209 E Park St, Rhinelander, WI 54501
FOR SALE
NEW - 2 DAYS AGO

209 E Park St
Rhinelander, WI 54501

  • 5 Beds
  • 4 Baths
  • 2,486 sqft

$305,000

$305,000

5 Beds
4 Baths
2,486 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$123
Listed
2 days ago

Home Details for 209 E Park St

Interior Features

Interior Details
Number of Rooms: 14Types of Rooms: Bedroom, Bathroom, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 2486 Square Feet
Appliances & Utilities
Appliances: Electric Water Heater, Gas Water Heater
Heating & Cooling
Heating: Forced Air,Natural GasHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: NoneNo Fireplace
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Roof: Composition ShingleFoundation: Block, Stone
Parking & Garage
No GarageNo Attached GarageParking: No Garage
Frontage
Road Frontage: City StreetNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Frontage Length: 0, 0
Finished Area
Finished Area (above surface): 2486 Square Feet

Days on Market

Days on Market: 2

Property Information

Property Type / Style
Property Type: ResidentialProperty Subtype: Quadruplex, Multi FamilyArchitecture: Two Story
Building
Construction Materials: FrameAttached To Another Structure
Property Information
Parcel Number: 2760103160000

Price & Status

Price
List Price: $305,000Price Per Sqft: $123
Status Change & Dates
Possession Timing: Closing

Active Status

MLS Status: Active

Location

Direction & Address
City: RhinelanderCommunity: 1st Add

Agent Information

Listing Agent
Listing ID: 216869

Building

Building Area
Building Area: 2486 Square Feet

Lot Information

Lot Area: 9714 sqft

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: 216869Living Area Range Units: Square FeetAttic: Crawl SpaceAbove Grade Unfinished Area: 2486Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-55085-N-2760103160000-R-N

Additional Information

Days On Market Replication: 2
Last check for updates: about 4 hours ago
Listing courtesy of LUKE DURKEE, (715) 493-3179
TWENTY-TWO RE LLC
Source: GNMLS, MLS#216869
Also Listed on GNMLS.

Price History for 209 E Park St

DatePriceEventSource
05/06/2026$305,000Listed For SaleGNMLS #216869
09/15/2022$147,000Sold
GNMLS #198230
08/01/2022$140,000ContingentGNMLS #198230
07/31/2022$140,000Listed For SaleGNMLS #198230
08/21/2012$37,500ListingRemovedAgent Provided
07/27/2012$37,500Listed For SaleAgent Provided

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Comparable Sales for 209 E Park St

Address
Distance
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Sold Price
Sold Date
Bed
Bath
Sqft
127 E Anderson St, Rhinelander, WI
0.14
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$130,000
11/07/25
3
2
1,845
35 East Randall Avenue, Rhinelander, WI
0.07
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$213,000
03/02/26
3
2
1,600
18 Ocala St, Rhinelander, WI
0.32
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$209,000
08/15/25
3
2.5
1,707
409 Dahl St, Rhinelander, WI
0.51
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$265,000
06/13/25
4
2
2,139
324 Lennox St, Rhinelander, WI
0.70
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$164,000
08/15/25
4
2
1,848
909 Arbutus St, Rhinelander, WI
0.29
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$42,000
11/24/25
3
2
1,200
506 N Brown St, Rhinelander, WI
0.75
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$109,900
08/21/25
2
2
1,548
1205 W Phillip St, Rhinelander, WI
1.05
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$305,000
08/14/25
8
4
3,500
816 Eagle St, Rhinelander, WI
0.99
Multi-Family Home
$145,000
06/03/25
2
2
1,600
225 Crescent St, Rhinelander, WI
1.04
Multi-Family Home
$320,000
08/14/25
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4
4,056

Assigned Schools

These are the assigned schools for 209 E Park St.
View nearby schools on GreatSchools
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 Rhinelander

At least 67 Trulia users voted on each feature.

  • 94 % Say yards are well-kept

  • 91 % Say it's dog friendly

  • 89 % Say car is needed

  • 88 % Say there's wildlife

  • 86 % Say parking is easy

  • 72 % Say people would walk alone at night

  • 70 % Say there's holiday spirit

  • 63 % Say kids play outside

  • 62 % Say it's walkable to grocery stores

  • 58 % Say neighbors are friendly

  • 54 % Say it's walkable to restaurants

  • 54 % Say it's quiet

  • 49 % Say there are sidewalks

  • 48 % Say streets are well-lit

  • 45 % Say they plan to stay for at least 5 years

  • 16 % Say there are community events

Learn more about our methodology.
  • Dan Jon Voss
    "People are friendly and will care about you if needed for something. Great place to raise a family. Lots of recreation opportunities."
    0
    Flag
  • Davidbeth21476
    "Family friendly place. Activities available every season. Safe feeling always. Neighbors helping Neighbors. "
    2
    Flag
  • Mary
    "Recreation in the Northwoods and the beauty and serenity of the area is unsurpassable. Friendly people and low crime."
    1
    Flag
  • Madison S.
    "small town feel with lakes parks & bigger stores but also woods and farms as well. its a great place to raise a family, safe & a blast in the summer! winters are tough though and a definite adjustment when moving here! "
    5
    Flag
  • Nicole D.
    "safe neighborhood for kids and quiet despite it being so close to town. has the small town feel along with being close to stores and shops only a few blocks away. and very close to the school district."
    0
    Flag
  • Gftrickey
    "I live in Rhinelander, but out just enough to be in the country....deer, turkey and bear walking thru the yard, but 5 minutes from Walmart! The best of both worlds!!"
    8
    Flag
  • 54501
    "There is a paper mill in Rhinelander. The mill releases pollution and about once a month I have a serious respiratory event when the air plume drifts towards my residence. The city has very low crime. Pet waste is a problem. Pet owners are not very good at cleaning up after their dogs. The medical facilities are good. There is an organic Food market which just expanded and offers meats, produce etc. which is locally grown. The surface of many streets here are in need of repair and have been patched excessively. The city needs a new water well and other major infrastructure renovations. The city does not allow small businesses to operate from home on the internet even though the State of WI allows it with a sellers permit for $10. All business activity must be in a commercial zone. The city has super services for senior citizens. There is a senior bus, and special low rate for cabs.($3) a ride. There are several senior programs to help the geriatric population remain at home ; Meals on wheels, and recreation at the Senior Center. It is a terrible landscape for biking. There are many steep hills and the bike trails are not trails at all. Bike paths are on busy streets until they reach a park setting. "
    20
    Flag
  • Fdais2000
    "I have lived here for quite some time."
    1
    Flag
  • dellsnut
    "Small lake with no public access....very quiet I have lived here for 11 yrs couldn't be in a nicer area if you are wanting the real northwoods experience. Love the Eagles!"
    0
    Flag

LGBTQ Local Legal Protections

LUKE DURKEE, TWENTY-TWO RE LLC
Agent Phone: (715) 493-3179
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
209 E Park St, Rhinelander, WI 54501 is a 5 bedroom, 4 bathroom, 2,486 sqft multi-family. This property is currently available for sale and was listed by GNMLS on May 6, 2026. The MLS # for this home is MLS# 216869.