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914 4TH AVE

Park Falls, WI 54552
  • $349,900
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 218534
UPDATED: 8 min ago
$349,900
  • 10
    BEDS
  • 1.02
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 3,526
    SQFT
  • $99
    $/SQFT
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Exceptional opportunity to own a multi-building commercial investment property with outstanding flexibility and upside potential. Situated in a prominent location with access from both State Hwy 13 & 5th Avenue, Hilltop Lodging offers a diverse mix of rental opportunities on one property, making it ideal for long-term rentals, short-term lodging, workforce housing, or future redevelopment. The property includes a well-maintained triplex, with all seller-owned furnishings included, featuring 2 upper studio apartments and 1 lower-level 1 BR, 1 BA apartment. The triplex has seen numerous updates over the years and features vinyl flooring, carpet, drywall, compact kitchenettes w/full-size refrigerators, & forced air heat (new in 2024) w/central air, providing comfortable living spaces for tenants. Also included is a 4-unit building, with all four units designed as studio-style accommodations with private baths. Three units are seller-furnished and feature kitchenette areas w/mini refrigerators, microwaves, countertops, & wall-mounted TVs. Unit #4 is ready for renovation, presenting an excellent opportunity to add value. Also located on the property are 5 detached cabin buildings, all being sold as-is, offering potential for restoration, redevelopment, storage, or other future uses as envisioned by the next owner. The property also includes a 3 BR, 1 BA home that requires extensive remodeling, providing yet another opportunity for renovation & additional income potential. A garage & storage shed offer added utility, while the property's elevated setting provides ample parking and excellent visibility along busy State Hwy 13. Whether you're looking to expand your investment portfolio, operate lodging accommodations, develop workforce housing, or reimagine the property for future uses, Hilltop Lodging presents a rare opportunity in the Northwoods with multiple income-producing buildings and exceptional potential to increase value over time. Call today for more information!

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© 2026 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: 2026-08-15T00:07:21.22.
www.dreamnorthre.com/homes/178938293
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914 4TH AVE Park Falls, WI 54552

  • Price: $349,900
  • Status: Active
  • On Site: 28 Days
  • Updated: 8 min ago
  • MLS #: 218534
10
Beds
8
Baths
0
½ Baths
1.02
Acres
3,526
SQFT
$99
$/SQFT
County:
Price
Area:
Park Falls
Property Description
Exceptional opportunity to own a multi-building commercial investment property with outstanding flexibility and upside potential. Situated in a prominent location with access from both State Hwy 13 & 5th Avenue, Hilltop Lodging offers a diverse mix of rental opportunities on one property, making it ideal for long-term rentals, short-term lodging, workforce housing, or future redevelopment. The property includes a well-maintained triplex, with all seller-owned furnishings included, featuring 2 upper studio apartments and 1 lower-level 1 BR, 1 BA apartment. The triplex has seen numerous updates over the years and features vinyl flooring, carpet, drywall, compact kitchenettes w/full-size refrigerators, & forced air heat (new in 2024) w/central air, providing comfortable living spaces for tenants. Also included is a 4-unit building, with all four units designed as studio-style accommodations with private baths. Three units are seller-furnished and feature kitchenette areas w/mini refrigerators, microwaves, countertops, & wall-mounted TVs. Unit #4 is ready for renovation, presenting an excellent opportunity to add value. Also located on the property are 5 detached cabin buildings, all being sold as-is, offering potential for restoration, redevelopment, storage, or other future uses as envisioned by the next owner. The property also includes a 3 BR, 1 BA home that requires extensive remodeling, providing yet another opportunity for renovation & additional income potential. A garage & storage shed offer added utility, while the property's elevated setting provides ample parking and excellent visibility along busy State Hwy 13. Whether you're looking to expand your investment portfolio, operate lodging accommodations, develop workforce housing, or reimagine the property for future uses, Hilltop Lodging presents a rare opportunity in the Northwoods with multiple income-producing buildings and exceptional potential to increase value over time. Call today for more information!
Exterior Features

Construction Materials Vinyl Siding Parking Features Paved Private Driveway Roof Composition Metal Shingle

Interior Features

Cooling Central Air Cooling YN Yes Flooring Carpet Mixed Vinyl Heating Electric Forced Air Natural Gas Wall Furnace Heating YN Yes

Property Features

Gross Income 73385 Inclusions Real Estate Only Fixtures Furniture Operating Expense 30912 Ownership Type Fee Simple Property Sub Type Hotel / Motel Property Sub Type Additional Multi Family Investment Public Survey Range 01 W Public Survey Section 23 Public Survey Township 40 Road Frontage Type City Street Highway Sewer Public Sewer Tax Annual Amount 5139 Tax Year 2025 Township PR Park Falls ( City) Water Source Public Waterfront YN No

Listing information © 2026 Northwoods Association of REALTORS® & Greater Northwoods MLS.
Listing provided courtesy of Cala Neu of NORTHWOODS REALTY: 715-339-4663.



© 2026 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: 2026-08-15T00:07:21.22.
 
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Dream North Real Estate, eXp Realty, LLC
7750 US Hwy 51, Suite C
Minocqua WI, 54548