI 54452
0.12
-
-
-
-
Off Market
1305 E 2nd St, Merrill, WI 54452
0.15
$212,700
3
1.5
1,692
Off Market
1406 East 1ST STREET, Merrill, WI 54452
0.16
$171,200
3
1.5
1,746
Off Market
203 N Park St, Merrill, WI 54452
0.18
$214,700
3
2
1,920
Off Market
1410 E 1st St, Merrill, WI 54452
0.17
$209,200
5
2
1,968
Off Market

Local Information

  • Map ViewExplore the area around 1223 E Main St.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Living Area
6,058 sqft
Price/Sqft
$34

About this House

Investment opportunity; two commercial storefronts w/ 3 rental units above. Located in eastside business district. Currently one business tenant is a thriving hair salon. Opportunity for 2nd storefront.3 rental units have tenants and the units include bedrooms, bath, kitchen, dining & living rms. Potential monthly income of $2,800. The former tanning salon has a commercial heating and cooling unit which is about 6 years old. The current salon has forced air heat installed about 6 years ago. There is central air. In the basement there is a new Modine furnace that was installed in 2014. The 3 apartments have their own electric heat and new hot water heater installed in 2014. The hair salon is about 1008 square feet, and includes a working area for 4 chairs and a bathroom and nail technician area. It is tastefully decorated and there is an adjoining break room. The hair salon fixtures are included in the listing price. Behind the salon is a large storage room and includes a working elevator to the unfinished basement. The storage area on both levels could be leased. The former tanning salon is about 1088 square feet, with three rooms and reception area. The tanning equipment is not included in the list price but could be negotiated. There is about 483 square feet of storage behind. There are three apartments on the upper level. Two apartments include kitchen, living, dining rooms, bathroom and two bedrooms. The third apartment includes kitchen, living, dining rooms, bathroom and one bedroom. Each apartment has their own electrical meter and pays for their use. Currently their leases are month to month. The tenants can park behind the building. This information is compiled from miscellaneous sources and is believed accurate but not warranted. Neither the listing broker nor its agents, subagents or property owner are responsible for the accuracy of the information. Buyers are advised to verify all information.
1223 E Main St, Merrill, WI 54452 is a 5 bedroom, 3 bathroom, 6,058 sqft multi-family. It last sold for $79,900 on Feb 5, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $207,100, with a rent estimate of $1,233/month.

Home Details for 1223 E Main St

Interior Features

Levels, Entrance, & Accessibility
Stories: 2

Property Information

Property Type / Style
Property Type: Multi Family

Exterior Features

Parking & Garage
Parking: Off Street

Community

Units in Building: 3

Price and Tax history

DateEventPrice
Feb 5, 2021
Source: CWMLS #22006860
Sold
$79,900
Dec 30, 2014
Source: Agent Provided
ListingRemoved
$124,000
Oct 8, 2014
Source: Agent Provided
PriceChange
$124,000
Price decreased by 4%
Apr 25, 2014
Source: Agent Provided
Listed For Sale
$129,000

Market trends in Merrill

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
57
3MoM

Around this home

What Locals Say about Merrill

At least 32 Trulia users voted on each feature.

  • 88 % Say it's dog friendly

  • 87 % Say car is needed

  • 86 % Say yards are well-kept

  • 84 % Say parking is easy

  • 81 % Say people would walk alone at night

  • 78 % Say there's holiday spirit

  • 69 % Say there are sidewalks

  • 62 % Say kids play outside

  • 59 % Say it's quiet

  • 58 % Say neighbors are friendly

  • 57 % Say there's wildlife

  • 56 % Say streets are well-lit

  • 50 % Say it's walkable to grocery stores

  • 40 % Say it's walkable to restaurants

  • 37 % Say they plan to stay for at least 5 years

  • 18 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • iBookChick
    "I’ve lived here for 2 1/2 yrs. Everyone is friendly and looks out for each other. You’ll never meet nicer people…"
    1
    Flag
  • Jeanie T.
    "There are many schools and parks in the area. There is a large library and many school activities. There are nearby places for kids to hang out. "
    2
    Flag
  • Danielle M.
    "People are always walking their dogs when it's nice outside. Some even go off leash. Most owners pick up their dogs poop. You even get to know the dogs as they walk past."
    1
    Flag
  • Conniemckenna
    "Lots of dogs in our neighborhood. People are out walking them all the time. I don't know what else to say about dogs :)"
    0
    Flag
  • Aleashago
    "Many options for daycare in the area. Unsure about status of grades schools, high schools etc ........"
    0
    Flag
  • Beranektina
    "in the summer they have the city band play on wednesdays. other then that they have a farmer's market and bingo on sundays. "
    0
    Flag
  • Beranektina
    "nothing in this neighborhood for teens. merrill has some parks but play equipment is old or minimal. the down town area is not a good area for shopping due to vacant buildings. "
    0
    Flag
  • Gb
    "It’s the real beginning of the north woods...and you can actually afford it....pine river area is up and coming "
    0
    Flag
  • Tina
    "we have free events all around town. flee markets . craft sales. concerts and so on. this town does not provide anything for teens to partake in"
    0
    Flag
  • Gmamcgregor
    "I've lived in this neighborhood for 20 years. it's safe and friendly and offers access to the river and lake for boating and fishing."
    0
    Flag
  • Deaner1288
    "I like the community and the schools in the area. The people are friendly and the neighborhood is quite. "
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1223 E Main St

  • What is 1223 E Main St estimated to be worth?
    Trulia's estimated value for 1223 E Main St in Merrill, WI is $207,100.
  • What is the price history for 1223 E Main St?
    1223 E Main St in Merrill, WI last sold for $79,900 in February 2021.
  • Is Merrill a buyer's or seller's market?
    Merrill is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Merrill?
    Residents describe Merrill, WI as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See recently sold homes in Merrill, WI.
  • Does 1223 E Main St have parking?
    Yes, 1223 E Main St in Merrill, WI has on-site parking.

Explore by feature - Pet Friendly

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