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2196 18 1/2 Avenue

Rice Lake, WI 54868

– beds
– baths
3,242 sqft
1 sqft lot
$121 per sqft
2007 build
– on site

Prime investment opportunity! This well-maintained duplex is completely rental-ready, with one unit recently updated while both offer lake views and direct access to Lake Montanis boat landing. This property offers unmatched convenience and recreational appeal, attracting high-demand tenants. Each unit includes a private 2-car garage. Newer roof and siding! Possible option for a assumable loan for a good portion of the purchase at first lien position, at an interest rate lower than market, for qualified buyer. Units are mirror layouts of each other. Don’t miss your opportunity to grow or start your real estate investments with this Rental-ready duplex.

Listing courtesy of NORTHSTAR / Joshua Amys / Keller Williams Realty Diversified

Last checked: Checking… • Last updated Jun 17, 2025 •

MLS# 6739427 —

The Building

Year Built:

2007
New Construction:

false
Age Of Property:

18
Construction Materials:

Vinyl Siding
Roof:

Age 8 Years or Less
Accessibility Features:

None
Levels:

One
Main Level Finished Area:

1816.0000
Basement:

Full, Partially Finished
Basement:

true
Foundation Area:

1816
Foundation Dimensions:

72x32
Building Area Total:

3632
Above Grade Finished Area:

1816
Below Grade Finished Area:

1426

Room Dimensions

Living Area:

3242

Location

Directions:

From Main Street (Hwy SS) in Rice Lake, WI: Turn Right (East) Onto E. Orchard Beach Lane & straight (2nd right) through the round about. After a short drive, turn right onto 21 1/2 Street. This turns into 18 1/2 Ave. Property will be on the right.
Latitude:

45.47017
Longitude:

-91.705298

The Property

Parcel Number:

038340031000
Property Type:

Residential Income
Property Subtype:

Duplex Side by Side
Additional Parcels:

false
Lot Features:

Many Trees
Lot Size Area:

1.19
Lot Size Dimensions:

370 x 150
Lot Size Units:

Acres
Water Source:

Drilled, Well
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

4339
Tax With Assessments:

4339.0000

The Listing

Virtual Tour
Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Baseboard, Radiant Floor

Utilities

Electric:

Circuit Breakers
Sewer:

Shared Septic, Tank with Drainage Field

Appliances

Refrigerator:

Two

Schools

High School District:

Rice Lake Area

The Community

Subdivision Name:

Certified Surv Map 259
Assessment Pending:

Unknown

Parking

Garage Spaces:

2
Garage Dimensions:

24x22
Garage SqFt:

528

Extra Units

# of Units Total:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price
6/16/25 Jun 16, 2025	Listed / Active	NORTHSTAR	$395,000
3/18/25 Mar 18, 2025	Price Changed	NORTHSTAR
2/6/25 Feb 6, 2025	Price Changed	NORTHSTAR

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This multifamily located in Rice Lake, WI 54868 is currently for sale for $395,000. 2196 18 1/2 Avenue is a 3,242 square foot multifamily with – beds and – baths that has been on Estately for 12 days.

Listing Courtesy of: NORTHSTAR and Keller Williams Realty Diversified.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.