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1107 3RD AVE

Park Falls, WI 54552
  • $299,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 212904
UPDATED: 236 min ago
$299,000
  • 7
    BEDS
  • 1.05
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 6,538
    SQFT
  • $46
    $/SQFT
Type:
Commercial
Built:
1971
County:
Area:

School Ratings & Info

Description

Park Falls Investment Opportunity- Well established multifamily property located in downtown Park Falls. This four unit property is within close proximity of all of the retailers and local businesses. The property is fully occupied with long term tenants. The four units consist of: one 2 bed/2 bath (natural gas equipped), two 2 bed/1 bath, and one 1 bed/1 bath. The property features a common area with laundry on site. Indoor parking is available for tenant's at a monthly charge. Generous outdoor parking space available. There are three parcels included in this property one of which is a 0.3 acre buildable vacant lot located to the south, providing potential future development possibilities.

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© 2025 Northwoods Association of REALTORS® & Greater Northwoods MLS. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Dream North Real Estate, eXp Realty, LLC. Data last updated: 2025-07-19T00:07:37.613.
www.dreamnorthre.com/homes/165362248
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1107 3RD AVE Park Falls, WI 54552

  • Price: $299,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 236 min ago
  • MLS #: 212904
7
Beds
5
Baths
1
½ Baths
1.05
Acres
6,538
SQFT
$46
$/SQFT
1971
Built
County:
Price
Area:
Park Falls
Property Description
Park Falls Investment Opportunity- Well established multifamily property located in downtown Park Falls. This four unit property is within close proximity of all of the retailers and local businesses. The property is fully occupied with long term tenants. The four units consist of: one 2 bed/2 bath (natural gas equipped), two 2 bed/1 bath, and one 1 bed/1 bath. The property features a common area with laundry on site. Indoor parking is available for tenant's at a monthly charge. Generous outdoor parking space available. There are three parcels included in this property one of which is a 0.3 acre buildable vacant lot located to the south, providing potential future development possibilities.
Exterior Features

Construction Materials Frame Vinyl Siding Wood Siding Garage YN Yes Parking Features Garage Paved Private Shared Driveway Roof Composition Shingle

Interior Features

Cooling Wall / Window Unit(s) Cooling YN Yes Flooring Carpet Concrete Heating Electric Natural Gas Heating YN Yes

Property Features

Inclusions Real Estate Only Ownership Type Fee Simple Property Sub Type Multi Family Property Sub Type Additional Multi Family Public Survey Range 01 W Public Survey Section 26 Public Survey Township 40 Road Frontage Type City Street Sewer Public Sewer Tax Annual Amount 5325 Tax Year 2024 Township PR Park Falls City Utilities High Speed Internet Connected Phone Available Water Source Public Waterfront YN No

Listing information © 2025 Northwoods Association of REALTORS® & Greater Northwoods MLS.
Listing provided courtesy of Kyle Skarr of REDMAN REALTY GROUP, LLC: (715)358-0450.



© 2025 Northwoods Association of REALTORS® & Greater Northwoods MLS. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Dream North Real Estate, eXp Realty, LLC. Data last updated: 2025-07-19T00:07:37.613.
 
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Dream North Real Estate, eXp Realty, LLC
7750 US Hwy 51, Suite C
Minocqua WI, 54548