This nicely maintained duplex in Eagle River is now available as a turnkey investment. The raised ranch design provides an upper and a lower unit, each with closely matching layouts that include 2 bedrooms, a full bath, a kitchen with eat-in dining space, and spacious living rooms. Both units also offer two entry/exit points and have access to one stall each of the garage. The upper unit (month-to-month) rents for $650/month while the lower unit (year lease to July 2024) rents for $675/month. Tenants cover utilities while the owner pays for garbage pick-up (roughly $250/year) and Eagle River Fire Department fees ($120/year). A SureDry sump and drainage system was installed in September of 2022 and is warrantied for 25 years with that warranty transferrable to the new owner of the property. With rental inventory remaining low, the monthly rent amounts for each unit could likely be raised to generate more income.
Sold for $159,000
$159,000
517 Minnesota St N, Eagle River, WI 54521
4beds
1,728sqft
Duplex, Multi Family
Built in ----
-- sqft lot
$264,000 Zestimate®
$92/sqft
$1,317 Estimated rent
Home value
$264,000
$235,000 - $293,000
$1,317/mo
Zestimate® history
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$1,317/mo
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$992/mo
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: July 09, 2025 at 04:23pm
Listed by:
RON SKAGEN - SCHNEIDER - ZENK - REALTORS 715-490-2457,
FIRST WEBER - RHINELANDER
Bought with:
RON SKAGEN - SCHNEIDER - ZENK - REALTORS, 21338 - 90
FIRST WEBER - RHINELANDER
Source: GNMLS,MLS#: 203685
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Basement
- Dimensions: 10x10'6
Bedroom
- Level: Basement
- Dimensions: 9x10
Bedroom
- Level: First
- Dimensions: 10'6x11'6
Bedroom
- Level: First
- Dimensions: 9x12'6
Bathroom
- Level: Basement
Bathroom
- Level: First
Kitchen
- Level: First
- Dimensions: 10x10
Kitchen
- Level: Basement
- Dimensions: 10x11
Living room
- Level: Basement
- Dimensions: 11x19'3
Living room
- Level: First
- Dimensions: 13'3x19'6
Heating
- Baseboard, Electric
Appliances
- Included: Electric Water Heater
Features
- Flooring: Mixed
- Basement: Daylight,Exterior Entry,Full,Finished,Interior Entry
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,728
- Total interior livable area: 1,728 sqft
- Finished area above ground: 864
- Finished area below ground: 864
Property
Parking
- Total spaces: 2
- Parking features: Additional Parking, Attached, Garage, Two Car Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Exterior features: Gravel Driveway
- Frontage length: 0,0
Lot
- Size: 7,405 sqft
Details
- Parcel number: 22179501
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Raised Ranch
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Frame, Wood Siding
- Foundation: Block
- Roof: Composition,Shingle
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Eagle River
- Subdivision: Cl Perrys 3rd Add
Other
Other facts
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2023 | Sold | $159,000-0.3%$92/sqft |
Source:  GNMLS #203685 Report a problem | ||
| 9/13/2023 | Pending sale | $159,500$92/sqft |
Source: GNMLS #203685 Report a problem | ||
| 9/9/2023 | Listed for sale | $159,500+87.6%$92/sqft |
Source: GNMLS #203685 Report a problem | ||
| 9/23/2020 | Sold | $85,000+6.3%$49/sqft |
Source: GNMLS #180425 Report a problem | ||
| 12/1/2016 | Sold | $80,000$46/sqft |
Source: GNMLS #160450 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 54521
Nearby schools
GreatSchools rating
- 5/10Northland Pines Elementary-Eagle RiverGrades: PK-6Distance: 0.9 mi
- 5/10Northland Pines Middle SchoolGrades: 7-8Distance: 1.1 mi
- 8/10Northland Pines High SchoolGrades: 9-12Distance: 1.1 mi
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- Wisconsin
- Vilas County
- Eagle River
- 54521
- 517 Minnesota St N