1223 E Main St, Merrill, WI 54452
OFF MARKET

1223 E Main St
Merrill, WI 54452

  • 5 Beds
  • 3 Baths
  • 6,058 sqft

$217,300

Trulia Estimate
as of Jun 4, 2026
Est. Refi. Payment $1,371/mo*
Refinance Your Home

$217,300

Trulia Estimate
as of Jun 4, 2026
Est. Refi. Payment $1,371/mo*
Refinance Your Home
5 Beds
3 Baths
6,058 sqft

Local Information

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Description

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.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

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 History for 1223 E Main St

DatePriceEventSource
02/05/2021$79,900Sold
CWMLS #22006860
12/30/2014$124,000ListingRemovedAgent Provided
10/08/2014$124,000PriceChange
Agent Provided
04/25/2014$129,000Listed For SaleAgent Provided

Market trends in Merrill

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
31
1MoM
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Comparable Sales for 1223 E Main St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
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
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
119 N State St, Merrill, WI
1.30
Multi-Family Home
$95,000
06/25/25
4
3.5
2,160
511 N Genesee St, Merrill, WI
1.23
Multi-Family Home
$81,000
10/28/25
3
2
1,825
407 N State St, Merrill, WI
1.31
Multi-Family Home
$148,750
03/06/26
3
2
2,113
620 N State St, Merrill, WI
1.38
Multi-Family Home
$147,000
05/04/26
4
2
1,170
705 W Riverside Ave, Merrill, WI
1.48
Multi-Family Home
$227,000
11/03/25
4
3
2,008

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Assigned Schools

These are the assigned schools for 1223 E Main St.
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The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

  • 51 % 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
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  • 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
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  • 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
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  • Gb
    "It’s the real beginning of the north woods...and you can actually afford it....pine river area is up and coming "
    0
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  • 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
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  • 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
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  • Deaner1288
    "I like the community and the schools in the area. The people are friendly and the neighborhood is quite. "
    1
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1223 E Main St, Merrill, WI 54452 is a 5 bedroom, 3 bathroom, 6,058 sqft multi-family. This property is not currently available for sale. 1223 E Main St was last sold on Feb 5, 2021 for $79,900. The current Trulia Estimate for 1223 E Main St is $217,300.